PancakeSwap launched the play-to-earn recreation “Pancake Protectors,” integrating their native token CAKE and providing rewards as much as 10,000 CAKE for top-ranked gamers.
On Might twenty ninth, PancakeSwap, the decentralized change (DEX) working beneath the automated market maker (AMM) mannequin, introduced the launch of the play-to-earn (P2E) recreation “Pancake Protectors”, powered by GameFi Mobos’ PvP protocol.
Pancake Protectors is predicated on the subgenre of technique video games often called Tower Protection (TD), the place gamers’ principal goal is to guard territories or possessions by strategically putting defensive constructions on the assigned map.
Pancake Protectors Guarantees to Be a Completely different P2E Sport
In line with PancakeSwap’s announcement, the change’s native token CAKE has already been built-in into the sport, permitting gamers to make use of them to accumulate NFT characters with further advantages resembling elevated tradability and superior attributes, in addition to enhancing their heroes’ skills and different a number of features.
Moreover, customers will have the ability to unlock quite a few ranges, Battle Go, and Privilege Card through the use of CAKE, in addition to buy in-game forex and reward packages. Equally, they may have the ability to stake CAKE to acquire further assets.
Relating to rewards, Pancake Protectors will provide unique prizes of as much as 10,000 CAKE through the first season. The rewards shall be distributed via a rating system among the many prime 1,000 gamers, with the first-place winner receiving 1,000 CAKE and people ranked between positions 801 and 1,000 receiving 0.1 CAKE.
Due to this fact, the upper your rating place, the extra alternatives it’s a must to win as much as $1,700 per season, assuming the value of CAKE stays at $1.7.
CAKE Value Elevated by 16% Following the Announcement of Pancake Protectors Launch
After the information of Pancake Protectors’ launch, CAKE rose by greater than 18%, going from $1.54 to $1.82. Nonetheless, the value skilled a slight pullback and is at the moment buying and selling at $1,715.
It’s value mentioning that CAKE has been some of the affected tokens through the crypto winter, because it has fallen by greater than 96% from its all-time excessive of $44.2 reached in April 2021.
Though Pancake Protectors provides gamers the chance to earn rewards whereas taking part in, it’s unattainable to say whether or not it should change into the following Axie Infinity or Plant vs. Undead, two of essentially the most well-known crypto video games within the ecosystem that managed to draw millions of players to the crypto market.
Nonetheless, for Tower Protection fanatics, the play-to-earn possibility supplied by Pancake Protectors might be very interesting. In any case, who wouldn’t need to obtain cash whereas having enjoyable?