DeFi Kingdoms Blockchain
With the DeFi Kingdoms: Crystalvale expansion, DeFi Kingdoms introduced its own blockchain, which handles gameplay transactions in Crystalvale and hosts the Crystalvale DEX. The DeFi Kingdoms Blockchain, or DFK Chain, is being built in partnership with Avalanche using their subnet technology.
DFK Chain uses JEWEL for gas. This adds additional utility to the JEWEL power token and simplifies life for players so that they don't have to hold a second token just to use for gas fees.
Using JEWEL for gas means that we can better control gas prices. This mechanism will allow us to ensure greater stability in the network and keep fees as low as possible for our users.
In addition, the DFK Chain will only handle DeFi Kingdoms transactions, on RPCs managed by Ava Labs and POKT, with more nodes to come. That means that block speed and transaction finality are not placed at the whim of the blockchain as a whole, giving us more control over user experience.
Gas fees are collected by a smart contract and then distributed as follows:
- 25% is given to the designated wallets of the validators. This allows us to attract more validators and further decentralize the chain.
- 50% is burned. This will continuously increase the value of JEWEL by implementing a consistent burn mechanic and deflating the supply.
- 25% will be sent to the Quest Fund to reward our community and players.
A protocol is in place to automatically exchange JEWEL bridged onto the DFK Chain for the native gas token. No special action is needed on the part of players to handle this. The implementation of DFK Chain does not impact the total cap of JEWEL. There is also an option to wrap JEWEL, if needed, in Crystalvale.
Validator fees that are received from the DFK-owned validator being used on DFK chain will be deposited into the following wallet address: 0xED6dC9FD092190C08e4afF8611496774Ded19D54