DeFi Kingdoms Special AMA — Serendale 2.0 (Move to Klatyn blockchain) August 25, 2022

Samichpunch
24 min readAug 25, 2022

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Twitter: @Samichpunch | Discord: Samichpunch#2518 | Reddit: u/Taelim

For those unfamiliar with the project, the DeFi Kingdoms leadership team holds weekly AMA’s with the community on the discord server.

Not everyone has time to listen to the recording or wants something they can just read instead so I’ve been writing these written summaries. You can find the transcripts/summaries of the prior AMA’s in my index of DeFi Kingdom’s Articles.

Link to the recording: https://www.youtube.com/watch?v=e9U3ZreuG80

This week, the AMA was from members of several teams relating to updates on the project. Go to the website https://dfk.rapidr.io/ and submit AMA questions there and Join the discord to also see responses to AMA questions not covered on the weekly calls.

If this is your first exposure to DFK and you are looking to learn how to start participating in the game/economy, you can check out my unofficial beginner’s guide here and index of many other DFK articles here.

DeFi Kingdoms Website
DeFi Kingdoms Official Medium
DeFi Kingdoms Discord

Team Members Present:

https://defikingdoms.com/team.html

Opening Statements:

Frisky Fox — this is probably one of the most momentous AMAs since we started the project. Lots of questions to answer from the talk site.

Bolon — Today’s format is going to be a bit different, we have a lot of Q’s submitted on the talk website, we’ll do a brief overview, then we’ll take a question that is semi related to our news from last week and then we will go into some new information that Dreamer will be going over, then we’ll take a few more questions. You can submit questions to the talk site in real time and can also upvote those in real time. https://talk.defikingdoms.com/contribute/klatyn-serendale-move-questions/

Frisky Fox —Lot of work and effort has been put into all of the things we’ll be talking about today. It’s been… I’m not even sure how many weeks and months since the bridge hack and then prior to that the grant system issues. We are at the point where we had never planned on having to move off of Harmony for Serendale and then it became very clear that that was our only option and a lot of effort and time was put into what that means and what the best move for the project is for continuity and a lot of effort has been put into it. There has been a lot of work done by Dreamer to pursue partnerships. One of the amazing things about being multichain is that we have the opportunity to create partnerships with all kinds of teams out there that are building.

I can tell you that we’ve put a lot of work in on those fronts and have a lot to show for that. Our role is to do those things, pursue partnerships, plan out roadmap, build and do what is the best for the community. The community’s role is important and is to hold the votes and either accept the proposals or offer good quality feedback, so these AMAs are very important.

Bolon — We talked a lot about the good of the project and I just want to throw it out there, that when we talk about that, we aren’t talking about the good of the team, we are talking about the good of the project/protocol, the good of DeFi Kingdoms and the community and the players.

Dreamer — To add onto the comments about repeating really well spoken points, to put things into context and set the stage, today we are talking about moving off of Harmony and moving onto Klaytn, in the past we’ve talked about expansions where we had the core home on Harmony where DFK was born and there wasn’t plans to change that. A lot happened this year and we won’t recap it all, but one that really impacted all of us and we were hoping for a good solution to come from that from Harmony and we saw one that was short lived and they are working on another. It’s been a long time and we have been doing the best to find a solution for DeFi Kingdoms, and today is the culmination of so many debates and discussions and we selected the one that we felt rose to the top. I want to make sure people understand the efforts that the team here today put into this to make such a helpful and creative plan. We didn’t have solutions outside of this. Not only did we find a new home, but we did it with new partners, new incentives and tremendous upside that we didn’t have without building a whole new expansion to do so. I’m very proud of the output of the team. There will be a one pager that will be dropped into the discord that will walk through for any of those that are better visual learners. There will also be an article with some facts that we got from our friends at Klaytn to help people learn more about them. We probably won’t be able to go over those live, since our focus today will be on our proposal.

Introduction to the Proposal

Started with a key question:

Can the team elaborate on how the current partnerships (ourselves Kingdom Studios, Wisdom Gaming, Klaytn, and Ava labs) will focus on co-marketing efforts?

Dreamer — the foundation with each individual relationship is communication. We have slack channels with each of these teams. We’ve paired off and also in a slack connect channel. Communication is very strong on all fronts. Avalanche team is incredible. Identifying potential issues and posing questions, answering our questions, providing solutions. So far in time working with Klaytn they’ve provided professions that deliver with quality and timelines. Wisdom Gaming we have weekly committee meetings. Individually (Kingdom studios to each partner) very strong and lots of communication. This will progress and improve and build across all of them. We are the glue between them all, rather than saying Avalanche and Klaytn you guys connect and talk about this thing related to DFK.

