Avid gamers and prospects of IT and gaming {hardware} agency Razer are set to plug into the world of decentralized finance (DeFi) by way of a brand new rewards swap program in partnership with Cake DeFi.
Razer stays a family favourite model for players all over the world, with its Razer Gold rewards program permitting players to earn and redeem Razer Silver factors for a wide range of {hardware} and digital rewards, together with Steam video games and low cost vouchers.
Cake DeFi has teamed up with the rewards program from Razer to allow prospects the power to transform Razer Silver factors into Cake DeFi vouchers. This basically gives a bridge from the Razer loyalty program to the world of cryptocurrencies and DeFi merchandise.
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Razer players might be given unique entry to Cake DeFi yield-generating companies on the launch of the collaboration, whereas the DeFi platform is providing reductions and sign-up rewards to new customers signing up by way of the partnership. 10,000 Razer Silver factors will give prospects a $5 Cake DeFi voucher.
Vouchers might be robotically transformed on the market worth charge in DeFiChain’s native token DFI. These tokens are then allotted to the Cake DeFi staking pool, which pays rewards each 12 hours to DFI stakers.
Razer’s software program platform has greater than 175 million customers all over the world that make use of its bundle of functions to handle and customise their {hardware} and applications. The corporate additionally gives cost companies for ‘players, youth, millennials and Gen Z’ by way of its Razer Fintech and Razer Gold companies.
Cake DeFi operates out of Singapore and affords DeFi companies and merchandise to customers with a major give attention to staking companies for cryptocurrency holders. The platform has generated $317 million in staking rewards since its inception up till March 2022.