PancakeSwap launched the play-to-earn sport “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 underneath the automated market maker (AMM) mannequin, introduced the launch of the play-to-earn (P2E) sport “Pancake Protectors”, powered by GameFi Mobos’ PvP protocol.
Pancake Protectors relies on the subgenre of technique video games generally known as Tower Protection (TD), the place gamers’ fundamental goal is to guard territories or possessions by strategically inserting defensive constructions on the assigned map.
Pancake Protectors Guarantees to Be a Completely different P2E Recreation
In response to 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 amass NFT characters with extra advantages reminiscent of elevated tradability and superior attributes, in addition to enhancing their heroes’ skills and different a number of features.
Moreover, customers will be capable to unlock quite a few ranges, Battle Move, and Privilege Card by utilizing CAKE, in addition to buy in-game forex and present packages. Equally, they are going to be capable to stake CAKE to acquire extra sources.
Relating to rewards, Pancake Protectors will supply unique prizes of as much as 10,000 CAKE throughout the first season. The rewards will likely 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.
Subsequently, the upper your rating place, the extra alternatives you must win as much as $1,700 per season, assuming the worth of CAKE stays at $1.7.
CAKE Worth 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 worth skilled a slight pullback and is at the moment buying and selling at $1,715.
It’s price mentioning that CAKE has been some of the affected tokens throughout 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 inconceivable to say whether or not it can turn into the subsequent 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 lovers, the play-to-earn possibility provided by Pancake Protectors may be very interesting. In any case, who wouldn’t need to obtain cash whereas having enjoyable?