press release. Internet City, Dubai, Feb. 7, 2023 – LBank Exchange, the global digital asset trading platform, will list Fief (FIEF) on February 8, 2023. For all LBank Exchange users, the FIEF/USDT trading pair will be officially available for trading at 6:00 UTC on February 8, 2023.
Fief Protocol is the decentralized application layer on top of Fiefverse, an open world voxel RPG. its original symbol FIEF It will be listed on the LBank Exchange at 6:00 UTC on February 8, 2023, expanding its global reach and helping it achieve its vision.
Introducing the Fief Protocol
feudal protocol It features a set of decentralized applications (dapps) specifically designed for NFT and metaverse games.
With a focus on the user experience, dapps for the Fief protocol allow players to seamlessly trade or earn rewards with the in-game assets held in their wallets. These dapps serve either to reward players from Fief’s metaverse or to incentivize players from outside projects to adopt Fief as their primary trading platform.
Points of Influence (IP) are unique to Fief, a non-transferable, off-chain currency that draws inspiration from the in-game currencies found in popular Web 2 game titles. With IP, Fief Protocol can add a gated mechanism and additional rewards to their dapps that allow the platform to attract users and liquidity while maintaining sustainable alignment with the Fief economy.
The Fief protocol is built on top of the file feudalism, an open-world voxel RPG that lets players control a unique Avatar to explore, battle, craft, and more. Fiefverse acts as a stable and growing source of IP, further supporting its usefulness within the dapp Protocol Fief layer.
While developing the main Fiefverse game title, the team plans to release a series of mini-games, starting with the Wave Defense title in the first quarter of 2023. These mini-games are free to play and reward players with IP as well as other in-game items.
Fief Protocol currently features the FIEF Staking dapp and the Fief Shop, which allows users to purchase Fiefverse items using an IP. In the coming weeks, Fief Protocol will launch feudal chata forum and direct messaging app built on top of influence points and avatars, and Looting farmswhich is an IP gated staking dapp that features many types of rewards.
About the FIEF code
FIEF is the official utility symbol for the Fief protocol. FIEF can be wagered to unlock voting rights and earn DeFi and game prizes.
The primary use case for FIEF is the permanent production of an IP when betting. Currently, each monitored FIEF produces 0.03 IP per day. Stakers of FIEF enjoy a steady stream of in-game currency rewards that they can spend freely. Over time, the FIEF stack will earn voting rights to dictate the distribution of ETH fees generated via dapps on the Fief Protocol to Loot Farms.
This system aligns purchase demand and participation in FIEF with the desire of third-party metaverse projects to pay rewards of ETH to their in-game assets, including fungible in-game coins and NFTs.
FIEF has a total supply of 500 million (that is 500,000,000) with a current circulating supply of 128,180,693. More information about the supply and distribution of FIEF can be found at Project official documents.
The FIEF token will be listed on the LBank Exchange at 6:00 UTC on February 8, 2023, and investors interested in investing in FIEF can easily buy and sell it on the LBank Exchange by then. Listing the FIEF token on LBank Exchange will undoubtedly help it expand its business and attract more interest in the market.
Learn more about the FIEF code:
Official Website: https://www.fief.gg
LBank is one of the best cryptocurrency exchanges, which was founded in 2015. It offers specialized financial derivatives, specialized asset management services, and secure cryptocurrency trading to its users. The platform accommodates more than 7 million users from more than 210 regions around the world. LBank is a growing, cutting-edge platform that ensures the safety of users’ funds and aims to contribute to the global adoption of cryptocurrencies.
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