How I Earn $400 A Day - DEFi Kingdoms Strategy (& thoughts on JEWEL)
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show you how i earn indie fight kingdoms now i don't actually play the game very much i just invest in it so hopefully you'll be able to see that as well but i'll just kind of walk you through a little bit of what i do in uh defy kingdom so right now i use primarily two things the gardens which are up here and the docks and i'll kind of explain to you why i use each of those so the gardens i use because i want to provide liquidity to the liquidity pools now if you're familiar with d5 kingdoms you know that the yields and the liquidity pools are really really interesting now obviously i'm not going to tell you which cryptocurrency you should be investing in just not at all what i'm trying to do and again by the way this is not financial advice i'm just showing you what what i'm doing and how it's working out for me i picked a couple of of these pools thematic the avax uh the one luna just because those are the other cryptos that i am the most bullish on and again you probably have your own particularly bullish on luna i think avax is also going to do really well especially with the expansion the upcoming expansion of d5 kingdom matic just because it has a sweet place in my heart but you have a lot of other pairs in here that range typically anywhere between 250 i think there you go some of the lowest you know you have a stable coin here at 71 percent you have bitcoin to ethereum at 22 but a lot of them otherwise range from 300 to roughly 350 percent per year now those yields used to be a lot higher and if you've been paying attention to defecting just for a couple of months or even weeks you will already have noticed an enormous change in the aprs when i started playing dpi kingdoms a couple of weeks ago the aprs were already a lot higher 450 percent or so so that's primarily what i use to earn income in d5 kingdoms but the other things that i use a lot are the docs now the docs primarily use right now for me to bridge my jewel over to the avalanche maintenance now i'm actually very surprised that not a lot of people have done this if you knew the amount of people who choose to stake their jewel in the bank in exchange for crystal airdrop coming up in a little bit i'm very surprised that there's not more people actually moving it over to the avalanche network when we know that the returns in crystal air drop from bridging your jeweled over to the avalanche main is like 10 times or 13 times better if you're over in the avalanche maintenance now of course you're foregoing some of the aprs from the gardens and you're also forgoing the bank which has a roughly 18.73 apr but you are allowing yourself to be eligible for a lot more crystal and once it drops really what i think is the most interesting strategy is to just single stake your jewel in exchange for crystal once that becomes available on crystal veil and once you have crystal you'll probably be able to invest in the pools i don't know which poles are going to open first someone really knows whether that's a crystal jewel pool whether that's a crystal avex pool i mean probably going to be a crystal dual pool very first but who knows i mean who knows what time will tell but i want to be an early investor in
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those pools when they come out for sure so enough of the talk i'm going to show you guys a little bit how much this makes me so there are really two trackers that i use there is the kingdom.watch and then the dfk tracker i will show you a little bit both of them so that you have an idea of how much i'm actually making with this so what i really use primarily are the gardens and right now as you can see i'm earning a roughly 329 percent yield per year in the gardens which comes down to i think daily 0.9 which is like 31 joule at the current price of joule that's like 443. per day now granted some of that is locked i don't remember the exact percentage right now i think oh there we go we're talking about 40 unlocked 60 lot could be a little bit different i don't remember the exact amount to be fair i just claim it i reinvest it into the pools but also know that the investment that i have is actually quite high this is not something that you do with a thousand dollars now a lot of people who were early did earn a lot more than what i currently have here and they were early and i just wasn't that early i came in a couple weeks ago but just know that with this kind of investment this is what you're looking at earning on a daily basis if you stake it in the aprs now i have a little bit in the bank as well i believe there you go really not a lot 172 dollars the reason i use the bank essentially just as a waiting mechanism until i have enough money to bridge over to the avalanche main net the reason i wait a little bit is because the fee on the main net here is like what is it zero point i think it's 0.9 let's just try it's like 0.9 joule or something like that there you go it's like one joule for the price and so i just feel like paying more than one percent is or two percent is is a lot so i'm waiting until i have maybe like a