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STAR DUKE: Can a Strong DeFi Model Unlock the Prosperity of GameFi?

Cointime Official

TAR DUKE: A blockchain game that incorporates DeFi + NFT

STAR DUKE is a community-driven blockchain game built on the BNBC chain (formerly BSC). It aims to enhance player engagement and overall entertainment through the distribution of SDK tokens.

Combining the advantages of DeFi and NFT, STAR DUKE adopts an innovative inclusive economic system, empowering players through financial mechanisms and game systems. By incorporating DeFi+MINING+NFT+GAME, STAR DUKE aims to create a truly unique and sustainable Play-to-Earn (P2E) metaverse.

In the backdrop of STAR DUKE's setting, the Earth's environment has deteriorated, impacting human life significantly. Therefore, exploring a new home in outer space has become an urgent matter.

To search for planets suitable for sustaining human civilization, many nations have formed the Outer Space Exploration Organization, and the space explorers are known as STAR DUKE.

To some extent, the creation of STAR DUKE is also intended to call for the protection of the Earth's environment while stimulating people's imagination about the universe.

Gameplay

In the STAR DUKE game, players assume the role of explorers of extraterrestrial civilizations known as STAR DUKE.

Before entering the game, players need to purchase a mysterious box of planetary land, which can yield three types of civilization lands. STAR DUKE has established multiple game scenes to represent different planetary exploration environments.

It is reported that STAR DUKE will introduce elements such as planetary research bases and spacecraft to assist players in exploring planets and creating an environment for various activities and explorations.

In the STAR DUKE game, players will arrive on a new planet as STAR DUKE and extract SDK ore to obtain cosmic energy. By constructing the planet, players continue to develop human civilization and prepare for the subsequent interstellar migration of humanity.

The specific game modes in STAR DUKE include:

1.     Mysterious Box Game

Players can purchase mysterious boxes in the game's app store to obtain different types of NFTs, such as planetary land NFTs, research base NFTs, and spacecraft NFTs.

Mysterious boxes will randomly yield NFTs of different qualities and levels. The higher the quality and level, the higher the computational power of the NFT, resulting in higher yields in the mining mode. Players can combine NFTs of different qualities and levels to mine ores and earn different profits.

2.     Upgrade Mode

Players can upgrade the planetary research base NFT and spacecraft NFT using tokens to achieve higher profit growth rates.

3.     Trading Mode

Players can act as merchants and resell NFTs on the secondary market to become NFT traders in the game.

4.     Governance Mode

Players can participate in the governance of Star Duke DAO to receive various benefits generated by Star Duke DAO.

Token Economy

Star Duke Token (SDK) is the core token asset of Star Duke and belongs to the BNBC-BEP20 token standard. The total token supply is 100 million. It also serves as the governance token of the Star Duke ecosystem.

1.     Deflationary Mechanism

The Star Duke ecosystem incorporates a multidimensional deflationary mechanism design to maintain price stability through continuous SDK consumption. Token consumption occurs in the following scenarios:

1)      Transaction Service Fees

Transactions that occur within the Star Duke ecosystem will incur transaction and swap service fees. Specifically, each transaction will generate a 3% fee, which will be paid in SDK. The fee distribution is as follows:

A. 0.8% distributed to all token holders

B. 1.2% locked in the liquidity pool to create a stable price floor

C. 1% allocated to the charity address 0x2FF4182dF3c7a7f977d58C27ceDe0a3de71aeDe6

2)      NFT Upgrade and Mining Energy Restoration Fees

In the Star Duke ecosystem, users can upgrade planetary research bases and spacecraft by consuming SDK. Additionally, planetary research bases and spacecraft lose energy through mining and require SDK for energy restoration.

3)      NFT Secondary Market Transaction Tax

A 1% tax is imposed on buying and selling NFTs in the secondary market.

4)      Liquidity Mechanism Service Fees

A portion of the service fees will be used for SDK buybacks to increase liquidity.

5)      Other ecosystem expenses of Star Duke

2.     SDK Staking

Star Duke introduces token staking, allowing players to earn rewards by staking SDK.

Currently, staking activities include four durations: 30 days, 90 days, 120 days, and 360 days, each corresponding to a different annual percentage rate (APR).

Staking rewards are calculated on a daily basis. Consequently, players' earnings will be automatically compounded, accumulating income into the staked principal as the principal for the following day, thereby expanding the returns.

Users will receive the staked SDK at the end of the lock-up period.

3.     LP Liquidity Mining

Players can earn rewards by providing liquidity for the SDK/USDT or SDK/BNB trading pairs.

Ecological NFT Introduction

1.     NFT Planetary Land Mystery Box

Planetary Land NFT is a prerequisite for entering the game. Each user can own multiple Planetary Land NFTs, and players can change the game's scenery by switching between different types of land in use.

Each piece of land can accommodate three Planetary Research Base NFTs and three Spaceship NFTs.

The Star Duke ecosystem includes three planetary civilizations, corresponding to three levels: R, SR, SSR. Different levels of Planetary Land have different types and characteristics, and each level of Planetary Land NFT will have a different income growth rate. Additionally, each level will have different probabilities for obtaining NFTs from mystery boxes.

The characteristics of different level planets are shown in the following diagram:

2.     NFT Research Base Mystery Box

Research Bases are used for exploring and researching the living environment of planets and are divided into three levels: R, SR, SSR.

Each level contains 1-5 stars, corresponding to different types of Research Bases. Different star levels of Planetary Research Bases also have different income growth rates.

3.     NFT Spaceship Mystery Box

Spaceships are the primary means of transportation in the Star Duke ecosystem and are divided into three levels: R, SR, SSR.

Each level contains 1-5 stars, corresponding to different types of Spaceships. Different star levels of Spaceships also have different income growth rates.

DAO Governance

Star Duke DAO is established by the DAO Foundation and consists of players who hold platform NFTs. DAO members have voting rights and the power to govern the development of the platform ecosystem.

Members can participate in community governance by holding NFTs. The community formulates a decision-making mechanism through committees and foundations, allowing all participants in the community to vote on major matters related to Star Duke DAO. The rights of Star Duke DAO members include:

1.      Right to propose motions

2.      Voting rights

3.      Ecosystem governance rights

4.      Token and NFT airdrops

5.      Ecosystem co-building rights

Conclusion

In the author's view, the game design of Star Duke has a strong DeFi element and essentially operates as an NFT mining model.

Under this model, the entire Star Duke ecosystem will undoubtedly have strong financial feedback, which will attract a certain number of players. However, this also means that the design requirements for the economic model will be more stringent. We can observe its development and operation to make a more detailed assessment in the future.

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