Here is the one page PDF we will talk about today: https://dfk-hv.b-cdn.net/files/Serendale-2.0-Overview.pdf

Image shared in AMA was originally slightly different but was updated soon therafter to the above image — which is also what was shared for purposes of the voting proposal and shared well in advance of the voting proposal.

So first, how are we going to transition Serendale from Harmony to Klaytn?

Dreamer — there’s a lot we have to think about in terms of Jewel and locked Jewel in terms of timing, security and bridging. So let’s get into the offboarding of Serendale, then we will go into Jewel utility and the new Klaytn power token, what updates we have for Crystal, and then a vote of acceptance to be held by the community.

Offboarding of Serendale to Klaytn

Dreamer — So just as an overview here, we just passed the birthday of being on Harmony, this is a bittersweet proposal because we’ve actually tried our best we could to be the best partners we could to build on Harmony and the thought of moving it we had to make sure it matches stylistically and that the partners were willing to put skin in the game as well. Then we had to step back and talk about how we would actually do it, so I’ll turn it to Frisky for that.

Frisky — It is bittersweet. Harmony was our home, we started out here, it’s been a wild year, we’ve grown as a community and as a project, but at the same time it was not always easy trying to work here. There were a lot of pros but also a lot of cons. When we were looking at where is a healthy place to build a project like this we had a lot of criteria but also a lot of opportunities, like moving to new markets that are emerging markets that we haven’t had a chance to tap into. I saw a lot of the Q’s on the talk site and those have influenced this document.

But for how do we do it? This is the hard part. This isn’t like most of the other projects that have already moved and its a few smart contracts and maybe not a lot of assets to move, but we are the biggest project on Harmony, hundreds of contracts, millions of dollars of assets and we have to figure out the most orderly and smart way to do this. What we would do is turn things off on Serendale in a phased manner. That is why we focused so much on CV parity, so that people can still have a place to go and play. So maybe week 1 we’d turn off Duels, then following weeks would be some quests, then item trader, then medication circle, etc. So if you want to do those things you’d have to go to the other chain. As we do that we’ll make sure we have the bridges in place to do this. We’ll also have to turn off garden incentives in Serendale, and at that point the recommended action would be to remove liquidity and bridge it over to CV. When we do that we will turn off all of the fees so that there are no withdrawal fees or anything.

The big question is what do we do with Locked Jewel? How do we preserve the value that holders had there throughout all of our future plans. We explored many options here that were able to satisfy all of the things on our checklist. We’ve reimagined what the utility of Jewel is and what do the other power tokens do and how do we do this in a way that's not inflationary?

Dreamer — Yes its important to note the redistribution and balance.

If you look at the two charts you have locked Jewel distribution and then where we are at today and where we will be after Serendale 2.0.

So the total outstanding power tokens remains the same. But today its 500M J and 125M Crystal. Jewel was Harmony’s token and we made it gas on DFK Chain and we are looking at a new realm that is half in half out expansion for features that are listed here, but its really a new home for Serendale at the same time. Making a new token for that realm like we did for Crystal in CV made a lot of sense. We also have the unlocking problem that we were looking for solutions for prior to the bridge incident. What we have here is a more balanced distribution, also the utility for those that come into the game. We will get into a redefinition of Jewel utility and the game tokens.

Frisky — a lot of thought has been put into this. A lot of avenues that we’ve explored to see what would work best for the project. This is the one that hit all of the points we were trying to ensure were there for the continuity and the progression of our project. One of the major changes is that Jewel will not mint anymore. It will actually change and become deflationary. There won’t be unlocking jewels, there wont’ be a 500M cap, it will be 125M, so the liquid jewel there now plus a small percentage of the locked jewel to get to that cap. The jewels there will be used to power the DFK chain, used for xJewels for sharing rewards and fees, used for holding all of the votes that we’ll have for the protocols. It’s still the flagship coin there.

The other two power tokens are important as well because they are used to play the game, summon, in game transactions, auction house, etc. It’s a very interesting and bold move but one of the things I like about it is that the current holders of locked Jewel are diversifying their rewards into these other pots, they’ll be receiving locked crystal, KPT for Klaytn, and will be sharing in the initial liquidity for Serendale 2.0. There’s a lot there, a lot to process all at once. That’s why we have 3–4 days in between announcing this and holding that vote. We want to have time to provide answers and clarity. Ultimately our role is to come up with what we feel is the best way forward then empower the community to have their voices heard and counted in these votes.

