Dubai, UAE – In the dynamic world of cryptocurrency, Smoovie Phone ($SP) on the Sanko Chain is breaking new ground by merging decentralized finance (DeFi) and GameFi. This innovative approach not only drives user engagement but also enhances token utility and ecosystem growth. The $SP token, designed with deflationary tokenomics, immersive mini-games, and advanced DeFi solutions, is strategically positioned to deliver long-term value to holders. Through this unique ecosystem, Smoovie Phone aims to reach over $1,000,000 in protocol revenue, distributing it to holders via single-sided staking.
$SP Launches Decentralized Parlay Platform on Arbitrum, Leveraging Stylus for Enhanced Performance and Real-Time Odds Integration:
$SP is excited to announce the development of its innovative Decentralized Parlay Platform (DPP) on @Arbitrum, utilizing the advanced capabilities of Stylus. Stylus is a cutting-edge technology that enables developers to write
smart contracts in popular programming languages like Rust, C, and C++,which compile to WebAssembly (WASM). This approach allows for faster execution and lower gas fees compared to traditional Solidity contracts, while maintaining full interoperability with the Ethereum Virtual Machine (EVM).
By integrating Stylus, $SP’s DPP offers users a seamless and efficient platform to create multi-event parlay bets using real-time odds from Polymarket and a dedicated sports betting API. This ensures that bettors have access to the most current information when crafting their parlay slips.
Additionally, the DPP introduces a unique opportunity for users to assume the role of the bank by staking $ETH deposits. In this position, users earn premiums paid by bettors on each parlay slip, resulting in a robust and sustainable annual percentage yield (APY) on their staked funds. This decentralized model empowers users to earn attractive returns by providing liquidity to the platform, all within a secure and trustless framework.
The combination of Stylus’s enhanced performance and the DPP’s innovative features marks a significant advancement in decentralized finance, merging blockchain technology with real-time event forecasting. $SP is thrilled todeliver this high-reward, transparent betting experience for crypto and event forecasting enthusiasts alike.
$SP Expands Cross-Chain Prediction Mark
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Author: Crypto Daily
