Thread by @PortfolioPeon

With @DefiKingdoms expansion #Crystalvale coming up, here is a quick at the DeFi x GameFi powerhouse's ecosystem with @Gregwtl. We'll be adding updates as we get closer to launch!

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1/n

$JEWEL $ONE $AVAX #DFK #NFT #DeFi

.@DefiKingdoms is a DEX protocol at its heart. But layered on is an RPG system that augments the experience with visuals, NFTs, and quests.

DFK currently operates on @harmonyprotocol, but will soon expand to @avalancheavax as well.

2/n

$JEWEL $ONE $AVAX #DFK #NFT #DeFi

The @DefiKingdoms team of ~50 is undoxxed, but its track record so far has been impressive.

There are also no VC investments, apart from a $1mn grant from Harmony's foundation.

Notable partners include @avalancheavax and @terra_money.

3/n

$JEWEL $ONE $AVAX #DFK #NFT #DeFi

.@DefiKingdoms has a long roadmap with two main development paths:
🟩The depth of the the NFT #GameFi mechanics with lands, buildings, equipment, and battle systems.
🟩The breadth of chains to build its #DeFi offerings.

4/n

$JEWEL $ONE $AVAX #DFK #NFT

Before continuing, its probably used to know how to access @DefiKingdoms's PC browser interface to fiddle around with.

You'll need to set up access to Harmony's mainnet, and have a little bit of $ONE at least.

5/n

$JEWEL $AVAX #DFK #NFT #DeFi

Once in, you see a map of Serendale, the @DefiKingdoms kingdom hosted on Harmony.

Heres a list of the locations available atm. For a start, locations related to $JEWEL and Hero NFTs would be of greatest interest.

6/n

$ONE $AVAX #DFK #NFT #DeFi

After acquiring some $JEWEL by swapping at the Marketplace, there are three main things to do in @DefiKingdoms.

1⃣Stake $JEWEL
2⃣Provide $JEWEL-$____ liquidity
3⃣Acquire a Hero to quest

7/n

$ONE $AVAX #DFK #NFT #DeFi

.@DefiKingdoms native token $JEWEL's value comes from
🟩Governance
🟩Summoning (Breeding)
🟩In-game purchases
🟩Burn mechanism for transactions
🟩Locking model for LPs
🟩Earning tokens on expansion platforms (i.e. $CRYSTAL for $AVAX)

8/n

$ONE #DFK #NFT #DeFi

As a #DeFi platform, @DefiKingdoms has carried Harmony on its shoulders. @avalancheavax's TVL is ~10x that of Harmony's, presenting a tremendous growth opportunity for DFK.

Only 17 NFT projects on Ethereum boasts volume greater than DFK.

9/n

$JEWEL $ONE $AVAX #DFK #NFT

The Heroes #NFT in @DefiKingdoms are alot more complicated, but has the potential to boost #DeFi returns.

Some of the most important attributes are:
🟩Generation - Affects summoning
🟩Class & Rarity - Affects stats
🟩Stats - Affects questing

10/n

$JEWEL $ONE $AVAX #DFK

There are 15 Classes in @DefiKingdoms, each falling into one of 4 Ranks.

Different pairs of Classes are required to summon a higher Rank.

Higher Ranks have better bonuses.

Summoning gets more expensive over Summons and Generations.

11/n

$JEWEL $ONE $AVAX #DFK #NFT #DeFi

More on Professions, Quests, Summoning, Crystalvale, and decision making soon!