To date, Erthians have acquired 13,750 HEXs with 5,000 of these within just the last seven days. Many within the community have already accumulated an admirable collection of HEXs to develop once the game launches.

Starting from January 17th, a 20% price increase will be applied to all HEXs available on the Marketplace. You still have some time to pick up a few HEXs for your collection at the best price possible!

France, Italy, Norway, Oman, Turkey, UAE and many others are almost sold out. If you were planning to call any of these countries home, hurry up, because they won’t be available for long!

A big congratulations to our current landowners and early adopters for supporting the project from such an early stage. Your lower initial price point and extra resources are sure to give you a big head start on your journey in Ertha, as well as a 20% return of investment already.

We’re expecting sales to accelerate in line with the continued growth and visibility that the project has gained over the last few weeks.

The project has turned the heads of the wider crypto community with a performance that saw it trading as one of the day’s top gainers. During its first 24hr trading period the token went from strength to strength showing a peak of 3177%, reaching a high of $0.59 on PancakeSwap before stabilizing.

Debuting first on Huobi and then on PancakeSwap, in the first 24 hours of trading, the token exceeded a trading volume of 39.5m!

Trading volume on Huobi even surpassed Bitcoin, with the ERTHA Token being number one in purchased and searched tokens.

It’s an exciting time for everyone associated with Ertha and we are thrilled to see such hype surrounding the project. This is in no small part thanks to our fantastic community and incredible partners at Huobi, GameFi, GD10, Seedify and many, many more!

As the community grows we have witnessed how collaborative you can all be. If you haven’t already, jump over to Discord where you’ll find members swapping tips and tricks and even helping each other locate specific HEXs and resources. Let’s see if this spirit of togetherness lasts once the game launches!

There is plenty of work for the team still to do and we have big plans ahead of us. 2022 is going to be an incredible year for Ertha!

Stay up-to-date with our announcements — join our active Discord community.

Own land in the ERTHA Metaverse and generate revenue.

Ertha is an MMO 4X (eXplore, eXpand, eXploit, eXterminate) game with extensive opportunities to satisfy one’s need for curiosity, competitiveness, and social recognition through roleplaying in a vast geopolitical map.With three distinct characters to select from and endless possibilities to alter them, players themselves will be the creators of their own narrative and wealth both in virtual and real worlds.Welcome to Ertha

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Here’s a tutorial below to start staking today: https://www.youtube.com/watch?v=qcDq8dy1Qr4

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Also for those of you who have tokens listed in your account, we are currently working on a portal bridge within our staking UI that will allow you to redeem those tokens into your wallet that will allow you to stake them later if you choose to do so. More updates on that coming soon.

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Our “White Glove” NFT Creation & Launch Service​​Do you have an audience and would like to begin the the process of selling your courses, content, or books as NFTs? PowerFan can give you the “white glove treatment”, where we help conceive, program and launch your NFT collection.

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Sometime in 2017, there was an ICO boom. Then it was time for an IEO (initial exchange offer). Since 2020, everyone has been talking about products from the field of DeFi, such as Yield Farming.

Yield farming is the process of finding and gaining maximum profitability using several DeFi platforms. These are strategies for placing cryptocurrencies in the most profitable smart contract of DeFi applications and then transferring the received tokens to other smart contracts. This allows you to get a multiplicative effect from the investment.

Yield farming is based on a system of traditional deposits in banks that bring interest; the difference is that DeFi Yield Farming includes interest generated by secured assets and, mainly, stable coins.

Any investor or trader who wants to grow crops should turn to DeFi platforms such as Compound, Aave, or Tether. These platforms collect crypto assets from cryptocurrency investors, transfer them to borrowers, and then pay interest on the loan to investors.

The interest received from lending cryptocurrencies can be fixed or variable. Interest rates are set by platforms and therefore vary. Most crop cultivation DeFi protocols now reward liquidity providers with management tokens, which can usually be sold both on centralized exchanges such as Binance and on decentralized exchanges — Uniswap. For example, Compound rewards its users, both the crypto lender and the borrower, with its “Comp” token. But DeFi platforms also set conditions for a crypto lender or borrower to enter into a transaction. So, the borrower, in order to borrow part of the funds from the platform, must deposit double the loan amount as collateral.

