Defi Kingdom Crystalvale Strategy
Big update on Defi Kingdom which is launching Crystalvale on DFK Chain (Avalanche subnet)
What you will need is just $JEWEL
Here the guide to bridge from Harmony to Avalanche
JEWEL will be use as gas to verify the transactions.
JEWEL will be partnering with lending protocol BENQI to directly provide lending in DFK game. This will take some more time as no detail announcement has been made. DFK has it’s own chain meaning JEWEL price will be more stable and there is high possibilities that JEWEL can be collateral token in multiple chain. meaning you can supply JEWEL to borrow money.
Farming strategy?
Nothing fancy, Just hold JEWEL/xJEWEL and farm. There is only JEWEL pair at first as there is no liquidity for the $CRYSTAL token
Should you take profit?
Yes, you should always take profit but not all. When the price always going up even tough has very positive news, you should always take some profit. If you have been in market long enough, we always sell on big feature launch and buy on desperate.
I still believe DFK has much room to grow and I will always hold my biggest bag JEWEL in my portfolio. I believe JEWEL marketcap will in top 50 by the time DFK has stabilize the AVAX subnet and the PvP feature and exceed Axie marketcap. The DFK team has a very clear direction and I'm very agree on, which is bring the game to every chain and let people understand how DeFi works. This will encourage a lot of new people who doesn't understand blockchain and how to use Metamask.
