DeFi Kingdoms Crystal price

CRYSTAL

#4750

First and foremost, DeFi Kingdoms stands out thanks to the clever integration of DeFi functionality with game elements. In contrast to countless other games incorporating similar features, the combination of financialization and gaming feels natural on DeFi Kingdoms. This is aided by the several key features of DeFi Kingdoms.

Its decentralized exchange uses the Uniswap V2 Protocol and allows players to swap tokens and become a liquidity provider to earn fees on token swaps.

LP tokens can also be staked in The Gardens, where players can receive tokens for buying rare NFTs and other items. The Gardens are visualized in a unique way through different plants and crops the players have to tend to and harvest to receive their rewards. Each garden is a unique LP pairing and harvested yield is deposited in the storehouse.

In DeFi Kingdoms, Heroes are more than standard NFTs, as they are playable characters that can earn token rewards and level up their stats. Being one of the game's key features, they are assigned to go on quests and battle in different gameplay modes, including the DFK Duel minigame. Heroes are bought and sold in The Tavern and new heroes can be summoned at the Portal by combining genes from existing Heroes to create an entirely new, potentially extremely rare, NFT. Furthermore, players will be able to equip their Heroes with Pets and various Equipment NFTs, enabling them to have special passive and active abilities. Quests that Heroes can go on allow them to gather in-game resources, increase their farming yields from the Gardens, and unlock those rewards early with the help of Mining Heroes.

Players can also buy Land Plots in DeFi Kingdoms. These plots will differ based on their location, in turn providing different quantities of resources. In the future, players will have the option to build on their lands to increase bonuses for Heroes. Owning land will also enable players to find new valuable resources that can be used in Crafting and other game modes.

CRYSTAL is the power token of DeFi Kingdoms: Crystalvale. It is used for all in-game activities like buying and selling Hero and Pet NFTs, summoning new Heroes and leveling their stats, hatching Pets, and participating in the DFK Duel minigame. CRYSTAL can be swapped in the DEX for other tokens and in-game items, pooled for liquidity, and is emitted by the Gardens in Crystalvale.

While originally released with a maximum supply of 125 million tokens, this cap was increased to 250 million tokens in December 2022 as part of DeFi Kingdoms’ updated tokenomics. The additional CRYSTAL is being airdropped to holders of locked JEWEL on Harmony, and will also be locked.

CRYSTAL will begin unlocking in late March 2023, which will gradually bring the circulating supply up to match the total supply over the following year, even as CRYSTAL continues to be emitted in the Gardens up until it reaches the maximum supply, minus any burned tokens.

DeFi Kingdoms is maintained and developed by Kingdom Studios. Members of the team operate under pseudonyms, a common feature in community-driven projects as the examples of SushiSwap and LooksRare show. Nevertheless, the team hosts weekly AMAs in Discord and on YouTube, and many team members have voluntarily doxxed on live-stream.

The Kingdom Studios Board of Directors consists of:

• Dreamer, President and Director of Revenue and Operations
• Frisky Fox, Co-Founder and Director of Blockchain
• Beetle Dude, Director of Application

Other pillar heads include:

• Pie Face, Co-Founder and Director of Digital
• Bolon Soron, Director of Player Engagement

The team has outlined several trust-building measures, including verifying smart contracts on chain, seeking out audits, and the exclusive use of multi-signature wallets and vesting on JEWEL tokens.

CRYSTAL is available through the DeFi Kingdoms (Crystalvale) decentralized exchange on DFK Chain.

If you want to learn more about how to start buying cryptocurrencies, you can read more in our guide.