Defi Land: A Cost-Effective, Fast-Transaction NFT Farming Game on Solana
The Solana ecosystem has garnered significant attention within the crypto community recently for its cost-effective and speedy transaction capabilities, attracting a large user base interested in GameFi.
In a previous article, Gamefinity listed the 7 most prominent GameFi projects on the Solana network. You can explore more about these top projects here.
In this article, Gamefinity introduces Defi Land, a game built on the Solana ecosystem.
What is DeFi Land?
DeFi Land is a cheerful NFT farming game developed on the Solana ecosystem. It not only ensures entertainment value akin to traditional farming games but also introduces engaging investment activities.
DeFi Land has been launched with versions V1.0 and V2.0, each featuring distinct functionalities accessible on PC, laptop, or smartphone.
Choosing the Solana ecosystem for its development, DeFi Land optimizes speed, enhances security, and minimizes transaction fees for players.
Assets in DeFi Land are associated with specific currency units; for example, sunflower seeds are SOL demo, pumpkins are COPE, and corn is USDC.
Key Features of DeFi Land
Low Fees, Fast Transactions
DeFi Land prioritizes user experience by operating on Solana, ensuring rapid information processing, enhanced security, and minimal transaction fees.
Ecosystem
Rather than being confined within a closed ecosystem, DeFi Land allows players to access various pre-established platforms featuring renowned protocols like AMM, DEX, and Lending, all through a single interface.
Exciting Features
Despite being a game, DeFi Land comes with ambitious features designed to captivate players. For instance, weather conditions in the game automatically change based on market fluctuations. When the market experiences a downturn, expect more rain, wind, thunder, or lightning in DeFi Land.
Conversely, during market "bull runs," the weather in DeFi Land improves with more sunshine, clouds, and rainbows.
How Does DeFi Land Operate?
As mentioned, DeFi Land utilizes multiple protocols to create an open gaming ecosystem. Players can engage in yield farming through lending, borrowing, or token exchange with others on the same interface.
Currently, DeFi Land supports trading of tokens like $SOL, $USDC, $COPE, $RAY, used for constructing farms, islands, lending to others, etc.
Features in DeFi Land
DeFi Land V1
Relaxing sounds, intuitive user interface, comfortable environment... Version 1 features basic functionalities of decentralized financial protocols, including:
- Swap
- Liquidity provision
- Staking & yield farming
- Governance
- Customizable land plots
- Educational base (practice mode)
- Achievements
DeFi Land V2
As previously mentioned, the game will have two releases, with V2.0 planned for early 2022. Version 2 will include numerous outstanding features:
- Borrowing & lending
- Indexes
- NFT market
- Interactive chat
- Predictions & betting
- Guilds, tribes, and battles
- Various fun mini-games
- Tournaments
- Ethereum, Terra, and BSC lands
DeFi Land is currently developed on Solana and will not support DeFi protocols on other blockchains. However, the project plans to incorporate additional blockchains in the near future.
Roadmap
Q4 2021
- Governance
- Special land sales
- Closed beta v2 testing
- Integration of other popular Solana protocols
Q1 2022
- Integration of Ethereum, BSC
- Development of bridges between different blockchains
- Mobile version testing
- Collaboration with other blockchain games
- Launch of V2.0
2022
- Ecosystem sponsorship program
- Integration with other blockchains
- Scholarship/education programs
- Addition of all major protocols on various blockchains
Project Team, Investors & Partnerships
DeFi Land is built by a team of 5 experienced individuals who have extensively researched and explored the decentralized finance sector.
DeFi Land has received a grant from Serum, which will significantly aid its accelerated development. Serum will also be directly integrated into DeFi Land to provide the best possible user experience.
DeFi Land has also secured a $4.1M grant from Animoca Brands, Alameda Research, Jump Capital, NGC Ventures, Solana Foundation, Gate.io, and several other funds such as C98, Kyros Ventures, MXC, etc.
DFL Token
DFL Token serves as the primary currency for transactions within the game. It can be used for protocol adjustments, rewards, and staking.
Technical Information
- Token Name: DeFi Land
- Ticker: DFL
- Blockchain: Solana
- Decimals: 18
- Standard: SPL
- Contract: DFL1zNkaGPWm1BqAVqRjCZvHmwTFrEaJtbzJWgseoNJh
- Token type: Utility
- Total Supply: 1,000,000,000,000,000 DFL
Token Utility
DFL token is used for:
- Governance: Owning tokens allows participation in voting and governance plans within DeFi Land.
- Staking for rewards: Players use DFL to sow seeds and receive rewards.
- Purchasing goods, items in the game: Use DFL to buy NFT assets, making it easier to customize land plots.
- Competing: Participate in DeFi Land to access various tournaments and receive deserved rewards upon winning.
DFL Allocation
- In-Game Rewards: 37%
- Team: 19%
- Ecosystem: 14.9%
- Seed: 9.9%
- Private: 5%
- Liquidity Mining: 4.7%
- Advisor: 3%
- Community Incentives: 2.5%
- Marketing: 2.1%
- Public: 0.5%
Conclusion
DeFi Land is created to optimize features, enabling participants to better understand DeFi platforms and utilize decentralized financial services to seek profits.
Gamefinity will continue to compile the latest news related to Defi Land in future articles. We hope this article provides valuable information for you.
