Today I was motivated to post some information about dCity from a very beginner perspective. Some of you may know I wrote the New Beginner's Guide to dCity, which might be good follow-up reading to this post, but today I realized today that there was some space previous to this guide to 'the game' as such.
Maybe you heard about the 100 days of Giveaway, maybe you saw dCity sponsoring several Splinterland Tournaments, or maybe you found dCity somewhere else - Welcome. dCity welcomes you. Come along with me because there is a lot to learn.
First we need to talk about SIM
SIM is the official currency of dCity!
Just hold SIM on your HIVE account and watch like magic as your SIM Power rises daily to the equation of a 30-day weighted average. SIM Power pays out HIVE rewards daily, and has for years - the size of the rewards being dynamic and calculated partially with in-game governance - where SIM Power holders can vote.
Once you are above 8000 Sim Power liquid HIVE 'holding rewards' will activate automatically - all through the power of @gerber's development. Holding rewards are paying out approximately 40% apr in liquid HIVE at the time of writing.
Once you are above 1 million SIM Power, welcome to the SIMClub! Here you can access additional benefits, such as participating in the exciting 100 days of giveaway. These 100 days are just extra, attention grabbing giveaways to help new users discover the magic of SIM Power!
If you buy 1 million SIM today, it will take you 30 days to reach the club, but you can hack the equation and purchase 5 million SIM today and get in in just 6 days! You'll find dCity's gamifyed de-fi platform always gives the most rewards to players who think one step ahead.
You may soon discover that behind dCity's advanced holding and staking de-fi platform is a whole game built around NFT pieces or 'cards'. SIM can be turned into buildings or citizens at any time by various mechanisms including a complete multi-currency market system with advanced metrics. Buy sell and bid for your favorite or most needed game pieces!
Welcome to dCity New Player - a whole open-world game is laid out before you. How deep you go, is up to you.
SIM: SWAP:HIVE LP
Don't forget that SIM enjoys its very own LP, paired up with swap.HIVE. By providing Liquidity you also get SIM Holding rewards, but only on the SIM half, and can maintain SIM millionaire status if you have enough in the LP.
The LP pays out 53.3% in SIM and BXT rewards, relative to prices at the time of posting, plus the holding rewards on the SIM half adds up to ~74% apr. You decide if the increased APR is worth the risk of impermanent loss - learn about these and other topics while you play dCity's gamifyed de-fi!
