Defi Kingdom (DFK) is going wild!
I literally just made a DFK post yesterday talking about my first hero summon, how to do it and how it went for me. Today, Defi Kingdom keeps making ATH and currently sitting around $17 like #omg! I'm sure the pump relates to the newest announcement of them airdropping their new tokens to a few eligibles.
Serendale to Crystalvale
Defi Kindom first started on Harmony ONE chain and now they are planning on expanding to a few other L1 chains. First of all, it will expand to Avalanche (AVAX) and will call the kingdom there Crystalvale. So besides $JEWEL, there will be some $CRYSTAL and that's what we're getting to.
Before getting to that juicy drop though, here are some of the good reasons to the expansion I'd like to point out:
- New chains = new TVL, new player base = more adoption = increased value of DeFi Kingdom economy (across all chains)
- Current holders will qualify for airdrops leading up to the launch.
- People will have to buy Jewel to get Crystal for the initial bootstrapping of Crystal supply — this will raise price of Jewel.
More about DeFi Kingdoms Expansion to Avalanche — Why and How it Can Benefit Everyone
Who's eligible for the airdrop
- Airdrops for xJEWEL Holders the staked $JEWEL in the bank to be exact - $600k CRYSTAL to be awarded to xJEWEL holders according to their average holdings between Jan 3, 2022 and Jan 24, 2022.
Plus 25 Shiny Crystalvale Gen 0 Heroes (I want this like A LOT) in a raffle for these xJEWEL holders.
- Airdrops for Hero Owners shortly after the launch of Crystalvale and here's how many you'd get. Snapshots will be taken on Jan 21, 2022 for this.
Common - 1 CRYSTAL
Uncommon - 2 CRYSTAL
Rare - 4 CRYSTAL
Legendary - 8 CRYSTAL
Mythic - 16 CRYSTAL
- Airdrops for Hero Summoners - Each new Hero summoned from Jan 1, 2022 until Jan 21st, 2022 (EST) will result in 1 raffle entry for the summoner (player) to win a Shiny Gen 0 Crystalvale Hero Crystal. There will be 10 drawings for a total of 10 Gen 0s.
- Airdrops for Bridged JEWEL holders on Avalanche will receive a collective 100k CRYSTAL tokens shortly after the launch of Crystalvale, according to their average Avalanche JEWEL holdings between Jan 3, 2022 and Jan 24, 2022.
- Airdrops for JEWEL LP holders so if you've been providing LP in the current Serendale Gardens, 300k CRYSTAL tokens will be awared to their average staked LP holdings between Jan 3, 2022 and Jan 31, 2022.
Love Defi Kingdom!
I'm certainly so excited for the new phase with all the expansions and the new token and whatever they have planned for the kingdom! Did I tell you that this is actually one of not many games I enjoy playing. Oh! I did in my last post! Feel free to check that out as well if you keen on summoning a hero NFT on the platform.
Even more glad that I know I'm eligible for the airdrop they're doing since I have been providing liquidity. $JEWEL-$ONE to be exact. The APR has been so far so good. I don't plan on selling any time soon so I will see you on the other side!
$JEWEL price
It's not really on any CEXs just yet so if you'd like to see the live price chart, here's where you do it: https://nomics.com/assets/jewel2-defi-kingdoms - below is a 1 day chart. NGL but I think this is looking good!
Come join the fun!