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PYUSD Loans and Tokenized Assets: A New Era in DeFi

Unleashing Potential: PYUSD Loans and Tokenized Real World Assets In a groundbreaking development within the decentralized finance (DeFi) sector, a Swiss-based platform, Backed, has emerged as a pivotal player by powering PYUSD loans through tokenized Treasury Bill ETFs. This innovative approach not only enhances the utility of PYUSD but also provides new avenues for users to earn yield on their deposits, thus reshaping the landscape of stablecoins and lending markets. The Mechanics of PYUSD Loans Depository Functionality : Users can deposit PYUSD, a regulated USD stablecoin issued by Paxos for PayPal, into a Morpho Blue vault. This vault supports two types of collateral: Backed's tokenized Treasury Bill ETFs Lido’s wstETH Yield Generation : Depositors of PYUSD earn yield by lending to borrowers who take out loans. This dual engine mechanism—an innovative blend of real-world yields and crypto rewards—optimizes returns across varying market conditions. Tokenized Rea
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Produced by Daniel Aharonoff & Mogul Media AI

Unveiling the Three Kingdoms Play to Airdrop Rewards: Claim Your Share in the SAGA Token Launch!

The Three Kingdoms play to airdrop campaign offers an exciting opportunity for players of games on three networks to potentially claim a share of the upcoming SAGA token launch this spring. Saga's co-founder and CEO, Rebecca Liao, has hinted at plans to offer play to airdrop rewards on other chains, including Avalanche and Polygon, thanks to collaboration agreements with the firms supporting these respective chains. Saga recently announced airdrop eligibility for certain users across multiple chains, paving the way for an engaging and rewarding gaming experience.

Three Kingdoms Competitions

  • The Three Kingdoms competitions are set to kick off on Saturday, January 20, featuring games like Forest Knight, MixMob, Necrodemic by Bullieverse, and StarHeroes.
  • Saga will also host a kickoff tournament and stream on Saturday, led by Bryce "Brycent" Johnson, a well-known blockchain game streamer and member of esports organization XSET.
  • Viewers of the stream will have the chance to win airdrop rewards, as well as potential token rewards or NFT mints from individual game projects.

Participating Games

  • Apart from the initial games, several other notable titles will join the Three Kingdoms campaign in the coming weeks. These include:
  • Card battler Parallel GG, the 2023 game of the year.
  • First-person shooter Shrapnel.
  • Move-to-earn game Stepn.
  • Social strategy game Gas Hero.
  • Mech shooter Phantom Galaxies.
  • Angelic, Love Monster, Megaweapon, and Yuliverse.

Airdrop Restrictions

  • While the airdrop presents an exciting opportunity, it's essential to note that some restrictions apply. For instance, United States residents are not eligible for SAGA rewards. This limitation is a common practice in the industry to comply with regulatory requirements and ensure a fair distribution of rewards.

The Three Kingdoms play to airdrop campaign promises an engaging and rewarding experience for players across multiple gaming networks. With a diverse range of games participating and the potential for exciting rewards, this initiative is set to captivate the gaming community and showcase the innovative possibilities of blockchain technology in gaming.

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