The famous Bitcoin exchange Binance has announced the 23rd project of Binance Launchpool. Mines of Dalarnia (DAR), an action-adventure game on Binance Smart Chain, has become Binance Launchpool’s 23rd project. So what is Mines of Dalarnia (DAR)? Users will be able to stake BNB and BUSD tokens in separate pools to collect DAR tokens for 30 days.
The exchange will then list DAR on the Innovation Zone platform on 04.11.2021. The exchange will list the coin along with trading pairs DAR/BTC, DAR/BNB, DAR/BUSD, and DAR/USDT. So what is Binance Launchpool’s 23rd project, Mines of Dalarnia (DAR)? cryptocoin.com We researched the altcoin project for you…
Binance Launchpool’s 23rd Project What is Mines of Dalarnia (DAR)?
Mines of Dalarnia is a win-win action-adventure game with procedurally generated levels on Binance Smart Chain (BSC). Players mine and collect various in-game items (i.e. minerals, rare relics and artifacts), hone their skills and gear to unlock the secrets of the Dalarnia universe. The world of Dalarnia has different mines with different terrains to explore and monsters to conquer in search of rare resources. DAR is the game’s native token and has the following use cases:
- In-game currency: Players can use DAR to buy and lease in-game assets on the market.
- Play-to-win incentives: Players can earn DAR by selling in-game items they collect from in-game quests or by winning in competitions. Additionally, players who own in-game lands can earn a rental fee by renting them out to other players to explore.
- management: DAR token holders will be able to vote on proposals to decide the land economy, miner policies, and other components of game development.
- Staking rewards: Users can stake DAR for early access to more game features and content, as well as token rewards.
Token Distribution
| Binance Launchpool | 3% of the total token supply |
| private sale | 15% of the total token supply |
| win with game | 20% of the total token supply |
| Liquidity | 7% of the total token supply |
| Marketing | 6% of the total token supply |
| Set | 15% of the total token supply |
| Consultant | 7% of the total token supply |
| Basis | 20% of the total token supply |
| Ecosystem | 7% of the total token supply |
The project raised $2.76MM from the first-round private token sale, where 15% of the DAR token supply was sold at $0.023/DAR.
DAR Launchpool Details
- Token Name: Mines of Dalarnia (DAR)
- Maximum token supply: 800,000,000 DAR
- Launchpool token rewards: 24,000,000 DAR (3% of maximum token supply)
- Initial Circulating Supply: 123,200,000 DAR (15.4% of maximum token supply)
- Smart Contract Address: DAR (ERC-20); DAR (BEP-20)
- Staking Conditions: No upper limit. KYC is required.
Supported Pools
- Stake BNB: 19,200,000 DAR rewards (80%)
- Stakes BUSD: 4,800,000 DAR rewards (20%)
- Farming Period: Between 29.10.2021-27.11.2021.
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