More details about PLAY JACKPOT
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Here is more detailed service structure of PLAY JACKPOT.
PLAY JACKPOT is an “add-on” DeFi project which is based on various games.
As you see in below chart, not like other DeFi services, PLAY Finance is focusing on pay out benefit based on games, not lending & borrowing itself. All the deposit from the customers are directly going to Alpaca finance and Pancake swap with our smart contract. You can double check this with our repository in Github.
You can also refer the below chart to understand how PLAY JACKPOT actually works.
As you see in this chart, all deposit and withdraw of the principal occurs with Alpaca finance and Pancake sway as mentioned previously. PLAY Finance is not responsible for this principal since those are managed by other services.
PLAY prize pool accumulates PLAY tokens calculating corresponding amount considering current PLAY price in DEX. We are using pancake swap as our Decentralized Exchange which is called DEX.
To avoid hacker attack, such as flesh loan, we limited the maximum amount of prize pool to 10 million PLAYs, which is reasonable amount as a prize benefit.
The other benefit is from “Fair lunch pool” which is not owned by PLAY Dev team. This amount is limited for each gaming pools, so that user can change their pool to maximize their interest.
You can see this exactly the same structure with reviewing our smart contract code here :