From the build side and the actual transition. Our plan is a phased shut down of Serendale and to encourage everyone to move over to CV, then we will be spinning up Serendale 2.0 on Kalytn and having everything in place over there, Hero summoning, marketplace, etc at launch rather than a really granular phased launch, since we’ve already done this once with Crystalvale and its good to have the experience in bridging and how this works. In the space out there, our team is very well situated to execute on a plan like this.

Beetle — on the front end side we are set up. Getting CV built out and understanding the way we will handle multiple chains has really helped in this direction. We have the infrastructure to make it happen pretty well on the front end so I’m excited to be going down that road and that we have things worked out ahead of time.

Frisky — Beetle and Typicool spent a lot of time redoing our front end to be able to support any number of chains in the future, so its a lot easier to do this going forward. Magnus has put in a ton of work on the smart contract side to refactor to help fix bugs, and these things can be corrected for future expansions as well.

Magnus — we’ve also fixed a lot of optimization issues. We’ve also made some great partnership with Synapse and layer zero. It should make things very smooth to Crystalvale and Klaytn going forward.

Serendale 2.0 to Launch on Klaytn

● Minor visual updates to overall look and feel of realm
● New utility token (name TBD) minted through a native DEX to be launched
● New classes and gene sets synchronized with Klaytn theme
● In-game bridge services to fully support bridging between DFK Chain and Klaytn

Secondbestdad — I’m excited about some art changes, hero types and gene sets in connection with this change. Serendale isn’t going away its just being tweaked slightly.

Hubert — this does mean we will be releasing new Gen0’s with new classes. With CV we had the two basic Gen0’s and 1 advanced class. We’ll do the same here, but that will allow the new advanced and the CV advanced to make a new elite class. Essentially what you experienced with our CV expansion and it will have even more genes that what CV did.

Frisky — having this be treated like an expansion is really cool because its this whole new audience that we are trying to target. I’ve been asked multiple times why we don’t have more heroes that are Asian type classes. We’ve talked a lot about the looks and art changes we will be making. So there will be new content released with the transition, it really is Serendale 2.0.

Dreamer — if we look at what goes into launching a new realm with a theme created for that chain, its a lot of time and a lot of effort. We have a lot of that already done because of Serendale 1.0. So with less resources and less effort we can deliver all of these new features. We are really happy about this new plan. Hubert, I’ll do math and think if we do 2 new basisc, and 1 new advanced, that releases the 1 new elite class as well rigth? So 4 new classes?

Hubert — Yes. Same with appearance genes.

Dreamer — if we look at when we will have the opportunity to do another expansion, we aren’t rushing to it. We want to build a strong foundation with CV and SD 2.0. The future expansion slots will likely fit into some targets that people were hoping Serendale might move to and with some more stylistic fits. We might also look into expansions into some chains that don’t require a full expansion. We are excited and they are as well. They’ve already reached out to see if we can participate in an event in the region that would be co-marketed.

Frisky — We did have a lot of Q’s in the talk site, which is super helpful, thank you. I read those and it influences all of the things we do. I’m planning to spend some time there and go through and answer questions. There were some Q’s about why Klaytn and we’ve already talked about that, but also Q’s about why not some other ones like Matic or FTM and maybe this is a good time to talk about that.

Why not some other chains?

Frisky — we went into this with a clear plan for the partnership we wanted. We were trying to find a place that exposes us to a whole new emerging market. Other things also influenced this. Speaking to other chains, a lot of them wanted us there, but they wanted everything moved to their chain, which was disruptive to our model of multichain.

Dreamer — we’ve tried to focus on why we chose Klaytn, but maybe we can talk about why not some of the other top contenders. If you look at DFK chain, the tech there is incredible, the partnership with Avalanche is really strong, the priority for CV parity is going really well, its been a great experience. So far we are hearing from everyone that has tried. We have better bridges with Synapse.

There are lots of other great options (FTM, Matic, Findora, Algorand, among others), they all included incentives (which honestly, nobody is really going around throwing out grants, some are buying up projects or doing token swaps, but the grant world is drying up or at least evolving and there may be less grants). It wasn’t all about money. For some money was there, but we didn’t have an aligned view. For some we had conflicting views. For Polygon for example, there was a possibility that DFK would launch Serendale on Polygon, and I think that’s still earmarked for a future expansion. But for Serendale it wasn’t the right fit at the time, they didn’t want just Serendale 2.0 they wanted all of DFK and wanted us to consider moving off of DFK Chain. Looking at that, we wanted to pursue other options. I’m confident that our relationship will continue to grow with these chains, particularly polygon and there will be a focus to include them in an expansion or another type of offering.

