TL;DR
- The Illuvium governance newsletter for October 2024 has been released.
- The IIP-69 proposal was approved to redesign the reward structure, the IIP-66-R proposal to eliminate the bonus fuel system, and the IIP-68 proposal to move the remaining ILV to the DAO Treasury.
- The Illuvium Community Council proposed creating a monthly governance newsletter, improving communication, and clarifying details about the Season 3 airdrop and leaderboard resets.
The October 2024 Illuvium Governance Newsletter was released. The report provides details on several key proposals and updates within the platform’s ecosystem.
First, the Illuvium Main Council (IMC) reviewed several initiatives aimed at improving the reward structure in Illuvium Beyond, as well as in the Gauntlet and Overworld modes. Strategies to enhance player engagement were presented. Discussions were held on adjustments to the leaderboard systems and the implementation of monthly governance updates. The council also explored the possibility of adding spectator modes and tournament streaming to enhance community interaction with the game.
Changes and Discussions
The council also considered allowing direct fuel purchases using the ILV token. Updates to the Illuvium Zero roadmap were reviewed, and expansion possibilities to mobile and console platforms were examined. Additionally, the council discussed changes to improve the ecosystem’s economy, including reviewing fuel sinks and potential adjustments to the blueprint minting process.
Meanwhile, the Illuvium Community Council (ICC) focused on improving communication within governance. They proposed creating a monthly governance newsletter to ensure transparency and encourage continuous community feedback. The ICC emphasized the need for clearer updates regarding the Season 3 airdrop and leaderboard reset plans. They also stressed the importance of refining the burn mechanics for assets.
Approved Proposals in Illuvium
Regarding the voted proposals, the council approved three important initiatives. The IIP-69 proposal, which modifies the reward structure in Illuvium Beyond, was passed to encourage active participation and ecosystem sustainability. The IIP-66-R, which removes the bonus fuel system, was approved to provide greater clarity in the fuel market. Finally, the IIP-68 proposal moved the remaining ILV from the rewards program to the DAO Treasury to strengthen the platform’s financial flexibility in the long term.
Other relevant topics for the future of the game were also discussed. These included the utility of fuel in various areas, the temporary removal of certain game modes to focus on Gauntlet, and the update of the Season 3 leaderboards.