hundred rule and i'll i'll kind of transition it over to the ambulance main neck but that kind of gives you over here an idea of how much i'm able to make again this is what i'm doing you're obviously able to stake a lot less than that these are the main polls that i'm in the drill one the dual avax luna and matic as you know i think this kind of shows you what i'm most bullish on relative to others i don't really hold a lot in jewel one garden just because i'm sure the harmony network is really great i just haven't done enough homework to really understand it well i understand avax and luna and matic pretty well but the one network i just haven't really taken the time to be on i just heard about it uh when i started playing dfk so that's kind of where i find myself but the other tracker that you can use is this one you essentially just enter your your address and it gives you a pretty neat overview actually of what you have so right now you know one of the trackers says that i have well 49 000 just in the garden maybe in total it's 50 grand here is 51 000 it takes the price of joule right now and then it gives you what how much you have in the bank in the gardens with your daily apr so here my apr is like 385 here it is 443 again some of that is going to be locked as you can see here this is the unlock there you go i was right 60 40. so the unlock today is 41 of what we make is unlocked and so what's gonna happen is that starting in july 2022 the lock jewels that you have are gonna start unlocking so you'll be able to mine them over time and i think it will take another year for them to be fully unlocked but really my play is to try to get as much jewel as possible what i then do is i then use that jewel to accumulate as many dual over in the on the avalanche network so essentially try to bridge as much as possible before the airdrop ends here in a couple days the snapshot for determining who will get how much crystal air drop for the crucible expansion ends here in a couple days on the 24th of january so i have already bridged a lot over to the avalanche mainnet but that's kind of what i'm waiting for right now is i will accumulate as much fuel as possible through the gardens use that to stake it on the avalanche main net once that is done the snapchat is over to snapchat the snap shot is over i will move it back over to the gardens probably and as soon as the as a single staking of joule 2 earned crystal becomes available i'll probably move literally all of my jewel over to earn some crystal and once i have crystal i'll be using it to farm in the liquidity pools on crystal blood whenever that happens that's kind of how much i earn and how i earn it and what which pools i'm in i want to be kind of transparent with you guys i know there's been a lot of talk recently about the price of joule so i just thought i would address it look there's always going to be a lot of you know fud kind of fear uncertainty doubt around the price of these kinds of things but if you take a long-term perspective which is what i really encourage you to do play at least in months okay don't don't think about this as like i'm gonna day trade in and out on a daily basis if you see a good entry point i would suggest that if you have a long-term perspective on this game which you probably should and honestly you should probably have on every project just find a good entry point and then uh just buy honestly most of the time you can just buy and if you're earning quite high aprs anyway in the gardens doesn't really make sense for you to hold back for very long because knowing when the bottom comes in is is really hard if you compare her over to x infinity and i'm not saying we can fully compare uh d5 came to the axe infinity because d5 kingdoms is really also decentralized exchange so we really compared to sushi swap who knows i mean you can just kind of take x infinity to understand here a little bit as x infinity grew from i don't even know what the price was let's say 10 cents 13 cents there you go to 160 there was a lot of bumps along the way here you had a drop from 80 to 82 price all the way down to 54. again an enormous drop that's probably what we've seen now i think we're 43 down from all-time high which is 23.23 dollars but it's just part of the journey you have to be okay with that as long as you play in crypto so there you go guys look this is kind of a quick overview if you're interested i can do more on why i'm in certain gardens when i'm making certain moves i can also make new videos i hope this was useful i hope this was uh valuable if it was make sure to hit the like button i'd love to hear from you as well in the comments just leave me any questions that you have and if you want to see more of these videos make sure to subscribe and you will see not only videos from me but you will see videos from other people who are making content about d5 kingdoms which i highly suggest you to check out i'm going to link some of the great ones down below in description thanks so much for watching and i'll see you next time Click this link to watch the video in more detail. https://www.youtube.com/watch?v=GQnEylORVu8
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