New York, United States, January 3rd, 2024, Chainwire

PawFury’s invites gaming enthusiasts to the forefront of play-to-earn innovation with its latest launch, $PawFactory. Users are invited to dive into a world where their gaming prowess and investment savvy are equally rewarded. PawFury’s live presale offers more than just a pass to gaming; it’s a portal opportunity to earn bonuses of up to 149%. This event allows enthusiasts to enhance their gaming journey while potentially increasing their rewards.

Introducing $PawFactory: A Blend of Earning Opportunities and Gaming Excitement

At the core of PawFury‘s offerings is $PawFactory, a platform enabling users to:

• Stake $PAW Tokens: Offers a chance for token holders to engage in staking activities.
• Bonus Stage Rounds: Providing engaging new game levels with enhanced rewards.
• Referral Bonuses: Encouraging network expansion and community-driven bonuses.
• In-Game Rewards & NFTs: Offering opportunities for trading, staking, and potential earning in a vibrant digital landscape.

Presale Opportunity: Early Access, Potential Rewards

The presale period offers significant price discounts and bonuses, encouraging early participation for maximum potential returns in a growing play-to-earn domain.

About PawFury

PawFury is revolutionizing the play-to-earn sector by creating a rewarding platform for both gamers and investors. It’s more than just a game; it’s an evolving ecosystem of rewards and opportunities. PawFury is committed to being a dynamic part of the gaming evolution.

Contact

Head Of Marketing
Jessica Andersson
PawFury
info@pawfury.com

Hong Kong, China, December 30th, 2023, Chainwire

AssetClub, the world’s first Web3 digital asset investment game platform, announced the addition of BRC20 inscription token RATS as a payment token on December 29, 2023, as well as upcoming new application scenarios and game functions pivoting around RATS token, committed to leading 8 billion users around the world into a new era of digital assets together with the RATS community.

This initiative aims to build a more cohesive community user base through deep strategic collaboration with RATS, create more creative game experiences, empower the RATS community, provide a variety of application scenarios, and build a richer RATS ecosystem.

RATS community is an independent community established by those who agree on RATS’s value, which takes Ridiculous, Against, Trend and Safety as the core of community spirit to jointly promote the development of RATS inscriptions. The AssetClub team chose the RATS token, the representative of BRC-20’s fair launch mechanism, in this wave of inscription craze. Through a deep understanding of the RATS community’s vibrant culture, AssetClub is committed to making Web3 easier and fairer for ordinary people. This choice is not only a recognition of the RATS community core, but it will also become an important support for the AssetClub project, providing users with a digital asset experience that is safe and close to everyday life. 

According to the head of AssetClub, the shared vision of AssetClub and RATS is rooted in the belief that users worldwide can enjoy a more enriching experience in the digital asset realm. 

RATS’ vision is to bring RATS to 8 billion people’s wallets around the world, while AssetClub’s vision is to bring 8 billion people around the world ahead of the digital asset era. This shared value is not only a recognition of the alignment of vision, but also an act of confidence in opening a new chapter in the world of digital assets.

AssetClub plans to launch a prototype RAT RACE, where players can earn RATS tokens through a series of gameplay scenarios. In the game, RATS pets will be introduced as game equipment and support trading, while supporting RATS mining activities to reward rich RATS token, which can be withdrawn to on-chain wallets. In-game equipment trading supports the use of RATS as gas fees, and RATS token can be pledged to obtain special NFT and characters. At the same time, it fully supports the top-up of RATS token and will cooperate with the development of new city maps and other functions according to the RATS community’s global expansion plan, creating more dynamic digital asset experiences for players.

By integrating RATS into the core of the game, AssetClub has created a more vivid digital asset experience for users, combining the real and the virtual, enabling players to participate more deeply in this new digital era, not only injecting new vitality into the application scenarios of the RATS community, but also bringing more new participants to the RATS community.

