Tl;DR
- Illuvium launches Staking V3 on Base to improve performance and access.
- The update introduces a dual-reward model with ILV and Shards.
- Users must bridge their ILV from Ethereum to participate.
Illuvium launches Staking V3 on Base, aiming to improve performance and widen access by moving operations away from Ethereum. The update brings a structure that strengthens participation through new reward mechanics and simpler interaction for users who stake ILV.
The system delivers a dual-reward model. Participants earn ILV through revenue distribution under the RevDis protocol once the platform registers 150 ETH in generated revenue. Users also receive Shards each day. Shards function as seasonal loyalty points, with usage explained as each season progresses. Reward output depends on the selected vault, staked amount, stake duration, and applied multipliers.
A season spans six months. After each period, Shard output resets. Emissions fall by 2.97% every Monday, creating a gradual decline across the season.
Staking V3 promotes long-term engagement through lock-based multipliers
Lock periods run from 30 to 365 days, with multipliers ranging from 1x to 2x. An OG Boost applies to early users who participated in earlier versions on Ethereum. Combined incentives can reach a 3x cap, offering balanced terms for newcomers and long-time supporters.
The migration from Ethereum to Base relies on the ILV Bridge powered by LayerZero. Users move ILV to Base through the bridge and then select a vault and lock period on Illuvium’s staking interface. The platform supports daily reward claims or continued reward accumulation, giving participants a clear and direct staking flow anchored in cryptofinancial activity.
