Synapse has partnered with DFK Chain
We are excited to share that Synapse is the official bridge partner of the upcoming DeFi Kingdoms Blockchain, one of the most exciting and innovative blockchains coming to market and one of the first Avalanche subnets. This partnership will enable DFK users to seamlessly bridge assets between the DeFi Kingdoms Blockchain and 15 EVM and non-EVM compatible blockchains (and counting!).
What is the DeFi Kingdoms Blockchain
DFK Chain is the flagship subnet launching on Avalanche and will be home to the Crystalvale expansion of their legendary GameFi application. DeFi Kingdoms has made a name for itself as an innovator in the crypto gaming space with its unique MMORPG that uniquely blends gaming with decentralized finance. The first realm in DeFi Kingdoms, Serendale, was launched on the Harmony blockchain in mid-2021 and has scaled to over $300 million USD in TVL, ~30k DAUs, nearly 300k transactions, and over $10 million USD a day in volume.
DFK’s core gameplay involves a virtual economy in which users can purchase, upgrade, and play with NFTs, known as heroes, to earn Jewel. Users can also provide liquidity to a variety of pools so that it’s easier to acquire and sell assets within the game. Additionally, the game allows users to earn fees generated within the game by staking $Jewel in the bank for xJewel.
DeFi Kingdoms has excelled in designing an in-game economy that is more sustainable than early GameFi iterations and that rewards the most active players. It’s evident by the growth in users and the Hero NFT market that DeFi Kingdoms is on to something special.
Synapse 🤝 DFK Chain
Synapse is a universal cross-chain liquidity network that allows users to move assets across any blockchain. Synapse leverages a decentralized network of multi-party computation validators to relay messages between blockchains. The first application built using this cross-chain protocol is the Synapse Bridge, which uses AMMs deployed across 15+ EVM and non-EVM blockchains to help users seamlessly transfer assets between all chains.
DFK Chain will integrate the Synapse Protocol as its official in-game bridge, allowing users to transfer assets to and from the new Crystalvale realm. Users will be able to interact with Synapse directly in the outpost, the new home on and off ramping into DFK Chain.
Synapse will support bridging the following assets on day 1:
- JEWEL
- xJEWEL
- AVAX
- CRYSTAL
Followed by:
- ONE
- BTC
- ETH
- MATIC
- USDC
- UST
What’s Next?
We are working closely with the DFK Chain team to ensure Synapse provides the best multi-chain experience for its users. As long-term partners of DFK Chain, we’ll continue to help expand their groundbreaking game across natively across all chains. That means we will work to expand support for more blockchains and more assets as well as making all cross-chain interactions as seamless as possible.
About Synapse
Synapse is a universal cross-chain liquidity network that connects blockchains by offering an extensible cross-chain communication protocol that supports assets, smart contract calls, and more. By leveraging Synapse, blockchains can easily and securely interoperate with each other, and developers can build truly cross-chain applications including cross-chain DEX, lending platforms, margining systems, derivatives markets, yield aggregators, and much more.
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