Funding from Klaytn?

Dreamer — with the bridge incident a few things happened. One we paused fundraising because we needed to find a new home for Serendale. We were still looking for a partner to help with PVP. Then all of those discussions for equity in Kingdom Studios, we couldn’t answer questions about what's happening to Serendale, what’s happening to locked jewel, while you are solving for these how is the game progressing? we weren’t in a position of strength. So we paused the raise so that we could focus on our priorities. Our treasury got hit hard, and we needed to find sources of funding so that we could continue to build and have a healthy runway. One of the first groups we went to was Harmony asking for the 1M they promised and pointing to others that were funded even thought they weren’t building. That was rejected prior to the bridge Incident. Then we went to Avalanche, they stepped up to the plate and said we’d like to precommit to the raise, completely not knowing the valuation and offered an incentive to make sure we retain our talent and continue to build and have the focus be on CV parity. Incredible show of partnership and support. The next piece was okay with the new home for Serendale. We had interest. We had an existing partner show up and offer some funding. The goals with Klaytn were to provide them with long term interests and funding for us. It’s greatly in favor on our side, but we’ve been asked to keep this confidential until all legal documents are finalized. This isn’t something that takes a few days or weeks, it will be some time before we can talk about it. We did receive some funding in addition to other types of support.

Frisky — Excellent overview, I’ve had people say you have a lot of treasury, you have Jewel. We don’t want to have to cannibalize our treasury because we have a very long term outlook on this project. Dreamer isn’t spending time talking about all of the effort that went into this, but he put a ton of effort into this staying up until late in the morning to meet with partners around the world. He’s very great at what he does.

Back to the document, Synapse already supports Klaytn. All of those things are in place and progressing so that we can have that launch out the game. Anything else we need to discuss before we move to Jewel Utility?

Dreamer — some people have asked where they can buy KLAY — we are looking to build out the garden options in CV, but KLAY is included in that. More to come on when that would launch. The 2.0 launch is meant to be seamless and as easy as possible in game.

JEWEL Utility and Changes

-JEWEL becomes the Governance and Fee Sharing token for all chains as the only option for all Jewelers, as well as gas on DFKChain

- In-game benefits for holding certain amounts of xJEWEL (reduced/exempt fees, increased rewards, snapshots and airdrops, etc.) subject to timelock

- Supply cap reduced to 125mm, no new JEWEL to be minted, with JEWEL burn from DFK Chain gas

Frisky — xJewel will continue to be the governance token. We’ll be giving a heads up so that people can prepare for the vote. We are also planning to expand our current portal for voting so that you don’t have to move your xJewel from DFK chain to another chain. We want people to be able to have a say with the least amount of effort, including if you have xJewel in the gardens. A lot of effort has gone into this but its been very much worth it but now it allows for all types of things to allow you to vote. We want to reiterate that we aren’t the ones making this choice unilaterally. We are all owners in this protocol and its up to all of us to make this vote as well.

xJewel will be the only governance token. xCrystal won’t be used for any of these votes. xCrystal will stop earning fees and rewards, rather it would be xJewel that is staked in CV and in Klaytn, so xJewel is the fee sharing token. It will be the only token that can do that.

There’s also some cool ideas on how to incentivize xJewel more. Things like stake xJewel in certain realms to unlock certain features in the game. Kind of like a subscription where if you want to get access to xyz, you might stake x amount of xJewel for y amount of time and it would activate that feature for you. Also things like reduced fees, or increased rewards for certain things. We’ll continue to do snapshots for xJewel and airdrops. We’d also have a timelock in place, so like reduced fees for a period of time then you stake xJewel for a period of time. Hubert also had some things there.

Hubert — You mentioned most of the things I would have said. We want to make sure we are giving Jewel and xJewel a lot of utility. It will be changing because you won’t use it to summon, but you will be using it to do a lot of these features.

