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Author: Admin | 2025-04-28
The value of these transactions go to the Vault.What are distributions?Frequently, the Vault will buy $ILV from the Sushi $ILV / ETH pool. This $ILV is stored in the Vault and made available for the token stakers to claim.*You can let this accumulate until the value is high enough that you feel it is worth the gas fee. Pool weight is not used for distribution calculations, and instead, the system counts the total number of $ILV per pool and distributes it accordingly. Inside each pool, the token weight and quantity of tokens determine how much of the total $ILV purchase each token staker is entitled to.We use the term claim instead of vest because these token distributions are unlocked and do not have to vest.GlossaryLiquidity MiningLiquidity mining is when you stake a crypto asset into a smart contract in exchange for various benefits, the most common of which is generating additional tokens. Locking is an optional requirement, depending on the protocol and the rules. In the $ILV protocol, locking your tokens when you stake will result in a higher token weight. As Illuvium is designed to be the world’s first decentralised AAA game, our mission is to disperse the tokens amongst a large number of active and interested participants in the project. This will ensure that decisions on the future of the project are made by those with a common goal of healthy, long-term success.StakeStaking is the act of transferring a crypto asset into a smart contract, usually for the
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