Elixir Games Launches $ELIX Staking, Enhancing User Engagement and Token Utility
Staff Writer • 2024-09-18
Elixir Staking Empowers Users with Limited-Time High Yield Staking Options and Seamless Integration BARCELONA, Spain — Elixir Games, a prominent force in the Web3 gaming industry, has officially introduced $ELIX Staking, a major enhancement to its ecosystem. The new feature enables users to stake their $ELIX tokens directly through the Elixir Launcher, significantly boosting user engagement and expanding token utility within the platform. Offering an impressive limited-time Annual Percentage Yield (APY) of up to 22% for long-term stakers, this initiative incentivizes sustained participation through the end of 2024, marking a new era for Elixir’s tokenomics. "The launch of $ELIX Staking is a game-changer for our community," said Carlos Roldan, CEO of Elixir Games. "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." Token Burn Signals Long-Term Value To commemorate the staking launch and demonstrate its commitment to long-term token value, Elixir Games is implementing a token burn equivalent to 1% of the total $ELIX supply—valued at $260,179.32 USD—from the team’s allocation. This strategic reduction in supply is designed to create additional value for $ELIX holders while aligning with the broader goal of establishing a sustainable token economy within the Elixir ecosystem. Flexible Staking Options Tailored to Users Elixir’s staking program offers flexible options, catering to a wide range of users. With durations ranging from 30 to 360 days, the APY rewards scale with longer commitments, encouraging users to lock in their tokens for extended periods. Notably, the highest available reward, a 22% APY, is accessible only through the end of 2024, after which long-term stakers will transition to an 18% APY rate. The program is structured into four tiers, with a minimum stake requirement of 5,000 $ELIX tokens: 1. 30 days: 5% APY 2. 90 days: 8% APY 3. 180 days: 12% APY 4. 360 days: 22% APY Seamless User Experience via the Elixir Launcher Elixir Games has made managing staking activities straightforward through its user-friendly launcher interface. The dedicated Membership section allows users to monitor their staking status, view potential rewards, and manage multiple staking pools with ease, ensuring transparency and control over their investments. $ELIX staking is now live and available on the latest version of the Elixir Launcher. About Elixir Games Elixir Games is at the forefront of the Web3 gaming revolution, distinguished by its pioneering role in game distribution and development. The company’s focus on creating cutting-edge infrastructure has established it as a leader in the industry, with a strong emphasis on player-centric experiences. Through its white-label solutions for enterprises and strategic acquisitions of indie game studios, Elixir Games continues to foster innovation and support creative talent, reinforcing its vision of shaping the future of gaming.
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