Strategy to ROI "faster" in DefiKingdoms?

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(Edited)

I can't help myself! I shopped again!!!

Disclaimer: No #splinterlands SPS were sacrificed in this event; just some $MINA tokens

Recently with the market crashing I have undoubtedly once again (literally) overspent on NFT HERO purchase!

Particularly when I got an Advanced card... which I will NEVER be able to afford to buy if $JEWEL token was 100x at its all time high before... so I am counting this a 100x cheaper at the moment.

But like it or not, it is still quite a sum! By just mining / garden Quests this could take a LOOOOOONG TIME to achieve ROI

Very fortunately, recently I have been very blessed with a lot of "air drops" (harvest haul) lately as the HEROes continue to level up and increase in experiences.

Due to the fact that $JEWEL token's price has tanked so much, the "in-game token milkweed" can decently fetch almost half a $JEWEL token; so if there is even a 1% chance of getting one milkweed a day, by 150 days half of my investment would have been returned if the $JEWEL price is still the sane and bear market is still running...

Of course there are still a whole lot more ingredient that can still fetch some $JEWEL price but some I have reserved to change into potions that would be of use in the future.

In the mean time, a consistent discipline of Garden / Mining Quest once a day + Forage / Fishing once a day (total to 2 Quests per HERO over the lapse of 6-8 hour cooling period) would definitely be able to reap some decent ROI as long as this protocol continues to function.


25% of my portfolio is stuck there .... sigh...

In the mean time, I have another challenge where to park my crypto for some decent yield. With Celsius being one of the biggest unbanked crypto company now under fire and we do not know any other lending / defi protocols are safe at hand, planning on switching from one yield to another from time to time to ensure my profile is spread out and DCA them back to the cold wallet is a must.

Nothing seems to be certain anymore.

Better to quickly work hard and make sure debts are paid off quickly.

How about you?

Do you think investing on a weaken (but still running) protocol for further yield is a better idea than just Liquide-Provide farms?

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One of the games that I would like to try in the next days it really looks amazing and funny.

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It's quite fun and those pixalated NFT actually does give some revenue if we work hard on it. hahaha...
And not just some JPEG in opensea

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150 looks expensive. Looks like your collectibles are giving much good results.

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(Edited)

I am interested in Defi Kingdoms. Before I try to buy Harmony one on metamask, in BSC network. I think it's the wrong one, should be on harmony network. So there is different types of harmony tokens. So I still have the tokens, but didn't manage to buy any jewels token. Now so cheap I like to buy an nft !

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Hi @olympicdragon!
I am so sorry that I missed your comment! Actually Harmony has been hit TWICE with hacking during bridges for ETH and USDC; and partly is because of that the Harmony chain consistently having trouble between gas fees and their nodes as more and more hackers seemed to be attacking the chain with bots.

The good thing was before all these happened, DeFi Kingdoms already started planning chain expansion due to the fact that Harmony chain itself wasn't very use friendly. So, it was a blessing in disguise when Avalanche launched their subnet chain, the developers started testing out the new chain and created "Crystalvale", which is where my upcoming post (with a flare of some creative writing out of fun) will be published soon.

Crystalvale is the in-game token (with the DeFi as well) for the Avalanche sub-net chain, and though it is currently almost double the value than $JEWEL, I find it relatively more stable now compared to $JEWEL volatility.

However, you can still compare prices and shop in Serendale (Harmony chain) for HEROes and bridge them over; but do know that the gas fee minimum threshold is now 100 Gwei, and it can sometimes get stuck and people set it to an average of 110 GWEI to get some of the items through.

Hope this is not too late for you to look through and plan your strategy out for your further investment in Defi Kingdoms!

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