The Liquidity Generation Event (LGE) of YIELD is going live on Blast L2 in less than 10h.
Crypto Valleys (CV) is as an on-chain, pixel-art game set in a fantasy world where players can develop their own Valley, grow their Farm, form parties of Adventurers, embark on Expeditions, and craft & trade any of the in-game assets within a dynamic economy. CV blends chance and gacha mechanics in a way that leads to a self-sustainable economy, removing the need of token issuance to incentivize players.
A demo of Crypto Valleys’ farming mechanics was live for a month on the Blast Sepolia Testnet. As of March 2nd, notable performance metrics included:
5,000 registered players.
275,000 seeds rolled and planted.
200,000 tYIELD transactions.
YIELD is an ERC20 token that serves as the utility currency within Crypto Valleys’ in-game economy, acting not as an incentive token but as an economic regulator. At the outset of CV, we're issuing 10M YIELD, with 5.8M tokens immediately put into circulation & 5M allocated to the public release.
The LGE of YIELD will take place in-game and will last for two days, during which participants will be able to exchange ETH for YIELD at a fixed rate, assuming a preliminary Market Cap of US$ 900K. YIELD bought is not subject to a vesting schedule and will be immediately claimable after the LGE ends.
Start Date & Time: March 11th, ~8 PM UTC
End Date & Time: March 13th, ~8 PM UTC
Blockchain: Blast L2
Venue: In-game, via the Druid vendor
Method: Public, FCFS
Allocation: 2.5M YIELD
Raise: ~98 ETH
Price: US$ 0.154
Preliminary Market Cap: US$ 900K
Bridge ETH to Blast L2 (recommended bridge: https://www.orbiter.finance)
Enter the game (open at 7 PM UTC): https://www.cryptovalleys.io/marketplace#lge
Connect your Injected Provider (e.g. Metamask)
Input the amount of ETH to exchange for YIELD
Confirm transaction, and wait until the LGE ends
Claim your YIELD on March 13th, 8 PM UTC
That’s about it for today! Stay tuned to our X account to get the latest news and announcements on Crypto Valleys.