The systems use the functionality of smart contracts to control the cost of collateral at any given time. If it is less than the loan amount, the smart contract automatically liquidates the borrower’s account, and the interest is immediately returned to the lender from smart contracts. Thus, in case of non-payment of funds by the borrower, the lender does not remain at a loss (impermanent loss).

The first step in crypto yield farming involves adding crypto assets to liquidity pools, which are essentially smart contracts containing funds. These liquidity pools provide a marketplace where users can exchange, borrow or borrow tokens. Once you have added your funds to the liquidity pools, you have officially become a liquidity provider.

In exchange for storing funds in the liquidity pools, suppliers receive remuneration in the form of a commission generated by the underlying DeFi platform. Some cryptocurrencies are more widely accepted than others, and not all digital assets bring high returns. Reward tokens can also be placed in liquidity pools, and this is a common practice when people move their funds between different protocols in pursuit of higher returns.

Yield farmers use very complex strategies, and they keep the most profitable ones secret. The more people know about the strategy, the less effective it will work. This is by no means easy and certainly not easy money. Liquidity providers receive remuneration proportional to the amount of liquidity provided, so those who receive huge incomes have huge capital behind them, respectively.

Experts associate the boom in agricultural yields with the beginning of the so-called COMP token. ERC-20 helps to resolve protocol management issues and choose development directions. The owners of management tokens have the right to vote. That is, the protocol is managed by the owners of these tokens. The question is how to make the Yield farms decentralized? The most popular and practical way is the algorithmic distribution of such tokens, including incentives for liquidity. This method of decentralization is very attractive for market makers. It motivates them to create new tokens and provide liquidity. Since the launch of COMP, many different DeFi platforms have offered completely new schemes for attracting liquidity to the ecosystem of growing crops.

The use of the Ethereum blockchain is the most well-known when it comes to yield farming. The decentralized financial space is currently valued at more than $121.5 billion (total value locked). Previously, the ETH blockchain suffered from certain scalability problems. That’s why some experts, such as Ethereum’s” father,” have argued that he won’t sink his feet into yield farming until it stabilizes.

Crop farm token holders can use coins in many different ways. Tokens, as a rule, mean owning something like a part of a certain liquidity pool or access to a service. For example, if we take the Brave browser, ads can be bought simply by utilizing the basic Attention Marker (BAT). Sometimes you can use these tokens as funds in a suite of applications. Online users can spend coins with each other in fairly small amounts.

As the experts from Forbes rightly admit, all you need to benefit from developing yield farming is the right time and the right basic tool.

You should estimate this indicator every year using the agricultural yield calculator. It will show the refunds that you can receive for the specified period of time. Usually, two options, APY and APR, are enough, but some utilize another metric, which is a fixed total cost. So, here’s how to calculate the return for LP.

These calculations will never be 100% accurate. This is due to the fact that DeFi yield farming is a fairly competitive and rapidly developing market.

Keep in mind that agriculture yield farming is not immune from capital losses (impermanent loss). A farm transaction involves virtual transaction protocols between a pair of anonymous parties without a central executive authority. If any system error occurs, financial information may be lost.

The same network sets the trend for DeFi Yield farming. Any user with an Ethereum wallet can act as a liquidity provider on Compound and receive rewards.

MakerDAO is a credit platform on which users lock their crypto assets, for example, ETH, BAT, USDC, or WBTC, as collateral. A DAI is created in a decentralized manner — a stable coin tied to the US dollar. You can use Maker to get DAI, which can then be used in DeFi Yield farming strategies.

Synthetix is an Ethereum-based protocol for the release of synthetic assets. Synthetix assets are financial instruments in the form of an ERC-20 smart contract, known as “Synths,” that track and ensure the profitability of another asset without requiring you to hold that asset.

Aave is a popular decentralized protocol for crediting and borrowing tokens. Interest rates are regulated algorithmically depending on the state of the market. The deposited tokens immediately begin to earn interest. Another Aave feature is instant loans, which allow users to borrow any amount of capital, provided that it is returned within the same transaction — this helps to use the arbitrage opportunities.

