Welcome to the 40th edition of the Decentral Games Newsletter! Our objective is to keep our community informed of development progress, DAO treasury performance, and upcoming metaverse events. Join our Discord and follow us on Twitter.
✅ Summary
ICE Poker
Auto-staking of Gov Rewards
Events Recap
Development Focus
ICE Poker
We’ve finalized the process to claim ICE tokens following a day of playing ICE Poker via gas-less meta-transactions on Polygon.
And added an ICE Poker Landing and Get Started page to the website to onboard new players.
ICE-USDC LP
Following execution of this governance proposal, the DG DAO Treasury added ~$1M USD of liquidity to the ICE-USDC Quickswap pair.
ICE Poker Genesis NFT Minting
We will announce the ICE Poker NFT Genesis Mint in our Discord shortly before conducting it on the Decentral Games marketplace this week!
Make sure you have at least 1 $DG staked in governance and 0.1 WETH on Polygon in order to mint a Genesis ICE Wearable NFT. To prepare for the sale use the Polygon Bridge to migrate ETH to Polygon WETH.
Auto-staking of Governance Rewards
A Decentral Games DAO proposal to create a new DG Governance V2 Contract with auto-staking and accrual of rewards has passed. The design features the minting of a new token, xDG, which will represent your share of DG staked in governance and realize compounding rewards in real time (similar to SushiSwap’s xSUSHI and QuickSwap’s dQUICK).
Today, over 237k DG tokens are staked in the pool, earning 600 DG per week in rewards. This update to the governance contract will be rolled out alongside our upcoming 1:1000 DG token split, which is targeted for next month. Stay tuned for more details!
Events Recap
We continued our weekly community High Hand poker competitions:
Decentraland hosted a massive virtual music festival featuring a performance from Deadmau5:
💰 DAO Treasury Snapshot
We’ve added more DG tokens to the treasury from the team, added a ICE Wearable Sales section, added ICE-USDC LP to the Liquidity Provided breakdown, and added ICE to the Gameplay Hot Wallet to accommodate gameplay in ICE.
The DG DAO treasury now holds $18.31M USD.
Visit the Treasury Dashboard to view it in real time.
🏛 Governance Proposals
Passed:
Auto-Compounding for New $DG Governance Contract, which will create an ERC20 token, xDG, that would represent your stake in Decentral Games Governance and would accrue/auto-stake governance rewards
Active:
Update & Clarify Rewards Period, which would shorten rewards periods for governance and LP to 2 weeks, in order to provide the DAO with more versatility
📈 DG Yields
You can currently earn yield on your $DG in the following pools:
Decentral Games Governance: 13% APY (in $DG) for $DG on Ethereum
Uniswap V2: 38% APY (in $DG) for DG-ETH on Ethereum
Sushiswap: 33% APY (in SUSHI) for DG-ETH on Ethereum
Dinoswap: 88% APY (in DINO) for DG-USDC on Polygon
SushiSwap: 29% APY (in SUSHI and WMATIC) for DG-WMATIC on Polygon
📆 This Week’s Events
Virtual events bring the community together each week to play games, hang out, enjoy live music and win prizes! Make sure to swing by and claim your Decentral Games POAPs at the following events this week:
Monday, Oct 25
Crypto Casino Night with DJ performance, featuring $2,500 USD+ in prizes up for grabs @ 10pm UTC / 6pm 👉 RSVP | Hop in
Wednesday, Oct 27
Chateau Satoshi Crypto Casino Night competition, featuring $2,500 USD+ in prizes up for grabs @ 7:30pm UTC / 3:30pm EST 👉 RSVP | Hop in
Thursday, Oct 28
Asia & Australia Crypto Competition, featuring $2,500 USD+ in prizes up for grabs @ 1pm UTC / 9am EST 👉 RSVP | Hop in
Friday, Oct 29
NFT Crypto Casino Night featuring $2,500+ in prizes up for grabs, with DJ performance @ 9pm UTC / 5pm EST 👉 RSVP | Hop in
👉 Check our events page for easy access to upcoming events!
💻 Development Focus
This week, the Decentral Games team is working on:
ICE Play-to-Earn Poker final optimizations, prepare for NFT drop
ICE Poker daily/weekly/monthly leaderboard
Crypto poker development/testing
FREE Play tournament optimizations
About Decentral Games
Decentral Games is a metaverse-native gaming DAO building play-to-earn poker, blackjack, roulette, and slots. DG Hodlers vote on treasury management, economic policy, and development to grow and strengthen the Decentral Games ecosystem.
Play Now | Treasury | Gov | DG Docs | ICE Docs | Discord | Telegram | Twitter