PC blockchain game distribution platform Elixir is launching a staking program for holders of its ELIX token.
Requiring a minimum of 5,000 ELIX (currently worth around $100), users can find the staking option with the Elixir launcher, with options ranging from a 5% return for staking your tokens for 30 days to 22% if you want to lock them up for 360 days.
The full details are:
- 30 days: 5% APY
- 90 days: 8% APY
- 180 days: 12% APY
- 360 days: 22% APY
As part of the initiative, the Elixir team will be burning 1% of ELIX’s total supply (currently worth $260,000). This will be sourced from the team’s own token allocation.
“The launch of $ELIX Staking is a game-changer for our community,” said Elixir CEO Carlos Roldan.
“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.”
More information about the $ELIX staking feature can be found here.
