DeFi Gaming Platform Using the Layer 2 Benefits

Abstract

Decentralized finance (DeFi) and blockchain-based gaming platforms are rapidly gaining popularity in the digital world. However, the high gas fees associated with on-chain transactions make it difficult to use these platforms for mass adoption. In this paper, we propose a DeFi gaming platform that leverages the benefits of layer 2 solutions to reduce gas fees and improve user experience. Our platform utilizes state channels, where players can interact with each other without the need for on-chain transactions. Our platform's architecture and smart contracts are designed to ensure security, transparency, and fairness. We demonstrate the feasibility and effectiveness of our platform through several test scenarios. In addition, we implement two approaches to validate the game results for different games. Our results show that using a layer 2 solution significantly reduces gas fees, making DeFi gaming accessible to a wider audience. Our proposed platform can potentially revolutionize the gaming industry by providing a seamless, decentralized, and rewarding gaming experience to users.