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Summary of Flame Protocol
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Key Features:
- First NFT AMM Swap & Coin Swap with GameFi ecological infrastructure
- On-chain storage of data assets with high TPS concurrent transaction capabilities
- Exclusive NFT Marketplace creation with one click
- NFT pools in FlameSwap with real-time price adjustment
- Liquidity provision with NFTs to earn platform Native tokens, GameFi coins, or revenue dividends
- POT (Proof of Time) mechanism for investing time in the Sui Network ecosystem
- FP (Flame Point) rewards for using FlameSwap with benefits like higher APY, lower transaction fees, and priority rights
Introducing Flame Protocol: Pioneering the Future of Decentralized Finance
Flame Protocol, a pioneering innovation built on the Sui Network by the visionary Flame Labs team, embodies the world’s first NFT Automated Market Maker (AMM) Swap and Coin Swap, with a robust GameFi ecological infrastructure at its core.
Thanks to the inherent synergy between the Objects model and NFT assets, coupled with the Sui Network’s exceptional high-throughput concurrent transaction capabilities, GameFi projects can seamlessly store data assets entirely on-chain. Consequently, NFTs representing in-game items and rights will exhibit exceptional liquidity, paving the way for a potential surge in transaction volume.
In response to market demand, Flame Protocol is poised to bolster the liquidity of NFTs. This innovative platform empowers partner projects to effortlessly create exclusive NFT marketplaces with a single click, as well as NFT pools within FlameSwap. Furthermore, NFT prices will be dynamically adjusted in real-time, reflecting market demand and thereby significantly enhancing the liquidity of NFTs.
By leveraging their NFT holdings, players can create liquidity and earn rewards in the form of FlameSwap’s native tokens, GameFi coins, or a share of platform revenue dividends. Furthermore, holding NFT LP confers varying levels of preferential rights within the game, offering a unique advantage to NFT holders.
Flame Protocol has also pioneered the innovative POT (Proof of Time) mechanism, which shifts the focus from substantial initial investments to empowering users to invest their time in the Sui Network ecosystem, thereby unlocking profit opportunities.
By utilizing FlameSwap for their swapping needs, users will be rewarded with Flame Points (FP), which unlock a multitude of benefits. These advantages include, but are not limited to, elevated APY in the farm, reduced transaction fees, and priority access to LaunchPad, among other privileges.
Users also have the option to directly exchange their FP holdings for a stable income stream at a fixed monthly interval. The revenue generated from the Flame Protocol platform ensures that the value of FP remains stable and predictable, providing a reliable source of income.
In addition, we envision the integration of a task center module in the future, enabling users to earn a diverse range of rewards, including FPT, FP, OAT, NFT, and WL, upon completing tasks published on the Flame platform. Furthermore, partner projects will have the opportunity to leverage the Flame platform for promotional purposes, executing targeted marketing activities.