It is quite interesting that you will get the opportunity to reveal, explore, shape, and share a platform and can enjoy all features of that by simply join them. want to know how? Then read the entire article and you will get the huge scope as a game lover to play and earn as well. The ISLAND is here to provide you all the benefits that you need. Play, Trade, Earn, Build, HODL, and more and Be a part of & own it.
About The ISLAND
The ISLAND is a “multiplayer multi-dApps' ' world that is presented in a large-game concept, where it is only accessible with a UNICORN. Start Farming L´ile by Staking and or from Pools of L´ile at the ISLAND via yield farming. The ISLAND will also have a separate marketplace for a few of the secondary farmed unicorns (a small percentage of the newborn Unicorns will be herded there) like any other “on The ISLAND / In-Game” assets to be bought and sold to present more incentives as well as trade opportunities for L´ile and people of The ISLAND.
Yield Farming at The ISLAND
Yield farming is the practice of staking or lending crypto assets to generate high returns or rewards in the form of additional cryptocurrency. This innovative yet risky and volatile application of decentralized finance (DeFi) has skyrocketed in popularity recently thanks to further innovations like liquidity mining. Yield farming is currently the biggest growth driver of the still-nascent DeFi sector, helping it to balloon from a market cap of $500 million to $10 billion in 2020. In short, yield farming protocols incentivize liquidity providers (LP) to stake or lock up their crypto assets in a smart contract-based liquidity pool. These incentives can be a percentage of transaction fees, interest from lenders or a governance token (see liquidity mining below). These returns are expressed as an annual percentage yield (APY). As more investors add funds to the related liquidity pool, the value of the issued returns rise in value.
The Island Cryptocurrency
Instead of being physical money that is carried around and exchanged in the real world, cryptocurrency payments exist purely as digital entries to an online database that describe specific transactions. When you transfer cryptocurrency funds of the Island, the transactions are recorded in a public ledger. You store your cryptocurrency in a digital wallet. Cryptocurrency got its name because it uses encryption to verify transactions. This means advanced coding is involved in storing and transmitting cryptocurrency data between wallets and to public ledgers. The encryption aims to provide security and safety. L’ile is and will be the only cryptocurrency that is used to power the entire economy, including the transactions between The Island itself with The Moon and Unicornia with all assets on Binance Smart Chain.
An innovative platform based on DeFi Ecosystem
DeFi is a concept of a financial ecosystem living digitally on a shared infrastructure. In this world, typical financial services such as borrowing, lending, and trading exist, but they operate on a public network, meaning it's accessible to anyone with an internet connection. With its many features and concepts, on endless peer-to-peer connectivity, exploring all of the community-driven content and achieving tokens as rewards, starting from farming, NFTs, and use of blockchain and what DeFi era offers, The Island itself represents not only a sustainable, profitable and fun ecosystem, but is an innovative platform for early tech adopters.
The ISLAND has an interesting philosophy that will take you to a deeper level of thinking as you go deeper in between the layers and what the whole ecosystem offers. Moving along to other features on The ISLAND website, you can see through the various applications available on Windows, Mac, and Mobile and it seems that you would be able to stream video, and the apps will provide a lot of other opportunities for players to be able to engage in. So, The opportunity is right before you, take it and join this profitable company.
Learn more about the project:
Website: https://theisland.live/
ANN : https://bitcointalk.org/index.php?topic=5341313
Telegram:https://t.me/theislandofficial
Twitter:https://www.twitter.com/theisland_live
Medium :https://t.me/theislandofficial