Knights of Degen Completes Degen Seed Air Drop and Launches Pledge Function
According to reports, the NFT project Knights of Degen announced on social media that it has completed the Degen Seed air drop and launched the pledge function. All Knights of Dege
According to reports, the NFT project Knights of Degen announced on social media that it has completed the Degen Seed air drop and launched the pledge function. All Knights of Degen NFT holders have already been air dropped with Degen Seed, and can now use Degen Seed to pledge Knights&Steedz in the first stage of Pre Season. After 60 consecutive days of pledge delay, the Deeds will be “released”.
NFT project Knights of Degen completed Degen Deed air drop and launched pledge function
In recent news, the NFT project Knights of Degen announced on social media that it has completed the Degen Seed air drop and launched the pledge function. All Knights of Degen NFT holders have already been air dropped with Degen Seed, and can now use Degen Seed to pledge Knights&Steedz in the first stage of Pre Season. After 60 consecutive days of pledge delay, the Deeds will be “released”.
What is the Knights of Degen NFT project?
Knights of Degen is a blockchain-based NFT (non-fungible token) project that aims to transform the way digital assets are traded and managed by introducing a unique gaming experience. It is a medieval-themed RPG (role-playing game) that combines blockchain technology, NFTs, and DeFi (decentralized finance) to offer users an innovative and exciting gaming experience.
What is an air drop?
An air drop is a marketing strategy used by blockchain projects to distribute their tokens or coins to a large number of holders for free. The aim is to create buzz and attract more interest and potential investors to the project. Air drops may also serve as a way to reward loyal holders of a project’s NFTs.
What is Degen Seed?
Degen Seed is the native token of Knights of Degen. It is an ERC-20 token that serves as the governance token of the platform. Holders of Degen Seed are able to participate in protocol governance and decision-making processes, such as voting for proposals and improvements to the platform. Degen Seed can also be used to stake NFTs and earn rewards.
What is the pledge function?
The pledge function is a feature that allows NFT holders to stake their NFTs and earn rewards in the form of Degen Seed. This feature is similar to staking in DeFi protocols, where users lock their assets to gain rewards. In Knights of Degen, users can pledge their Knights&Steedz NFTs using Degen Seed and earn a percentage of the total rewards pool.
How does the Pre Season work?
The Pre Season is the first stage of the Knights of Degen game. During this stage, players can pledge their Knights&Steedz NFTs to earn rewards in Degen Seed. The Pre Season lasts for 60 consecutive days, during which players cannot withdraw their pledged NFTs. After the Pre Season is over, players can claim their rewards and release their pledged NFTs.
Conclusion
In conclusion, Knights of Degen is a promising NFT project that offers users an innovative and exciting gaming experience. The completion of the Degen Seed air drop and launch of the pledge function is a significant milestone for the project, as it will attract more interest and participation from potential investors and users. With the Pre Season now underway, players can start staking their NFTs and earning rewards in Degen Seed.
FAQs
**1. Can I participate in the Pre Season if I don’t own any Knights&Steedz NFTs?**
No, you need to own Knights&Steedz NFTs to participate in the Pre Season and use the pledge function.
**2. Can I withdraw my pledged NFTs during the Pre Season?**
No, once you pledge your NFTs, you cannot withdraw them until the Pre Season is over.
**3. What happens if I miss the Pre Season?**
You can still participate in the next stage of the game, as Knights of Degen will have multiple seasons with different rewards and features.
This article and pictures are from the Internet and do not represent qiAiAi's position. If you infringe, please contact us to delete:https://www.qiaiai.com/daily/14334.html
It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.
