PC blockchain recreation distribution platform Elixir is launching a staking program for holders of its ELIX token.
Requiring a minimal of 5,000 ELIX (at present value round $100), customers can discover the staking choice with the Elixir launcher, with choices starting from a 5% return for staking your tokens for 30 days to 22% if you wish to lock them up for 360 days.
The complete particulars are:
- 30 days: 5% APY
- 90 days: 8% APY
- 180 days: 12% APY
- 360 days: 22% APY
As a part of the initiative, the Elixir workforce shall be burning 1% of ELIX’s complete provide (at present value $260,000). This shall be sourced from the workforce’s personal token allocation.
“The launch of $ELIX Staking is a game-changer for our community,” mentioned 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.”
Extra details about the $ELIX staking function might be discovered right here.
