HaloDAO has partnered with Yield Guild Games (YGG) to provide members of the YGG community with easier monetization in local regions with Stablecoin v1-optimized AMM on Ethereum and Polygon.
HaloDAO’s partnership with YYG will bring Singapore and the Philippines, and other high-growth regions to life. They are supporting stablecoins aims to build a play-to-grow model that will enable players to go one step further to make money by increasing their income through productive agriculture and on others DeFi apps can access.
HaloDAO cooperates with YGG.
HaloDAO works with YGG to support local stablecoins that make withdrawals easier.
HaloDAO, a stablecoin market protocol, is partnering with Yield Guild Games (YGG) to provide easier monetization for members of the YGG community in local regions with stablecoin-optimized AMM v1 on Ethereum and Polygon. The focus will be on expanding access to Singapore and the Philippines, and other high-growth areas and supporting stablecoins aims to build a play-to-grow model that will enable players to go one step further to make money by increasing their income through productive agriculture and on other DeFi apps can access.
In the current play-to-earn model, cooperative organizations (called Infinity Guilds in the case of Axie) enable people without start-up capital to participate in all sorts of cryptocurrency games. YGG follows this model and has helped more than 4,700 scholarship holders earn over 61 million SLP. Since its inception, players have reported winning up to $ 400, which has proven crucial for families during the lockdown. This is especially true in areas where earning opportunities are limited – YGG and crypto games, in general, have the power to change the lives of many people.
After academics earn their SLP, they usually keep it or find a way to monetize it – this is a move HaloDAO aims to improve. Rather than simply selling all of their earnings in fiat, the P2G model allows HaloDAO academics and other crypto players to convert that payment into their local stablecoins and make a profit.
HaloDAO cooperates with the YGG-specific plan.
HaloDAO and YGG build financial instruments and integrate with Discord so users can track their performance, make a profit on their earnings, invest in their science pools, etc. The two organizations harness the entrepreneurial spirit of P2E gamers and enable them to do more with their hard-earned income.
“YGG gives people around the world equal access to cryptocurrency earning opportunities, and this partnership with HaloDAO DeFi products improves their earning potential.” – Gabby Dizon, founder of YGG.
HaloDAO is currently working with various local currency stablecoin issuers and synthetic stablecoin protocols to serve Southeast Asia (Philippines, Indonesia, Singapore), Latin America, Europe, the UK, and Hong Kong to support the use of these local stablecoins in decentralized finance.
HaloDAO, in partnership with YGG, can create a future where players can easily invest, earn and spend crypto – building a better future for their families.
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