Uniswap is a decentralized exchange (DEX) that allows the exchange of tokens “without trust.” To create a market, liquidity providers contribute the equivalent value of two tokens, after which traders can trade against this liquidity pool. In exchange for liquidity, providers receive a commission from transactions taking place in their pool.

Curve.Finance is mainly used to exchange stable coins with low trading fees. Stablecoins are one of the most flexible and profitable assets a farmer can have, which is why Curve.Finance is a fairly popular crop growing network.

On Balancer, liquidity providers can create customized liquidity pools instead of complying with the allocation ratios set on many other platforms. The flexibility of the Balancer has made it popular with Yield farmers.

Yearn.finance is a decentralized DeFi ecosystem of aggregators for credit services such as Aave, Compound, and others. The service is aimed at optimizing token lending by algorithmically searching for the most profitable lending services. When making a deposit, funds are converted into Ytokens, which are periodically rebalanced to maximize profits. Yearn.finance is useful for Yield farmers who need a protocol that automatically selects the most suitable strategies for them.

Of course, this is extremely risky, but you should never invest in something that you cannot afford to lose (impermanent loss). Many projects for DeFi Yield farming are short-lived and do not have stability. Ethereum developers also say this. These DeFi Yield farming projects collect huge sums in a short period of time and then close or have an impermanent loss. Often it turns out to be scammers.

But experts predict that DeFi Yield farming platforms like the ones listed above will exist for a long time. It may not be possible to earn as much money on them in the coming years as it is now (somebody can have an impermanent loss), but the world of loans will definitely change.

“It is difficult to judge all DeFi applications, this is a young field, and it is now at the very beginning of its development. But in general, this is not a fraudulent scheme, but a new approach to generating value in the financial market,” says the official representative of the Garantex cryptocurrency exchange, Tatiana Maksimenko.

It is almost impossible to accurately predict the future in such a volatile space. The current level of hype and expectations can potentially cause network congestion. Price fluctuations may lead to the fact that some Yield farmers will not be able to liquidate their assets, which will negatively affect the overall confidence in Yield Farming.

At the moment, DeFi Yield farming remains a high-risk and high-return practice that is worth doing if the necessary research and risk assessment have been carried out in advance.

We present you with the most interesting questions that can serve as a guide to better understand DeGate.

Q: What is the Ultra-Efficient Gas Saving technology? Has it been implemented this month?

Agne: We believe that Ultra-Efficient Gas-Saving (UEGS) technology holds great potential to further lower gas costs using DeGate trading protocol. In November 2021, DeGate engineering team has completed the 1st version of the UEGS, and has already started its implementation. We expect the implementation to be completed by December, with further testing thereafter to figure out the full capacity of this technology.

Q: Does DeGate have plans to launch on other chains?

Agne: There is always a potential for that. First, we are focusing on implementing the technology in a way that it provides an outstanding product to the market. Ethereum scaling and Ethereum Layer 2 solutions took a while before everything was put together properly, however, Ethereum is the strongest and the only truly decentralized network that can provide security and network effect. This is very important. DeGate is focusing on providing you with the best trading experience, together with not compromising on the security and liquidity benefits that the Ethereum network provides.

Q: When will DeGate end the Testnet phase? What is the distinction between DeGate and other DEX-es nowadays?

Agne: This question is a great recap of what we have been talking about during the AMA. DeGate will launch Testnet at end of January 2022. The developers are working extra overtime to speed up the development; many of them are working on six/seven days work week.

And what is the main distinction of DeGate? First of all, the focus of DeGate is to make trading in a decentralized manner much cheaper and more efficient for the user. DeGate has created a special match-node, equipped with Zero-Knowledge technology, which is the next-generation technology to be used in blockchain, in order to implement DeGate’s vision.

The main distinction of DeGate among other DEXs is that it is a Limit Order DEX. That means, that a user does not simply do a swap on a DEX, like on Uniswap, but a user can set a price of buy/sell order. DeGate is an orderbook- centric DEX, not an AMM-based DEX.

Our goal and vision are to make decentralised trading as fast as cheap and convenient as centralised trading.

Q: Is DeGate going to be multi-chain? How is DeGate different from dYdX?

