The Second Round of Emperor Blitz Commences👑🐧
Fast-Paced King-of-the-Hill gaming on the Avalanche Network
What is the Emperor Blitz?
The Emperor Blitz is a fast-paced, personalized, king of the hill betting game-mode hosted inside of our Emperor Penguin dApp. To participate, you’ll need to acquire xPEFI for your bids and some AVAX for transaction fees. It will last 24 hours and should pack a hefty jackpot at the end given the new max bid adjustments and added jackpot fees.
The Emperor Blitz starts on August 13th at 6PM UTC and ends on August 14th at 6PM UTC. You’ll be able to play here once it starts.
Rules & Tokenomics 🐧
This dApp uses xPEFI as the betting mechanism and rewards the winners with xPEFI.
For this round, the max bid will be set to 1 xPEFI. Since it is a fast-paced game-mode, we expect constant crown swapping to occur through the entirety of the game.
When a Penguin loses their place on the throne by getting outbid, 0.5% of their bet is distributed to the Nest, and 4% is added to the jackpot pool! Even if you lose your place on the throne, you will receive 95.5% of your initial xPEFI bid back, and 0.5% of rewards are indirectly distributed back to you since you’re staking in the Nest! This creates a positive feedback loop for Nest users and rewards them with the fees from an entertaining and exclusive dApp.
To check how much xPEFI is in the jackpot, simply click the chest to open it and the value should be displayed.
You will not incur PPL (Paper Hands Penalty) by playing this game and sending over your xPEFI! Play and claim your rightful place as the Penguin Emperor. Short term and long term riches await.
Poison the Emperor ☠️
You will notice a “Steal & Poison” button below the regular “Steal Crown” function. This feature allows you to poison the current Emperor and prevent them from being on the throne for 20 minutes.
After the poison wears off, that Penguin will be immune for 40 minutes. They can be poisoned again after the cooldown.
This is a powerful feature, but use it wisely. By poisoning another Penguin and stealing the crown, you’ll of course pay the normal bid, which is refundable (minus the 4% fee). On top of that, you’ll have to pay for the poison which costs: 10% of the Current Emperor Bid + 1xPEFI (nonrefundable).
For example, if the bid is 1000 xPEFI, you’ll pay 101 xPEFI to poison another Penguin.
Jackpot Distribution🏆
Once the 24 hours are over, the Penguin who held the throne for the longest time will be crowned as Emperor of all Penguins! This can be tracked on the leaderboard on the left-hand side of the UI.
When you are crowned as the Emperor Penguin, your bet of xPEFI is sent back to the Nest, and you are now able to claim your xPEFI gains through the claim functionality by clicking on the chest! The Top 5 penguins on the leaderboard will claim part of the jackpot with the following distribution:
🥇 1st Place (Penguin Emperor): 50% of the Jackpot
🥈 2nd Place (Penguin King): 25% of the Jackpot
🥉 3rd Place (Penguin Prince): 12.5% of the Jackpot
🏅 4th Place (Penguin Duke): 7.5% of the Jackpot
🏅 5th Place (Penguin Knight): 5.0% of the Jackpot
About Penguin Finance
Penguin Finance is a platform powered by Avalanche building an innovative set of decentralized applications, financial products, and documentation for both technologically savvy individuals and those with absolutely no knowledge of cryptocurrency.
We’re bridging the gap between DeFi and mass adoption by offering ultra-low fees, an intuitive UX design, and the best documentation/tutorials. PeFi is made for penguins, by penguins.
