What is DeFi Kingdoms?

What is DeFi Kingdoms? DeFi Kingdoms or DFK is the new decentralized exchange (DEX) blockchain game with a liquidity pool (LP) opportunity. More aptly, it is a market of rare utility-driven NFT and a crypto play-to-earn RPG with a classic fantastical pixel art style. It’s pleasant, easy to use, and simple to get started with. 

Are you a beginner and wondering how to get started and what this crypto game has for you? Then here is this guide for you. It will cover all you need to know about DeFi kingdoms, Single Stake Jewel, and Liquidity pool. Continue reading to explore what is DeFi Kingdoms and all that it has for you.

What is DeFi Kingdoms?

Defi kingdoms

DeFi Kingdoms is a crypto play-to-earn blockchain game based on NFTs and Jewel. The Jewel is the game’s native currency. Buying heroes, summoning heroes, swapping for xJewel, and staking are all done with the local coin Jewel.

The game as a DEX was launched on the 22nd of August, 2021 with LP farming options. The game keeps on adding additional advances and features from time to time.

Decentralized finance, or DeFi, is a type of fintech that is built on public ledgers that aren’t controlled by a single company.

DeFi Kingdoms appears to be a classic pixel RPG. Players invest and earn, and tour the Tavern, Bank, and Garden, as well as speak with the town crier and other quirky NPCs, investing and making money. 

It’s free to get started, but you’ll have to pay gas fees if you want to engage with the blockchain. All transactions in the game are made with the native token Jewel, which is based on the Harmony Protocol blockchain with its native currency “One”. According to CoinMarketCap, Jewel is worth roughly $8 or roundabout.

The game is set in Gaia. It is a fictional planet with a rich and engrossing narrative that was once united but then the residents caused the land to be devastated due to over-farming and overexploitation.

Those who remained committed to the Gaia continent were transferred to the Inner Grove, and the once-single continent was divided by a deity. Separate kingdoms arose and then rejoined over time.

Players begin the game in the Age of Heroes, where they are tasked with gathering Jewels. They bring heroes back into the world using supernatural abilities to defend their Jewel gardens and battle corrupted beasts.

Key features of DeFi Kingdoms:

  • The game requires a MetaMask wallet.
  • Hero marketplace is open
  • The game also allows sending NFTs heroes on quests to earn
  • The game is all about staking and pooling

Read this to learn How to Play DeFi Kingdoms

What Blockchain is DeFi Kingdoms using?

The Harmony Protocol blockchain is used by DeFi Kingdoms, and its native token is ‘ONE’. It can be acquired on most major exchanges, including Binance, Kucoin, and Crypto.com, as well as others.

Indeed the game is free to get started, but you only have to pay the gas fee if you want to engage with the blockchain. As mentioned prior, the game’s native token, Jewel, is built on the Harmony Protocol blockchain and uses the local currency “One” for all transactions. 

What is Decentralized Exchange(DEX) in DeFi Kingdoms?


Decentralized Finance, or DeFi, is a network of financial apps created on top of blockchain networks to provide financial services without the need for a central authority.

A Decentralized Exchange, or DEX, allows users to swap assets using smart contracts without giving up custody of the funds until the transaction is completed.

Individuals that offer a token pair (e.g. ONE and JEWEL) to a liquidity pool, which is subsequently utilized by the DEX to allow transactions on that pair, give liquidity to DEXes.

Liquidity Pool (LP) Tokens are awarded to users that offer liquidity in this method, and they can be staked to win extra benefits, such as in DFK’s Gardens.

What is the Origin of DeFi Kingdoms?

What has been the great motivation behind creating these DeFi Kingdoms? Well, feels like the team had so much planned for its big fans. 

According to the developers behind the project, DeFi Kingdoms is “a game, a DEX, a liquidity pool opportunity, and a market of rare utility-driven NFTs, playing out seamlessly in the incredibly nostalgic form of fantasy pixel art”.

Investing, returns and moonshots are all enjoyable activities, and inculcating them all in a game is way more profounding. It embraces the full potential of blockchain technology in game form. It conducts daily missions and allows to a gathering of rare NFTs that boost and influence the prizes and returns.

$JEWEL and The Decentralized Exchange (DEX)


The $JEWEL token is at the center of DeFi Kingdom. JEWEL is more importantly considered as a hybrid of a standard crypto token and in-game money. Token owners are in charge of the community’s roadmap. Developers, player awards, and community funding benefit from the token’s transactions. 

Players must have JEWEL to purchase NFTs and get monetary incentives. It’s the fuel that keeps the game’s ecology running. In short, JEWEL is the main crux that drives everything in the game.

Players can get JEWEL by purchasing it from the game’s decentralized market or earning it in other ways. The token may also be staked in-game to gain liquidity provider benefits, such as higher yield JEWEL returns that can be used to unlock more game features.

