Decentralized finance (DeFi) has undoubtedly been one of the hottest topics in recent years and it has become a common understanding of the cryptocurrency industry. This is clearly supported by the numbers. Data from DeFi Lama shows that just under $200 billion is currently locked down across various decentralized protocols, with Ethereum firmly in the lead, followed by Fantom, Terra and the Binance Smart Chain. There are plenty of protocols that offer a range of different features to their users who seem to have a constant hunger for more decentralized applications (dApps), as evidenced by the growing number of wallets interacting with the field. Aiming to provide a new product, as well as mixing it with clear game theory elements, Stadium Finance stakes two tokens against each other in a battle where the winner gets to keep the loser’s proceedings. An outright competition between two communities, supported by a strong meme culture. What is Stadium Finance? First of all, it’s worth noting that DeFi’s field, as innovative and full of potential it is, has its dark side. Scams, pumps and deposits, hyped cash grabs and wishful thinking – it’s all full of them. Recently, CryptoPotato reported a hack against a liquidity management protocol, which subsequently led to a 95% drop in the native token price. And this is just one example – there are countless. Stadium.Finance is trying to change this by introducing a new approach that pits users not against the market, but against… well, users on another team. The protocol whitepaper reads: “This idea was born after GameStop and AMC taught us the power of a unified community fighting for its place in the marketplace. Even great whales can be taken down crumbling, as long as everyone has something worth investing in.” How does it work? The protocol introduces two tokens inspired by some of the most popular memes in the cryptoverse – SAPE and SPEP – based on monkeys and pepes, respectively. Before explaining how it works, it’s important to consider some of its mechanisms. Stadium went live on November 1, 2021 and had a public countdown several weeks prior to launch. Two quadrillion tokens were minted as part of the implementation – one quadrillion for each token (SAPE and SPEP). 5% of all SAPE tokens were donated to Vitalik Buterin – the co-founder of Ethereum and 5% of all SPEP tokens were donated to Changpeng Zhao – the founder of Binance. 45% of the remaining supply of both tokens was sent to be burned. There is a 5% fee for every transaction regardless of the token. This is an important part of the protocol. The way it works is Stadium Finance holds a battle between SAPE and SPEP holders once every 9,699 blocks are mined on BSC. The rewards collected during this period are used to build up the token’s battle treasure, which is then deployed during combat. During the battle, Stadium.Finance’s smart contract monitors PancakeSwap’s liquidity pool to assess which token grew faster in value since the last battle – this is a component measured by the number of underlying tokens added to the liquidity pool . The losing token is then penalized by selling its battle treasure on the DEX, where the money is used to buy the token from the winner’s token. All in all, it seems like an interesting approach with elements from serious game theory. The team chose the Binance Smart Chain mainly because of its size while at the same time its more affordable transaction costs and faster processing times compared to Ethereum. SPECIAL OFFER (Sponsored) Binance Free $100 (Exclusive): Use this link to register and get $100 Free and 10% Off Fees on Binance Futures First Month (Terms and Conditions). PrimeXBT Special Offer: Use this link to register and enter POTATO50 code to get 25% off trading fees.