Moonie NFT is an exciting play-to-earn NFTs and decentralized finance (Defi) platform where all NFTs are usable in some form or the other. The platform introduces a new way of yield generation using NFT based gamified standards. Moreover, As per its whitepaper, Moonie NFT aims to enhance the users' DeFi experience by offering unique ways to earn with NFTs and allows them to earn even more when the users' take part in farming on the platform. Yield farming is a mechanism of staking or locking up digital assets to earn interest in exchange for them.
Users can compete with others while playing to get on top of the leaderboards1. There are mainly three modules for users to participate in:
MNY is the native governance token of the platform. The token is an ERC20 token and is a gateway for the users to access the platform's main features. And, MNY can be used for in-game investments, in-app purchases, yield farming, entering a Research Lab, and using governance rights.