Enable WOD/USDT (1% fee tier) V3 gauge on BNB Chain

Overview

This proposal seeks to activate the WOD/USDT (1.00% fee tier) V3 gauge on PancakeSwap, fostering strong liquidity for WOD while promoting ecosystem growth through incentivized trading and increased user participation.

Background

World of Dypians is a revolutionary MMORPG available on Epic Games, set in a connected virtual world, featuring advanced AI, stunning graphics, and immersive gameplay. It is a dynamic gaming ecosystem that merges DeFi, NFTs, Gaming, and AI into a single immersive experience.

Details

  1. Boost Multiplier and Emission Cap %: the default 1.00x boost multiplier and 0.5% emission cap

  2. Audits:

CertiK

Contract Audits

Token Utility:

WOD serves as a utility token with several key purposes:

  • In-Game Currency: The token is the primary currency within the game, allowing players to purchase virtual goods, upgrades, and other in-game items.

  • DeFi and Governance: Holders of the token can stake their tokens to earn rewards or participate in governance decisions, giving them a stake in the platform’s development and direction.

  • NFT Marketplace: The token is used to buy, sell, and trade NFTs within the platform’s marketplace, facilitating transactions and providing liquidity.

  • Platform Fees: Certain transactions on the platform may require the use of the token, such as trading NFTs or accessing premium features, generating demand for the token.

  • Rewards and Incentives: The token is used to reward players for achievements, participation in events, or other actions that benefit the ecosystem, encouraging engagement and loyalty.

  • Community Incentives: The token is used to fund community initiatives, events, or giveaways, rewarding and incentivizing community participation and growth.

The major drivers of demand for the token include:

  • Gaming Demand: The token’s utility within the game drives demand as players seek to enhance their gaming experience through purchases and transactions.

  • DeFi and Governance: Holders of the token are incentivized to stake their tokens to earn rewards or participate in governance, creating a demand for the token.

  • NFT Marketplace: The token’s use in buying, selling, and trading NFTs within the marketplace generates demand as users engage in NFT transactions.

  • Platform Growth: As the platform grows and attracts more users, the demand for the token increases due to its utility and role within the ecosystem.

  • Partnerships and Integrations: Partnerships and integrations with other platforms and projects can increase the token’s utility and demand as it becomes more widely accepted and used.

Volatility: WOD is a token with normal volatility.

Oracles: No Oracle is used by World of Dypians.

Merit:

World of Dypians seeks to bolster the liquidity of its governance token, WOD, to improve accessibility, drive demand, and facilitate more efficient token swaps. This initiative also offers WOD holders opportunities to earn yield on their holdings.

This proposal benefits PancakeSwap by increasing liquidity and trading activity with the addition of the WOD/USDT pair on the BNB Chain. It will attract participants from the WOD ecosystem, enhance visibility through collaborative marketing efforts with the World of Dypians community, and expand trading options on the platform.

World of Dypians intends to bribe $1000 at the start of each epoch.

Links

Token address

Liquidity pool address

Website

Socials:

X

Telegram

Discord

YouTube

Medium

LinkedIn

Documentation

Github

Thank you for your application! The Kitchen has enabled the WOD/USDT (1% fee tier) V3 gauges on BNB Chain with 1x boost multiplier and 0.5% emissions cap.