enjoi Posted February 9, 2023 Share Posted February 9, 2023 Today, we are introducing two new features: a Deferred Fee Structure, which allows players to defer game fees by using locked tokens, and Token Offerings, which give players the chance to win Blessings of rare items in exchange for Offerings of tokens.The Deferred Fee Structure is available in both Crystalvale and Serendale, while Token Offerings are currently only available in Crystalvale.Read on to find out more!Glut the Furnace is collecting Offerings for the Undertree!Deferred FeesWhat are Deferred Fees?The Deferred Fee Structure allows players to choose to defer the fees for selected game features by utilizing locked tokens, which unlock according to a preset schedule for access at a later date.In order to access this option, players opt to burn 3x the cost of the selected feature in locked tokens in addition to the base fee, which follows normal fee distributions (Jeweler, Quest Fund, Development, Token Burn). These standard distributions will remain locked according to the unlocking schedule of the realm.Locked tokens are drawn from the player’s locked balance, and will reflect the total 4x deduction over the unlocked cost when using deferred fees.Available Deferred FeesPlayers can utilize the Deferred Fee Structure for the following actions in both Crystalvale and Serendale:Hero Summoning* (including Hiring**)Dark SummoningPet HatchingMeditation Circle*Heroes can only be summoned using deferred fees once every 72 hours per realm.**When summoning hired Heroes, the Rental Fee to other players is always paid with unlocked tokens at the standard rate.Using Deferred FeesTo use the Deferred Fee Structure, visit one of the game features mentioned above, and select “Deferred Fee” under the Fee Type.Using Deferred Fees at the Meditation CircleWhen you complete the transaction, the applicable fee will be deducted from your locked token balance.Token OfferingsWhat are Token Offerings?Token Offerings provide players with the opportunity to vie for a variable rotation of Blessings, from Enhancement Stones to Gen0 Hero Crystals! At any given time, there are ten active Blessings with an Offering period of 26 hours, along with a Gen0 Hero Crystal Blessing with an Offering period of two weeks.The cost of a single Offering starts at 1 CRYSTAL and increases over time at a rate of 0.125 CRYSTAL per Offering, after a fifth of the total duration passes (every 5.2 hours for the 26-hour Blessings, and 67.2 hours for the Gen0 Blessings).Offering FeesToken Offerings allow players to utilize their locked token balance as Offering fees at the same rate as their unlocked token balance. A single Offering, therefore, costs the same regardless of whether the player uses the Default or Deferred Fee Structure.In order to satisfy the Great Undertree, 75% of all proceeds from Offerings will be burned. The remaining 25% ensures that the Eternal Flame will burn bright, and will be transferred to the Quest Fund. (Deferred Fees will remain locked in the Quest Fund, following the standard unlocking schedule of the realm.)Submitting an OfferingVisit Glut the Furnace at the Meditation Circle in Crystalvale. Choose a Blessing and Fee Type, then input the number of Offerings you wish to make and submit the transaction. There is no maximum number of Offerings per Blessing.Submitting Offerings toward a BlessingOnce submitted, your Offerings will reflect along with a percent chance of winning based on other players’ Offerings.Once the Blessing has closed, additional transactions are needed to Finalize the Offerings and then Draw a Winner for the Blessing.May the Blessings of the Undertree spread warmth upon you!Connect with DeFi KingdomsDeFi Kingdoms WebsiteWhitepaper / Official Docs | Charts (DFK Chain | Klaytn)Discord CommunityTwitter | Telegram | Reddit | Instagram | YouTubeFeature Release: Deferred Fees & Token Offerings was originally published in DeFi Kingdoms Official on Medium, where people are continuing the conversation by highlighting and responding to this story.View the full article Link to comment Share on other sites More sharing options...
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