Altcoins News

Story: Waves Tech (WAVE) NFT and EGG Doing great with their Defi Mechanics

By Maheen Hernandez

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Twitter Handle Ben Fortune Teller:  Some of you may have noticed that Waves has started dipping a toe into the NFT world.

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Current spot price of egg today is about $143 USDN meaning the yield of the NFT staking is about $948 USDN per month.

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Genesis ducks are not necessarily rare, and you will see their rarity fluctuate as more users chose to mint.

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You can either claim eggs on the Waves_Exchange or complete certain tasks outlined in the TG group with egg rewards.

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The complexity of the game makes you really think through the optimized yield farming components.

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We've seen a lot of projects start to blend DeFi and NFT components. AaveAave and Useteller are both experimenting with NFTs as collateral.

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I expect this trend will continue as we explore ways to gamify DeFi and many projects will use NFTs to incentivize new participation.

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If you want to check out the game, follow me and retweet this thread. Drop your Waves address in the comment section and I'll randomly select 1 person to receive 3 Egg, enough to…

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