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Aurigami is launching a hot PLY token. Is it worth buying? 

Aurigami is a non-custodial liquidity protocol that offers interesting features. This decentralized platform enables users to effortlessly lend, borrow, and earn interest with their digital assets. Depositors will provide liquidity to the protocol and earn a passive income in exchange. Meanwhile, borrowers will be able to borrow in an over-collateralized fashion.

aurigami logo The company plans to launch its own native token on May 3, 2022. PLY token is very trending, and as an ERC20 token, it offers many benefits. The price of 1 PLY will be 0.005 USD during the initial coin offering. The team aims to raise 110,000,000 with the sale. The total supply of tokens is 10,000,000,000, though.

To interact with Aurigami, customers will simply need to deposit their preferred assets supported by the protocol. Depositing assets entitles users to earn interest based on the market borrowing demand. Furthermore, they can use deposited assets as collateral to borrow other assets. According to the team, interest earned from deposited assets will help offset the accumulated interest from borrowing.

The company will allocate user deposited funds in Smart Contracts. It will also issue tokenized yield-bearing tokens (auTokens) for depositors and lenders. They can use these tokens for on-demand withdrawal of deposited funds from the pools. Besides, AuTokens are tradable and transferrable.

Aurigami: Liquidity Unlocked $882,332,739 Lend, borrow and earn on Aurigami. The native money market on Aurora. While Aurigami has many benefits, no protocol is entirely risk-free. The team noted that the risks related to this protocol might potentially include Smart Contract risks and Liquidation risks. However, the company has taken necessary steps to minimize these risks by undergoing audits. It is also keeping the protocol public and open-sourced.

 

How does this platform work? 

Aurigami highlights the fact that there are no minimum or maximum deposits imposed on its platform. Customers can withdraw assets as long as they don’t actively use those funds to borrow, and withdrawal of those assets would not cause a liquidation of their loans.

Moreover, investors have to enable the use of the deposited asset as collateral for borrowing. After that, the Borrow Limit will automatically adjust based on the amount of collateral made available. Earning interest is quite easy on this platform, though. Depositors will receive continuous earnings on their deposited assets. The platform will adjust the earning rates algorithmically for each asset based on their independent market conditions.

The auToken is a representation of customers’ asset balance supplied to this protocol. The team will base auToken minting on the underlying asset deposited to the protocol (auDAI, auUSDC, etc.). Users can borrow assets on Aurigami, but they must deposit an accepted asset to be used as collateral first. The maximum amount that can be borrowed depends on the amount of collateral on the customer’s account.

This platform has strong potential and a well-thought-out roadmap. It also boasts an experienced team. So, it should be a good choice if you are interested in this kind of protocol. However, every investment contains risks. So, be careful when deciding where to sink your money.

Aurigami is launching hot PLY token. Is it worth buying? 

PlayZap is another top-notch platform. How does it work?  

PlayZap aims to bring play-to-earn, skill-based games to the Defi gaming mainstream. As a result, users will be able to compete against other players, as well as win crypto tokens and NFTs. The company created the utility token PLAYZAP, which is very popular. Its sale will start on May 9, 2022. The price of 1 PLAYZAP will be 0.12 USD during the initial coin offering. But its value will increase after the ICO ends. The total supply of tokens is 150,000,000. But the team plans to raise 5,000,000 with the sale at the first stage.

PlayZap will enable players to compete in proven and highly engaging skill-based competitive games and win various crypto rewards in the process. According to the team, this is a platform built for real-time, multiplayer online games.

The company aims to develop an infrastructure that can power online games that are both fun and engaging for its players. At the same time, it wants to build a platform that generates revenue for both game developers and content creators. Most importantly, the company will reward the users generously for their time, investment, and focus. The team is building a framework that will allow anyone to create and publish multiplayer online games on the blockchain. It will provide all the tools needed to succeed.

The company believes that digital assets owners will be at the forefront of this new era of gaming. Non-fungible tokens and blockchain tech will transform the industry as a whole, and it wants to be there when that happens.

 

What about the PlayZap team? 

It’s important to know that the team you ensure your money with is competent and experienced. PlayZap’s team definitely has that covered. Its members are experts in game development and blockchain technology. Moreover, they are highly motivated to bring an Esports styled experience to the casual player’s community, as well as ensure fair rules and a secure environment for users to compete in and win tokens.

The company plans to publish a variety of skilled, competitive games on PlayZap. Its in-house team will be able to add the games, along with second and third-party developers and partners. Meanwhile, the players will have the opportunity to earn $PLAYZAP tokens and build their reputation as gamers.

The team has built this platform on a decentralized blockchain metaverse, and it claims to be the only institution in the space that rewards gamers on the sole basis of their in-game performance. The company will provide a space for users of all backgrounds and skill levels. The players will be able to compete for glory and rewards on their terms and in the games they love. PlayZap’s goal is to bring a mainstream audience of non-developer enthusiasts and players together into the world of blockchain gaming.

Furthermore, this is the first app that allows users to connect their favorite dApps games to its platform. It will enable gamers to trade, search, use, and sell their favorite NFTs and ERC-721 tokens in all different dApps. PlayZap allows customers to manage their digital assets across blockchains easily. It also enables them to trade and exchange these digital assets with other players or with its marketplace.

 



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