DeXFun launches Telegram perp mini-game allowing users to earn FUN points

DeXFun, an upcoming gamified decentralized perpetual future platform, has launched a brand new mini-game on Telegram as a part of its journey in direction of a full platform launch. This mini-game provides a playful twist to perpetual buying and selling, permitting gamers to foretell market actions and earn factors that may later be redeemed for rewards together with tokens and NFTs.

Minigame mechanics

The sport, accessible through the DeXFun Telegram bot (@DeXFun_Arcade_Bot), permits customers to make predictions concerning the future route of common cryptocurrencies resembling BTC and ETH. Gamers stake FUN Factors, DeXFun’s in-game foreign money, by deciding on contracts and predicting whether or not the market will transfer up or down.

To play, customers merely want to carry down the “Up” or “Down” button, analogous to holding a perpetual futures contract, and launch it after they need to exit their prediction. The sport makes use of 1,000x leverage, growing the potential rewards for proper predictions, with gamers capable of choose what share of their factors they need to wager.

Factors are calculated utilizing the components:

(Exit value / Entry value – 1) x 1000 x factors staked

This components applies to each upward and downward motion betting, with real-time value adjustments figuring out the result.

Supply: DeXFun Medium

Along with buying and selling predictions, customers can earn additional FUN factors by referring buddies, following DeXFun on social media and collaborating in particular campaigns. These factors are meant to be redeemed for rewards as DeXFun continues to roll out further options and airdrops.

Improve engagement with gamified perpetual futures

This mini-game serves as a precursor to DeXFun’s broader imaginative and prescient of mixing decentralized finance with gaming. DeXFun is launching on Neo

Perpetual futures, or perps, are a sort of spinoff that permits merchants to invest on the long run worth of belongings with out expiration dates. DeXFun plans to boost this buying and selling expertise with mini-games, leveling programs and social options that enable customers to share methods, compete with buddies and unlock unique rewards resembling badges and NFTs.