According to Twitter Handle, Ben Fortune Teller, Waves has begun dabbling in the NFT world. The 100% rare Waves duck is now ‘nesting’ (AKA staked) and laying 6.63 Eggs every month.
Eggs currently cost around $143 USDN, so the NFT asset’s monthly revenue is around $948 USDN. Finally, Waves has combined some of the first crypto kitty components with DeFi dynamics. The rarity of each duck correlates well with egg production, with 100% rarity ducks producing the highest output.
Eggs are needed to birth genesis ducks and acquire ‘perches’ that enable members to stake their ducks. Ducks with various genes can mix to generate novel duck pairings with varying rarity.
Genesis ducks aren’t essentially rare, and you will notice their rarity fluctuate as more individuals opt to mint. Similarly, a rare duck may lose its rarity if other breeders employ a similar mix to produce variations.
In other cases, it’s best to continuously breed new duck kinds to maintain your high production status. Ducks could only mate once, so you’ll want to consider who will offer you the ideal pairing. Jackpot ducks will occasionally arise, offering set APY at 100 percent rarity.
You could either gather eggs on the Waves Exchange or do TG group activities with egg rewards. They believe that this project is particularly fascinating because it has combined the DeFi and NFT worlds.
The game’s complexities require you to think through the optimized yields farming elements. Furthermore, the devs are thinking of new methods to use ducks in the more excellent wave environment. It’s pretty interesting to see it as Waves enters the NFT market.
They have just seen many projects start to combine DeFi and NFT components. AaveAave and Useteller are both exploring with NFTs as collateral. Likewise, pancakeswap issued their initial NFTs as incentives for the highest on the BSC network.
They predict that as we look into ways to gamify DeFi, many initiatives will leverage NFTs to entice new participation. Defi physics is historically tough to grasp, and NFTs offer a delightful method to explore this realm.