In response to this initiative, the relevant person in charge of AssetClub stressed that AssetClub’s warm embrace of BRC20 and RATS is not only a cooperation, but also a commitment to provide users with a richer digital asset experience. On the road to WEB3, AssetClub will lead 8 billion users around the world to appreciate the style of the era of digital assets under the banner of innovation, fairness and fun. With the implementation of this strategy, AssetClub ushered in a new chapter in the era of digital assets, providing users around the world with an easier and more secure WEB3 gaming experience, and becoming a leader in the era of digital assets.

About RATS Token

RATS is a token created on the Bitcoin blockchain using the BRC-20 protocol, and the RATS community is an autonomous community established by the RATS inscription consensus to jointly advance the development of the RATS ecosystem.

About AssetClub

AssetClub is committed to creating a global platform that integrates digital asset investment and gaming to provide users with a fairer and more interesting WEB3 experience, so that 8 billion users around the world can experience the wonderful digital assets in advance.

Website｜Twitter｜Discord

iOS App Store：https://apps.apple.com/us/app/assetclub/id6463852201

Google Play：https://play.google.com/store/apps/details?id=io.assetclub.assetclubapp

Contact

Bender
ASSETCLUB
bender@assetclub.io

Cheltenham, Australia, December 29th, 2023, Chainwire

DRIFT, the studio and accompanying token behind the Web3 game Payout Pursuit, sold out in the first round of the presale in just two hours.

The new project, created by a veteran and fully doxxed team, has announced that the second presale round will take place on January 3rd, at 12pm EST (5pm UTC). 

The team behind DRIFT has implemented a unique tokenomic structure around the project, in which the success of the game benefits the studio token and vice versa, but sell pressure is reduced through two-way insulation between the game and the studio.

The team’s experience in Web3 gaming and NFT publishing has lent them unique insights into which tokenomic models work, and which don’t. Given their track record and deep understanding of the wider crypto landscape, the team behind DRIFT was always focused on developing a project attractive to Web3 gamers and non-gamers. 

Following the success of DRIFT’s first presale round, the core team and developers are working on plans to scale, while remaining committed to their grassroots, organic approach to partnerships and community-building.

According to DRIFT’s CEO, Josh Chand: “The community really resonated with the idea of a studio token, rather than an in-game token, as well as a cross-chain gaming experience. The real benefit of this tokenomic model is that gamers and non-gamers can all participate in the studio’s endeavors.”

The team behind DRIFT also operates Influ3nce and its Amba$$ador program. This initiative enables Key Opinion Leaders in the Web3 space to financially benefit by actively involving their followers and communities in projects they endorse.

Many investors in the presale participated in the Ambassador program, which operates on a revenue-share basis to reward members of the community that support the project directly.

Community engagement remains a key plank for the DRIFT project. However, according to Chand, quality is the most important factor in the success of any project. He emphasizes: “We’ve had some early success, but we’re not resting on our laurels. We understand that communities are built around quality projects—in the end, quality really counts.”

The second round of the presale kicks off on January 3rd, 12pm EST (5pm UTC).

About DRIFT

DRIFT is the studio token behind the Drift studio. Drift is a Web3 game studio, which already has a ready-to-play Beta version of its game, Payout Pursuit. 

The DRIFT token has utility for gamers and non-gamers. Gamers who hold DRIFT will be able to customize their gaming experience with NFT skins and other features. Non-gamers who stake DRIFT receive a percentage of game revenue, and the token also receives Liquidity from a percentage of game revenue. 

The Drift project has been developed by a highly experienced, fully doxxed Web3 team, with multiple successes in the Web3 space.

For more information: Official Website | Payout Pursuit | Influ3nce | Amba$$ador | Twitter | Telegram

Contact

Head of Marketing
Paul de Havilland
DRIFT
paul.dehavilland@drifttoken.io

DeFi, Crypto World, December 23rd, 2023, Chainwire

Where decentralized perpetual trades are more transparent and easy to use, in an ecosystem full of exciting features

Picture a world where the traditional rules of the game don’t bind cryptocurrency trading. This is where perpetual decentralized exchanges (PDEXs) come into play, a relatively new kid on the block in the grand scheme of DeFi. The market is constantly changing, and perpetual DEXs have been a game-changer, growing their market cap beyond $2 billion. But it’s not been a walk in the park.

