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What is DeFi Kingdoms? What is JEWEL?

By James Dean
Jan 23, 2025
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In this article, you will learn what is DeFi Kingdoms. Play-to-earn games are a popular application of blockchain technology in the gaming industry, as they provide a new way for players to monetize their skills and time invested in the game. DeFi Kingdoms is one of them. 

What is DeFi Kingdoms?

DeFi Kingdoms is a blockchain-based game that runs on the Binance Smart Chain (BSC). It is a decentralized finance (DeFi) platform that allows players to earn rewards by participating in various activities such as staking, farming, and battling. The game's native token is called Knight, which can be earned by playing the game and participating in its various features.

In DeFi Kingdoms, players can build their kingdoms and expand their territories by exploring the game's virtual world, battling other players, and completing quests. The game also features various DeFi protocols, such as liquidity pools and yield farms, which allow players to earn rewards by providing liquidity or staking their tokens.

DeFi Kingdoms aims to provide a gamified experience for users to learn about DeFi protocols and earn rewards in a fun and interactive way. The game has gained popularity in the BSC ecosystem and has attracted a growing user base.

What is JEWEL?

JEWEL is the native token of the Jewel Network, a blockchain-based platform that aims to provide a decentralized financial ecosystem for users. The Jewel Network is built on the Binance Smart Chain (BSC) and offers various DeFi protocols, including a decentralized exchange ( DEX), yield farming, and staking.

JEWEL tokens are used as a utility token within the Jewel Network, and users can earn rewards by staking their JEWEL tokens in the network's liquidity pools or by participating in yield farming. The token can also be used to pay for transaction fees and other services within the platform.

JEWEL is used for governance rights, fee distribution opportunities, and in-game power-ups. It is also used as the native gas token on Harmony and for gameplay transactions for Crystalvale.

What is Questing?

In DeFi Kingdoms, Quests are a major part of gameplay for Heroes. Quests are divided into two categories: Profession Quests and Training Quests. Profession Quests are non-combat oriented quests that allow Heroes to learn and excel at different skills to benefit the kingdom while Adventure Quests involve going to a remote location with a team of heroes to fight evil and collect spoils.

Four different professions are available to Heroes in DeFi Kingdoms: Gardening, Mining (both Gold Mining and JEWEL mining), Fishing, and Foraging. Each profession has a profession skill associated with it, which has a chance to increase each time a Hero completes an associated profession quest. As these skills increase, so too will the Hero's ability to earn rewards from that profession.

Bottom Line

DeFi Kingdoms is an exciting cross-chain game that combines elements of DeFi and MMORPGs. With its two realms, Serendale 2.0 and Crystalvale, players can enjoy unique opportunities and game experiences. This article is about what is DeFi Kingdoms.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of BitKan. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. BitKan shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. Products mentioned in this article may not be available in your region.

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