PokeDAO — a decentralized autonomous organization (DAO) that brings together the best of three worlds: DeFi + Pokémon + NFT. This allows users to earn BNB passively by placing BNB bets.
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Description of the coin defi POKEDAO project
PokeDAO is a harmonious blend of cryptocurrency and game theory. Delivering high returns to DeFi users on the Binance chain gives an edge to farmers who learn the mechanics of the game and optimize their strategy accordingly.
Both are non-inflationary cryptocurrencies, designed to execute profit-making strategies autonomously with a fully decentralized approach. Users, who participated in the pre-sale, received both tokens and the game began from there. They could choose a side or they could insure themselves by playing both sides. Presale participants have received 50% CHAR and 50% SQRT. All rewards in $ CHAR and $ SQRT will be distributed evenly for each block during the 10-day tournament. Users can wager $ BNB on $ CHAR or $ SQRT farm + they receive additional BNB rewards.
Rewards will be distributed in the same way as the 2% commission:
| 50% | In CHAR / SQRT awards. |
| 20% | BNB Awards. |
| 25% | To the treasury (used to redeem a winning token). |
| 5% | To the treasury (used to redeem a winning token). |
Users will be able to mint $ SQRT by burning $ CHAR, and vice versa, this creates interesting arbitrage opportunities between them during price fluctuations, allowing users to benefit from one token by burning another. An example of a theoretical scenario: both $ CHAR and $ SQRT start at $ 100, the user has $ 1 CHAR and $ 1 SQRT. If the $ CHAR value increases to $ 120, the user can choose to burn their $ SQRT (worth $ 100) until “minted” $ 1 CHAR (worth $ 120).
What else should you know?
There is no WhitePaper document on the site. Instead, there is an introductory article on Medium. Thus, each user can study the features of the project.
Social networks are actively pursuing:
- telegram;
- twitter;
- github.
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