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Illuvium: 100% of all revenue within the ecosystem will be returned to ILV stakers.

Sep 18, 2024 18:53:54

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ChainCatcher news, according to a user in the crypto community "Blue Fox Notes," states that according to the project team, 100% of all revenue within the Illuvium ecosystem will be returned to ILV stakers. This includes: in-game revenue from fees, such as skins; Dex trading fees; sponsorships, event revenues, etc. These fee revenues will enter its DAO treasury, and then ILV will be purchased at market price, with the obtained ILV distributed to ILV stakers.

Illuvium co-founder Kieran Warwick previously announced that Illuvium has raised $10 million from Framework Ventures, which will be used to accelerate game development and support its distributed contributor team. The tokens involved in this financing deal will be locked for two years and will not be included in staking, thus will not participate in profit distribution.

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