Colony on Moonkarts and Arcade Colony Platform
Let's talk about colony first. Colony is the currency on Moonkarts. All players that managed to collect the colony on the race, get into rank and orbital leaderboard, will rewarded with the colony.
Colony as the main token on Moonkarts, is not only become a reward, but also become the reward multiplier just like the SPS on the Splinterlands. The multiplier number explain on https://support.arcadecolony.com/hc/en-us/articles/30670211605140-Ranked-Rewards-Colony-Staking-Requirements-for-Moonkarts-MK as I cited the table on picture below
Okay, so colony is important aspect for the rewards on the moonkart games. Is there any other benefit ? Yes.
The colony token looks like will become the main token on the arcade colony platform, and will have it's part for the upcoming project. The one that will mostly arrived is the stakehouse den. On this game, staked colony will generate the hotsauce which will be the energy like the fuel on the Moonkart games. Staked colony also will impact the reward multiplier on the Hyper Rail Blaster.
So, I saw the colony token as a token that potentially will having improved demand on the future. Not only on the Moonkart games that nearly launch on the mobile version which hopefully will bring more players in, but also on the upcoming project on the arcade colony platform !
Claim the Reward, Stake, Earn More !
As I finally finish my 1st season with the legendary kart, I'm happy to see that I managed to get highest rewards compared to my previous seasons ! With the legendary kart, I can reach the finish faster and race more, which help me to collect more orbitals and the ranked points.
From the orbital leaderboards, I managed to finish at 8th place and earn 919 colony, and for the ranked leaderboard, I managed to finish 12th and collect 7266 colony ! So, I earn 8185 colony from the leaderboard prize last season.
Those 8185 colony is worth around 10.7298 hive based on the https://tribaldex.com/swap?from=COLONY&to=SWAP.HIVE at the time this post is created.
And it's worth around $2.6029 if we convert them into USD based on https://www.coingecko.com/en/coins/hive/usd at the time this post is created.
Not so bad
After claiming the leaderboard rewards, I go to the colony asset pages, and see that the rewards already received on my account. I have 8216 liquid colony now because I also claim colony from staked SPS rewards.
I decide to stake as much as I can. My current stake is 37,267 colony, and now I want to stake 8,216 colony. It's 22% of my current colony !
This action makes my staked colony pumped into 45,483 colony ! It is a great feeling to be able to improve the staked colony around 20%. This would makes me getting closer to my next target 100k colony.
What's Next ?
Well, to keep progressing, my next target is to get back into the track and get some race again. Hopefully I can get higher leaderboard score this season and back with even more colony as rewards ! Then I will stake the rewards and keep the snowballing goes !
Final Words
If you want to play this game, you can simply visit their site on https://moonkarts.arcadecolony.com/
PS : This is not a financial advice, please do your own research before decide to invest on anywhere!
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