Lucky Lion launches pool on Grazing Range in collaboration with Alpaca Finance
In the crypto area, a lot of things have changed throughout the years. The GameFi projects look to get more popular and become well-known these days.
Lucky Lion is an excellent example of this type of platform. It distinguishes itself from competitors by allowing gamers to earn tokens on their decentralized yield farm and adding GameFi into their service. However, they bring some positive news for their users.
They recently announced a significant collaboration with Alpaca Finance on the Grazing Range, where individuals will be able to graze and stake ibALPACA to earn incentives. The partnership will begin on October 14th at 10 a.m. GMT.
Collaboration with Alpaca Finance
The collaboration will bring incentives to their users as they will be able to graze in the Lucky Lion pool.
Individuals will choose which token rewards they want to graze on and stake ibALPACA to collect them through the Grazing Range. Aside from that, if users decide to stake a least 500/5,000/50,000 ibALPACA in a pool from start to finish, they will be eligible for a unique ALPACA NFT.
Currently, the Grazing Range has 21 pools to pick from, but users will soon be able to select Lucky Lion.
Furthermore, Alpaca Finance is a platform that provides leveraged yield farming and is one of the key lending protocols on BSC. They provide lenders with safe and consistent returns. And the borrowers provide undercollateralized loans for leveraged yield farming positions. By doing so, it will boost their farming principles, resulting in profits.
To have a better perspective, Lucky Lion is a decentralized yield farm and an excellent choice in terms of fair gaming protocol based on BSC. As a platform, they want to be the first community-led GameFi, allowing users to earn up to 9% revenue share of the burgeoning iGaming market, which they expect to reach $127.3 billion by 2027, with a compound rate of 11.5%.
To keep all of their consumers satisfied, they have presented a fair launch project with no presale and no investor. Behind the scenes, the project is led by a veteran team of Blockchain, FinTech, and iGaming pioneers scattered over three continents.
Aside from that, when it comes to security, they take everything seriously. To audit their smart contracts, they contracted many security firms, including Certik, Peckshield, TechRate, and Inspex.
Furthermore, they have completed a Bug Bounty Program with Immunefi, which prevents stealing, modification, and freezing any amount.
When it comes to its tokens, the Lucky Lion platform has a well-structured ecosystem. They have a total of 100 million $LUCKY. Their token will be used for farming, revenue sharing, iGaming, payment, and in the future, they will be used to deposit as credit in the games.
The ecosystem alludes to the initial liquidity for partnerships, referral programs, play to earn, and the iGaming Prize Fund when it comes to the ecosystem. Aside from that, they will distribute their tokens for the fair launch, which will account for 66% of total capacity, the development fund 9%, warchest, 5%, and the ecosystem 20%.
When referring to the revenue-sharing pool, staking Lucky will allow users to earn a portion of the revenue generated by the iGaming platform in Lucky every weekend. The play-to-earn option will offer each user an additional 1% of the token, up to a maximum of $1,000. (turnover).
As a platform, Lucky Lion provides opportunities to individuals by bringing their innovations to market. Individuals have a multitude of possibilities for spending their tokens and a new way to earn a passive income.
There are numerous gaming alternatives available on their platform that individuals can benefit from, including quick video slots and various other options. Furthermore, they are already listed on CoinGecko and CoinMarketCap.
If you want to keep up with the Lucky Lion updates, be sure to follow them on social media platforms!
Disclaimer: This is a paid post and should not be treated as news/advice.