Decentralized Exchange Pancake Swap Launches First Token Powered Game

Let the CAKE video games start!

Pancake Protectors, an immersive tower protection recreation, has been launched by the decentralized cryptocurrency trade (DEX) Pancake Swap. 

The beta model emerged final week, however at the moment marks the official launch on Mobox, a participant versus participant (PvP) Gamefi platform on Binance chain.

In accordance to the DEX’s official weblog, at the moment’s massive information is the combination of the platform’s native token, CAKE. Pancake Protectors will permit gamers to earn the asset whereas enjoying. 

There are an a variety of benefits and utilities gamers will be capable of entry when utilizing CAKE in Pancake Protectors: claiming recreation heroes, recharging sure in-game sources, unlocking new ranges that may in flip ship additional rewards, and staking the token to earn extra in-game belongings.

Pancake Swap permits for cryptocurrencies to be traded with out a centralized authority, permitting for self-custody always. It runs on Binance’s Sensible Chain, though it additionally permits for interoperability with belongings on different chains.

Pseudonymous head chef of Pancake Swap, Mochi, did make clear on Twitter that this recreation shouldn’t be play-to-earn, because of the platform avoiding using inflationary fashions to drive the sport’s progress. 

We’re “proud to collaborate with Mobox to ship a enjoyable and distinctive recreation expertise.” Mochi tweeted, noting that the combination and subsequent launch of Pancake Protectors is “experimental.” He added that they are going to be intently watching the neighborhood’s response to see if video games are a very good match. 

The platform was within the information earlier this month because of their newest improve, Pancake Swap Version3, which promised extra aggressive buying and selling charges and improved liquidity provisions, in keeping with a press launch. 

A DEX launching its personal tower protection recreation could also be surprising, however it’s bringing a brand new aspect of Web3 to the massive swaths of customers which might be already utilizing Pancake Swap.