DeFi Kingdoms is a blockchain-based play-to-earn game that combines elements of decentralized finance (DeFi) and massively multiplayer online role-playing games (MMORPGs). Let's take a closer look.
What is DeFi Kingdoms P2E Game?
DeFi Kingdoms is a cross-chain game that has numerous realms built in, each with its own unique taste and opportunity for players. Serendale 2.0 and Crystalvale are the two kingdoms available in the game right now.
On the Klaytn blockchain, Serencale 2.0 has its own new cryptocurrency called "JADE," more hero classes, and a new taste to go with its new setting.
Crystalvale is the second realm in DeFi Kingdoms and was launched on the DFK Chain (an Avalanche subnet) on March 30, 2022. New hero classes, a Power Token called "Crystal," and an entirely new environment were all introduced in Crystalvale.
What are Power Tokens in DeFi Kingdoms?
Power Tokens are tokens that are utilized for all game transactions in DeFi Kingdoms, such as purchasing Hero and Pet NFTs, summoning new Heroes and hatching Pets, leveling Heroes, and more. Each realm in DeFi Kingdoms has its own dedicated Power Token, which can be swapped in the DEX for other tokens and in-game items and pooled for liquidity. The Power Token in Crystalvale is CRYSTAL, and the Power Token in Serendale on Klaytn is JADE.
Players can earn both the ecosystem token, JEWEL, and the realm-specific Power Tokens through gameplay in DeFi Kingdoms. The Power Tokens are emitted by the Gardens in each realm, and the fees from every in-game transaction are apportioned to the respective wallets for each realm, with a portion of the fees allocated for token burn, quest rewards fund, Jeweler Rewards/fee distribution, and development fund.
What is DeFi Kingdoms P2E Game? What are Power Tokens in DeFi Kingdoms? - Hopefully, this article can help you to get some knowledge.
