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WHEAT

Contract Address (BSC): 0x3ab63309F85df5D4c3351ff8EACb87980E05Da4E Initial Liquidity: 10,000 WHEAT matched with 200 BNB for the initial liquidity

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Splinterlands statistics

This data represents the raw on-chain activity of the tracked smart contracts
For this data we are tracking:Smart Contracts
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Description

What is WHEAT?

Contract Address (BSC): 0x3ab63309F85df5D4c3351ff8EACb87980E05Da4E Initial Liquidity: 10,000 WHEAT matched with 200 BNB for the initial liquidity. Emission rate: 1 WHEAT/block Emission distribution:  100% of the WHEAT emissions go towards incentivizing farmers. There is a 0% team allocation for the emissions. Throughout the earliest launch period the emissions of WHEAT are used to incentivize users to deposit their LP tokens into the protocol, the purpose of this is to quickly accumulate large balances in the Fee Collector contracts that constantly buyback and burn WHEAT. The longer term goal for WHEAT is having emissions of it to continually incentivize the different products offered whilst being deflationary, deflation in WHEAT happens when the buyback contract is buybacking and burning more WHEAT than the emission rate at the time. The typical farming uses up any existing revenues to automatically buyback the token, however the point in time where the protocol is making the most revenue is usually also the point at which the token price is the highest, this makes the effective buyback amount negligible compared to the tokens being issued. When the price of the token eventually crashes down so does the TVL/volume of the protocol and as a direct consequence the revenue of it, the result is that no matter the current state of the protocol it never has enough revenue to buyback more than what it’s issuing. This is where WHEAT innovates


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WHEATtakes full advantage of the power of the blockchain.It is a game based on the NFT + meta-universe on BSC blockchain which anyone can play. Any new player can earn game tokensBSC to consume or transact in the virtual world.
NFT is a non-homogeneous token, and NFT provides a new way to solve copyright problems: when a work is cast as an NFT chain, it is given a unique code that can not be tampered with. No matter how many times the work is copied and disseminated, the original author remains the sole owner of the work. With the help of blockchain, players can create rare virtual items and ensure their scarcity. The the assets in the game is absolutely true and WHEAT is a good tool to make money.
WHEATtokens are BSC ,which are virtual tokens minted on the blockchain.
If the player experiences the joy of WHEAT, they can follow the official instructions to join in. If you want to make money as a sideline, you need to think carefully.