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DeFi Kingdoms Blockchain
Information about DFK Chain, an Avalanche Subnet
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, was built in partnership with Avalanche using their Subnet technology.
Using JEWEL for gas means that we can better control gas prices. This mechanism allows us to ensure greater stability in the network and keep fees as low as possible for our users.
In addition, DFK Chain only handles transactions for DeFi Kingdoms and our partners, 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.
A protocol is in place to automatically exchange JEWEL bridged onto the DFK Chain for the native JEWEL 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.
The native gas token JEWEL can also be wraped into an ERC-20 wJEWEL, as needed, in Crystalvale. This process is handled automatically when trading on the Crystalvale DEX, as well as by other contracts.