BC.Game Supports UNI, Bringing DeFi to Gaming
BC.Game–a cryptocurrency gaming site where players can win coins by placing bets on games, now support UNI. The token powers the world’s largest decentralized exchange, Uniswap, as per a notice on Sep 25. UNI is Uniswap’s native token that was launched on Sep 16.
Merging DeFi and Gaming
The gaming site has been operational for over two years. Aside from a chatroom feature that connects players enabling them to discuss different strategies, the platform prioritizes transparency and trust. As such, every bet posted by players can be verified. In case of enquiries or technical assistance, their customer care agents are available 24/7.
Presently, BC.Game supports an array of coins including Bitcoin, ETH, and other liquid tokens. Unlike most crypto games, it supports instant withdrawal with no minimum requirements on deposits in any of their over 13 fun and provably fair crypto games like Crash, Dice, Blackjack and many more.
Transaction fees can be paid using the platform’s in-house token called the JB-Coin. For a limited time, paying using JB Coin can be used to boost up Rakeback.
Notably, BC.Game operates a Lightning Network full node for the Bitcoin network. This ensures gamers not only deposits and withdraws near instantaneously but are shielded from by high transaction fees.
As such, the addition of UNI automatically brings DeFi into gaming. Conveniently, this support allows players who would otherwise participate and earn UNI directly from Uniswap but are deterred by unreasonably high trading fees to receive valuable tokens.
The token is native to Ethereum’s DeFi ecosystem, a scene primarily responsible for enriching miners judging from the explosion of Gas fees in recent weeks.
Uniswap Dominance Translates to a Valuable UNI Token
Usually, liquidity providers are rewarded with UNI tokens proportional to their contribution share. The higher, the more tokens they receive.
Less than two weeks after launching, UNI is one of the top-performing assets by trading volumes. The quest to contribute liquidity to an established, high volume network has seen participants channel over $2 billion worth of assets according to data streams from Etherscan.
Earn a Valuable DeFi Token When Playing
Following BC.Game’s support, players now have a chance to earn UNI without having to pay the high network fees. Notably, their Wallet Connect feature fast-track participation. It supports one-click login and one-click deposits for instant transactions. Additionally, BC.Game supports VIP Transfers. As such, players in another casino can join and play on a similar level.
By simply spinning Classic Dice, or playing Black Jack, they stand a reasonable chance of stacking up more tokens. Currently, Uniswap plans to scale in a bid to attract even more users.
Together with Synthetix and Aave, Uniswap is looking to integrate Optimistic Ethereum (OE). As BTCManager earlier reported, Synthetix is leading other DeFi protocols and heeding to Vitalik Buterin’s calls.
Although the co-founder warns of the high yields offered by some DeFi protocols, the migration of Synthetix to a secure Layer-2 solution like Optimistic Rollups will ease the base layer, subsequently lowering the average Gas fees.