The thing that you don't understand about Jin's Fortune Spin:
This is potentially a very large new source of demand for NFTs on @Ronin_Network.
Why?
Here's how the NFTs and restocking works.
1. We sweep floors to stock the machine. 2. Users buy spins. 3. Users either sell their nfts back to the machine or hold them. 4. If a bunch of users are holding their NFTs, like what's happening with the axie machine right now, we will need to use proceeds from the machine to buy more NFTs to restock.
This is a sustainable, scalable loop that is bringing the business model of physical collectible businesses onchain.
Yoo, go to: https://t.co/hnQvnCewYP and check your @LumiterraGame points!
These can earned from:
âą yapping âą in-game asset staking (can get these on Ronin market) or you likely have some if you participated in the first test! âą mystery box staking (from tests 1 +2)
This is something we've been thinking about for many years now and it's finally here.
Trait and collection offers are now LIVE on App.axie đ„
You can now place bids across entire collections or even by specific traits like class, eyes, ears, or mouths. No more scrolling endlessly for that perfect axie.
Why this matters:
Youâre evolving axies. You need a specific part. You want to stack an entire archetype.
Now you can place one offer and let the sellers come to you.
You can also use this to put in bids for things like Mystic Axies. Think you can get a Mystic for a bit below floor? Create your bid and see if it gets filled!
How to do it:
1. Head to App.axie 2. Toggle âOffer by traitsâ 3. Choose your desired collection or parts 4. Click âMake Offerâ
A Compound Governance Proposal is up to add LRON to Compound on Ronin: https://www.comp.xyz/t/add-collateral-lron-on-compound-s-ron-market-on-ronin-network/6816/3