How To Get Rich Playing DEO Arena

Written by boomerang | Published 2022/08/19
Tech Story Tags: defi | substrate | cryptocurrency | technology | play-to-earn | gaming | tech | decentralization

TLDRDEO Arena is a skill based game where players battle against each other to win cryptocurrency token $DEO.via the TL;DR App

This article will provide all the information you need to maximize your profits playing DEO Arena.

We will do this in four parts;

What Is DEO Arena?

Deo Arena Tokenomics.

Demeter Farm.

Strategy For Maximum Profit.


What Is DEO Arena?

DEO Arena is a skill based game where players battle against each other to win cryptocurrency token $DEO.

DEO Arena is a 2D in-browser game.

There are 6 different characters and 8 different weapons.

At the beginning of the game, players are housed at their bases in the arena and are able to choose one of three random weapons which spawn.

Players are able to take their opponent’s weapons and collect pickups (health, regen, shield…).

Kill your opponent to win.

In a later release of the game, you will be able to invite friends to a 1v1 , own more characters, clan battles, new characters, custom games and more.

Winning matches in DEO Arena depends purely on your skill level, there are no purchasable or earnable advantageous items.

DEO Arena Tokenomics

For this we must look at two parts ;

Match Tokenomics & Tournament Tokenomics

Match Tokenemomics :

  • One game costs 4 $DEO for each player (8 $DEO)
  • The winner receives 87.5% (7 $DEO) and 12.5% is burnt (1 $DEO).

Tournament Tokenomics :

  • Each Tournament will last for 4 weeks.
  • Each match played scores you 1.5 points.
  • Each win scores you 0.75 points.
  • Each match played while holding a DEO Arena NFT gives a Tournament points boost.

DEO Arena NFT Boost value:

  • First 50 games +0.075 points
  • 50th to the 150th game +0.1 points
  • 150th to the 300th game +0.125 points
  • 300th to the 500th game +0.15 points
  • 500th game onwards +0.2 points

Total prize pool for the first Tournament is $20,000 in $XOR

Your Leaderboard position determines your Tournament prize.

Diamond rank — $5,000

  1. $2,000
  2. $1,250
  3. $500

4–5. $250

6–10. $150

  • Platinum rank — Next 5% of players — $4,000
  • Gold Rank — Next 15% of players — $5,000
  • Silver rank — Next 30% of players — $6,000
  • Bronze rank — Better luck next time

Demeter Farm

Demeter Farm (farming.deotoken.io) is a Decentralized App (Dapp) on Sora Network (Sora.org).

On this Dapp farmers can earn trippple rewards, $PSWAP$DEO and $XSTUSD with the same Liquidity.

DEO Farm Rewards are paid out for a 4 year period.

$DEO is the primary reward token for the Dapp.

Due to the inflationary Tokenomics of $DEO, the Ceres team (Cerestoken.io) developed an innovative secondary burn mechanism, DEO Arena.

The burn from each game played (12.5%) will keep the farm APRs high (90% at time of writing) and token inflation minimal or potentially deflationary.

The Demeter FarmDEO arena and DEO Arena Tournament are designed to work together in harmony to maximize long term value and ease of entry for new farmers & players.


If you would like to support my work for 0 cost, please use my Polkaswap referral link here and DEO Arena referral code — UYEhUYZLOEpfPPN3n1OkQXCe

Strategy For Maximum Profit

Before You Play

Use your DEO Arena referral code to invite as many people as possible, you earn 1.25% of every game they play !

Ensure you have a DEO Arena NFT in your wallet for the Tournament points boost. Available to purchase at deoarena.io

Strategy

Stake your $DEO tokens on Demeter Farm (farming.deotoken.io) currently 90% APY.

Use your farm rewards to play DEO Arena and compete for more $DEO and Tournament Prizes, risking none of the $DEO tokens you initially purchased.

With each win earning you 87.5% of the pot you must win 57% of games played to be in profit, remember DEO Arena is a skill game where you must be better than your opponent.

The Tournament tokenomics incentivize a high number of games played.

You should aim to hit the breakeven point of winning 57% of matches played.

Hitting the 57% breakeven match wins, gives you leaderboard points at 0 $DEO cost, though winning a higher % will yield match profit as well as Tournament points.

Farm rewards end after a 4 year period, this will stop $DEO token issuance. From that point $DEO will be a purely deflationary token due to the DEO Arena burn. For that reason, it is assumable that from that point onward the $DEO token will be most valuable.


Useful links and guides you may need ;


Written by boomerang | Let's use the wisdom of the crowds, to liberate the system.
Published by HackerNoon on 2022/08/19