BASIC CONCEPTS
Liquidity Mining
You can earn PTP by staking stablecoin
and earn vePTP (vote escrowed PTP) by staking PTP in Platopia
*Vote escrowed tokens are currently a popular method for earning exponential rewards!
As a Liquidity Provider (LP) on Platypus, you earn appealing returns with little to no effort.
vePTP is the same concept. Except it’s on steroids.
It is a yield booster to increase your Annual Percentage Yield (APY) from single-digit to two (and sometimes even 3!)
How Do I Start Liquidity Mining?
To do this, there are quick preparatory steps to get in place. Then, we can proceed to actually using Platypus.
How to Stake PTP?
To do this, there are quick preparatory steps to get in place. Then, we can proceed to actually using Platypus.
Click on the Stake button and input the amount of your PTP to stake and click “Stake”.
Once completed, your staked PTP will start to generate vePTP.
*Remember to claim vePTP, to start boosting your yield.
If you prefer to read the full tutorial, please click at below link:
BASIC CONCEPTS
As your platypus generates vePTP,
you can acquire a Platypus Hero
to help get work done even faster.
In Platopia, your Hero is an NFT.
A non-fungible token (NFT), in this sense,
is an in-game asset that’s yours to keep forever
(unless you choose to sell!)
You can easily mint your Hero
to equip you with a helping hand.
We’ll get to the exact steps at the end of this.
All Platypus Heroes minted are a combination of randomly generated attributes.
Each attribute falls under either A, B, C, or D category in the grading system, A grade gives 4 scores while D grade gives 1 score. The higher the score, the more effective the skills.
Here is the probability table below:
Combining all these traits ultimately equals a score, which then determines the class of your Platypus NFT.
Your Platypus Hero’s Skills
All minted Heroes are born with 1 work skill:
*Effectiveness of skill is determined by the trait scores of the NFT.
Probability of Skill
Formula of Power
Calculation table for all NFT scores and skills.
Example of how to calculate the power of NFT.
Let’s say here are the attributes generated for you:
Skin (2) Accessories (1) Eyes (4) Mouth (2) Body (4) Tail (4)
Your score is 17
In this example, your NFT’s skill is Speedo
The final calculation is 17.
Speedo’s skill is: Speeds up vePTP generation by x%
This means that your vePTP generation will be speeded up by 17%.
You can possess more than 1 NFT, but your address can only be equipped with 1 for the purpose of yield boosting.
Perks of Owning Platypus NFT
It gives you an advantage in gaining more vePTP
Exclusive Platopia Savior Club membership for NFT holders
Access to alpha leaks for Platypus’ big updates and announcements
NFT Minting Rundown
Platypus NFTs are minted using PTP
1. PRIORITY PHASE
Certain vePTP holders and whitelisted individuals are privileged to mint during
our Priority sale.
Pre-sale Price:
250 PTP
24 hours only
2. PUBLIC SALE PHASE
In this phase, Platypus NFT minting is open to everyone!
Sale in Dutch auction
Mint price starts from 500 PTP,
and price will drop by 20 PTP / 30 min
until it reaches 200 PTP
NFT Pre-sale Information
Priority Sale for vePTP Holders
vePTP holders who are holding certain amount of vePTP, are entitled to have the whitelist spot for NFT minting. Each address can only mint up to a maximum of 10 NFTs.
Pre-sale for Whitelisted Individuals
Each address can only mint up to a maximum of 5 NFTs.
Pre-sale Duration
Spots are guaranteed only for 24 hours. If vePTP holders and whitelisted individuals fail to mint during Priority Sale, the spot will be lost, and the NFT will go into public sale the next day.
The NFT Marketplace is the place to trade minted NFTs.
It allows digital collectors of Platypus NFTs to buy and sell them to equip their Platopia with a specific Platypus Hero.
Food = Stablecoins
PTP = Magic Crystal
vePTP = Super Crystal
Remember,
you can always acquire a Platypus Hero to help generate energy faster!
Brace for Avalanche!
Once you unstake your PTP, Platopia will be swamped by a massive avalanche. All vePTP will dissipate
(unless you got a Platypus hero with “Hibernate
” skills - they’re quite rare).If you choose to return, you’re back to square one, and will have to rebuild Platopia from scratch again
Cheers to Avalanche
Platopia is an Avalanche-powered, gamified interface where players can stake their crypto assets and earn rewards in a fun and delightful way.
Join us in the ever-growing Avalanche community, where speed, low cost for users, and energy efficiency are embedded in everything we do.