BW Profile picture
17 Nov, 27 tweets, 13 min read
πŸ’ŽDeFi KingdomsπŸ’Ž

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

Let’s begin... βš”οΈπŸ’Ž
1/

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

πŸ’Ž They released in Q3 β€˜21 with the 2k mint of their Gen 0 Heroes

πŸ’Ž There is no hard-cap on quantity of heroes
2/

πŸ’Ž DFK accomplishes this through the exchange of their native NFT - DFK Heroes

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

πŸ’Ž Stay tuned for the tutorial on how to get your very own Hero
3/

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

πŸ’Ž Gaia prospered for centuries & acquired immense technological advancement before falling victim to greed

πŸ’Ž Those who held true to Gaia were granted safe passage into The Inner Grove...
4/

πŸ’Ž 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

πŸ’Ž After many millennia apart the land & people are slowly returning to the old harmonious balance of peace & love
5/

πŸ’Ž Kingdoms, once continents, are now connecting with neighboring kingdoms

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

πŸ’Ž This land provides a special crystallization key that powers their economy $JEWEL
6/

πŸ’Ž $JEWEL is a multi-purpose, utility driven, governance token

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

πŸ’Ž $JEWEL is essential for DFK, it will play a massive role in its success
7/

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

πŸ’Ž Acquire $ONE (KuCoin) ➑️ send to MM Harmony address (plug MM address in harmony explorer) ➑️ head to the marketplace on DFK and exchange $ONE ➑️ $JEWEL

πŸ’Ž Speak to the trader
8/

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

πŸ’Ž 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/

πŸ’Ž 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)

πŸ’Ž Rewards will be released as epochs pass & fees vary on time of withdrawal
10/

πŸ’Ž The Bank provides a unique alternative option - Single Sided Staking

πŸ’Ž 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)

πŸ’Ž Visit Ian at the Bank πŸ’°
11/

πŸ’Ž When you stake $JEWEL you will receive xJEWEL in return

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

πŸ’Ž FWIW rates at the Bank are less than the Garden, but no lock period or fees...
12/

πŸ’Ž DFK just accomplished an amazing achievement - $250m TVL πŸ”₯πŸ”₯

πŸ’Ž As DFK gets more exposure $JEWEL will be more sought after

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

13/

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

πŸ’Ž There are endless combinations of Heroes that can suit which ever need you’re seeking - let’s get into the Hero guide
14/

πŸ’Ž Important factors πŸ’Ž

πŸ’Ž Generation
πŸ’Ž Class - Sub Class
πŸ’Ž Summons
πŸ’Ž Profession
πŸ’Ž Stats
πŸ’Ž XP
πŸ’Ž Stamina
15/

πŸ’Ž DFK started with 2k Gen 0’s

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

πŸ’Ž There are a total 11 generations ( 0 ➑️ 10)

πŸ’Ž When you summon, you’re new hero will be granted the lowest of the 2 heroes gen
15/

πŸ’Ž Paired classes can potentially summon a more advanced one

πŸ’Ž Even commons have potential to summon Mythics

πŸ’Ž Summons are limited, when you run out you can no longer summon

πŸ’Ž The more you summon, the greater the cost

πŸ’Ž Stats will compliment specific professions
16/

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

πŸ’Ž Nothing is guaranteed when summoning and this only increases the probability

πŸ’Ž Heroes with similar professions/stats are more likely to pass it to the new hero
17/

πŸ’Ž Each class will be more valuable in its respective profession

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

πŸ’Ž Refer to WP for more details about professions, classes, and stats
18/

πŸ’Ž Deciding on your Heroes profession is completely up to you

πŸ’Ž Each profession will provide unique in game benefits that will serve your Hero and your Kingdom!

πŸ’Ž NOT ALL HEROES ARE CREATED EQUAL
19/

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

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

πŸ’Ž 10 Tears are required per Hero in order to receive an infused crystal
20/

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

πŸ’Ž Runes will also play a role in the game more TBA

πŸ’Ž Profession quests, PvE/PvP, Kingdoms and leveling will take this game to the next levelπŸ”₯πŸ”₯
21/

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

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

πŸ’Ž Equipment will grant new passive and active abilities to your heroes & stats
22/

πŸ’Ž NOT ALL KINGDOMS ARE CREATED EQUAL

πŸ’Ž There will only be 1000 Land Plots

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

πŸ’Ž Whats beyond the walls? Stay tuned and find out
πŸ’Ž Did I miss anything?

πŸ’Ž Comment below and share!

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

πŸ’Ž Think RuneScape + Skyrim + Ancient Civilizations

πŸ’Ž HAPPY HUNTING πŸ’Ž

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

β€’ β€’ β€’

Missing some Tweet in this thread? You can try to force a refresh
γ€€

Keep Current with BW

BW Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Thank you for your support!

Follow Us on Twitter!

:(