Elixir Video games introduced that it’s launching $ELIX Staking, a brand new function that permits customers to stake their tokens immediately 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 top of 2024. The staff can also be celebrating the launch by burning $260,179.32, or 1% of complete provide, from its allocation.
Customers should purchase $ELIX tokens on numerous 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 neighborhood function that gives elevated rewards and advantages in addition to annual returns. In response to 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 function, rewards and APY. They will additionally entry statistics about their stake, together with its worth, and join their Solana wallets.
Carlos Roldan, Elixir Video games CEO, stated in an announcement, “The launch of $ELIX Staking is a game-changer for our community. By integrating staking directly into our launcher with an intuitive interface, we’re not just simplifying participation—we’re empowering users to easily monitor their progress and make informed decisions. This feature embodies our commitment to creating a seamless, rewarding experience within the Elixir ecosystem.”