Sealem Lab - the next-generation DeFi+Gamefi protocol

Please read the information about this project. may be useful ,

What is Sealem Lab?

Sealem Lab, the next-generation DeFi+Gamefi protocol, is building an ecosystem of DeFi+Gamefi products that will interoperate to maximize returns while minimizing risk to users.

This focus supports the opportunities we choose to evaluate and the decisions we make, as we cannot capture every opportunity, but only those with clearly unaddressed needs and market gaps that bring synergies to the Sealem ecosystem.

By doing so, we will be able to thrive and dominate these verticals, continue to disrupt the industry, and deliver a superior value proposition compared to existing solutions in the market.

Sealem Lab Background

Sealem Lab is a comprehensive cryptocurrency research and development company headquartered in Dubai. It has intellectual property rights and other services for all core technologies of its products. It owns a number of chain games developed based on Unreal Engine, such as Sacred Realm.

DeFi , GameFi & P2E

Decentralized Finance (DeFi) is an emerging financial technology based on secure distributed ledgers similar to those used by cryptocurrencies. The system removes control over money, financial products and financial services by banks and institutions. Some of the main attractions of DeFi for many consumers are:

It eliminates the fees that banks and other financial companies charge for using their services.

You store your money in a secure digital wallet, not in a bank.

Anyone with internet connection can use it without approval.

You can transfer funds in seconds and minutes.

In the DeFi space, token-based transactions such as lending and borrowing take place on the blockchain, a decentralized digital ledger similar to the one Bitcoin originally used. In its most common usage, GameFi refers to decentralized applications ("dapps") with financial incentives. These typically involve tokens as rewards for performing game-related tasks, such as winning battles, mining valuable resources, or growing digital crops. This is a method also known as "making money". In many GameFi apps, users can also make passive money by letting others mine their virtual land. They can also earn interest by lending assets such as digital characters or depositing them in so-called staking using technology developed by DeFi platforms.

"P2E (Play-to-Earn) is the latest development in the gaming industry. It is a business model that embraces the concept of an open economy and provides economic benefits to all players who add value by contributing to the gaming world." In conclusion, now Gamers are no longer paying for games as they used to, but making money from them.

What is Bond?

When users mint ST tokens, they are actually selling a specific asset to buy ST bonds from the protocol. The agreement references the mint's transaction terms at a future date. These terms include the predetermined amount of ST that the mint will mint and when the vesting is done. Bonds become callable upon vesting.

Users cannot withdraw earnings during the 14-day period. Bonds are an active short-term strategy. The price discovery mechanism of the secondary bond market makes mint discounts more or less unpredictable. Therefore, minting is considered a more active investment strategy that must be constantly monitored in order to be more profitable compared to staking. Allowing users to buy bonds through Bond allows ST to continuously accumulate its own liquidity (LP). More LPs ensure that there is always locked exit liquidity in our trading pools to facilitate market functioning and protect token holders. As ST becomes its own market, in addition to providing additional certainty to ST investors, bondholders of the protocol receive more and more income.

Each bond cycle: 12:00 pm (UTC) every Friday to 12:00 pm (UTC) the next Friday

Bond Amount per Issue: 1 million LP

Each bond base rate: Dynamic interest rate - (real-time change according to total liquidity) / Fixed interest rate - manually configured according to TVL

Tax rate: 1% on a base basis, and an additional 0.1% tax on every $1,000 of bonds purchased thereafter, subject to a cap of 10%.