TeraBlock And Splinterlands Join Forces To Usher In The Future Of DeFi Gaming

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TeraBlock And Splinterlands Join Forces To Usher In The Future Of DeFi Gaming
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TeraBlock and Splinterlands have partnered up to take DeFi gaming to the next level. 

According to the announcement, the partnership will benefit users from simplified token bridging across multiple blockchains through the Splinterlands’ gaming platform. Using the TeraBlock Bridge, players will now transfer their tokens across various blockchains. Notably, the Bridge has been integrated into the gaming platform, making it easier for users to swap tokens between multiple networks.

Splinterlands, the next generation of collectible card games, has emerged as one of the leading blockchain gaming platforms, attracting over 400,000 active users. The multiplayer fantasy game allows players to battle monsters each day to control a chaotic world. Each card is individually owned. Through distributed ledger technology, users can see how many of each different card exists in the entire game. The platform has thousands of new users joining daily, recording up to $4 million transactions per day. The high transaction volume has forced the team behind the project to explore a different token route solution that allows seamless Bridge between various networks, thus the partnership.

TeraBlock is a diversified crypto ecosystem created to help users optimize their holding. The TeraBlock ecosystem consists of various DeFi instruments that allow users to invest, hold, and exchange crypto assets. TeraBlock’s Bridge is the latest protocol on the platform and will be fundamental for Splinterlands’ players.

Commenting on the Bridge, the TeraBlock team explains:

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“Our multi-layered security and dual setup approach mean integration between blockchains becomes efficient and seamless. Easily transfer your assets between blockchains using a simple, user-friendly, and modern interface.”

TeraBlock has various mechanisms to ensure the overall projects grow to the next level, including creating demand and stability of its native token $TBC. The platform plans to use a portion of the fees collected from transactions on the Bridge to buyback $TBC tokens from the secondary market. In addition, a part of the collected fees will be distributed among TeraBlock Stakers through a reward mechanism on the upcoming TeraBlock Native Staking Protocol.

Notably, this partnership will also help the Splinterlands team build a more unified gaming platform while at the same time assisting TeraBlock to solidify its position in the DeFi market.