Sick of yield farming? Your liquidity could save Earth from the Daleks
The decentralized finance craze has provided endless opportunities for token holders to farm yield through staking their assets in a wide variety of liquidity pools.
But for those who yearn for something a little more tangible than yet another “worthless” token in return for locking up theirs, Reality Gaming Group has another option.
The Doctor Who: World’s Apart and Reality Clash developer is offering a liquidity boost and rewards program featuring NFTs from its portfolio of games.
The scheme has launched alongside an RCC/ETH liquidity pool on Uniswap and offers rewards to those who stake a minimum of $200 worth of RCC tokens into the pool.
The rewards comprise of three elements: a percentage of the Uniwap fees, a 100,000 RCC per month drop distributed between pool participants, and exclusive NFTs worth hundreds of dollars.
The amount of NFTs that stakers can receive depends on the amount of time that liquidity is deposited in the pool.
Rewards will be randomly chosen from across all four of the games in the RGG stable, and over a six-month period may comprise five Doctor Who: Worlds Apart trading cards, along with ten or more from the other three games. These would be worth over $200 if bought in-game.
This means users could become the proud owner of an exclusive TARDIS trading card, helping to defend the Earth from the incoming Dalek invasion — or get a Reality Clash gun — in return for staking tokens in a liquidity pool.
RGG hopes that the addition of NFT rewards will encourage more participants to join the pool, and provide deep liquidity to those wishing to trade RCC. Co-founder Tony Pearce told Cointelegraph:
“The yield is good and comparable on its own but the NFT’s are an additional bonus to the RCC yield farming element. We are guaranteeing NFTs across all our portfolio of games including Doctor Who and these NFT’s could be worth a lot of money to traders. Because we now have four different games all with different NFT’s we feel that this is a unique reward scheme offering something exciting, new and different for liquidity providers.”
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