CYCLOPS FINANCE-Island of Sicily (DeFi Yield Farming Project).

 


Introduction

Cyclops Finance-A DeFI  project that evolved out of the typical

DeFI yield farming project but with a different direction.

It adopts the greek mythology on Cyclopes,bicause it is cool and makes our dapp unique and a must-use.  

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About Cyclops Finance?

Cyclops Finance is developing a one of a king farming project that is setructured into an adventure ( game). Users of our dapps will be able to complete different tasks and in turn get rewarded for doing so.

Completion of tasks are categorized based on the preference of a user. That is a user can choose to play it in ordinary mode or in express.

When user completes a level, he/she gets rewarded and his /her stake unlocked.

If such a user fails,he/she gets penalized or fined, not in tokens or any other form of payments but by an increase in lockup time. Such a user can pay a bailout fee that brings them back to their current level, else they get kicked back to a previous level.

Cyclops game (AKA Cyclops Finance) is a hybrid yield farming/NFT project that evolved from the typical yield farming projects. It is an NFT farming project that is developed into a gaming/puzzle dapp.

It also a gaming platform that allow conventional games to easily integrate with the blockchain and monetize their game assets.

How does it work?

It combines the concept of DeFi yield farming and NFT into fun games and puzzles. The games are developed such that each level is a treasure hunt adventure with actual treasures at the end of it. These treasures are the long-lost treasures of the cyclops brothers and can be claimed by players who succeed in completing such a level.

But do you dare to enter the cyclops brothers’ caves where the treasures lie in ruin?

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Yes you raised valid points sir and you are also right, we need to get the platform up and running first and until then any evaluation of CYTR is mere speculations. One thing for sure is that we are working hard with developments.

We are not only developing a game or games on the blockchain but also an ecosystem that would allow game developers deploy their games.

And to address the last point you raised, In addition to other features that would be integrated, our platform would integrate mainly treasure-hunt games such that every level would have a reward pool, as such, players are playing for a portion of the said reward pool.

And in other to reach a larger audience, Cyclops game platform would both be web-based and mobile apps.

To touch briefly on the value of CYTR, here are some:

  • Rewards are distributed to Holders/stakers of CYTR.
  • Game assets (NFTs) can only be purchased using CYTR.
  • Holders of CYTR will be able to vote on the integration of assets/games and will be able to vote on developmental goals of the platform.
  • Treasure ruins at each level are valued in CYTR which are locked up in each level.

The platform is a decentralized platform, as such, anyone can purchase and own game assets, these assets include NFT game characters, NFT game weapons, NFT pets/creatures, NFT passages/gatekeeper/locks and much more.

As all these assets are integral in the way the games operate, all are used at some point to complete steps while playing any level, asset owners get rewards when their assets are used.

Owners of assets can sell or barter such asset, and anyone can create their own custom game dependent asset which is subject to approval.

The native token of Cyclops game is CYTR, its value proposition are as follows:

Game assets can only be purchased using CYTR and ETH. Purchases using CYTR are discounted. When ETH is used, 50% of the ETH is converted to CYTR

When players skip levels, use special game characters, or unlock special characters, they can do so by paying a fee in CYTR. It should be noted that options are available that do not require making a payment.

Gamers are required to hold certain amount of CYTR to unlock higher levels.

When a custom character or asset is approved to be created, owner of the character make payment for the character/asset to be integrated into the game and the payment is made in CYTR.

Holders of CYTR will be able to vote on the integration of assets and will be able to vote on developmental goals of the platform.

Treasure ruins at each level are valued in CYTR which are locked up in each level.

So many other use-cases. But from what has been stated here, the whole operation of the platform is dependent on the assets and CYTR.

It is a gaming platform that is built on the Ethereum blockchain with native token with the following information:

Roadmap

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For more information on this project see the link below:

Official Links


AUTHOR

Bitcointalk Username: jamaah45

Telegram Username: @jamaah

Bitcointalk url: https://bitcointalk.org/index.php?action=profile;u=2502762

Wallet address (eth): 0x7A5df2D8D32b8f8e4FC6BF71D2BDfe69992D1C1B

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