Jewels are needed to perform almost anything in the game, and here’s how to get some. To begin, go to the market. Interact with the Trader after that.

Next, choose a token from your Metamask to trade for Jewel; remember that it must be a token with Liquidity on the DEX (but if you’re just getting started, you probably just have $ONE in your wallet).

There is a Trader Screen. Choose the token you’d want to exchange it for. Jewel, like any other DEX, is only one of several possibilities. When you select Jewel and click Swap, a confirmation window will appear. The metamask confirmation will appear when you click Confirm.

Once you confirm, the deal will be completed and you will have some Jewel in your possession, and you are all good to begin!

Jeweler (f/k/a the Bank): Single Stake Jewel in the Bank for Passive Growth

Jeweler, in simpler words, is where you stake your JEWEL for xJEWEL and earn passive rewards.

The basic idea is that you purchase Jewel from a trader in the Marketplace and stake it at the Jeweler. The Jeweler will give you many xJewels equal to the Jewel you put divided by the current xJewel Ratio. As a result, 1 xJewel will always equal greater than 1 Jewel.

Initially, when the game started, the xJewel Ratio was 1.00, meaning that 1 xJewel was worth 1 Jewel. 

But the xJewel Ratio currently is 1.693 Jewel. The formula is whatever Jewel you stake will be divided by 1.693, and the result will be the no. of xJewel you would receive. 

So that means if you put 1,000 Jewel in the Jeweler today, you’d get 590.6 xJewel. That 590.6 xJewel will stay that way until you withdraw it. It will transform into Jewel at whatever rate the xJewel ratio is at the time you withdraw. 

The xJewel Ratio rises as certain transactions take place in the game, with a percentage of the costs going to the Jeweler in the form of Jewel, raising the xJewel Ratio.

There are no costs for depositing and staking Jewel, and it is fast, so you may have your Jewel back in seconds. There is also no chance of temporary loss, which is something you must consider while providing liquidity. 

The best thing is that you can get snapshots or airdrops for unique goods if you hold enough xJewel.

The Liquidity Provider Tool

It has also been modified to stake JEWEL in favor of the DeFi Kingdom’s financial economy. To obtain a range of incentives, players can stake their tokens in one of two methods in-game: The Bank and the Garden

The Bank: The game’s bank is a single staking pool system that allows players to swap JEWEL for xJEWEL. As transactions occur throughout the DeFi Kingdom ecosystem, the bank will get fees, which it will use to purchase additional JEWEL, boosting the value of an investor’s xJEWEL. 

The fee-sharing arrangement at the Bank is similar to buying shares in the game’s bank and collecting dividends over time. 

The Garden: The second option available in the garden. Players may invest their new liquidity into the game’s Garden as they stake their JEWEL. 

In the Gardens, participants acquire land plots proportionate to their overall contribution to the game’s liquidity. Plants will be harvested by an NPC farmer for providers and stored for players to claim overtime. 

Because of The Gardens’ enormous yield, player incentives are locked behind time gates to guarantee that the game’s tokenomics stay balanced and fair. 

Provide Liquidity for the DFK DEX using the Gardens

Being a liquidity provider for the in-game DEX can reward you, Jewel. Because DFK is also a DEX, it needs a liquidity source to perform all of these trades.

You will be rewarded in two ways if you provide liquidity for one of the “incentivized pairs”: you will receive free JEWEL that is minted and allocated to liquidity providers as a reward, and you will receive a portion of the fees generated by the DEX when trades occur, proportionate to the amount of liquidity you provide compared to the total liquidity provided.

This Jewel, which is minted and distributed to liquidity providers, has a structure in place to prevent individuals from simply dumping it all, and one of the ways they accomplish this is by locking a piece of it based on when you claim your garden rewards.

The TL/DR on Garden rewards is that you can choose to stake LP tokens and not claim for a long time to have more unlocked Jewel later on, or you can claim now and consistently at the cost of having a portion of the rewarded Jewel locked up, and you cannot use the locked Jewel on anything in-game or otherwise, with the benefit of being able to put the unlocked portion to use right away.


With all this and much more, this metaverse game has a lot in store for its players. To be more specific with the highlights, the game includes:  

  • A Decentralized Exchange(DEX) and token-powered ecosystem 
  • The in-game Banks and Gardens serve as a liquidity provider pool.
  • A high-fantasy exploration game reimagined as an NFT asset platform

A piece of good news for the players is that the DeFi Kingdoms Blockchain will be live on March 30, 2022, and will house the game’s first expansion, DeFi Kingdoms: Crystalvale. Crystalvale is the first expansion to DeFi Kingdoms which will be live on the new DFK Chain.

Now you know what DeFi Kingdoms is, the Jewel and how to provide liquidity using the Gardens. Try out this and let us know your reviews in the comments section. Meanwhile, check out the other DeFi articles for more tips and tricks!