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Mikael-

Hey so I have staked ILV, am I not supposed

to then get sILV in my wallet or?

#cryptocurrency #english #illuvium
0

5 ответов

22 просмотра
Dick-Kingz

sILV is a substitute currency that can be gained as yield when staking ILV. In game, it can be used to pay for any fee (excluding IlluviDEX trades and Leviathan Arena wagers) that otherwise would be paid for with the main currency ETH. While claimed staking rewards in the form of ILV are locked for 12 months, sILV offers the opportunity to liquidate your staking rewards immediately. The tradeoff for that is that sILV only can be used in-game and does not provide compounding in any form.

0
07.12.2021
Mikael- Автор вопроса
Dick Kingz
sILV is a substitute currency that can be gained a...

I see, so sILV you only get from staking ILV, so instead of claiming more ILV you can claim sILV right away and can only be used in-game. Did i get that right?

0
07.12.2021
Mikael- Автор вопроса
Dick Kingz
Yes exactly

Thx, so its more incentive to stake it longer to get larger APY and being able to get more sILV on your hands

0
07.12.2021
Dick-Kingz
Mikael
Thx, so its more incentive to stake it longer to g...

Many diff strategies but yes depending on your risk profile

0
07.12.2021

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