11Minutes

 

11Minutes is the first play2earn game series on Blockchain

11Minutes is a new unique Play2Earn NFT Game Series, using the Polygon Network for user friendly transactions, solving the problem of long and monotonous playing time only for rather small returns and high entry fee issues to actually be able to make money. 11Minutes is not a single game, but a series of games where the goal is to achieve a high score within 11 minutes. But let's start from the beginning: First of all, the player must score NFT to participate in the game session.

Once the game has started and you have scored the NFT (admission ticket), you get a 24-hour window to start your gaming session (lasts 11 minutes). The highest score is entered on the leaderboard along with your wallet address and your NFT Token ID. Based on your rating, you will receive a profit which will differ from session to session.

Good News For 11Minutes

Eleven.Finance is pleased to announce the launch of our leveraged agricultural product (LYF) on the Binance Smart Chain!

Those familiar with Eleven.Finance will know that we were born on Binance Smart Chain in early 2021. We were only a yield optimizer at the time, and have since experienced rapid growth including cross-chain expansions to Polygon, Avalanche, OKex Chain, and Fantom . We have also developed and launched leveraged farming offerings in Polygon, Avalanche and Fantom. This allows users to lend and earn interest on static assets although our eleBANKS also borrow to leverage yield farms and maximize returns.

Returning to Binance Smart Chain with our leveraged agricultural products allows users on #BSC to take advantage of the leveraged PancakeSwap incentive pool. Our product will look to integrate with Ellipsis Finance to enable low fees and slip swaps for high leverage on stable/stable LYF pairs. Including We will seek to add further pools by leveraging the #BSC ecosystem in the near future.

Lenders will be able to provide bUSD, wBNB, wBTC and wETH to our eleBANKS to earn interest on stagnant assets. We will continue our strategy of keeping eleBANK assets unused in other lending protocols to maximize returns for lenders, even if banks have lower utilization. This will be supported through the integration of the Venus loan pool.

We're excited to be back at #BSC where it all started for Eleven.Finance. We have more innovations and expansions in store, and our core goal is to bring low cost yield optimization and leveraged agriculture to all defi users wherever they are!image.png

Pancakeswap V2 Migration

As many at BSC know, upgrading to the Pancakeswap liquidity token pool will require LP token migration. The team at Eleven Finance are developing a simple front end on our website at eleven.finance that will allow current vault participants to release their current LP, transition to a new LP, and reassemble this in our new vault as appropriate. Migrate their LP tokens effectively, while still staking them on our platform to ensure an optimal reward strategy.

Bigfoot Launch — Leverage-Optimized Farming

Bigfoot is ready. Our optimized leveraged farming platform is ready to go and is waiting for the new Pancakeswap V2 to launch. The platform will allow users to lend BNB to Bigfoot bank in exchange for interest-bearing BNB. Or borrowers will be able to take leveraged positions against collateral to enter our vault for higher potential exposure to APY. Bigfoot will be a phased rollout, initially offering our 11CAKE and 11CAKEBNB safes and BNB loans. Over time, the number of safes at Bigfoot will grow, as will additional collateral options such as ETH and BUSD.

Cross-Chain Migration/Interoperability

The world of decentralized finance is evolving, Binance Smart Chain has become a blockchain that has seen cheap and fast transactions reach a large number of defi participants. Having said this, other blockchains are growing in popularity for the same reason, all with more and more users and in turn opportunities for yield and yield optimization. Eleven Finance will work to build cross-chain interoperability, bring our vault and increase agricultural output to various other blockchains. Our first priority is Fantom and Solana.

Our long term vision is for our platform to be a one stop platform for all your results optimization needs. When we say "all", we really mean it. To make this possible, we need to reduce ELE's current bounty by 30%, which will be fully reinvested in chain integration and new farms. Changes will take effect immediately.


11Minutes also plans to allow the NFT protocol to be integrated into this platform. By integrating the NFT protocol, users will be able to play more safely and innovatively. Users can store various game items in the form of NFT tokens in their digital wallets. That way, users can arrange their items or characters more freely and as desired.

Also users who want to maximize their income can participate in the liquidity program launched by 11Minutes. Users can earn passive income by participating in providing liquidity. In this way, users will be able to get additional rewards besides the games they are playing.

ROADMAP

Conclusion

11Minutes Platform is a unique global gaming platform built using multiple smart contract systems, bringing together all parts of the gaming industry ecosystem where all players, developers, merchants and gaming communities can get fair, transparent and fair rewards that they get in ELVN Tokens which can be easily exchanged on the open market. The ecosystem built around the gaming process can be broadcast using the 11Minutes Streaming platform, ELVN Coin as well as being a marketplace for the gaming platform and also as a platform for trading in-game items. The 11Minutes platform Developer Market gets a share of the transaction fees and bets. In this case ELVN Coin made a withdrawal of funds to make this game on the 11Minutes crowdfunding Platform, part of the income was also distributed to investors.

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