As per our previous article; we talked about the wonders of Gamefi. Players are offered endless possibilities in generating income from in-game activities and engaging them with many gaming benefits.
Some examples current in the market are platforms like Axie Infinity and MOBOX in which GeFi has successfully integrated the LP pools respectively. The response from the pools was tremendous and therefore, GeFi protocol is proud to announce an upcoming new LP pool and Single Asset Pool to be launched very soon!
What is MOBOX?
MOBOX is a NFT gaming ecosystem built on Binance Smart Chain. It combines yield farming in Defi with gaming NFTs, creating a free-to-play, play-to-earn gaming model. MOBOX is also working with established projects in the ecosystem to develop NFT interoperability across platforms and games. The platform has integrated NFTs from other projects, which can be used in MOBOX’s platform games. In addition, the team is developing cross-chain bridges for NFTs, which will allow users to move NFTs between BSC, ETH, and TRON. Due to the overwhelming attraction from MOBOX, GeFi will definitely not let this potential pool slip away.
The GeFi protocol will be introducing the MBOX-BNB LP Pool on 17 September 2021, UTC 1200. We welcome all GeFions to stay tuned and get your MBOX ready as we launch this historical moment!
Apart from that, we will also be launching a new Single Asset Pool which is the GEG-BNB pool; which means that all GeFions can now stake GEG to earn BNB. This pool will also be launched on 17 September 2021, UTC 1200.
Just like other evolving cryptocurrencies, the Binance Coin (BNB) offers several uses that go beyond the Binance exchange, such as Trading, Transaction Fees, Payment Processing, Booking Travel Arrangements, Entertainment, Investments, Loans and so on. BNB also performs quarterly burns until it buys back and destroys 100 million Binance coins — 50% of the total supply. The practice ensures that the supply of BNB remains finite, making it scarce and more valuable.
GeFi is evolving rapidly as well as creating new opportunities by introducing new pools as it grows. Stay Tuned and GEG ready to GeFi your life with these upcoming pools!
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