ETH Farm: A DeFi-gaming fusion where players farm virtual mushrooms representing Uniswap v3 fees. Buy plants with USDC, earn & harvest fees. Powered by Predy Finance v3.2 & Graph protocol. A seamless blend of gaming & DeFi!
Project Submission for Hackathon
Project Name: ETH Farm Project Type: Gaming
Overview: ETH Farm is an innovative gaming platform that merges the excitement of gaming with the real-world benefits of decentralized finance (DeFi). Utilizing Uniswap v3 LP positions, the Graph protocol, and Predy Finance, ETH Farm allows players to farm virtual mushrooms that represent the fees earned from Uniswap. The gaming experience is seamlessly integrated with DeFi, creating a unique and engaging project.
Prerequisite: Participants must already have a main vault with Predy Finance v3.2. To set up a main vault, connect to Predy Finance (https://app.predy.finance/) with MetaMask, approve, and deposit USDC.
Gameplay Description: ETH Farm is centered around farming virtual mushrooms, which represent the fees generated from leveraged Uniswap LP positions. To begin the game, players must purchase a plant using USDC. This action is equivalent to providing liquidity to the Uniswap v3 ETH-USDC trading pair and earning fees in the form of mushrooms. Once the mushrooms have grown, players can harvest them, effectively closing their Uniswap v3 LP position and withdrawing the fees earned as real assets.
Technical Implementation: The backend transactions for ETH Farm are powered by Predy Finance v3.2, a leveraged Uniswap v3 LP automated market maker (AMM) system. The Graph protocol is used to support the project, ensuring smooth and efficient data management. This unique combination of gaming and DeFi creates a truly composable project that bridges the gap between entertainment and finance.
ETH Farm showcases the potential for interactive gaming experiences that also provide tangible financial benefits for users. By leveraging cutting-edge DeFi technologies, this project is set to revolutionize the gaming landscape and inspire further innovation in the space.
How It's Made: ETH Farm
Conceptualization: We envisioned a gaming experience that combines DeFi elements with fun and interactive gameplay, resulting in the idea of farming virtual mushrooms representing Uniswap v3 fees.
Design & Development: Our team designed the user interface and gameplay mechanics, focusing on a seamless and enjoyable experience. We integrated Predy Finance v3.2 and the Graph protocol to handle backend transactions and data management.
Integration of DeFi Components: We connected ETH Farm with Uniswap v3 LP positions to allow players to provide liquidity using USDC and earn fees as mushrooms. Predy Finance v3.2, a leveraged Uniswap v3 LP AMM system, was used to handle the backend transactions for the game.
Testing & Optimization: Rigorous testing was conducted to ensure a smooth and engaging gaming experience. We identified and fixed any bugs, optimized the platform for various devices, and ensured that the DeFi components were functioning correctly.
Deployment & Launch: With thorough testing and optimization completed, ETH Farm was deployed and launched for users to enjoy. The project showcases the potential for interactive gaming experiences that provide tangible financial benefits and paves the way for future innovation in DeFi gaming.