Despite their innovative approach, these platforms have been nudging for space in a market heavily dominated by CEXs. It’s like David versus Goliath – with perpetual DEXs holding around 3% of the total trading volume, they’ve got their work cut out for them.

The challenge isn’t just about size; it’s about technology too. Building a sandcastle with a teaspoon is difficult – that’s how perpetual DEXs have sometimes felt with their on-chain order books facing off against the sleeker, more streamlined CEXs. But every David has his slingshot. For perpetual DEXs, it’s the untapped potential in a market craving innovation and decentralization.

There is where Swych PDEX struts onto the stage. In a world where GMX and dYdX have been making waves, Swych PDEX isn’t just following the trend; it’s aiming to set a new one. Think of it as a blend of ambition and technology, gearing up to ride the wave of how leveraged trading should be. It’s not just about joining the race; it’s about redefining it.

In the end, it’s about changing the game – and Swych is here to play.

Introducing Swych PDEX

Swych’s perpetual DEX focuses on risk management and innovative mechanics, tailored for both beginners and expert traders.

Image from Swych PDEX

Key Insights:

• Clean interface and is user-friendly.
• Fully integrated TradingView chart.
• Tradable assets include BTC, ETH, and BNB.
• Ability to set take profit and/or stop loss when entering a trade.
• Ability to set take profit and/or stop loss after entering a trade.
• Ability to add/remove collateral while in a trade.
• Full position, order, and trade history details.
• Mobile access.
• Paper Trading mode with live pricing data.
• Market and Limit orders.
• PnL is the Net PnL, so what you see is what you get.

Clean Interface and User-Friendly

Swych PDEX is designed with simplicity at its core, ensuring a smooth and intuitive trading experience. This user-friendly approach lowers the barrier to entry for new traders and streamlines the process for experienced users, making the platform accessible to a broad audience.

Fully Integrated TradingView Chart

The platform features a fully integrated TradingView chart, offering comprehensive tools for market analysis. This customization enables traders to tailor their analytical approach, adapting the chart to fit their trading styles and preferences.

Tradable Assets

Swych PDEX will initially support BTC, ETH, and BNB, offering a diverse range of trading options. This variety caters to different investment strategies and preferences, with plans to expand the asset list further in the future.

Setting Take Profit and Stop Loss

Traders are allowed to set take profit (TP) and stop loss (SL) orders both at the time of entering a trade and after the trade is already open. This flexibility in managing trades is important for effective risk management and strategy implementation.

Dynamic Collateral Management

Traders can add or remove collateral while trade is active, providing enhanced control over their trading positions and risk exposure.

Comprehensive Trading Information

Swych PDEX provides detailed information on positions, orders, and trade history. This transparent environment is to make informed decisions, review trading strategies, and track market performance accordingly.

Mobile Compatibility

Recognizing the need for trading on the go, Swych PDEX offers a mobile-friendly interface. This feature ensures that users can manage their trades and stay connected to the market anytime.

Paper Trading Platform

The paper trading feature with live pricing data is ideal for practice and strategy development, especially for new traders or simply those who wish to test the waters. It allows traders to simulate real-market trading without financial risk, making it an invaluable tool for learning and experimentation.

Order Types

Supporting both market and limit orders, the platform accommodates a variety of trading strategies. This flexibility allows traders to execute trades based on their market expectations and risk appetite.

Transparent PnL Reporting

The platform shows PnL as Net PnL, providing a clear and honest view of a trade’s outcome, after accounting for any fees. Traders can see the actual fees before opening a trade and see the fees while the trade is open. Gross PnL is shown as well.

Understanding Fees and Real Yield

Swych PDEX operates on a real yield fee system, designed to sustain the platform while rewarding its users. This system not only ensures the smooth operation of the exchange but also contributes to the generation of real yield for the investors. Here’s a breakdown of the fee structure and how it ties into the concept of real yield.

Exchange Fees Explained

The fee structure of Swych PDEX is carefully adjusted to balance the need for operational sustainability to reward its users. It’s a model that reflects the platform’s commitment to creating a mutually beneficial ecosystem for all its stakeholders.

