Thread by @BWCrpyto

💎DeFi Kingdoms💎

What is @DefiKingdoms (DFK) & how will it revolutionize the way we perceive NFT’s?

Let’s begin... ⚔️💎

1/

💎 At it’s core DFK is a Decentralized Exchange (DEX) & Liquidity Pool (LP) disguised as a pixelated fantasy game with limitless potential

💎 They released in Q3 ‘21 with the 2k mint of their Gen 0 Heroes

💎 There is no hard-cap on quantity of heroes

2/

💎 DFK accomplishes this through the exchange of their native NFT - DFK Heroes

💎 Heroes can be purchased with DFK’s governance token $JEWEL

💎 Stay tuned for the tutorial on how to get your very own Hero

3/

💎 Before we get into $JEWEL let’s take a look at The World of Gaia

💎 Gaia prospered for centuries & acquired immense technological advancement before falling victim to greed

💎 Those who held true to Gaia were granted safe passage into The Inner Grove...

4/

💎 Irae, The God of Renewal, could no longer bare mistreatment of Gaia & decided to separate the continent by vast oceans - putting a halt to their progress

💎 After many millennia apart the land & people are slowly returning to the old harmonious balance of peace & love

5/

💎 Kingdoms, once continents, are now connecting with neighboring kingdoms

💎 Though they may differ, they all have one thing in common, a connection to the life giving land they inhabit

💎 This land provides a special crystallization key that powers their economy $JEWEL

6/

💎 $JEWEL is a multi-purpose, utility driven, governance token

💎 $JEWEL can be used to purchase Heroes, Kingdoms (TBA), & used for LP’s to earn yield through staking

💎 $JEWEL is essential for DFK, it will play a massive role in its success

7/

💎 First you need $JEWEL then we’ll get into how you can utilize this valuable asset

💎 Acquire $ONE (KuCoin) ➡️ send to MM Harmony address (plug MM address in harmony explorer) ➡️ head to the marketplace on DFK and exchange $ONE ➡️ $JEWEL

💎 Speak to the trader

8/

💎 Now that you have $JEWEL you can earn yield from two ways, The Garden & The Bank

💎 Both provide amazing opportunities but which path you will choose will be up to you - I will go into brief detail below but please DYOR

9/

💎 The Garden will provide you an array of LP’s to stake and earn high % yield - subject to IL (Impermanent Loss) & lock periods that will be released over time (refer to WP for epochs)

💎 Rewards will be released as epochs pass & fees vary on time of withdrawal

10/

💎 The Bank provides a unique alternative option - Single Sided Staking

💎 There are no locking periods or withdrawal fees at the bank & 1/3 of all transaction fees accumulated in DFK will be divvied to Bank stakers (including Land Plot sales)

💎 Visit Ian at the Bank 💰

11/

💎 When you stake $JEWEL you will receive xJEWEL in return

💎 xJEWEL will always be more valuable then JEWEL, the ratio is always increasing - this is how you earn yield

💎 FWIW rates at the Bank are less than the Garden, but no lock period or fees...

12/

💎 DFK just accomplished an amazing achievement - $250m TVL 🔥🔥

💎 As DFK gets more exposure $JEWEL will be more sought after

💎 $JEWEL is up 45% in the last week with a MC of $350m

13/

💎 If you’d like to purchase a Hero then visit the tavern & speak with Agent Selina

💎 There are endless combinations of Heroes that can suit which ever need you’re seeking - let’s get into the Hero guide

14/

💎 Important factors 💎

💎 Generation
💎 Class - Sub Class
💎 Summons
💎 Profession
💎 Stats
💎 XP
💎 Stamina

15/

💎 DFK started with 2k Gen 0’s

💎 They have unlimited summons with a cool down period - cost of summoning will increase the more you summon

💎 There are a total 11 generations ( 0 ➡️ 10)

💎 When you summon, you’re new hero will be granted the lowest of the 2 heroes gen

15/

💎 Paired classes can potentially summon a more advanced one

💎 Even commons have potential to summon Mythics

💎 Summons are limited, when you run out you can no longer summon

💎 The more you summon, the greater the cost

💎 Stats will compliment specific professions

16/

💎 If you’re seeking a more advanced class look to purchase classes that pair with their respective partner

💎 Nothing is guaranteed when summoning and this only increases the probability

💎 Heroes with similar professions/stats are more likely to pass it to the new hero

17/

💎 Each class will be more valuable in its respective profession

💎 When profession quests are revealed this will play a vital role when partaking in quests & leveling up your Hero

💎 Refer to WP for more details about professions, classes, and stats

18/

💎 Deciding on your Heroes profession is completely up to you

💎 Each profession will provide unique in game benefits that will serve your Hero and your Kingdom!

💎 NOT ALL HEROES ARE CREATED EQUAL

19/

💎 In order to summon a hero you will need $JEWEL as well as Gaia’s Tears (Tears)

💎 Tears are rewarded at the wishing well when you send your Hero on a quest or you can purchase at the marketplace

💎 10 Tears are required per Hero in order to receive an infused crystal

20/

💎 Users will gain in-game tradable items from questing (which drains your stamina & replenishes passively with time)

💎 Runes will also play a role in the game more TBA

💎 Profession quests, PvE/PvP, Kingdoms and leveling will take this game to the next level🔥🔥

21/

💎 Heroes will be able to craft, equip and trade Equipment NFT’s

💎 They will range in rarity similar to Heroes (common, uncommon, rare, legendary, & mythic)

💎 Equipment will grant new passive and active abilities to your heroes & stats

22/

💎 NOT ALL KINGDOMS ARE CREATED EQUAL

💎 There will only be 1000 Land Plots

💎 Each Land Plot will have unique natural environments that you can harness resources from and use to build up your kingdom!

💎 Whats beyond the walls? Stay tuned and find out

💎 Did I miss anything?

💎 Comment below and share!

💎 DFK is a very in-depth game and a dream for those who love crypto & NFT’s

💎 Think RuneScape + Skyrim + Ancient Civilizations

💎 HAPPY HUNTING 💎

❌ This is NFA - I am simply providing you the information about DFK

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