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Lookah Dragon Egg Coin (DREGG) Review : Is It Good Or Bad Coin Read Our Article

Bixer Simond by Bixer Simond
26/05/2023
Lookah Dragon Egg Coin (DREGG) Review : Is It Good Or Bad Coin Read Our Article
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About Lookah Dragon Egg

Lookah Dragon Egg Crypto Gamings first token and has been launched on 08/09/2021 by a 7 person team based in countries across the world. DREGG is Layer 1Yield farming token that will give AVAX users exclusive early access to second layer on the AVAX blockchain, which is the beginning of what will be a large and vibrant cross chain gaming ecosystem.

Although initially just a yield farm, Layer 1 will be introducing mini games and ways to collect items to use in our second layer. The Layer 2 will be a text-based MMORPG-style play-to-earn game where players can go on an exciting, Dungeons & Dragons inspired adventure and collect valuable loot and NFTs and build their characters into fearsome monster slayers.

There will also be an in-game economy and marketplace where players can trade blockchain items. The Layer 2 will be releasing on both AVAX and Polygon chains simultaneously. Layer 2 is only the beginning and we have many plans for future features to be incorporated into game.

Lookah Dragon Egg Coin Wallets Point Table

Coin BasicInformation
Coin NameLookah Dragon Egg
Short NameDREGG
Circulating SupplyN/A
Max Supply250,000
Official Project WebsiteClick Here To Visit Project Website

Lookah Dragon Egg Live Price Data

Dragon Egg Token (DREGG)

Dragon Egg is the native token to the Dragon’s Lair farm. Owning DREGG is a guaranteed entry for the Dragon Gold game layer on Avalanche network, making it your exclusive ticket into the crypto gaming ecosystem!

Lookah Dragon Egg Features

Layer 1 Yield Farming

Yield farming on Layer 1 is possible thanks to DREGG, which runs on Layer 1 of the AVAX blockchain and gives users this option. Staking DREGG tokens is known as “yield farming,” and it can result in extra benefits and incentives.

Exclusive Early Access

DREGG grants AVAX users the benefit of early access to the second layer of the AVAX blockchain before it is made generally accessible. Users can take part in the creation and expansion of the cross-chain gaming ecosystem thanks to this special early access.

Ecosystem for Cross-Chain Gaming

Lookah Dragon Egg seeks to create a thriving and sizable ecosystem for cross-chain gaming. DREGG creates a dynamic ecosystem for players and developers by utilising the AVAX blockchain to provide smooth interoperability between various blockchains and gaming platforms.

Lookah Dragon Egg Token Utility

DREGG serves as the ecosystem’s native utility currency for the Dragon Crypto Gaming platform. It makes it easier to perform a number of tasks, including gaining access to premium in-game features, taking part in decentralised governance, and encouraging users to support the platform’s expansion and development.

Governance in the Community

DREGG grants its owners decentralised governance rights. Holders of tokens have the ability to actively engage in the decision-making process by putting forward and voting on protocol modifications.

Scalable and secure

DREGG benefits from the security, speed, and scalability provided by the Avalanche network because it is based on the dependable AVAX blockchain. As a result, users can participate in cross-chain gaming and yield farming on a dependable and effective platform.

Security and Safety

  • RugDoc KYC & Review – Link
  • Paladin Blockchain Security – Report
  • Forked code previously audited by Paladin
  • Migrator code removed
  • Deposit fee capped at 3%
  • Contract checks whether max tokens have been minted (hard cap)
    • No timelock transaction is necessary to stop minting, no overshooting the maximum supply
  • Fixed transfer-tax issue
    • No excessive harvests due to the presence of pools for tokens with a transfer tax

The base code has been audited numerous times by a reputable auditor. We are using the most secure and battle-tested code to help create a safe and enjoyable farming experience for all of users.

Lookah Dragon Egg Conclusion

In conclusion, DREGG represents a significant milestone in the world of blockchain gaming. Launched by a dedicated team of seven individuals from different corners of the globe, this Layer 1 Yield farming token has introduced a new era of opportunities for AVAX users. By granting exclusive early access to the second layer on the AVAX blockchain, DREGG paves the way for a future cross-chain gaming ecosystem that promises to be expansive and vibrant.

With DREGG, users can engage in yield farming activities, leveraging the AVAX blockchain’s Layer 1 capabilities. This not only allows them to earn additional rewards and incentives but also positions them at the forefront of a groundbreaking gaming landscape.

Furthermore, DREGG serves as the native utility token within the Dragon Crypto Gaming ecosystem, facilitating access to exclusive in-game features and enabling decentralized governance. By actively involving token holders in decision-making processes, DREGG empowers its community members to shape the platform’s future direction.

Lookah Dragon Egg FAQ

What is DREGG?

DREGG is Dragon Crypto Gaming’s inaugural token. It was launched on 08/09/2021 by a global team of seven individuals. DREGG is a Layer 1 Yield farming token designed to provide AVAX users with exclusive early access to the second layer on the AVAX blockchain, which lays the foundation for a dynamic cross-chain gaming ecosystem.

What is Layer 1 Yield farming?

Layer 1 Yield farming refers to the process of staking DREGG tokens on the Layer 1 of the AVAX blockchain to earn additional rewards and incentives. It allows users to participate in the growth and development of the DREGG ecosystem.

What are the benefits of holding DREGG tokens?

By holding DREGG tokens, users gain several benefits. Firstly, they gain exclusive early access to the second layer on the AVAX blockchain, offering them a unique advantage within the emerging cross-chain gaming ecosystem. Additionally, DREGG serves as the native utility token, providing access to in-game features and enabling participation in decentralized governance.

How can I participate in DREGG’s cross-chain gaming ecosystem?

To participate in DREGG’s cross-chain gaming ecosystem, you need to acquire DREGG tokens. These tokens can be obtained through various means, such as participating in initial token offerings (ITOs), purchasing them from exchanges where they are listed, or engaging in yield farming activities on the AVAX blockchain.

How secure is the DREGG platform?

DREGG is built on the AVAX blockchain, which is known for its robust security features. The AVAX blockchain offers a high level of resilience against attacks and ensures the safety of user assets. Additionally, the DREGG team is committed to implementing stringent security measures and continuously improving the platform’s security protocols.

Bixer Simond

Bixer Simond

Bixer Is Long Term Writer & Editor At Woodfi . His Hobby Is Writing Article For Wootfi Visitors . His Main Focus Area Is Crypto , Affiliate , Blockchain , NEFT , ICO . In Free Time He Loves To Research New Things

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All content on Wootfi.com is provided solely for informational purposes, and is not an offer to buy or sell or a solicitation of an offer to buy or sell any security, product, service or investment. The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate. For More Details Contact Us At - support@wootfi.com .