Defi Kingdoms

What is DeFi Kingdoms?

DeFi Kingdoms is a cross-chain, play-to-earn (P2E) blockchain game that merges decentralized finance (DeFi) mechanics with pixel-art fantasy role-playing elements. Launched in 2021, it offers players an immersive experience where they can engage in activities like summoning heroes, completing quests, and participating in liquidity mining, all within a gamified DeFi environment.

DFK Chain

To enhance scalability and user experience, DeFi Kingdoms introduced its own blockchain, the DeFi Kingdoms Blockchain (DFK Chain), built in partnership with Avalanche using their Subnet technology. This dedicated chain handles gameplay transactions for the Crystalvale realm and utilizes the JEWEL token for gas fees, ensuring low transaction costs and efficient processing. Gas fees collected are distributed among validators, burned to reduce supply, and allocated to the Quest Reward Fund, promoting network sustainability and community engagement.

JEWEL Token

JEWEL is the native utility token of the DeFi Kingdoms ecosystem. It serves multiple functions, including:

 
• Governance: JEWEL holders can participate in decision-making processes affecting the game's development and policies.
 
• Staking and Rewards: Players can stake JEWEL to earn rewards, such as xJEWEL, which entitles them to a share of trading fees.
 
• In-Game Utility: JEWEL is used for various in-game activities, including summoning heroes, purchasing items, and paying for transaction fees on the DFK Chain.

With a maximum supply of 125 million tokens, JEWEL has implemented deflationary mechanisms, such as token burning through gameplay and gas fees, to maintain its value over time.

Integration with Cryptoworth

DeFi Kingdoms integrates with Cryptoworth to provide users with enhanced financial clarity in accounting workflows. This integration allows players and financial professionals to efficiently track, categorize, and report transactions within the DeFi Kingdoms ecosystem, ensuring accurate financial reporting and compliance with accounting standards.

Key Features

 
• Gamified DeFi: Combines traditional DeFi elements with engaging gameplay, offering users a unique and interactive financial experience.
 
• NFT Heroes: Players can summon, trade, and utilize unique NFT heroes with varying attributes for quests and battles.
 
• Decentralized Exchange (DEX): Integrated DEX allows for seamless token swaps and liquidity provision within the game.
 
• Multi-Chain Expansion: Initially launched on Harmony, DeFi Kingdoms has expanded to other chains, including Avalanche, to broaden its reach and capabilities.

Developer and User Experience

 
• User-Friendly Interface: Intuitive design caters to both gamers and DeFi enthusiasts, lowering the barrier to entry.
 
• Community-Driven Development: Active community participation influences game updates and feature implementations.
 
• Educational Resources: Comprehensive documentation and tutorials assist users in navigating the game's DeFi components.

For more information, visit the DeFi Kingdoms website.

Frequently Asked Questions

1. Can players generate financial reports from DeFi Kingdoms activity?

Yes. While the game itself doesn’t provide accounting features, tools like Cryptoworth enable players and accounting professionals to extract, categorize, and report all on-chain JEWEL activity — from staking rewards to in-game swaps. Explore crypto accounting software for play-to-earn ecosystems.

2. Is it possible to calculate cost basis for JEWEL tokens earned in-game?

Absolutely. Whether you earn JEWEL through quests, liquidity mining, or trading, every transaction has a cost basis. Cryptoworth’s cost basis calculator helps track asset origin, acquisition value, and historical pricing — all essential for reporting and tax prep.

3. How can DAOs or guilds track collective assets within DeFi Kingdoms?

DAOs, guilds, or shared wallets often hold multiple hero NFTs and tokens. Cryptoworth supports multi-entity reporting, enabling structured ledgers and clear tracking of community-owned assets. See how Cryptoworth helps prepare audit-ready records.