Related recommendations
-
Jefferies Contacts Potential Bidders for FTX Restart
On March 18th, a self-described FTX creditor (@ sunil) posted an article on social media stating that Jefferies, a well-known Wall Street investment bank, was contacting potential FTX bidders to restart FTX. According to its disclosure, FTX JP alone has more than 40 bidders, while FTX (international version) has more. The 9.7 million users and 1.4 million creditors of the FTX platform are the most valuable assets that bidders consider the platform to be. Zhu Su: “FTX 2.0 will revitalize capital and give those who are trapped in capital a second chance.” Analysis based on this information:On March 18th, a self-described FTX creditor, @sunil, posted an article on social media that Jefferies, a well-known Wall Street investment bank, was contacting potential FTX bidders to restart the platform. FTX, an international crypto trading platform, has been under receivership since December 2020 due to its inability to pay its outstanding debts. The platform has more than 9.7 million users and 1.4 million…
-
Alchemy Pay Launches Legal Currency Payment Solution on OKX: A Win-Win Deal!
On March 30, it was announced that the encrypted payment gateway Alchemy Pay announced on Twitter that it had reached a cooperation with OKX, and its legal currency payment solutio
-
Understanding the Arbitrum Airdrop and Its Implications
On March 23, the blockchain analysis company Nansen announced on social media that it had deployed the Arbitrum airdrop tag, such as \”Max ARB Airdrop Recipient\”. In the future, the
-
What is the situation of the consortium chain (What are the consortium chain platforms)?
What is the situation of the consortium chain? In the traditional financial ind
-
What is the impact of open coin withdrawal (what does open coin recharge mean)
What is the impact of the opening up of coin withdrawals? Recently, Bitcoin has experienced a sharp decline, rising from a peak of $10500 on June 17th to around $11900 on August 13th. Subsequently, after falling again to around 12000 USD in May, the upward trend resumed, with the currency price approaching 10000 USD as of the time of publication Does it have any impact on the opening up of currency withdrawals? Let’s first understand what open withdrawal is and how it is implemented. 1. What is open withdrawal? In short, users can freely choose whether to withdraw coins or not to limit the number of coins withdrawn (such as Ethereum) Why choose an open digital currency? Because most digital currencies are anonymously issued and circulated online and cannot be traced. Therefore, when you want to withdraw a digital asset, you need to first transfer your funds to a designated account and complete the withdrawal through transaction confirmation in your…
-
What does candy mean in Bitcoin (Bitcoin qc)
What does candy in Bitcoin mean? According to BitcoinExchangeGuide, in the Bitcoin white paper, it is mentioned that “if you want to participate in mining, you must receive rewards.” So what does candy in Bitcoin mean? In fact, it is also an incentive method to encourage more people to contribute their idle resources. The transaction fees for Bitcoin are collected and paid by network providers to users who have used the software, and the profits of these users are called “rewards” or dividends. For ordinary users, “reward” is to exchange the digital assets mined by themselves with cash for other people’s Cryptocurrency Bitcoin qcAfter experiencing brief fluctuations, Bitcoin prices quickly rose around 3am on Monday. According to Bitinfochart data, as of the time of publication, Bitcoin’s overall network computing power was 100.15EH/s, up 13.7% from the highest on Sunday and approaching a historical high of 10.35Eh/S, equivalent to approximately $187000. In addition, according to statistics, since August 13th, the average…
-
Sphere 3D Completes $3 Million Private Equity Round Financing: What Does This Mean for Bitcoin Mining?
On April 22nd, it was announced that Sphere 3D, a Bitcoin mining company listed on NASDAQ, had completed a $3 million private equity round financing by signing a securities purchas
-
Changes in the Google Assistant and Bard Teams: What You Need to Know
On March 30th, Google was restructuring the reporting organization of its Virtual Assistant department to focus more on the company\’s new artificial intelligence chat technology, B
-
5G blockchain network Karrier One completes the first round of financing
On April 5th, it was announced that the 5G blockchain network Karrier One will end its first round of financing today, with unknown amounts and participants. Karrier One is a decen
-
The Safety of Token Cash for Digital Payments
It is reported that Jeremy Allaire, co-founder and CEO of Circle, the issuer of the US dollar stable currency, said that compared with the liquidity risk of com