Gamified Liquidity Pool: Revolutionizing Yield with Interactive Finance
The rise of DeFi has opened up new avenues in which users can earn yield on their assets, but the idea of a gamified liquidity pool pushes this further by combining finance with interactivity reminiscent of games. Besides scaling user engagement with the platforms, this also fuels more liquidity into the DeFi ecosystems as processes that would otherwise have been boring for earning yield are now made more enjoyable and rewarding. Gamified liquidity pools are traditional models of liquidity provision integrated with game mechanics, such as rewards, challenges, and progress tracking. For example, platforms like PoolTogether allow users to participate in no-loss lotteries, in which yield is created from staked assets. Instead of that yield being equally distributed among participants, it is pooled into a prize one lucky participant wins. This creates the excitement of a lottery but without any chance of actually losing an initial investment. Other platforms incorporate game-like elements,...