The Decentralized GAMEFI Reserve Protocol
Building a decentralized hard currency backed by an algorithmic smart treasury
a financial instrument that steadily compounds your cash flows every block.
Liquidity Accumulation
You can purchase SNAKE from the Treasury with Liquidity Provider tokens for a discount price. With this mechanism, liquidities are owned and managed by our Treasury.
Backed by Reserves
SNAKE is 1 : 1 backed by reserves from our Treasury. If the price < 1 BUSD, the Treasury will indefinitely buy back SNAKE in the open market.
Smart Treasury
Our Treasury's smart contract will stake the idle funds to audited protocols with the best APR to optimize the capital efficiency.
Steady Growth
Our stake contract will automatically compound your earnings to achieve the high APY. Also, Protocol Controlled Value (PCV) will grow with the capital inflows and LP fees of the Treasury.
SNAKE NFTs & GameFi Features
SNAKE EGG
You could deposit $2000+ worth of SNAKE-BUSD LP tokens to mint a NFT: SNAKE EGG.
SNAKE NFT
You could stake your SNAKE NFT and enjoy 3x of APY. You will be able to withdrawal your initial deposit, but you will lose your SNAKE NFT.
HATCHING
After 15 days, the SNAKE EGG will be hatched into a 1st Gen SNAKE NFT with random traits.
Gamefi and more
You could breed the 2nd Gen SNAKE NFT (cannot be staked); join PVP battles to earn $SNAKE or trade in the market.
