MultiGemSwap
"MultiGemSwap" is an innovative system that offers liquidity for in-game purchase items, referred to hereafter as "gems", between blockchain games. Through a weighted pool mechanism, it ensures liquidity among multiple gems, significantly simplifying transitions between blockchain games.
In traditional social games, once a gem was purchased, it was exclusively usable within that specific game. With the introduction of "MultiGemSwap", players can now exchange gems across different blockchain games, enhancing both the gaming experience and the efficiency of their investment. For instance, if a player retires from a game with a considerable amount of unused gems, previously these gems would remain unused. However, with "MultiGemSwap", players can now utilize these gems in other games, ensuring liquidity of gems across multiple platforms.
Specifications of MultiGemSwap
"MultiGemSwap" is a system that establishes liquidity between gems of different games, enabling the transition of gems from Game A to Game B. For a gem to be added to MultiGemSwap, it must meet the following criteria:
ERC-20 Token Format: To establish liquidity, the gem must be in the ERC-20 format.
It should be usable for unlocking in-game features or for gacha mechanisms.
Must not possess a liquidity pool with tokens that have cashing qualities such as ETH or stablecoins to prevent legal complications and liquidity outflows.
The gem must be deployed on DeFiVerse.
Using the weighted pool developed by Balancer, liquidity pools can be created with gems from up to eight games, facilitating smooth transitions between them. For example, if a player purchases gems worth 10,000 yen in Game A but loses interest, they can exchange those gems for Game B's gems and start playing Game B.
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