Alvin: We are working on Ethereum because it is the most secure chain and we can deploy on any EVM compatible chain quite easily.

At the same time, we are also time focused on the end-user. So whichever chain provides the end-user with the cheapest and most secure way to do trades, we will definitely be taking a look at it. We are very open-minded on this front and also every chain does have its own trade-offs too, which the team constantly evaluates.

Regarding DeGate vs dYdX — dYdX focuses on trading perpetuals, while DeGate focuses on spot trading. Both enable limit orders but one is for spot trading and the other focuses on perpetuals. Also, a notable difference is that dYdX is using StarkWare framework with the rollup implemented by zkStark, while DeGate implements rollup by zkSnark.

Q: Once DeGate goes live, is there a plan for transaction mining and referral rebates?

Agne: Yes, the team is working hard behind the scenes on a future liquidity mining program. The team is constantly thinking of creative ways to add value to our community, so rest assured! Many major things are planned for 2022, stay tuned with us.

Q: Will DeGate have additional gift rights to users who previously participated in social media activities? Such as fee reduction, airdrop tokens, etc.?

Agne: The team is always thinking of new and creative ways to reward our DG token holders. DeGate is keen to encourage the community’s participation in DeGate DAO, which is responsible for making decisions relating to DeGate. We encourage the community to participate in DeGate social media activities, which are regularly announced on Twitter, Discord, and Telegram channels!

Q: Any specific plans for doing DAO and governance? Current DEX DAO are kind of boring, are you considering anything new?

Agne: DeGate operates as a DAO, meaning that DG token holders have governance power that makes decisions regarding DeGate protocol. We understand that the DAO ecosystem is in its early stages, and we appreciate the trials and errors by various projects to construct well-operating DAO structures. We are keen to innovate going this road forward and create a DAO structure that is serving the community and is efficient, and interesting!

DeGate is an active participant of the DAOist organisation, which gathers the DAOs together and encourages problem-solving and innovation within the DAO community. We believe that together, we can find what works for the community, and continuously improve!

Q: There were many hacker attacks in 2021. How does DeGate handle security issues?Agne: Indeed, the World of the Web is always prone to hacker attacks, and the financial industry and crypto industry are particularly attractive to hackers. We take security very seriously, no errors will be left that concern security. DeGate protocol already underwent three rounds of audits by industry-leading auditors. Contact DeGate for more details.

Q: What are some of DeGate’s plans to ensure there is sufficient liquidity?

Agne: DeGate will have features such as a very easy AMM-like grid trading, where anyone can provide liquidity, this will be a very interesting and useful attribute of DeGate protocol. There will be a liquidity incentive program, therefore we project solid liquidity on DeGate protocol. Moreover, the trades on DeGate will be free for traders-makers, which will generate market-making incentives from traders. There will be also an API support for professional and institutional users to provide liquidity.

Q: Is DeGate going to be developed in the direction of GameFi?

Alvin: We do not have any updates on that yet. Recently, we inaugurated DeGate’s Mascot GOO and we are launching a series of NFTs in relation to our Mascot in order to reward our loved community members. No updates on the GameFi front yet, but it is definitely something the team is thinking about.

Agne: Predictions for next year- The year 2022 will be the year of execution for a lot of blockchains and Layer 2s. Let’s not forget that Ethereum has its scaling roadmap which includes Sharding as well as Layer 2. So all of this put together will make Ethereum a very powerful network, and with Zero-Knowledge capability, we believe that 2022 will be a year of innovation and execution and we are definitely very excited about this. Blockchains are for decentralization and Ethereum is the only network that keeps this decentralization and has strong security due to decentralisation effects.

It will be very interesting to see where the ‘other Layer 1s’ will be in 2022. It is very curious as well because there was such great hype and community building for these Layer 1s in 2021. So let’s see where the markets will take them in 2022.

I think it’s also quite important to know that although crypto is kind of a separate market, we still have to know what is happening in the world in general and what is happening to the economy as a whole.

Thank you so much to the community for their insightful questions posted to us. We are pleased to announce that the winner of AMA question and of 1000DG tokens is:

@Giáo Xư Trần Tiến Sĩ!