👋Oh Hey There MOBOX Crew, here we are back again with another fabulous update ahead!
before we jump into our weekly update..
We hope that you have all had an amazing Christmas/Holiday week filled with many amazing memories. ❤️
HERE at MOBOX we have had a Festive & Fun filled week & have announced a bunch of Christmas in-game festivities plus so much more. Check below in our quick rewind to see what we have been up to.
Quick Rewind ⏪
◾Our Social Media Event “ 14 Days of Christmas” has concluded, congratulations to all the winners, The rewards have been sent out already.
◾ The SOUL Of Christmas 2020 EVENT Started with 20 ETH up for grabs
◾ MOBOX Wallet UI Change
◾ Advanced Summoning cost decreased from 0.006ETH to 0.0012ETH
SOUL mined decrease from 1.8 SOUL to 0.1 SOUL
◾ The use of cryptocurrency on Chainopoly and BOSS Challenge has been Stopped. The function to buy cryptocurrency using hero tokens has also been removed.
BTS ( Behind The Scenes )
Our MOBOX Plugin Wallet is slightly delayed, but still on track to be released early January. The plugin wallet will be cross chain BSC, TRON, ETH
Future functions to be added to the plugin wallet: direct swap through pancakeswap, justswap and uniswap — making trading much easier.
We will also release the API for other dApps to connect to so that users can play cross chain dApps without switching through numerous wallets.
Mobile wallet: The new UI has been completed — switching out the UI now
Functions that are ready:
- Swap (uniswap, pancakeswap, justswap)
- The mobile wallet will hold most assets including Bitcoin, BCH, XRP etc.
- Deep integration to directly provide liquidity to several AMM exchanges for users to earn fees.
- Seamless support for NFTs (ERC721, ERC1155, BRC721, TRC721)
MBOX Token airdrop is almost coming to an end. Get as many as you can before the airdrop stops!
MBOX token is the governance token for the MOBOX Platform.
Remember the only pre-mine is from SOUL Hodlers.
The MBOX Airdrop on S1 finishes on 23rd January.
The MBOX Airdrop on S2 finishes on 12th February.
MBOX Crates are being tested at the moment!
What are MBOX Crates?
MOBOX Crates are automated strategies that will help user stake their stable coins and automatically find the best yield so you can earn while you sleep !
What Is ?
Do you know what Yield Farming is and understand its Returns?
Another term used in the crypto space for yield farming is liquidity mining. With Yield farming you generate rewards with your cryptocurrency holdings. You basically need to lock up your cryptocurrency where in return you get rewards similar to staking which most of us would be familiar with.
The MOBOX platform uses smart contracts and devises optimal strategies to provide users with the best automated yield farming strategies. In other words, automated optimal strategies that farm tokens from other DeFi protocols. By providing liquidity to MOBOX , you become a liquidity provider for the many pools that MOBOX has devised strategies for.
Liquidity providers receive high-yield interest payments on a daily basis.
Sometimes when providing liquidity/yield farming there are Risks with providing liquidity and one of those risks is Impermanent loss (see article on impermanent loss.
It is very important to understand the risks associated with providing liquidity before you do provide liquidity into any pool. Impermanent Loss occurs when you provide 2 currencies for certain pools.
ChainZ Arena Update #5
What Does The Future Hold 🔮
Next update (January 7th)
1. Add Skin exchange system
2. Add Equipment exchange system
3. Increase equipment AFK drops from Chapter 24 and onwards
4. Decrease SOUL and Battle Power requirements for AFK
5. Decrease price for some Hero Market items
6. Decrease Hero Restore price
🎁 The SOUL Of Christmas 2020 EVENT 🎁
Do not forget our Soul of Christmas Event which has been up and running already for a week. During The SOUL Of Christmas 2020 Event players can collect stockings by completing specific tasks in ChainZ Arena.
Also don’t forget to claim your FREE SPIN, every 24 hours to win in game items and even 2 ETH, SPIN and WIN.
Prizes:
🎁 Santa’s Leaderboard 🎅: Collect the most stockings during the event and get on the leaderboard to grab your share of 20ETH , Christmas Skins and 13,000 Mining Cards
🎁 Rudolph’s Spinning Wheel 🦌 : Consumer your Stockings and spin the wheel for amazing prizes: 2 ETH (unlimited), Hero Skins, Mining Cards, Equipment, Gold, Spirit and more!
🎁 🦌Spin Spin and WIN! : Accumulate the most spins and get extra Rewards!
Event Start: 21st December 2020
Event End: 20th January 2021
The new year is upon us!
Wow what a crazy year it has been. There have been highs there have been lows there have been a lot of in-betweens.
We would like to take this opportunity to thank each and everyone of you in our community for a fabulous year we have had & built together. Without you we would have not been able to make so many things possible, meet an amazing group of people and succeed together.
Wishing you all a Happy New Year!
May 2021 bring you & your loved ones all you desire plus more.
We look forward to the future and all the fabulous things we have in the works
Here’s to an amazing year ahead!
Welcome 2021 we are coming full speed ahead!
