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In the run-up to the debut of its staking platform, the intriguing new play-to-earn (P2E) project known as Battle Infinity aims to once again provide a significant price pump to the cryptocurrency market.
Battle Infinity is a cryptocurrency project designed in the form of a P2E Metaverse that will provide investors with many ways to earn money. Investors have the opportunity to take part in tournaments open to the entire community and receive rewards by utilizing IBAT, the local cryptocurrency.
The IBAT Premier League is a non-centralized networked fair trade-based sports fantasy tournament, and it is one of the playable P2E features. Members of the network will also have access to a Metaverse-like platform referred to as the Battle Arena. On this platform, all characters and avatars will be minted as NFTs via ERC 721 smart contract protocols.
The Battle Infinity (IBAT) project, which was one of the cryptocurrencies with the most rapid growth in 2022, was met with tremendous success during its presale, which came to a close in August. Within the first 24 days of the presale, the token generated BNB worth a total of 16,500. After the IBAT presale was finished, the cryptocurrency was released on PancakeSwap, which is a well-known decentralized exchange.
In between time it was trading at just $0.0015 per token and the time it reached around $0.11 per token in August 2022, the price of IBAT climbed by a factor of seven, which can be expressed as a percentage. By obtaining listings on LBank and Gate.io, IBAT is swiftly establishing itself as one of the most promising new cryptocurrencies that will be available for purchase in September 2022. In addition, recent breaking news regarding the launch of Battle Infinity’s P2E feature may result in more price rises over the course of the following several months.
How Does Staking Work In Battle Infinity?
On Battle Stake, players may compete with one another to earn larger yearly percentage returns by staking (APYs).
On Battle Stake, players may compete with one another to earn larger yearly percentage returns by staking (APYs). Following are the types of staking:
Solo Staking
You can directly stake your IBAT Tokens in order to earn a high annual percentage yield (APY) on their tokens. Monthly, semiannually, and annually defined liquidity pools are established.
Duo Staking
Duo Staking allows users to stake any token in combination with the platform’s own IBAT token in order to accrue interest. This will allow you to make a passive income on your preferred tokens and currencies, such as ETH, DOGE and BNB, etc., as well as our platform’s own IBAT token. Stable currencies like USDT, BUSD, etc., are also eligible for APY earnings.
Crates Staking
You can purchase NFT crates on our combat market and then using the corresponding NFT key to open the box. Keys may be purchased on the Battle Market or won in IBAT Battle Games. Depending on the crate type, you will have to wait for a while in order to collect the keys needed to open them.
There are 3 categories of Crates come in three distinct varieties:
Free Crates
You may get free crates by playing games and completing daily challenges. These are more typical and can be used when a shorter length of time has passed.
Silver Crates
You can buy these crates from the IBAT Battle Market or as rewards for weekly leaderboard placement. They are more abundant than free crates but less so than gold crates.
Gold Crates
You can purchase them from the IBAT Battle Market or win them by placing first or second on the monthly leaderboard.
These crates aren’t just a way to rack up IBAT tokens; they also include unique prizes, coupons, bonuses, etc. Rarer crates include an exponentially higher number of IBAT tokens and other rewards. These cases may be bought, sold, and traded on the IBAT Battle Market.
Will the Release of the IBAT Staking Platform Trigger a Bull Run?
The IBAT Battle Stake, which is the platform’s very own betting platform, is one of the numerous features that have been promised for Battle Infinity. Investors can build their interest in IBAT holdings by participating in solo staking activities on the Battle Stake platform. Traders also have the ability to earn interest on IBAT against the value of other tokens thanks to the pair staking options.
In a tweet that was posted not too long ago, Battle Infinity mentioned that the staking platform should be available very soon. Investors should anticipate an increase in trading activity as a result of the launching of the platform since members of the platform will be eager to earn interest on any IBAT assets they have. IBAT is now trading at around $0.0041, making it a possible candidate for a long-term investment despite its low price.
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