It´s been two months since we released the Galactic Pools. By now, all holders have fullied their wallets with gases and minerals of different tiers. But those 7 resources are just a tiny piece of the pie. This universe will be constructed around 20 tokenised materials, and players will need each of them to craft all kinds of items inside the game.
Aside from purchasing equipment lootbox before the game is released, future players will have the opportunity to get the necessary resources to start crafting their guns and items once Outer Ring is published. But how?
We have created the Galactic DEX. This decentralised exchange will allow users to swap between in-game materials and gain farming rewards providing liquidity to the different pools.
The DEX functioning
The Galactic DEX allows users to operate with their tokens directly from a wallet as with any decentralised exchange. After gaining materials such as CAR, VAN or ACE by staking in the Galactic Pools, you will be able to swap them in the 18 pairs created.
These pairs will allow you to obtain two new materials: Copper and Iron.
In the future, holders will decide on listing new materials using our governance system.
After obtaining either of them, users can provide liquidity and use the LP to receive more materials as a reward. All farming pools where Iron or Copper are involved will get them as compensation in addition to:
Methane-Plutonium →Iron
Argon-Carbon → Copper
Acetylene-Vanadium → Iron
Vanadium-Nickel → Copper
The value of these materials is balanced according to their relevance in-game, depending on Tiers and utility.
Technicalities of the DEX
Participation in the DEX does not involve fees of any type nor demand locking periods.
The DEX´s smart contract has been previously audited and tested in Bamboo Defi, another project of the company. It is based on Uniswap V2, and we have added a pair creation limitation. Also, the smart contract allowing the farming will be audited this week.
Outer Ring will provide initial liquidity to the DEX to allow the SWAP of tokens when it is launched.
