https://medium.com/@1474717151/defi-kingdom-8d7f7e55d5d4
这个是2月10日的价格
DeFi Kingdoms 算是Defi +GameFi的概念比较成功的一个项目 但是时间窗口也不过1个月而已
https://www.thedefiedge.com/my-favorite-farm-of-2021/
https://twitter.com/thedefiedge/status/1492210106838274051
Jewel Farm on DeFiKingdoms
Transparency: I have been in this farm since September 21'. It was one of my biggest winners of 2021. Keep in mind when I started farming here, the rates were over 2000%+ APR. It has since gone down since more people are invested. I'm still currently invested and don't plan on exiting anytime soon. These rates are still attractive to me.
Why did I invest in DeFiKingdoms?
DeFiKingdoms is a DEX / RPG game that's being built on Harmony One (Expanding to other chains soon) I'm bullish on Harmony One, GameFi, and NFT's. This project gave me exposure to all 3 at once.
I was tired of investing in projects where people would farm tokens, and then immediately sell-off. If the only value proposition is governance, then people have no incentive to keep the token.
Well, DeFiKingdoms is building an RPG game. Whenever people want to do anything in the game, they'll have to USE the Jewel token. One thing that impressed me about the team is that they have been executing their roadmap on time.
And on top of all this, they have amazing tokenomics.
Whenever a new feature launches, they conduct airdrops to people staking Jewel in the bank. The game is expanding to AVAX in Quarter 1. Instead of Jewel, the currency there will be Crystals. I have thousands of Jewel staked because I want to be airdropped Crystal, and have the chance to win a Generation 0 hero.
This cycle keeps repeating itself with each new feature, and each new expansion (They're planning to be on 5 chains in total) DFK already has more transaction volume than Axie Infinity, while having significantly less market cap.
That shows tremendous growth, especially considering the future chain expansions.
My Strategy:
I don't play the game. I don't own any heroes.
I treat this project like a DEX with interesting gamification. There's a tremendous profit opportunity if you're willing to invest the time in learning the game. But for me, I like to keep things simple. There's an opportunity cost to my time.
I farm with the ONE - Jewel LP. I went with ONE - Jewel because I figure it'd have the lowest impermanence loss.
- I provide my Jewel - One LP in the gardens.
- I harvest my Jewel every few days.
- Stake the Jewel in the bank for xJewel.
What is xJewel?
It works similar to xSushi or sSpell (abracadabra). You stake your Jewel and you get more Jewel in return. (Every time people use Jewel in the game, a % goes back to the bank and gets distributed to the stakers)
The Risks Involved:
When I invested in the game, I'd say the risk was a 9. It was a high-risk play for me. Now I rate it around a 6 in risk levels and put it into my "medium risk" bucket. The team has proven itself over the past half-year.
The downsides:
- A portion of your Jewel is locked until July. I know you're thinking, "Wait, wouldn't people just dump their tokens in July?" The tokens are unlocked slowly over time. The point of this tokenomics model was to give the developers time to build the game. By the time the tokens unlock, so much utility in the game will be unlocked.
- I can't quite say that it's a game yet. You can buy a hero and start questing with it. That's about it. They'll have some interesting mechanics coming soon like housing and PVP combat.
- High barrier of entry for newbies. Floor heroes now are around 30 Jewel which is (~$250usd ish). DFK is working on introducing a "scholarships" feature that'll make it easier for new players.
I'm still massively bullish for DeFiKingdoms this year.
Jewel is around $8.75 now and was around $22 at its all-time high. The community is hardcore, I love the team, and I'm excited about their roadmap.
Anyways, remember that this is NOT me telling you to APE into the project. I'm shining a spotlight onto a project for you to research more if you're interested.
