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Decentralized finance remains one of the most thriving industry verticals in cryptocurrency and blockchain. To achieve the next level of adoption, there need to be more robust solutions and better infrastructure. The following projects explore opportunities through various approaches, enhancing the overall DeFi appeal.Â
Splinterlands (Hive)
Most people are familiar with Splinterlands as one of the leading blockchain play-to-earn gaming titles. The project has certainly proven very successful on that front, although the Splinterlands ecosystem is about much more. For example, its recent Validator Node presale attracted so much attention it sold out within 11 minutes. Validator Node operators are rewarded in SPS governance tokens. Additionally, the license sale resulted in nearly 14.5 million SPS being burned and 3.6 million SPS being added to the Splinterlands DAO.Â
The introduction of these nodes enables Splinterlands users to tap into a secondary revenue stream. They can still earn tokens from playing the game, but they can make money by supporting the Hive blockchain too. It is always good to give users more options and find the approach they prefer. In addition, these licenses are NFTs that users can freely buy, trade, and sell on secondary markets.Â
Orca (Solana)
One cannot have decentralized finance without access to decentralized exchanges. A DEX offers liquidity pools where users can contribute funds and earn fees from overall trading activity. Orca, the most popular DEX built on the Solana network, makes it easy to exchange cryptocurrency at minimal fees and very low latency. Furthermore, the team focuses on being user-friendly, catering to the needs of novice and experienced enthusiasts.Â
An extra DeFi-oriented benefit of Orca is how it provides…
