About 3 weeks ago I came across this "new" platform. I instantly felt intrigued by it and gave it a shot. Mobox is a relatively new staking, NFT, and gaming platform in the Defi space. Maybe you know this one, maybe you don't. This platform is chock-full of goodies and value, so I'll do my best to cover it all.
The main part of Mobox is the MOMO NFT Farmer. Here you will receive interest rate for locking money onto this website. You also get keys for locking money onto the website. Depending on how much you lock versus other people, you will get keys. The keys will auto generate and the number will keep climbing up until you receive one full key. Currently one key is worth $67.62. There's a couple of things that you can fo with this key. You can keep it, sell it or use it to open a chest that contains a Momo NFT or/and there currency called MBOX, currently worth $1.56.
The better Momo you get the more Mbox you will get. so once you're over here on the mining camp. All your Momo's will be inside this mining camp tab, providing you hashing power for mining. There will be daily distribution of Mbox, which you will get daily, depending on your hashing power against other people's.You can claim your Mbox every day.
You could claim it once a week once a year if you want to once a month because of gas fees. It's not that expensive on this website, but still they're there. If you go to market, you can see what people are selling. They used to be expensive in the beginning, because almost no one had any Momo's. Now is a lot cheaper for there's a wide variety to choose from. The ones that is in the market place, people bought keys or received keys by staking to open the chests. So you can buy a key for $67.62, it's up to you. In the last tab here you could see a leaderboard of people's hashing power and Momo power.
If you go back to the main menu under the crates tab, you can for example see the interest rate over at the USDT pool is 43% APY, USDC 41%, 30.67% for BNB, and then you have 40.55% for BUSD and so on. This is providing liquidity and it's pretty high for stable coins uh. In the first box you'll get the MBOX-BNB liquidity pool. This pool gives the highest percent APY at 301.87% and because of that you'll be able to get a full key in a very shorter time span than the rest of the pools. I've currently added liquidity in the BNB pool. It's been 7 days and you can see the interest I've already gotten. I'm planning to add liquidity to the MBOX-BNB pool during the weekend. Will keep you guys up to date.
Then there's the free trading games where you can win Mbox currency. The first one is called Simple Trade. Each user will be given 1,000,000 virtual USD at the beginning of the competition. Your goal is to buy and sell cryptocurrency and try to earn the greatest profit. Users will be ranked according to their profit and loss during the competition. This user-friendly process aims to help users who are reluctant to get into crypto trading to try, learn, and earn without losing real time money. It's almost like crypto arbitrage.
The second one, Bull vs Bear will offer very short bursts of guessing and wondering whether bitcoin will go up or down in the next 120 seconds, a definite fast pace swift, and speedy way to keep you on the edge of your seat. Choose Bull or Bear and watch the tug of war begin. Depending on your selection, accumulate points depending on how bearish or bullish bitcoin goes. Users will be ranked according to points accumulated. You start to accumulate points and after you've received the minimum of 27 points you start to receive 10 Mbox tokens.
The last game Leverage Mania is a short burst of exciting gameplay where you are given tokens, and you either sell short or buy long with 100X-1000X leverage. With a 2 minute timer, users can enter a long or short position.Once entered you can close the position and enter again at anytime before time runs out. Users will be ranked according to their profit and loss. This is exhilarating gameplay where one moment you can watch your earnings jump high to potentially millions. Here you can also win Mbox tokens which can be accumulated for staking, buying or swapping.
Well that's the short and sweet about Mobox. If you're interested in the games or in the more serious side of staking for rewards and ROI's you can follow this link: Mobox Info & Website
I suggest that you'll have a look for yourself because there's so much more in this platform than that I can cover in a single article.You can create an account for free.Have fun and enjoy the rest of your year.
Posted Using LeoFinance Beta