Zookeeper, A New NFT Based Yield Farming DApp
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Zookeeper, A New NFT Based Yield Farming DApp

THELOGICALINDIAN - On April 10th 2024 the ZooKeeper DApp emerged on Wanchains mainnet to accompaniment addition Wanchain association DApp Wanswap

ZooKeeper is a gamified crop agriculture DApp congenital on Wanchain, area the focus of the aggregation was to accomplish crypto agriculture a lot added fun and rewarding. 

For about a anniversary now, it’s been accessible to bifold acreage ZOO and WASP tokens accompanying for aerial APY rewards. ZooKeeper is already accepting a lot of absorption and agitative acknowledgment from abundant communities beyond assorted amusing media platforms.

What’s all the action about?  Well it’s not aloof the aerial APYs with bifold farming; it’s additionally the NFTs.  Unlike best (if not all) NFT based DApps, ZooKeeper NFTs accept an accomplished use case.  ZooKeeper NFTs can be apprenticed to the clamminess basin actuality farmed to addition users’ rewards.  On top of this, if the basin actuality farmed has had clamminess (optionally) bound for a set bulk of time, these NFTs will abate this lock continuance too.

So how does it work?

The aboriginal affair you’ll apprehension on the belvedere is The Zoo – area every clamminess basin has its own air-conditioned beastly mascot. At the time of writing, all pools administer bifold rewards (ZOO and WASP), although this will not consistently be the case.

To booty advantage of the abundant APYs on ZooKeeper, you will charge to access WSLP (Wanswap Clamminess Provider) tokens issued by the Wanswap DApp, accouterment clamminess into one of the agriculture pairs.  For example, the “Raging Mane Leo” basin is a WASP-WAN pool, so you would charge WSLP tokens apery Clamminess provided for this pair.  There’s a abundant adviser on how to accommodate clamminess in the ZooKeeper Docs

So already you accept your WSLP tokens in your wallet, it’s time to adventure into the Zoo, and the action from actuality is straightforward.

Add your WSLP to the basin brace you appetite to acreage in by beat “Deposit WSLP Token”; for an added boost, you can accept to lock your WSLP for up to 180 canicule (note that it is alternative to lock).  Approve and Validate, and you are acceptable to go. (for complete capacity of this process, amuse accredit to the ZooKeeper Basin Docs)

If you appetite to absolution your adventuresome side, you can booty allotment in one of The Expeditions and get a gold chest. The rewards will be worthwhile. But don’t balloon your farmed ZOO Tokens – you charge food for any expedition, right? 

There are three expeditions you can accept from, and to auspiciously get to the destination, you artlessly charge to pale your ZOO tokens for a assertive bulk of time.  The best the chance is, the beneath tokens you charge to stake.  The amount is based on the amount of a gold chest, so this is activating and will change frequently.

Note: Chest prices and appropriate staking amounts are set dynamically and will abatement 1% every hour that no chest is purchased.  It will, however, access by 1% every time a chest is bought or back ZOO tokens are staked.

At the end of the expedition, you will get your tokens aback calm with a gold chest that hides a abstruse NFT booster

If you don’t accept abundant backbone for an adventure, you can buy the chest appropriate abroad application your ZOO Tokens, and this is area the bake apparatus happens.  There are 2 chest types to accept from – gold and silver.  Note that alone the gold chest guarantees an NFT Booster, while the argent one has a 1 in 10 adventitious of earning you an NFT.  With every chest bought outright, the tokens acclimated for the acquirement will be burned.

What are NFT Boosters?

ZooKeeper has accomplished rewards from the start, alike after time locking your WSLP.  If you appear to get a Ham and Cheese Sandwich NFT Booster, for example, you can attach this to your basin and accept alike greater rewards!  We can’t acquaint you how abundant of a addition that will be, as all NFT’s back minted, will accept a altered addition %.

On ZooKeeper, every agriculture basin can be additional with one of the NFT tokens from the abundance chests or The Market.  The NFT Boosters can abate the cardinal of canicule in the lock aeon while accretion the APY (Annual Percentage Yield).

If you don’t like what you get from your expedition, you can advertise the NFT on the bazaar and try afresh addition time.

What are ZOO Tokens?

The ZOO Token is the amount account cryptocurrency of ZooKeeper.  If you accept them, you can get the coolest NFTs to addition your agriculture pools.  It additionally gives you a role in the Zoo’s Team. 

Every time the aggregation proposes updates or new features, users can vote.  And if they get 50% of the community’s approval, again it’s all set.  To vote in these circumstances, you will charge to accept at atomic 10% of the absolute circulating supply.

But if you accumulate your artistic ancillary alive, you can actualize your own avant-garde proposals and delay for 55% association approval.  To accomplish a proposal, you charge to accept aloof 0.2% of the absolute circulating supply. 

Regarding tokenomics, ZooKeeper uses a Dynamic Market Cap strategy.  As mentioned above, every time a user buys a gold or argent chest, the zoo tokens acclimated to acquirement the chest are burned.  By accomplishing this, the amount of tokens potentially increases, and the amount of aggrandizement is reduced.

77% of the Total Supply is aloof for the agriculture pools, while the blow of it is broadcast to advisors, the business aggregation and acclimated for ZOO fundings.

What are the advantages of application ZooKeeper?

First of all, ZooKeeper is congenital on Wanchain, which agency low fees and faster payments. 

Another affair is that the ZOO’s adulatory token, WanSwap (WSLP), is a cross-chain AMM DEX.  Therefore it can be acclimated on added than aloof one blockchain authoritative your assets adjustable to crypto bazaar changes. 

Finally, ZooKeeper comes with dual agriculture rewards – both WASP and ZOO tokens are earned.

Future Plans

If you anticipation that was all the belvedere could do for the users, afresh assumption again. This is aloof the aboriginal of three agitative phases.

Soon the “Crafting Phase” will be appear – acceptance users to use abracadabra spells and ability new NFT Boosters – accretion their level.  It will be like a accomplished video bold experience, and accepting added crypto assets will feel annihilation but stressful. Within this appearance the ZooKeeper aggregation will additionally absolution addition agitative feature: “Clan Fights”.  The architecture and capacity of this will be appear later.  Users will accomplish bets on several altered factors with the end aftereffect actuality a chest accolade for the winner(s).  

After users apprentice how to ascendancy their powers, the “Utility Token Phase” will be accessible to appearance up, bringing with it Global NFT markets and the achievability for users to actualize their own NFT. ZooKeepers will be able to trade, auction, and alike actualize their own abundance on the platform. 

Well that aloof about sums it up. Sounds like a lot of fun right?  Then accompany ZooKeeper on Wanchain Desktop, MetaMask, or WanMask and let’s see what your Zoo Keeping abilities can accomplish!

Don’t balloon to chase the aggregation for added advice and perks:

Website: https://www.zookeeper.finance
Documentation: https://docs.zookeeper.finance
Telegram: https://t.me/ZooFarming 

Twitter: https://twitter.com/ZooFarming 

Medium: https://medium.com/@ZooFarming 

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