Welcome to the 5th edition of the Decentral Games Newsletter! Our objective is to keep the Decentral Games community informed regarding upcoming events, news, product updates, and governance proposals. If you’re interested in learning more about Decentral Games, join our Discord and follow our Twitter.
Last Week’s Summary
Decentral Games has officially become the first in-world employer in the open Metaverse! Casino floor hosts will onboard and play games with new visitors, ensuring everyone receives the full social and immersive experience of our casinos. If you are interested in becoming a $DG host, reach out to us on Discord.
Treasury Update
The Decentral Games DAO treasury grew from $2.4 million USD to $2.9 million USD, and the first governance proposal to allocate gameplay treasury funds was implemented! The $DG treasury now holds 4.9% of the Uniswap ETH-DG pool, and will allocate another $150,000 USD to a Curve stable coin yield. For a full breakdown, visit the DAO Treasury dashboard.
Last week, we completed the following:
Monday, February 15
Announced first DG meme competition winners and distributed prizes | Tweet
Hosted Casino Night with DJ performance featuring $2,400+ USD in prizes | Tweet
Separated API and websocket servers to push updates to API without interrupting gameplay
Tuesday, February 16
Moved 22.5% of the gameplay treasury into ETH, matched with equivalent $DG, and entered the Uniswap ETH-DG pool as an LP, added UNI V2 ETH-DG token value to treasury dashboard
Hosted Mattie Live Art NFT Auction featuring $400 USD in prizes | Tweet
Strategic partnerships for custom venues gov proposal passed, which allows the DG team to negotiate strategic partnerships by offering a percentage of the house rake paid quarterly for that venue
Wednesday, February 17
Deployed western-themed saloon to start community poker beta testing
FREE PLAY Casino Night with WIP Community featuring $650+ USD in prizes | Tweet
Thursday, February 18
$DG Hodler Round Table to discuss open DAO proposals and game development | Tweet
Added UNI V2 ETH-DG LP treasury balance to Discord/Telegram bots
Added 2 more roulette and 2 more blackjack tables in the upstairs of Tominoya Casino to cater to more players during competitions
Friday, February 19
Added $DG raffle airdrop winners announcement to on-screen UI during events
Hosted Casino Night with DJ performance featuring $3,000+ USD in prizes | Tweet
Added guided website onboard to streamline UX for first time players
Saturday, February 20
Casino Night to celebrate Decentraland’s 1st Birthday Party with Harrison $FIRST DJ performance featuring $3,000+ USD in prizes | Tweet
Allocation of Gameplay Treasury DAI to Curve Yield Generation gov proposal passed, which allocates 150,000 DAI from the gameplay treasury for yield farming in Curve pools
This Week’s Agenda
Virtual events bring the community together each week to play games, hang out, enjoy live music, discuss $DG governance, and win prizes! Don’t miss out on the following events this week:
Monday, February 22
Casino Night with Emanate DJ performance @ 9pm - 10pm UTC featuring $3,000+ USD in prizes | RSVP | Add to Calendar | Hop in
Tuesday, February 23
Live VicSM NFT Art Auction @ 10pm - 11pm UTC featuring $400+ USD in prizes | RSVP | Add to Calendar | Hop in
Wednesday, February 24
Coingecko ‘Into the Metaverse’ live stream in Decentraland featuring our project lead Miles @ 2pm UTC / 9am ET | RSVP
FREE PLAY Casino Night with WIP Community @ 8:30pm - 9:30pm UTC featuring $650+ USD in prizes | RSVP | Add to Calendar | Hop in
Friday, February 26
Casino Night with Emanate DJ performance @ 9pm - 10pm UTC featuring $3,000+ USD in prizes | RSVP | Add to Calendar | Hop in
Deliverables
We are focused on the following items this week:
Deploy 150,000 DAI from gameplay treasury to yield generation strategy
Finalize casino host hires, schedule to ensure there are always at least 2 hosts in the casino to onboard and play with new players
Optimize roulette and blackjack smoothness/scalability
Development of affiliates dashboard with rewards tracking data
Commence poker closed beta testing, optimize gameplay
Active Governance Proposals
Give DG Team Discretion to raise Max Bets, which allows the DG Team to adjust max bets in response to treasury market conditions
Raise Max Bet to 1,000 DAI, which raises max bet for blackjack and roulette non-singles to 1,000 DAI
Change Affiliate Program to DAI, which would change $DG rewards paid to affiliates to DAI (or MANA) based on the token of gameplay
Give DG Team Discretion Over Yield Farming Strategy, which would allow the DG team to have discretion over DAI yield farming strategy
Have a great week! 🚀 $DG
About Decentral Games
Decentral Games is the first DAO-governed metaverse casino. $DG hodlers vote on treasury management, economic policy, and game development to grow and strengthen the $DG ecosystem.
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