DeFi Kingdoms: Weekly Newsletter #3

DeFi Kingdoms
4 min readOct 19, 2021

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Well, time certainly flies.

It’s crazy to think that we just passed $100M TVL last week. Now, we are well over $150M TVL and have a lot of exciting things in the works. Cross-chain plans, more partnerships, community contests… The list goes on and on.

Let’s get straight to it!

Table of Contents

$150M+ TVL Reached

At this rate, we are going to run out of prizes to give with all of these milestones… It is with great pleasure we announce that DeFi Kingdoms is now sitting at over $150M TVL!

With 6000 JEWEL and 400 Tears split across 20 lucky winners, things are only looking up as we work towards the next milestone. The gaming and DeFi sectors are only continuing to grow, and you can read more about how the P2E gaming industry in particular has a bright future here.

FTM Alerts AMA

It’s no surprise that we would like to keep expanding the DeFi Kingdoms ecosystem. To kick things off, we had an AMA with FTM Alerts on October 19 at 11 AM EST.

Bringing DeFi Kingdoms to other chains is something that we have always envisioned! Imagine different realms for each individual network, or a limited set of Heroes with gene pools specific to their own network.

While we cannot disclose many details, please rest assured that there is a lot happening behind the scenes in terms of discussion and planning. This is just the beginning!

Announcing Fanfiction Contest For Writers

Have a burning passion for writing?

Well, we are currently hosting a DeFi Kingdoms fanfiction contest on our subreddit! Write about whatever your heart desires…

We are going to offer prizes to the top 3 winners chosen by our Team, then another prize for a single winner randomly chosen from the top 5 most upvoted stories. Best part? This will all be done during an exciting live stream.

  1. You must join the DeFi Kingdoms subreddit and post your story there
  2. Your story must be greater than 500 words
  3. You must follow the format of “[Fan Fic]: <Title>” when posting
  4. We are not accepting anything NSFW
  5. Your story must be related to DeFi Kingdoms in some way
  • 1st Prize: 100 Jewels + 20 Gaia’s Tears
  • 2nd Prize: 75 Jewels
  • 3rd Prize: 25 Jewels
  • Most Upvotes: 100 Jewels and 20 Gaia’s Tears

25 Kingdom Plots of Land Airdrop Raffle

We will be setting up a series of snapshots to give away 25 Kingdom plots of land. The first snapshot was taken on October 15, 2021 at 2 PM EST, and addresses with at least 5K xJEWEL tokens were made eligible to win.

Each multiple of 5k xJEWEL tokens resulted in 2 extra entries:

  • 5,000 xJEWEL = 1 entry
  • 10,000 xJEWEL = 3 entries
  • 15,000 xJEWEL = 5 entries

(etc.)

We will be adopting a similar system in future snapshots, as it incentivizes people to not create multiple wallets and gain extra benefits.

For the following three weeks, we will be doing another snapshot every Friday. Each address that was in the first snapshot will receive extra entries in the raffle each week, based on their xJEWEL balances (at the same rate as above).

On November 8, 2021, we will live stream the raffle to see who the winners of the 25 Kingdom plots of land are! These winners will get the first 25 lands… And as a bonus, these will be closest to the capital!

We are going to be doing another airdrop raffle for 25 Kingdom plots of land in November or December. For all you xJEWEL holders out there, it is possible to win both of these airdrops! There may or may not be other secret upcoming snapshots for in-game items and other rewards too…

Alpha Testing For Tavern Begins

Good news! All of the key components to sell, buy and hire heroes are ready to go. Alpha testing for the entire Tavern system has begun, with us documenting all bugs and/or missing features we come across so far.

A small teaser shared in the DeFi Kingdoms Discord… We won’t tell if you don’t!

We have created a list of 24 items that we want to polish before releasing the Beta next week. We will make an announcement beforehand, but the public release should roll out quickly after the Beta.

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DeFi Kingdoms
DeFi Kingdoms

Written by DeFi Kingdoms

A game, a DEX, a liquidity pool opportunity, a market of rare utility driven NFTs in the incredibly nostalgic form of fantasy pixel art.

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