Elixir Video games introduced that it’s launching $ELIX Staking, a brand new characteristic that permits customers to stake their tokens instantly within the Elixir Launcher. This makes staking tokens simpler and extra handy for customers in-platform. Elixir can also be providing 22% annual proportion yield (APY) for customers who stake 360 days earlier than the tip of 2024. The staff can also be celebrating the launch by burning $260,179.32, or 1% of whole provide, from its allocation.
Customers can buy $ELIX tokens on varied exchanges, together with Jupiter, Raydium and Bybit, and might both deposit it to their Elixir pockets or an exterior pockets. Relying on how a lot the consumer stakes, they’re granted a group position that gives elevated rewards and advantages in addition to annual returns. Based on Elixir, they’re aiming to incentivize long-term funding within the platform.
The Elixir launcher features a Membership part the place customers can discover extra details about the quantity they’ve staked, their position, rewards and APY. They’ll additionally entry statistics about their stake, together with its worth, and join their Solana wallets.
Carlos Roldan, Elixir Video games CEO, stated in a press release, “The launch of $ELIX Staking is a game-changer for our group. By integrating staking instantly into our launcher with an intuitive interface, we’re not simply simplifying participation—we’re empowering customers to simply monitor their progress and make knowledgeable choices. This characteristic embodies our dedication to making a seamless, rewarding expertise throughout the Elixir ecosystem.”