GameFi Protocol Products
2.1 GSwap
GSwap is one of the core functions. Stake, trading, Farming (liquidity mining), and launchpools (free launch of the new GameFi project) can be performed in GSwap.
2.1.1 Stake
GSwap Stake is the easiest way to earn tokens on GameFi Protocol.
In GSwap, you can get GFI tokens rewards for free through stake GFI or Forth.
Stake | Earn | Note | |
GameFi Protocol Token | |||
Auto Pool | GFI | GFI | Automatic simple/compound interest |
Manual Pool | GFI | Simple interest | |
Forth | Simple interest |
Manual GFI Pool | Auto GFI Pool | |
Differences | 1. You need to manually harvest GFI and reinvest GFI, so you will bear transaction costs; 2. The income is presented in APR (APY), excluding compound interest; 3. After obtaining GFI for free, you can withdraw and deposit it into your wallet; | 1. Automatically harvest GFI and reinvest GFI, only bear a small transaction fee 2. The income is presented in APR (APY), including compound interest; 3. Every time GFI automatically compound interest, a small management fee will be deducted from the income 4. If you unstaking within 3 days after staking, an unstaking fee will be charged. 5. After obtaining GFI for free, there is no need to withdraw and deposit it into the wallet; |
Fees | 1. Management fee: 2% will be automatically deducted every time GFI is produced; for example, if 100 GFI is produced, 2 GFI will be deducted automatically; |
2.1.2 trading
On GSwap trading, users can use their own wallets to directly conduct multi-currency transactions without trusting a credit intermediary.
2.1.3 Farming
Users can add different token trading pairs into the liquidity pool (LP) and stake the liquidity pool (LP) in farming. Farming's income includes transaction fee rewards obtained by providing liquidity and GFI rewards obtained by stake LP in farming..
2.1.4 Launchpools
Launchpools is a completely free GameFi project online platform, and in most cases can also be regarded as a high-risk/high-yield project online platform. On Launchpools, users can get GameFi project tokens for free through Stake GFI or Forth.
2.2 GMiner
2.2.1 What's GMiner
GMiner is a very important part of the GameFi Protocol.
Users can invest GFI, Forth, ETH, USDT or other tokens in GMiner to different pools to obtain GFI and Game/DeFi tokens. GMiner will invest the tokens invested by users into Game/DeFi assets that can generate revenue, and GMiner will continue to distribute revenue to users through GFI tokens and Game/DeFi tokens.
GMiner | Invest | GameFi Protocol Token | Game/DeFi Token | Note |
Game Pool | ETH | GFI | Game Token | Simple Interest |
USDT | ||||
Forth | ||||
Mix Pool | ETH | GFI | Game/DeFi Token | Simple Interest |
USDT | ||||
Forth |
GMiner adopts a phased issuance method, releasing a certain amount of ETH/USDT/Forth each time. All ETH/USDT/Forth issued in a single issue will form a separate Game Pool or Mix Pool, and the ETH/USDT/Forth invested by users and user income will be calculated separately, and users will receive GFI and Game/DeFi tokens.
2.2.2 GMiner's dynamic adjustment mechanism for underlying assets
As mentioned above, different pools in GMiner correspond to different Game/DeFi assets, and different Game/DeFi assets correspond to different risks, earning, stages and other factors. GameFi Protocol will comprehensively and prudently evaluate the bottom layer of GMiner The allocation ratio of assets is dynamically adjusted. The entire evaluation and adjustment mechanism is open and fair, with the participation and supervision of GFP-DAO.
2.2.3 The next stage of GMiner-Standardized hashrate (ST)
In the next phase of the project, we will map the assets of Game Pool and Mix Pool in GMiner in the form of standardized hashrate (ST). Correspondingly, the asset Tokenize of Game Pool is GPST, and the asset Tokenize of Mix Pool is MPST.
