Defi Kingdoms is a medieval-style pixel RPG with gold mining, decentralized exchange, and liquidity pool. In this DeFi Kingdoms review, we’ll take a look at what makes it such a fun and engaging game. Let’s start with its gold mining, then move on to its decentralized exchange and Liquidity Farming Pools. The gold mining is what makes DeFi Kingdoms really stand out from the competition, but is it worth playing?
Defi Kingdoms is a medieval-style pixel RPG
The game’s mechanics are based on a unique cryptocurrency called JEWEL, which is redistributed into the gaming network for various purposes. In addition to fulfilling several different gaming functions, JEWEL can also be swapped for other tokens. Players can also mine for rarer treasures such as Gaia’s Tears or Shvas Runes, while the mining profession allows heroes to collect Yellow Eggs and Shvas Runes. DeFi Kingdoms uses unique pixelated NFTs to make their heroes unique and powerful.
In DeFi Kingdoms, players can invest in various properties and trade with eccentric NPCs to earn money. The game’s art style has been compared to that of Runescape. Despite the pixel-style graphics, players will find the interface to be easy to learn and play. The game’s native coin, the Jewel, is used for all transactions, including summoning heroes, buying items, and exchanging for xJewel.
While DeFi Kingdoms is not fully functional yet, its developers are confident enough to release it on Steam. As a token-based virtual currency, DFK is an excellent option for a first-time entrant who wants to try the blockchain in gaming. This cryptocurrency also has the potential to make money for game developers. Defi Kingdoms is not only an enjoyable game to play, but it’s also a good way to support the developer’s growth plans.
It has a decentralized exchange
Defi Kingdoms’s token, the $JEWEL, is at the heart of the game, a cross between an in-game currency and a traditional crypto token. The $JEWEL token powers everything in the game, from purchasing NFTs to giving player rewards and community funds. JEWEL is also used as the main currency in the game, and it’s earned by staking in game’s decentralized marketplace. Players can earn more JEWEL by playing the game and earning LP tokens through other means.
Players can deposit JEWEL into the Bank, which then receives fees from the DEX and periodically buys JEWEL tokens. The Bank then purchases these JEWEL tokens, transferring a percentage of it to their accounts. JEWEL stakes will always be worth more than the player’s original deposit. These JEWEL tokens can be used for trading and summoning in the game.
The game’s developers describe the game as a decentralized currency exchange (DEX), liquidity pool, and a market for rare utility-driven NFTs. In addition to decentralized exchange, it uses its own cryptocurrency called One to perform transactions. It’s also designed to be fun to play, with a mix of Final Fantasy and Robinhood. This game is available for free on the DeFi Kingdoms website.
It has gold mining
Defi Kingdoms offers players an opportunity to mine for gold and trade it with other players. The game uses the Harmony ONE blockchain and its native coin, JEWEL, to facilitate transactions. It also features a variety of gold-mining tasks and rewards. As a bonus, it also has quests and heroes that reward players with gold. While mining gold, players need to have at least one hero with the mining profession to complete these tasks.
In order to get started with gold mining in Defi Kingdoms, you must first obtain a specialized tool known as a “Miner.” The mining tool is a device that uses the ONE cryptocurrency to perform its internal processes. Once you have ONE, you will be prompted to select a character’s name and avatar. The gold you earn will be used for purchasing in-game items.
The DeFi Kingdoms token is more than just an average cryptographic token. It is the main currency in the game. It will serve as a primary symbol of value in the game, enabling players to buy the most useful items. Players can also use JEWEL for liquidity mining, which allows them to earn more through wagering. In addition to these uses, JEWEL also represents governance, with holders being allowed to have a voice in the development of the game.
It has a liquidity pool
The game is built on the Harmony Blockchain and uses ONE as its native crypto for internal processes. This cryptocurrency is widely available on trading platforms. As a result, transaction costs are much lower than other blockchains. The liquidity pool provides the opportunity for players to exchange their JEWEL tokens for a range of other currencies. The game is geared towards gamers looking for a unique gaming experience, while also allowing the user to earn JEWEL while playing.
DeFi Kingdoms has implemented mechanisms that are intended to help prevent pump and dump schemes. These mechanisms include fees for withdrawing LP tokens. Withdrawals will incur a fee, but the fee will be lower if you stake for a longer period of time. As long as players maintain their staking requirements, they should be able to earn a higher percentage of JEWEL tokens.
The system is based on decentralized exchanges, which are facilitated by smart contracts. Liquidity providers in DeFi Kingdoms can earn power tokens as a reward. The rewards can be claimed for a particular pairing, or across all liquidity pools. The Harvest box in the DeFi Kingdoms garden provides an additional incentive to provide liquidity. Tokens are staked in the gardens. This way, the tokens are rewarded for their use.
It has staking
DeFi Kingdoms has stakes for both players and investors, which is a welcome change from many blockchain games. The game’s banking system, or “staking pool,” works like a stock exchange, with a player trading JEWEL in exchange for xJEWEL, a virtual ownership share. Transaction fees are shared with the bank, which uses the money to buy more JEWEL. In this way, you can think of the game’s fee sharing system as buying stock in the game’s bank and earning dividends over time.
DeFi Kingdoms’ tokens are divided into two categories: Jeweler and Garden. Jeweler holders earn xJEWEL, while Gardeners earn LP Tokens (which add liquidity to the exchange pool). Both types of tokens are useful for making transactions and advancing the game’s economy. The JEWEL token is the primary currency of the game. The corresponding primary coins are JEWEL and CRYSTAL.
The game also incorporates interactive NFTs to allow players to customize their characters. Characters in Defini Kingdom have the typical traits of high-fantasy RPGs, including stats, levels, and pets. Players can earn staking rewards by owning kingdoms, which generate financial rewards and character buffs. Developers plan to eventually introduce battles to the game’s ecosystem, and traditional RPG mechanics.
It has equipment NFTs
Defi Kingdoms has equipment NFT, a system that lets you spend JEWELs to buy and equip heroes. The game uses hero stats to determine which hero to send on PVE missions. These heroes are grouped according to their professions and genes. Each hero has different stats and can be leveled up. The goal of an NFT is to increase its player’s stats.
In DeFi Kingdoms, equipment NFTs can be used to make specialized items. They can be used for a variety of different purposes, including crafting equipment. In addition to enabling players to create specialized weapons and armor, equipment NFTs can also be used to improve other aspects of the game. For example, a specialized archer or warrior will be useful to produce potions. As a player, you can buy and sell items from the store to increase your income.
The game’s secondary NFT collection is the kingdoms. These kingdoms are plots of land on the world map. They provide various resources based on their location, which helps players build more advanced buildings and equipment. Players can farm for these resources by building buildings near resource nodes. Certain kinds of buildings also provide passive bonuses to heroes. Foraging also leads to rare materials and special equipment. In addition, NFTs are used to earn income.