Sunflower Farmers NFT game breaks Polygon with gas fees reaching $1

The play-to-earn sport – Sunflower Famers, has resulted in a 16-fold improve in Polygon’s gasoline charges. Actually, Polygon customers have complained concerning the congestion points on numerous social media channels. Furthermore, Sunflower Farmers has change into the community’s largest gasoline burner within the final 24 hours. Already, they’re consuming 42 per cent of all transaction charges on Polygon.

Picture depicts Sunflower farmers game
Gamers can earn rewards each 3 days simply by holding the token and supporting the sport.
Picture Credit score: Sunflower Farmers/Twitter

Sunflower Farmers NFT is creating community congestion

Principally, Sunflower Farmers was launched on the finish of December 2021. Till now, this play-to-earn sport has attracted over 175,000 lively wallets. In consequence, it’s among the many hottest sport titles.

Nevertheless, the sport is creating bother for the blockchain community. As an illustration, Double Protocol, an NFT rental protocol introduced yesterday that it will delay the discharge of its Alpha Move because of the Polygon’s community congestion.

Why the agriculture-themed sport is inflicting so many points?

Firstly, the Sunflower Farmers’ sensible contract awards the gamers with SFF ( Sunflower Farm) tokens. Subsequently, gamers can earn tokens by constantly performing in-game duties akin to planting and harvesting crops. Moreover, these tokens can be utilized to buy NFTs and different collectables.

Shifting alongside, the sport incentivizes gamers to compete fiercely and procure as many tokens as attainable. Provided that, the sport’s tokenomics decide that early gamers obtain a bigger share of rewards. To drive shortage, the token provide quickly diminishes over time.

Picture depicts Sunflower farmers game
The sport has pushed greater than $1.1 million in quantity via the dapp’s sensible contracts.

What’s extra, gamers searching for a bigger share of the sport tokens should pay excessive gasoline charges. Merely put, the gasoline charges approve transactions to new blocks on Polygon. Presently, SFF token worth outweighs the price of gasoline.

Don\'t Miss THIS ONE !  DozerBird NFT Game Lands on Google Play Store in Japan

Based on PolygonScan, gasoline charges on Polygon have risen from round 30 Gwei (or roughly $0.03) to round 500 Gwei, valued at $0.44, since yesterday. Through the congestion interval, the charges additionally continuously exceeded 1000 Gwei (roughly $1). Moreover, customers have gotten more and more involved about how a single dApp could cause such a gasoline charge improve.

In a Twitter put up, safety analyst Thomas Kerbl famous that the incentivized farming sport might have attracted a “ton of bots attempting to extract worth.” As per DappRadar, Sunflower Farmers processed roughly 1.1 million transactions from over 330,000 customers in the day past.

Picture depicts Tweet

Lastly, the Polygon crew has not but acknowledged the way it intends to deal with congestion attributable to dApps like Sunflower Farmers. Polygon’s scaling arsenal consists of zero-knowledge Layer 2 options like Hermez and Mir, along with their flagship sidechain. Such options might help the challenge in assembly future scalability challenges.

Are you uninterested in lacking essential NFT drops?

Simply try our NFT Calendar !

Subscribe to our scorching social media and don’t miss anything

In case you’re old style :

All funding/monetary opinions expressed by aren’t suggestions.

This text is instructional materials.

As all the time, make your personal analysis prior to creating any sort of investments.

House owners, holders, followers, neighborhood members, whales… Wish to increase this text by that includes it on high of the Homepage? ==> Contact us!

Source link

Get NFT News Delivered to you from Google News Approved site. News you can trust.

Leave a Reply

Your email address will not be published.

Back to top button