• Position Fee: Swych PDEX charges a 0.1% fee for perpetual trading. This fee is applied to each trade.
• Liquidation Fee: A nominal charge of $5 is levied as a liquidation fee. This fee is incurred when a position is liquidated, which usually happens when the market moves against a leveraged position beyond a certain threshold.
• Dynamic Borrowing Fee: This fee is calculated as (assets borrowed) / (total assets in the pool) * 0.01%, with a cap of 0.01% per hour at full pool utilization. This fee structure is for managing the liquidity and risk associated with leveraged trading.

• Execution Fees: Swych PDEX maintains minimal execution fees, set between 0.0025 as the minimum and maximum. These fees are essential for executing trades on the platform and are kept minimal to encourage trading activity.

The Concept of Real Yield

The real yield on Swych PDEX refers to the actual earnings users receive from the exchange, derived from the various trading fees collected. Unlike hypothetical or projected returns, real yield represents tangible income generated from platform activities. This yield is a crucial aspect of Swych PDEX’s business value proposition, as users not only engage in trading activities but also become beneficiaries of the platform’s success through real yield distribution.

Revenue Distribution

Swych PDEX implements a strategic fee revenue distribution system, ensuring operational sustainability while rewarding its community and investors. This approach reflects a commitment to balance operational needs with the benefits provided to platform users. Here’s an overview of how the fee revenue is allocated:

Allocation of Collected Fees

• Treasury: 5% of the fees are allocated to the protocol’s treasury. This is for the ongoing maintenance and development of the platform, ensuring its smooth operation and continuous improvement.
• Lottery: 10% of the collected fees are directed towards the lottery mechanism. This feature adds an element of excitement and additional earning potential for the platform’s users.
• Investors: Swych PDEX allocates 35% of the fees to its stakeholders. This distribution underlines the platform’s commitment to providing real yield and returns to those who invest in it.
• Liquidity: 50% of the fees are allocated back into the exchange itself. By reinvesting this portion into the platform’s liquidity, Swych PDEX ensures robust market health and ongoing liquidity provision. This is important for maintaining efficient market operations and enhancing the platform’s overall performance between trading pairs.

Focused on Balanced Growth

This distribution model is a cornerstone of Swych PDEX’s strategy to create a sustainable and thriving ecosystem. It balances the need to cover operational costs and invest in future development to provide tangible benefits to its community and stakeholders. Note that the percentage weights above may change and move more rewards towards stakeholders. As the platform continues to grow, this approach positions Swych PDEX as a forward-thinking player in DeFi, prioritizing both platform stability and user rewards.

Trading Incentive Program

Swych PDEX will soon introduce another initiative, designed to reward traders based on their trading volume. This volume-based promotion is a feature that incentivizes active trading on the platform, providing tangible rewards for traders who engage frequently in market activities. Here’s a closer look at how this program works:

Mechanics of the Volume-Based Promotion

• Incentive Structure: For every $25,000 in trading volume, the trader is rewarded with $10 in USDT. This reward system is designed to encourage higher trading activity, offering a direct monetary benefit to active users.
• Calculation of Trading Volume: The trading volume is determined by the formula: volume = collateral x leverage. This means the volume is calculated based on the amount of collateral a trader uses, multiplied by the leverage applied to their trades.

Example

Let’s consider an example to understand how this works in a practical scenario:

• Scenario: Ia trader decides to open a position in ETH. They use $1,000 of collateral and apply a leverage of 10x.
• Volume Calculation: In this case, the trading volume would be $1,000 (collateral) x 10 (leverage) = $10,000.
• Incentive Accrual: Since the trader has generated $10,000 in volume, they are partway to reaching the $25,000 threshold for the reward. Once their cumulative trading volume reaches $25,000, they would receive $10 in USDT. There is no cap as to how many times a user can qualify for the $10 reward.

This program is especially appealing to high-frequency traders or those who trade with significant volumes, as it offers an additional financial perk on top of potential trading profits. It’s an innovative approach that not only fosters increased trading activity on the platform but also adds an extra layer of reward for Swych PDEX users.

