Illuvium

FAQ's

Who are the Team Members behind Illuvium?

Kieran Warwick Co-Founder at Illuvium

How was Illuvium Founded?

Illuvium had a Token Sale from 30 MAR – 2 APR 2021.

Initial Price: 1 ILV = 88 USD

Available for Token Sale where 10%

What is Illuvium?

Illuvium is a decentralized gaming studio that merges online gaming with cryptocurrency. They create uniquely functional, evolving, and high production-value NFTs that are playable in a universe of play-to-earn gaming titles.

Illuvium, their first game in development, is positioned to be the first blockchain-based AAA gaming title offering high-fidelity graphics and addictive gameplay. Their decentralized NFT collection and auto battler game is built on the Ethereum network and integrated with the hyper-scalable ImmutableX layer-two solution. ImmutableX gives the players of Illuvium access to zero gas fees for minting or exchanging assets, as well as sub-second transaction times, all with user-maintained custody.

The genesis of Illuvium was a desire to make a collectible NFT game that was open, transparent, and governed by the community.

How to Stake ILV?

In order to Stake ILV you must own some ILV and ETH (to cover gas fees).

The best wallet to interact with the Illuvium Staking Portal is a metamask wallet.

Once on the staking portal, you can Stake either ILV or ILV/ETH SLP in the core pools section.

For a Step-by-Step guide on Staking ILV please read our tutorial.

How much can I earn Staking ILV?

When staking ILV or ILV/ETH SLP the rewards are paid by ILV Block Reward Inflation.

Each core pool is given a proportion of the Block Reward. Please follow along with the community to discuss changing allocations.

To estimate your staking rewards please visit the Illuvium Advanced Calculator.

Any risks to Staking ILV?

There is normal Ethereum smart contract staking risks associated with staking ILV.

Also, stakers need to take the time risks associated with any lock-up periods and high inflation rates into consideration.

Read Quantstamp’s Audit of Illuvium Yield Farming Rewards here.