Dreamer — its kind of a new lever, from a gameplay perspective, it’s kind of fun because we have seasons coming out with Duel, PVP on the horizon and a lot of other things with Land and PVE. The additional benefits of holding y amount of xJewel for z amount of time to change it, if you look at other models, there are different options as you play games. LoL you get rewards for a season and having a pass, you get different rewards. We can use xJewel as like the pass. We came to the supply cap of 125M because we were posed the question of okay if you move Serendale what things break and what do we have to find a solution for? Well we have a Dex that is minting Jewel, and lots of locked Jewel. So a part of this change is that those incentives will be turned off, and turned on for what will be minted with KPT. What do we do with the liquid jewel today? Retire? No we can’t do that its used as gas on DFK chain. What about keep it as Jewel on KPT? Could but there’s downside. Unbalanced tokenomics, you are kind of forgetting Avalanche and CV and no real ability to relaunch Serendale 2.0 and relaunch with a new token.

Instead we say okay we have 105M Jewel in circ, lets keep it there, then take a portion of the 285M locked jewel continue to unlock into Jewel, and xJewel will be the only governance and fee sharing token on ALL of the chains. So it really empowers Jewel as the overall parent and main power token of DFK. The other tokens get more defined as gameplay related tokens. So if you hold Crystal you want exposure to the gameplay in CV. If I’m somebody new coming into the project and they aren’t ready to play but want exposure, then then they could buy and hold Jewel and stake it in the Jeweler. For someone focused on playing the game, they’ll buy the gameplay token. Someone who wants the full experience will hold both.

This gives us more structure and intention.

The 285M minted but locked Jewel what do we do with that?

Dreamer — we take these and split them into getting Jewel, Crystal and KPT. Enough that would bring the current 105M unlocked Jewel today up to the 125M.

Frisky — Jewel is used for everything right now, but we will split up locked Jewel to be going into Klaytn Serendale 2.0 to play the game, some into CV to play the game over there and some of it into Jewel for Gas/Governance/fee sharing and some will be used for initial liquidity over on Serendale 2.0.

Dreamer — if you think into earlier in the year or end of last year. Having the success and the interest of the project in the market that we were in, there were some unexpected consequences, having Jewel (which if you are asking hey what's DFK? I’m going to go buy some Jewel before they’ve learned much) become so expensive and the gameplayers didn’t really like it. To have Jewel be split out from gameplay, and since fees will go into the Jewels, Jewel could go to $1,000 and it won’t impact gameplay. The Game tokens will have their own price discovery related to playing the game, independent of hype and gameplay and people building on the metaverse. So just trying to reemphasize that the repurposing of Jewel is quite exciting.

Frisky — the team holds more locked Jewel than anyone out there. This impacts us more than anyone else and we firmly believe this is the best option.

Dreamer — there is no plan to mint more Jewel, there’s burning Jewel in DFK Chain and we have the option to adjust fees and burning, but just wanted to make sure it was clear. With the caveat that when asked if we will make inflationary or deflationary decisions, it all depends, we can’t just put our head down and make a decision. We don’t really know and don’t know what the market will be at the time of the next expansion and we want to make sure we make the best decisions at the time.

Frisky — one thing that we do know is that when the time comes we will look at the market conditions, meet with partners, submit proposals and we as a community will hold a vote. It’s important to hold those xJewels and exercise your right.

New Klaytn Token (name TBD) Klaytn Power Token KPT

● Intended to be the sister token to CRYSTAL, used for all gameplay related

● Cap of 250mm, 125mm locked JEWEL to become 125mm locked Klaytn

● First liquid ~20mm of KPT awarded to locked JEWEL holders with 1 year linear unlock schedule

Dreamer — KPT and Crystal are intended to be sister gameplay tokens. Jewel has a very specific utility going forward. KPT and Crystal will not have governance, fee sharing, used for gas, or other Jewel specific utility. Some have asked if Jewel will be used on Klaytn. That would involve Klaytn’s Layer 2, but that would require a lot of resources, and we will be looking to launch of the main net. We posted an article about Klaytn: https://medium.com/defi-kingdoms-official/serendale-2-0-e9db21d46178 so check that out.

The token will have a cap of 250M. 125M is coming from locked jewel, a 1 for 1 locked Jewel for 1 locked Klaytn power token. 105 coming from the dex itself. One of the problems we had to solve for was that we are relaunching a new dex, and how we superimpose Jewel on that. Do we have the current emissions schedule, etc. So this solves for that. It will have its own launch and its own emission schedule.

What will happen is that the portion of locked Jewel allocated to anything liquid Jewel/Crystal/KPT would follow the current locked jewel unlocking schedule.