Extra Features

Swych PDEX is not just resting on its current offerings but is actively expanding its features to enhance user engagement and provide additional value. The introduction of NFTs and a focus on educational resources are steps in this direction.

Swych Academy and Educational Material

• How-to Guides: Additionally, Swych PDEX provides accessible how-to guides, available here. These guides offer step-by-step instructions on various platform features and trading methodologies, making it easier for users to navigate and utilize the platform effectively.
• Swych Academy: Aimed at beginners and experts alike, this is risk management 101 and it’s accessible here. The academy is specifically appealing for users to learn and study about trading at their own pace. It covers essential topics such as understanding candlestick charts, risk management, chart patterns, general trading information, and advanced trading techniques. This broad spectrum of content ensures that all users, regardless of their experience level, can find relevant and helpful information. It’s designed to empower traders with knowledge, enhancing their decision-making skills and trading acumen. 

NFT Integration: A New Way of Earning

Shortly, Swych PDEX plans to integrate NFTs into its ecosystem. These NFTs will not just be digital collectables but designed to offer practical utility within the platform.

The unique aspect of these NFTs is their ability to provide additional avenues for earning real yields. This feature will potentially open new earning opportunities for users, leveraging the popularity and innovative aspects of NFTs to enhance the overall trading experience on the platform.

This upcoming feature and all educational resources underscore Swych PDEX’s commitment to continuous improvement and user empowerment. The integration of NFTs and the focus on comprehensive education testify to the platform’s dedication to providing a holistic and enriched trading experience.

SWYCH Token: The Keystone of the Ecosystem

Swych has and will have a wide range of products like liquidity pools, the perpetual exchange we mentioned above, staking, and yield farming solutions, and all of these will be powered by the Swych token, $SWYCH. The token acts as the cornerstone, intertwining various elements, and unique functionalities in the ecosystem to provide a comprehensive experience for the user.

Utilities

• Liquidity Pools: Users will benefit from liquidity pools on Swych, where they can deposit funds and earn from the trading fees generated, receiving LP tokens as a stake in the pool.
• Phase Two: The next phase of the Swych Token will focus on enabling users to generate real yield without additional fees, through staking pools.
• Real Yield Staking: This feature will offer users the opportunity to earn real yield based on their staking positions.
• NFTs: An opportunity that will offer unique and utility-focused NFTs, for additional rewards and engagement opportunities within the ecosystem.
• Lottery, Launchpad, and More: An enhanced lottery system, an accessible, permissionless launchpad, and a focus on listing diverse tokens, ensuring the safety and interest of investors.
• Incubator Project and Gamification: Looking further ahead, Swych will introduce an incubator program to support new projects and integrate gamification elements into its ecosystem.

The above elements are the roadmap, which users can find in more detail in the gitbook. The SWYCH token ties together these diverse elements, providing a unified and streamlined DeFi experience for every user within Swych’s ecosystem. Its integration across different functions and features ensures that the ecosystem remains interconnected, offering users multiple ways to engage, invest, and earn rewards within the platform.

About Swych Finance

Swych PDEX presents a comprehensive and user-friendly platform for decentralized perpetual trading. With its intuitive easy-to-use interface, flexible trading options, and innovative features like the paper trading platform and real yield generation, Swych PDEX stands out as a versatile choice for both novice and experienced traders in DeFi. The integration of the SWYCH token further enhances the ecosystem, offering users a unified and rewarding trading experience.

Swytch invites users to explore the possibilities within Swych PDEX and join a growing community of savvy traders. Whether users are looking to dive into decentralized trading, participate in liquidity pools, or explore upcoming features like NFT integration, Swych PDEX offers a secure and dynamic platform to meet their trading needs.

Official Links

Main Website: https://swych.finance/

Swych PDEX: https://trade.swych.finance/#/trade

Documentation: https://docs.swych.finance/start-here/introduction

X: https://twitter.com/SwychFinance

Discord: https://discord.gg/swych

Contact

Swych Finance
Swych Finance
partner@swych.finance