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A-W

Revenue distribution is paid out in the form of unlocked

ILV and the payout is done multiple times a week without a fixed schedule. Before paying out revenue distribution, the vault converts ETH spent in-game into ILV by buying it off the market which puts buying pressure on the ILV token and thus supports its price development.

- i thought u guys said, its buy back illuvium? there is airdrop or? how are rewardds being distributed

#cryptocurrency #english #illuvium
0

7 ответов

12 просмотров
TKO-

https://medium.com/illuvium/29-governance-yield-farming-and-vault-distribution-faq-7327ae7eb507 Please read here for more info friend

0
21.10.2021
A-W Автор вопроса

i read about this. but i dont see how they talked about landsale distribution of profit. they buy back the ILV or is there some kind of airdrop rewards?

0
21.10.2021
TKO-
A W
i read about this. but i dont see how they talked ...

So it is important to understand that when Silv is used it does not create revdis as it is burned forever due to the fact an ILV was not minted for that Silv. Any revenue distribution is done through the vault buying back ILV and distributing it back to ILV stakers it's been mentioned a few times

0
21.10.2021
Ivan-Lucero

Wait what?

0
21.10.2021
Rose-
Ivan Lucero
Wait what?

The tokenomics of this DAO include a 100% revenue distribution. This means that any kind of revenue generated through sales or in-game revenue is distributed back to holders of staked ILV. The same max supply of 10 Million ILV will be used for this purpose regardless of how many games the DAO develops. Revenue distribution is paid out in the form of unlocked ILV and the payout is done multiple times a week without a fixed schedule. Before paying out revenue distribution, the vault converts ETH spent in-game into ILV by buying it off the market which puts buying pressure on the ILV token and thus supports its price development.

0
21.10.2021
TKO-
Ivan Lucero
Wait what?

Pretty cool hey!

0
21.10.2021

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