CheeseDAO is a gamified DeFi protocol that rewards users with treasury-backed assets. The platform operates as a decentralized risk protocol governed and owned by the players. The platform aims to combine Defi, blockchain gaming, and DAO.

According to the official document, the platform delivers the mentioned service via three interconnected branches, including:

CHEEZ is the ecosystem’s native digital token and an ERC-20 token built on the Harmony blockchain. The tokens can be minted to stake the NFTs. The platform aims to launch three types of NFTs—Mice, Cats, and Mousetraps. This works like a rock-paper-scissors style of gaming. Game rules are based on minting and staking the different NFTs on the platform:

The rewards for staking NFTs are 0.3 CHEEZ tokens for Cats and 0.1 CHEEZ tokens for Mice every day. In comparison, mousetraps earn a reward of 0.05 CHEEZ tokens daily.

The platform was launched on December 1, 2021, and the minting of Cats and Mice NFTs was made available on December 8, 2021. Further, the platform allowed staking of the NFTs in a temporary pool for vested rewards with a lockup period until December 26, 2021.