CRYSTAL Update

● CRYSTAL to remain the gameplay-related utility token for Crystalvale

● xCRYSTAL to be phased out given JEWEL will be the only token to stake at JEWELER

● New cap of 250mm, 125mm locked JEWEL to become 125mm locked CRYSTAL

Dreamer — it almost had a handicapped supply. The intent was that in the then-current bull market you could have 3 more expansions and essentially double the supply of the Jewel utility tokens. That is not the case.

1 for 1 locked Jewel turning into 125M locked crystal.

TBD on how future gameplay tokens would be inflationary or deflationary.

Frisky — If you looked back at how we launched CV, we learned a lot of lessons as well as Serendale 1.0. With Serendale 2.0 launch there won’t be any minting of treasury funds for the team, we already did that with Serendale 1.0. We don’t need to do that for serendale 2.0. So we want to say that locked Jewel holders will receive the lions share for these locked tokens in the new realm and also unlocked KPT as part of the initial liquidity.

Other Questions submitted to talk.defikingdoms.com

Is it Perilous to Journey to Klaytn? — How does switching chains, but still being Serendale, impact lore?

Frisky — That’s a thing we’ve talked about internally and haven’t come to a determination yet.

Hubert — We’re not exploring a new land or anything. In the end it is still Serndale. We’ll make some tweaks to it, but the Serendale you know and love isn’t going away.

Frisky — Another thing to point out is that other things we are planning on doing to add deflationary things for heroes, there are things in the works where you could have heroes be permanently lost for rewards for other things. And a lot of those involve the use of Locked Crystal or Locked KPT.

New Gen0s, supply?

Frisky — I think we can confidently say we are looking at 500, as it is a new expansion.

Hubert — Yes.

Frisky — We have ideas on how to distribute, based on xJewel, or locked KPT holdings, etc., there will be things in place for that.

New Gen0s, will there be another reroll available for the current Gen0s?

Hubert — Yes it would.

Downtime on Serendale?

Frisky — One of the last things we want to have in place is the bridge. But there will have to be some period of time where all the lights are turned off, including the bridge. Anything left would be snapshotted and airdropped in the other realms, and the bridges would be shut off during that time. Yes there will be some time though where it is down.

Team and knights participating in the vote?

Frisky — Historically we have abstained from these votes. With something of this magnitude we don’t want to rule it out. We will come back with a clear plan.

Community Vote

● A vote to accept the above proposal planned for Tuesday, August 30th for 48 hours

● Vote using xJEWEL held in Serendale and Crystalvale, includes xJEWEL in Gardens & Heroes

● Requires majority votes in favor to pass

Frisky — In harmony we saw with the bridge incident that a lot of time passed and there still hasn’t been a well-thought out proposal. I’m proud of our team with a well-thought out plan and a plan to execute on this in such a short period of time. We have put a lot of work and effort and sweat and tears into what we think is the best thing and we think this is it. So we’d like to hear from you guys and put it up to a vote on the site. I’ve put in a lot of work to allow xJewel on DFK chain to vote and also heroes on CV. If you hold xJewel on any realm and in or outside of the gardens, or land/heroes you will be able to exercise a vote.

The vote is very crucial, we plan to put it up to vote Tuesday, August 30, and will run for 48 hours. We’ll plan to allow for time to allow the community to speak about this. This is a very big thing and we want to make sure everyone has a say about it.

Closing Statements

Bolon — I alluded to this earlier and the “good of the project”. With this in particular and this proposal we are putting out to be voted on, I can’t even begin to guess the number of hours that have gone into this and the number of stress and sleepless nights on how to make the best of a bad situation. We never planned to move off of Harmony, but factors kept coming into play until this had to be done for the good of the project. This proposal is the culmination of a lot of effort and a lot of disagreements and discussions. A lot of heated discussions to make sure we brought forth the best possible solution for you and for the protocol.

Use the talk.defikingdoms.com website. We’ll put up a board so that you can ask clarifying questions.

Dreamer — From a biz dev perspective you have to look long term and make decisions to come out on top as much as possible without knowing what will happen in the future. Our faith and strength in DFK chain as we build out parity feels really good and a good place to build from. This move opens up a lot of potential, user acquisition, partnerships, collabs, events, support, geographic region, all things I’m so excited about.

[Remainder of Closing Statements — no new alpha but you can check the recording if you’d like to hear it]

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Samichpunch
Samichpunch

Written by Samichpunch

An ex-biglaw corporate attorney that is passionate about crypto. Dragon's Crossing co-Founder and Trusted source of DFK content.

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