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.

Blockchain game distribution platform Elixir has announced it’s acquired the Project ST IP from Spanish developer The Breach Studios.

Now known as Robokiden, the 5 player team-based thirdperson shooter will be launched in July as part of Elixir’s $1 million season pass rewards campaign. It’s also planned to release the games for consoles including PlayStation5, Xbox and Switch.

It will use the KIDEN token as a reward, which will be used to buy loot boxes and NFTs.

In conjunction with the deal, Elixir has also announced a strategic partnership with Ava Labs, the outfit behind the Avalanche blockchain, which will see Robokiden adopting Avalanche.

“Our goal at Elixir has always been to bring engaging and innovative IPs to our platform, which is why we’re incredibly excited to bring Robokiden to our community,” said Elixir CEO Carlos Roldan.

“By partnering with Ava Labs, leaders in the development of web3 tech specifically designed for gaming, we can’t wait for players to start diving into this vibrant arena shooter.”

Find out more at the Robokiden website.