Tl;DR
- Illuvium launches Staking V3 on Base to improve performance and access.
- The update introduces a double reward model with ILV and shards.
- To participate, users must connect their ILV to Ethereum.
Illuvium starts Placing V3 ON Resistwhich aims to improve performance and expand access by moving operations away from Ethereum. The update introduces a structure that strengthens participation through modern reward mechanics and simpler interaction for users staking ILV.
The system delivers double reward model. Participants earn money ILV by distributing revenues under the RevDis protocol after registering the platform 150 ETH in generated revenues. Users also receive Shards every day. Shards act as seasonal loyalty points, the employ of which is explained as each season progresses. The reward depends on the vault selected, the amount wagered, the duration of the stake and the multipliers applied.
The season lasts six months. After each period, the Shard output resets. Emissions are falling 2.97% every Monday, causing a gradual decline over the season.
Staking V3 promotes long-term commitment through lock-based multipliers
Lockout periods run from 30 to 365 dayswith multipliers from 1x to 2x. Some AND Strengthen applies to early adopters who participated in earlier versions of Ethereum. Combined incentives can achieve a 3x hatoffering sustainable conditions for newcomers and long-time supporters.
Migration from Ethereum to Base is based on ILV Bridge powered by LayerZero. Users transfer ILV to the Base via the bridge, then select a vault and lock period in the Illuvium staking interface. The platform supports daily reward redemption or continuous reward accumulation, providing participants with a clear and direct staking flow anchored in crypto-financial activity.
