Alchemy for The Journey to the West

Alchemy for The Journey to the West

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In the common design of DeFi, each token needs a seperate pool for staking and other operation. As blockchain assets...

About Alchemy for The Journey to the West

In the common design of DeFi, each token needs a seperate pool for staking and other operation. As blockchain assets get more various, users are facing more and more complex operations. Many assets of small amount may not have no-loss mining channels and users usually would not like to spend time and energy staking tokens of a small amount. Therefore, we innovated a new rule of Alchemy: users can stake multiple different tokens to the same Furnace to get Jindan. Users will get higher profit with this simple and interesting rule. And we designed a reincarnation mechanism to make Jindan a stablecoin with a sligt rise. The Furnace for different tokens and the reincarnation mechanism is an innovation in the DeFi world. There are very classic comics of the Four Chinese Masterpieces – Dream of Red Mansions, Outlaws of the Marsh, the Three Kingdoms, and Journey to the West. We are planning to make high definition digital versions of them in the form of NFT for collection. Tang Monk and his apprentices got through 81 adversities. It very easy for audience to miss some of the 81, so we will design a series of artworks according to the 81 adversities and issue NFTs to review the memory of classics and carry forward Chinese culture in a new form. We are planning over a thousand pieces of NFTs to structure the Metaverse of the Journey to the West, and there will be interactions with other metaverse projects.

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