Platypus to Launch GameFi Edition & Yield Boosting NFT
Platypus will launch their gamified interface under the name Platopia in May 2022. Utility NFTs are minted within the Platopia realm. They can also be traded to increase yield performance. Platypus is leading the race thanks to its AMM, genius algorithm, innovative concepts and its GameFi, which will change the way users interact with decentralized markets. Platypus is not just turning into GameFi as they dive deeper into the world of GameFi. Platypus’ original interface is still available to users.
Welcome to the world Platopia
Platopia, a simulation game about building cities in a deserted snowland after the apocalypse’s end, will allow players to stake crypto assets and get rewards in a creative and entertaining way. The first phase in Platopia’s roadmap is a gamified interface, and a full-on world of interactivity will be released in the future. The most innovative part of the NFT yield-boosting NFT. It will transform the way liquidity providers receive returns through a variety of features and advantages.
Yield Generating Non-Foot Technology
As users of Platypus would already know, their voted escrow PTP (vePTP) is a token that rushes liquidity providers’ returns forward to a voluminous APR that reaches up to the hundreds. Platypus NFTs are even more flavorful and sparkly, with only 10,000 available. Each NFT represents a Platypus Hero, with randomly generated attributes. These attributes are gathered randomly through the minting process, which results in a score that determines class for the NFT. Platypus Heroes were born with one skill. These skills, together with the NFT Score, can influence yield-boosting capabilities.
- Speedo: Accelerates vePTP generation by %
- Pudgy increases vePTP cap by %
- Gifted — Increases your vePTP/vePTP cap by an amount fixed
- Diligent: Increases vePTP production by a fixed amount (subject or not to cap).
- Hibernate — Retains a part of vePTP on unstaking (subject for cap)
Although users can have multiple NFTs, yield boosting can only be done at one address. Owning a Platypus NFT also provides other perks such as an exclusive Discord channel and access to alpha leaks for Platypus’ big updates and announcements. Minting will begin in May with very few slots.
Platypus is the first to offer a StableSwap that works exclusively with Avalanche. The open liquidity pool design allows for easy integration multiple assets into one liquidity pool, maximising capital efficiency and minimising slippage. This unique design also enables single-sided liquidity provision, paving the way for countless possibilities via DeFi’s composability. To learn more about Platopia and Platypus NFT, check out their brochure at https://platypus.finance/nft.