Users can use GFI, Forth, ETH, USDT and other tokens to buy minted GPST or MPST in GMiner, or buy GPST or MPST in GSWAP.
After the purchase is completed, users need to Stake GPST or MPST in the corresponding pool of GMiner. GMiner invests all Stake assets into Game/DeFi assets that can generate revenue. GMiner continuously distributes to users through GFI tokens and Game/DeFi tokens. income. Users can also UnStake at any time and sell GPST or MPST after UnStake in GSWAP or other DEX.
Therefore, the prices of GPST and MPST will be completely determined by the market.
2.2.4 GMiner Game Guild Team Battle
GMiner will regularly / irregularly carry out game guild team battles. Through team battles, it can continue to motivate and improve the overall level and collaboration capabilities of the GameFi game guild, and can significantly improve community interaction, activity and stickiness.
Excellent GameFi game guilds will receive rewards such as GFI, Ampl, Forth, and more opportunities for cooperation with GMiner.
2.3 Game List (Initial GameFi Offering)
The GameFi project approved by GFP-DAO (Decentralized Self-Regulatory Organization) can be used for IGO-first GameFi release in the Game List of the GameFi Protocol. Through the GameFi project of IGO, you will enter GSwap and GMiner.
The GameFi project party needs to pay a certain IGO fee, and 80% of the IGO fee goes into the repurchase fund pool.
2.4 Lottery/Grab bag
GameFi Protocol will increase user interest, as long as you have GFI or Forth to participate in Lottery/Grab bag.
2.4.1 Details
Price per grab bag | Around 5 dollars，paid in GFI or Forth |
Grab bag entry restrictions for individual users | There is no limit, but only 100 Lottery/Grab bags can be purchased at a time. |
Rules | Each user who purchases the Lottery/Grab bag will get a random 6-digit combination, each number between 0-9, such as "3-1-5-5-4-8". The more matching numbers, the greater the bonus. |
Random number generation method | Use Chainlink's VRF implementation to achieve real and safe randomness. |
2.4.2 Lottery/Grab bag price and bulk purchase discounts
The price is determined at the beginning of a new round of Lottery/Grab bag, with a target of $5 (may be affected by market fluctuations).
There will be discounts for multiple purchases at once. For example, if you buy 100 at a time, the discount rate can be increased to 5.00%
Quantity of Lottery/Grab bag | Discount |
X＜5 | 0% |
5≤X＜10 | 1% |
10≤X＜20 | 2% |
20≤X＜50 | 3% |
50≤X＜100 | 4% |
100=X | 5% |
2.4.3 Qualifications and assignment
There are a total of six balls on each Lottery/Grab bag from 0 to 9. Starting from the left of the six balls, your numbers need to be in the same order as the draw numbers to win the prize.
Qualifications and assignment
Qualifications | Ratio | Amount allocated for a single winning Lottery/Grab bag | |
L1 | The 1 number from left to right | 1% | Grab bag Bonus Pool Amount×1%/L1 Number of Winning Grab bag |
L2 | The 1, 2 numbers from left to right | 3% | Grab bag Bonus Pool Amount×1%/L2 Number of Winning Grab bag |
L3 | The 1, 2, 3 numbers from left to right | 6% | Grab bag Bonus Pool Amount×1%/L3 Number of Winning Grab bag |
L4 | The 1, 2, 3, 4 numbers from left to right | 10% | Grab bag Bonus Pool Amount×1%/L4 Number of Winning Grab bag |
L5 | The 1, 2, 3, 4, 5 numbers from left to right | 20% | Grab bag Bonus Pool Amount×1%/L5 Number of Winning Grab bag |
L6 | All the 6 numbers | 40% | Grab bag Bonus Pool Amount×1%/L6 Number of Winning Grab bag |
—— | Total awards | 80% | |
—— | Repurchase and burn GFI | 20% |
2.5 Statistics
The statistics of GameFi Pool can be viewed at any time.
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