, using public domain image. Source: Greetings my dear @LeoFinance members, I hope you all had a phenomenal end of the year and that economic prosperity and abundance will fill you this new year 2022. This time I want to share with you the innovative idea of decentralized finance (DeFi), who once again brings us good news with the Cashcow Protocol.
INTRODUCTION
The DeFi community is known as decentralized finance based on the Ethereum blockchain network and other cryptocurrencies. The goal of this platform is to make a difference compared to traditional banking, providing its users with ease and transparency in their economic management and asset mobility. It is always in continuous search of favoring its members and that is why it now provides them with the Cashcow Protocol.
CASHCOW PROTOCOL
It is DeFi's new ecosystem that seeks to positively impact all users by offering secure and reliable investments for a long period of time. With sustainability and momentum sponsored by the community itself it seeks to create the number one non-fungible token P2E game on the platform. In addition, it offers a variety of options such as, it offers the opportunity to interact 2 or more smart contracts, this is the most attractive feature of this ecosystem, which is why it has increased the number of investors in it.
Other options offered by this brilliant project is the combination of 2 tokens with different purposes such as: (COW and MILK), the Farm mode of the game, a marketplace for collection of NFTs and more.
CASHCOW PROTOCOL FEATURES
The main characteristics of this ecosystem are:
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1. It offers a token where its investors have a say in the changes that may be generated on it when it is in decline.
2. There is a limitation in tokens, since there are currently 890,000 COW USD in circulation.
3. The COW USD token has great functions in the game, as it allows you to generate bonuses (Milkpower Bonus), in the Farm Game.
4. With the staking pools an interesting annual percentage yield (APRs) is achieved in Milk thanks to the CashCow Dapp. Investors will benefit greatly from this
5. With the staking pools an interesting annual percentage yield (APRs) is achieved in Milk thanks to the CashCow Dapp. Investors will benefit greatly from this
6.The opportunity to be able to collect NFTs, is an important feature of this protocol, as it allows you to buy land, cows or bulls before the Farm Game comes out.
7. Another option for acquiring the collection of NFTs is on the CashCow DApp Markettplace with a value of around 100,000 MILK USD tokens, which will be available from December 30, 2021.
8.The Farm Game will be launched in stage 4 of the roadmap, providing a virtual economy where they will raise livestock and generate the MILK USD token.
9. Only 160,000 lots of land will be available and they will not be free.
MILK USD PRODUCTION IN THE GAME
Some of the activities that farmers must perform to produce Milk USD will be described below.
1. Farmers will be able to earn or produce MILK USD depending on the MilkPower they have.
2. Over time the MilkPower will grow, however, the net amount of Milk USD produced will remain constant, only its distribution in the game will change.
3. If farmers want to increase the production of Milk USD, they will have to increase the amount of MilkPower.
4. Some tips that farmers can follow to increase Milkower is to keep COW USD in their wallet, find more land or improve cows through trade or breeding.
GET TO KNOW THE MILKPOWER BONUS OF CASHCOW PROTOCOL
The MilkPower Bonus is an additional bonus obtained by mining MILK USD with an NFT. This bonus will be reflected in the farmer's production capacity and is directly proportional to the amount of COW USD the player has available in his wallet.
The purpose of this bonus is to give investors more confidence in the project, so that they will not be forced to sell COW USD tokens and will be able to keep them in their wallets, making it easier for them to farm MILK USD.
FINAL CONSIDERATIONS
There is no doubt that DeFi is still at the forefront in the launch of its projects, we can only wait for the success proposed with this new game, however, each person is free to make their own decisions and especially to invest in projects that seem more attractive, this topic only seeks to report on innovations in the games that are being developed at the moment.
MATERIAL CONSULTED
CashCow Protocol: learn about the new DeFi ecosystem. Fuente:
