🥩〕staking

[worn turtle]

Will let you guys know in a bit

[carmine agate]

pls confirm

[worn turtle]

There was a staking reward issue that was reported to us by like 3-4 ppl that we have been investigating for awhile, the solution is almost ready as far as I know and will have a “Missed Claims Page” where you can claim them. Will get more details soon.

[misty karma]

Have any idea on how far back this issue goes or not sure until fix is implemented?

[worn turtle]

Perry is running the numbers on user affected etc. but the fix is almost ready essentially.

[misty karma]

Sick thanks.

[carmine agate]

how many users are affected?

[worn turtle]

Don't know yet

[hot lynx]

very interesting

[ember ginkgo]

Thanks Rich

[hot lynx]

Thanks Rich looks like I am in this group. Will the *missing claims page * be on the staking site?

[worn turtle]

Don't know all the details yet, but will update when i do

but probably there somewhere I imagine

[distant wharf]

Do you know if SLP rewards were included in the missing?

[worn turtle]

As far as I know it was mainly ILV only but we will have a full update about it

[carmine agate]

it's concerning

[gloomy gazelle]

Certainly staking contracts that aren’t working properly is a concern. They were created in such a way that they can be updated which ought to prove very helpful. That it seems to be in the ILV only contract might mitigate some of the impact. Even if emissions were reduced by 30% across the entire ILV only pool (which seems unlikely to me but I’ve not looked at everyone’s experienced APR each epoch) that’s actually only 30% of the 20% that the ILV only pool is getting… so no more than 6% of the emissions since the start of v2 at the end of March 2022. (Approximately 21,000 ILV that could possibly have been unlocked and withdrawn by now with 340,000 ILV still vesting. Compared to the roughly 35,000 ILV that could be unlocking/withdrawn from the SLP rewards every 2 weeks, it’s simply not as numerically significant.)

[worn turtle]

Was addressed here as well https://illuvium.io/news/illuvium-dev-blog-may-2023

[carmine agate]

ahh i see

[carmine agate]

what was the cause? my concern is that we this bug in our contract that was audited for 3 months? by more than one auditor

[burnt wasp]

What about Lelahel stating he mentioned this months ago and Aaron said he didn't know?

[steady trellis]

I don’t think it’s only ILV pool seeing the number and the gap. But let’s see, the team is working on a fix for more than a year.

Or is it 4 months when I posted here ?

#🥩〕staking message

I mean “captured for review” is the answer this it after all, months ago 🥳🥳

Or 3.5 months when discussed with Aaron and discovered what I was talking about ?

But I’m getting told it’s known for a year by someone from the team on immunefi 🥳🥳🥳

Damn I don’t know anymore 🤣🤣🤣

Just I know the bounty is expensive to pay so please align the stories and give only 1 answer guys 🤣🤣🤣🤣

[hot lynx]

Looks like I am in the effected group.
When it's fixed will the 12 months unlock start from the original date or next month + 12 months. Based on a fix being maybe another month away

I am getting flashbacks to wen we got locked into the sliv v1 price death spiral. Pool locked while the price dropped 50% and we couldn't sell.
I remember Kieran saying perhaps a special rugg nft might be given to us 🤔
Let me know if you need that link

[stark hedge]

if i unstake my ILV do i still get reward for the unstake ILV?

[gloomy gazelle]

No. There are no rewards for ILV that is not staked. Once you withdraw your tokens from the contract then the contract is not going to provide rewards for those tokens.

[gloomy gazelle]

I had one significant conversation about reward discrepancies back in December that the team should have been aware of.

[carmine agate]

so the issue has been there for 12 months, and it has been 4 months since they took a look. and no explanation from the team yet

2 staking contracts and both have issues

[gloomy gazelle]

V2 still relies on v1 to provide some data. But yeah it ought to be able to get it right.

[carmine agate]

i hope we can get some info from the team soon, im ready to deploy

[worn turtle]

Aaron addressed it in the dev blog and I have an update as well

Like I said before only 3-4 users actually reached out about it and we had been investigating and implementing fix

[carmine agate]

[ember ginkgo]

Kinda weird you make it sounds like it’s not a big deal

[carmine agate]

who

[ashen dust]

When I read this it sounds like it was only for a small amount of time and was fixed. So it is an ongoing issue? If it was fixed how long ago?

[gloomy gazelle]

The highlight section says it has not even been rolled out yet. So I would think that people still face it but the team will be implementing the update to the staking contracts soon.

@faint shale regarding withdrawals you can’t withdraw deposits and rewards in the same transaction. But you can check the withdrawal boxes and it’ll only let you check the ones that will work in a single transaction.

[nova marsh]

https://tenor.com/view/red-flag-gif-19400654

[hot lynx]

Excellent news

[regal marten]

I wanted to make a quick query to sum all distributed ilv yield, but dune is migrating to an updated query engine, I still need to re-write most of my queries... the currently ones have been placed in a read-only mode 😦

[gloomy gazelle]

Wow. So it’s probably a good thing I have not learned anything yet.

[lyric needle]

can we setup a dune study group

[gloomy gazelle]

Mmm but then I’d have to do it…

[lyric needle]

nah you dont just being part of a group releases some dopamine

[gloomy gazelle]

That must be why I feel so good all the time. I am already in like 100 discord groups.

Sign me up!

[lyric needle]

I'll see if the friend requests go through (not holding my breath hehe)

[gloomy gazelle]

https://tenor.com/view/close-friends-ron-swanson-parks-and-rec-nonsense-we-are-close-friends-sarcastic-gif-17698138

[steady trellis]

Check my query, should be updated, use it as a base for your work

[regal marten]

What's your username on dune sir?

[steady trellis]

Must be Lelahel or something like that 🫠

I mean I’ve pushed the link so many time here, let’s see if it still work

https://dune.com/queries/1545677

[regal marten]

Something weird going on with dune search.. ty!

[hot lynx]

All good its going to be fixed. Perhaps a question for the team. V2 went through 3 audits 2 external and 1 internal. How did it pass?
Perhaps look at other audit groups

[hot lynx]

I don't rate** Certik **based on a number of projects that have had issues

[brisk surge]

How we can make a pool at sushiswap v3 for more rewards ?

[worn turtle]

QuantStamp was for sure one of them

Its on the staking page

[hot lynx]

Certik was noted as the other

[worn turtle]

I believe staking v1 but would need to double check

[hot lynx]

Np Rich I still remember you from the early early days of ILV
way before DS on telegram.
I don't use TG these days
Lets go RevDis

[carmine agate]

what if they knew it was an issue and let it slide for future fix?

[hot lynx]

Wdym

[carmine agate]

what if they knew there is a problem with staking rewards, and still launched v2 because it's taking too much time to fix

staking was paused for 3 months

thats like 3 years in web3

[rich hollow]

I feel bad to whoever bought $ILV at 1000$+

[cerulean flower]

i think you are lucky....

[rich hollow]

I guess you are right I feel blessed, but it also cost me a lot along the way to be "lucky" nowadays...

[gloomy gazelle]

Why would quantstamp risk their reputation (their brand) to publish an audit that left out a known issue?

[carmine agate]

u can pass with notes, right?

[gloomy gazelle]

Sure. Plenty of notes. The audit is made publicly and is available for everyone to read.

[ember ginkgo]

rofl

[gloomy gazelle]

https://staking.illuvium.io/
Scroll down and click Quantstamp Audit V2

Or you can check the audit pdf directly.

[hot lynx]

Do we have the certik notes , could be worth a read idk thx

[gloomy gazelle]

Only thing I can find is a certik audit of the LAND SALE protocol.

[hot lynx]

V1 perhaps 🤔 idk

[carmine agate]

TLDR?

[gloomy gazelle]

It’s fine

[carmine agate]

do we know how many wallets are affected?

[gloomy gazelle]

That has not been shared.

[carmine agate]

i asked nick about it yesterday, still waiting

[lone egret]

What is the current yield on staking ILV? And u get rewarded I’m SILV right?

[gloomy gazelle]

?claim in the token you want ILV (start the vesting) or sILV2

[worthy lark]

Claiming Rewards

When you stake ILV in yield farming, rewards will start accumulating for you. However, you'll need to manually claim these rewards and pay for the GAS fees of these transactions.

You can choose to claim the rewards whenever the pile is big enough to justify the gas fees. If you claim sILV2, it will be unlocked right away and can be used in-game as a substitute currency for ETH outside the marketplace and the Leviathan Arena. If you claim ILV, that batch of ILV will be locked for 12 months and automatically staked in the ILV pool with a token weight of 2.0 for compounding effects. And the process starts over again with new rewards accumulating.

Please note that ILV paid out as part of Illuvium’s Revenue Distribution must also be claimed, but they are not subject to a locking period.

[lone egret]

Ok what’s the APY on ILV claims?

[gloomy gazelle]

Depends which tokens you deposited. ILV only or the eth/ILV SLP tokens.

https://staking.illuvium.io/staking

[onyx flower]

Is it basically going to be every wallet that had a different yield than website advertised? Or was that just a tooltip error?

[worn turtle]

I'll get more details asap

[brisk surge]

When sushiswap v3 pool for Ilv ?

[gloomy gazelle]

Probably not until after YF ends in June 2024

[quaint nest]

Hi, if my stake from the ILV/ETH pool finished vesting does it automatically start staking in the ILV pool or do I have to claim and then stake?

[gloomy gazelle]

deposits keep earning in the pool they were deposited into until they are withdrawn. even after they are unlocked.

PENDING REWARDS must be claimed. and all rewards are the same. ILV

?claim

[worthy lark]

Claiming Rewards

When you stake ILV in yield farming, rewards will start accumulating for you. However, you'll need to manually claim these rewards and pay for the GAS fees of these transactions.

You can choose to claim the rewards whenever the pile is big enough to justify the gas fees. If you claim sILV2, it will be unlocked right away and can be used in-game as a substitute currency for ETH outside the marketplace and the Leviathan Arena. If you claim ILV, that batch of ILV will be locked for 12 months and automatically staked in the ILV pool with a token weight of 2.0 for compounding effects. And the process starts over again with new rewards accumulating.

Please note that ILV paid out as part of Illuvium’s Revenue Distribution must also be claimed, but they are not subject to a locking period.

[quaint nest]

I mean for rewards I took out my initial deposits a while ago but some of my rwards just finished vesting

[gloomy gazelle]

vesting rewards keep earning until withrawn. all rewards are ilv and so they are in the ilv only pool

[quaint nest]

ok so it would be kinda dumb to "withdraw" and then stake since they are already in the ILV pool

[gloomy gazelle]

yeah

[quaint nest]

thanks pelican

[gloomy gazelle]

[hot lynx]

Hey when and what sort of APY% is v3 staking most likely to be

[regal marten]

I think by the time we get staking v3 it will only be about revenue distribution. Revdis will me depend on revenue itself, which depends on the success of the games, so it's hard to tell.

[hot lynx]

That's what I was thinking 100%

RevDis would take over

[regal marten]

That being said, I'm expecting at least 10% but that's just a semi-educated guess 🙂

[hot lynx]

I am thinking $10 Revdis per ILV in 2025

[regal marten]

According to my napkin math here, with 10mln yearly usd revenue, it would be around 1$ per ILV.

[regal marten]

I would be very happy with that!

[hot lynx]

We will find out in 2 yrs

[regal marten]

And we have been waiting for so long already! 😄 #🚰〕leaks made that easy though.

[hot lynx]

Ya looks like you and I joined early

[rapid ledge]

Could you explain to me when I go to Sushiswap and look at the SLP for ILV/ETH it says that the APR is 1.69% yet when I look on stking on Illuvium.io it says 38.9% Why is there so much of a disparity?

[worn turtle]

Sushi has its own APR for just providing liquidity, once you stake on Illuvium platform thats getting rewards from Illuvium staking. So the APRs are different because different platforms and rewards.

[rapid ledge]

How does Illuvium pay so much more APR.... how do they pay for it when fees on Sushiswap itself are so low? Does Illuvium pay thiis out of the Treasury to maintain ILV liquidity?

[gloomy gazelle]

There was 3million ILV set aside for yield farming. Those are the tokens being provided as APR for deposits in the illuvium staking protocol. Most have been distributed as staking yield already.

[worn turtle]

Sushi is providing rewards out of their rewards pool (Dont know exactly what it is) and all LPs get rewards so they have a lot more people and projects to distribute rewards to. ILV rewards for staking are a set amount of tokens of ILV set aside for staking.

[gloomy gazelle]

Sushi’s yield is paid in SUSHI tokens. I think It’s somehow based on how much volume is being swapped on the LP.

[rapid ledge]

It looks like from the graph that we are almost to the point that there is only about 1 year left. What happens if you ask to stake for 1 year but there is only say 10 monhts left of providing rewards? Will it not let you stake 1 year and only let you stake the max of 10 monhts?

[gloomy gazelle]

It will let you stake for the 12 month lockup. Because the staking protocol will not end. It will simply stop providing YF rewards. But it will continue to provide Revenue Distributions to staked ILV, which includes the ILV contained in ETH/ILV sushi lp tokens.

All deposits continue to eligible to earn until withdrawn. The lockup time period just determines when it’s possible to withdraw.

[rapid ledge]

So at some point in the next year the staking rewards for YF will go away but the Rev Dis willl continue... so the APR at some point will be much lower that the 38% or so.... maybe down to a few percent when the YF stops?

[gloomy gazelle]

The APR will very likely continue to go down a little bit every 2 weeks until it gets close to zero. Then the only thing will be revenue distribution. And revenue distribution has not been considered to be part of the APR so far.

If you are interested in a longer explanation of how the APR is variable see this post. #🥩〕staking message

[plain nest]

When removing SLP from sushi MetaMask is asking me to set a spending cap for my SLP. Do I just select max to remove all liquidity so I can sell the eth? Haven’t done it before.

[gloomy gazelle]

It’s up to you. But it might be better to set the spending cap to a little more than what you have in your wallet (or exactly what is in your wallet that you want to remove). #🥩〕staking message

[plain nest]

Speedy reply as always thanks pelican. I just hadn’t seen this third party spending cap in MetaMask before. Now I know it’s normal thanks mate!

[hot lynx]

A champion bird 🐦

[wind isle]

Does anyone know of a walk through for swapping SLP tokens back into ETH and ILV, via Sushi? It's been ages since I first created the SLP tokens and I'm having trouble. SLP tokens are already back in my MM. Appreciate any pointers.

[candid kettle]

#🥩〕staking message

[wind isle]

Thank you sir!

[indigo portal]

My vesting is completed, I don’t see any rewards for vesting

[ember ginkgo]

That sux

[gloomy gazelle]

It’s possible that you never claimed your pending rewards. Or that you never upgraded to the v2 contracts, more info on this in the pins.

claiming pending rewards is important

[worthy lark]

Claiming Rewards

When you stake ILV in yield farming, rewards will start accumulating for you. However, you'll need to manually claim these rewards and pay for the GAS fees of these transactions.

You can choose to claim the rewards whenever the pile is big enough to justify the gas fees. If you claim sILV2, it will be unlocked right away and can be used in-game as a substitute currency for ETH outside the marketplace and the Leviathan Arena. If you claim ILV, that batch of ILV will be locked for 12 months and automatically staked in the ILV pool with a token weight of 2.0 for compounding effects. And the process starts over again with new rewards accumulating.

Please note that ILV paid out as part of Illuvium’s Revenue Distribution must also be claimed, but they are not subject to a locking period.

[indigo portal]

Yea I haven’t opened it since 2021, and its in v1. Thanks a lot I’ll check the pinned messages

[dawn lily]

Hello all, it appears the version of wallet connect Illuvium is using on the site is out of date so I cannot connect my wallet to view my staked Illuvium. Does anyone have a timeline on when the dapp will be updated with the latest version of wallet connect?

[candid kettle]

Do you see any error message when you try to connect? Have you tried connecting the wallet on a different browser? Or connecting after clearing the browser's cache and cookies?

[dawn lily]

Yes, I’ve tried all of the above. The support for Argent wallet, which is what I use states that the version of wallet connect on Illuvium.io is no longer supported as of June 28

[candid kettle]

I've never heard of that wallet before. Please submit a support ticket at #❓❓〕support to see if there might be a different compatibility method to try

[sharp bison]

Guys, does any of you had that kind of problem like "cannot estimate gas.." monit, during to withdrawing vesting?

[candid kettle]

Can you submit a ticket to #❓❓〕support The support team will sort you out. The general purpose fix for this problem is to claim rewards (only rewards, through the Rewards tab) as ILV. It has to be a rewards claim as ILV, even if there's like, almost no rewards pending. After that, you should be able to withdraw normally.

[sharp bison]

I just did it now, I though that maybe someone had something like this and it is some simple solution, but now I send ticket to support and I will wait for an answer

[gloomy gazelle]

I think this conversation has the solution #🥩〕staking message

[hot lynx]

Has anyone done an estimated guess on what dates RevDis could kick in and what ranges over time

[burnt hill]

RevDis was a marketing stunt... don't expect anything until the game is full throttle 2025 maybe

[hot lynx]

I have the right name

[burnt hill]

it also could never happen 😄

[hot lynx]

I hope 2025 occurs and the world 🌎 is at peace ✌️

[dawn lily]

Ok, will do.

[hazy swan]

how do I stake ILV? what wallets I can use?

[gloomy gazelle]

#🥩〕staking message

[hot lynx]

How is the error correction going with staking

Any suggested correction actions and dates 📅 🙂

[regal marten]

I don't know anything, but did some calculations and on average, every staker would get around 5 ilv (depends on stake, so your amount may vary)

[hot lynx]

Every 1 ILV staked gets 5 more ? Sounds like too many
Idk

[regal marten]

That's not what I meant, I meant 5ilv for every staker, on average 🙂

[hot lynx]

And how many extra for the error in the staking system?

That's what I am thinking about

[regal marten]

Interesting thought.. did they confirm anything of the sort? Can’t imagine them printing more ilv just because of a late delivery of rewards?

[hot lynx]

It would be distributed from the undrawn down pool.

Question is

How many
Locked or unlocked
Wen

[regal marten]

Not sure if that matters, because everyone had the same (relative) shortfall at that time.

[hot lynx]

will they be ready for claim as another 12months lock ? or unlocked and wen

[gloomy gazelle]

Do you expect xastor to know?

I’ve not heard anything regarding how it will work

[hot lynx]

@gloomy gazelle was an open question and he tagged so we chat

[gloomy gazelle]

Ok

[hot lynx]

ok

[regal marten]

I don’t know, but i love speculating 😉

[hot lynx]

me too

[gloomy gazelle]

https://tenor.com/view/but-i-like-that-sometimes-too-much-grace-and-frankie-jane-fonda-gif-15282987

[hot lynx]

I guess its allowed until something is posted officially

[gloomy gazelle]

They won’t add to the supply beyond anything that was intended.

[hot lynx]

I guess I am hopping for a 27% top up #🥩〕staking message

[gloomy gazelle]

And they did say there will be some sort of claims page. Whether those are locked or unlocked would depend on several factors. If it’s a fancy claim page there could be different periods of lockup but all with 2x weight. Possibly also having sILV2 as a claim option

[regal marten]

I’m expecting they will be ready to claim without lock, maybe as a concession?

[hot lynx]

kind of excited to get a bag top up tbh of some kind. I just feel like I never have enough

[hot lynx]

yes this would be a good for us agree.

[regal marten]

Arb? I have optimism roots, but not against arb 🙂

[hot lynx]

Will V3 staking be on ARB and any clues on wen as ARB is so fast and gas is great. Open question

[hot lynx]

I don't mind OP or ARB

[regal marten]

I was expecting it to be on immutable, but did not think much about it tbh 🤔

[hot lynx]

everytime I do a claim for $7 to $11 I think about tbh

vs .18 cents

SLP is the biggie

RevDis replaces it and most of the gas issue goes anyway I guess

just Staking and RevDis speculation

[gloomy gazelle]

IMX partnering with polygon makes me wonder if IMX will build something as zk-evm

[bright heart]

Pretty sure they're working on it. Robbie brought it up in their latest town hall.

[gloomy gazelle]

Yeah. It just makes sense.

[regal marten]

Yeah, makes a lot of sense, it would extend the possibilities a lot. They're already using StartEx, so it seems a logical step. The only question I have is if the zero-fees system they have now could keep functioning?

There's a great article on the ims fees model here : www.immutable.com / blog/fees-on-immutable-x

I'm afraid zero-fees is not compatible with "do whatever you want" 🙂

[hot lynx]

These channels are alot quiter than the bull days that's for sure

[lone nest]

Apologies if this has been asked a million times before or is listed somewhere that I've missed. But when your tokens have vested do they need to be unstaked and then restaked to continue earning rewards or can they just be left and continue doing their thing?

[pure eagle]

No needto re-stake, if you leave them in the pool after vesting period is over ley will continue to earn rewards at same weight until you witdraw them

[lone nest]

amazing thank you

[limber stirrup]

When to unstake ?

[pale trellis]

When you want to convert for cash

[gloomy gazelle]

Tokens can only be withdrawn after they have finished their vesting period and unlock. Tokens continue to earn rewards after they unlock, until they are withdraw. Once tokens are withdrawn they stop earning rewards.

[ashen dust]

I used to use lelahel's calcuator that was pinned in this chat. I dont see it anymore. Is there a new version or something similar?

[gloomy gazelle]

It looks like @steady trellis deleted the link to his sheet

[mystic cosmos]

For V1 stakes is there a limit to how many can be bundled together?

I got an error and it ate my gas

[hot lynx]

People seem to forget the 12mths lock + are 2x RevDis
vs a shorter period staking which is less than 2x
So just staked tokens as a RevDis equation is not 100% correct

Longest lock and no withdrawal is my approach
Then top of the next bull sell a few as they will be sitting staked and unlocked

[candid kettle]

Please submit a support ticket at #❓❓〕support . They will be able to provide you with more specific guidance and assistance

[polar abyss]

anyone know the cheapest way to stake / unstake ? Avalanche? loopring? imx?

[burnt wasp]

it's all eth layer 1 for now

staking v3 will fix this

[cunning perch]

ILV will always be on ETH.

[polar abyss]

I thought there was other ways to process the transactions and lower costs

[bright heart]

Trading and minting is on imx, but staking is on eth.

[hoary marten]

Has Illuvium migrated to Wallet Connect v2 ? I cannot connect my mobile wallet anymore through wallet connect both from my phone or tablet 🥲

[last hawk]

Please contact #❓❓〕support for this one.

[distant wharf]

Any update on this soon?

[ember ginkgo]

https://tenor.com/view/illuvium-illuviumio-ilv-yield-farming-gif-22225026

[coral pike]

https://tenor.com/view/wen-now-pxin-gxng-birdofurdo-spxceballs-gif-24927571

[hot lynx]

https://tenor.com/view/illuvium-ilv-illuviumio-yield-farming-yield-farm-gif-22324807

2025

[ember ginkgo]

https://media.discordapp.net/attachments/791148476218081321/1121610905453604905/giphy480p.gif

[cedar flame]

If I staking an ILV for 6 months now, the interest rate on the ILV that is now locked for 12 months will remain at 12 months, correct?
6month ILV will have the same APR as 6month one if it is still in place after 6 months, and 12month one will remain at 12month APR, is that correct?
But after 1 July 2024, it will be 0%.
Is this correct?

[gloomy gazelle]

The rates are variable. The rate that all deposits are experiencing are related to the currently displayed APR (depends on their weight)

If your tokens have 2x weight (12 month lockup) then they are receiving the currently displayed APR. If your deposited tokens have 6-month lockup then they will be receiving the currently displayed APR*1.5 (at least I believe 1.5x is the weight 6 month lockup receives)

[gloomy gazelle]

Yield farming will end in July 2024, correct.

[cedar flame]

I know The rates are variable.
I want to know that Can I keep the same wallet if I staking 6 months ILV from now?
Does it have any effect on the 12-month lock?
Are the two locked ILV calculated at different interest rates?
Is it correct?

There is an ILV that is now 12 months locked.

[gloomy gazelle]

So it’s getting the currently displayed APR

[gloomy gazelle]

You can stake for multiple lockup times using the same wallet. The contract will determine the proper rewards based on each batch’s appropriate apr.

[cedar flame]

Thank you that I wanted to know that👍

[hot lynx]

the 🐦 is new

[wooden crag]

I haven't been restaking my regards. If I want stake my rewards from staking ETH/ILV can I still restake in ILV for 1 year ?

[cunning perch]

There is no re-staking. You have to claim your ILV rewards and they will be locked for one year AFTER you claim them. Unless you claim sILV2

[wooden crag]

Aha... I haven't claimed. So need to do that thanks.

[gloomy gazelle]

⤵️

[worthy lark]

Claiming Rewards

When you stake ILV in yield farming, rewards will start accumulating for you. However, you'll need to manually claim these rewards and pay for the GAS fees of these transactions.

You can choose to claim the rewards whenever the pile is big enough to justify the gas fees. If you claim sILV2, it will be unlocked right away and can be used in-game as a substitute currency for ETH outside the marketplace and the Leviathan Arena. If you claim ILV, that batch of ILV will be locked for 12 months and automatically staked in the ILV pool with a token weight of 2.0 for compounding effects. And the process starts over again with new rewards accumulating.

Please note that ILV paid out as part of Illuvium’s Revenue Distribution must also be claimed, but they are not subject to a locking period.

[warm river]

Hi Guys, apologize for asking a dumb qn. I just login to the ilv staking platform and then realized all my vesting rewards are gone. Any idea what happened? My last login was in 2022...

[carmine agate]

@cyan rampart could u help this lost soul

resolved.

[hot lynx]

Clear cache

[ashen dust]

Does the length of staking only matter for yield farming rewards.? Or does it also matter for revdis?

[gloomy gazelle]

Yes. Because Deposit weight also impacts the revdis received.

[pulsar basalt]

Hey
Will APR decrease in ILV/ETH Sushi Pool?

[bright heart]

Yes. By definition it drops every 2 weeks. And it's also related to volatility.

[gloomy gazelle]

As Ned was referring to, the amount of ILV distributed as rewards is reduced by 3% every two weeks. So APR is expected to go down.

Here’s a more comprehensive post #🥩〕staking message

[naive fossil]

if my stake is already unlocked does it still earn me tokens if i dont claim it yett?

[gloomy gazelle]

Unlocked tokens do not need to be claimed. You would only ever withdraw them, and you do not have to do that. They will keep earning as long as you don’t withdraw them.

[worthy lark]

Claiming Rewards

When you stake ILV in yield farming, rewards will start accumulating for you. However, you'll need to manually claim these rewards and pay for the GAS fees of these transactions.

You can choose to claim the rewards whenever the pile is big enough to justify the gas fees. If you claim sILV2, it will be unlocked right away and can be used in-game as a substitute currency for ETH outside the marketplace and the Leviathan Arena. If you claim ILV, that batch of ILV will be locked for 12 months and automatically staked in the ILV pool with a token weight of 2.0 for compounding effects. And the process starts over again with new rewards accumulating.

Please note that ILV paid out as part of Illuvium’s Revenue Distribution must also be claimed, but they are not subject to a locking period.

[gloomy gazelle]

Claiming is for pending rewards that are not earning

[twilit obsidian]

I was on Trust wallet and can’t access staking. How can I shift to Metamask?

I have some ilvs staked for a year

[cerulean flower]

put your secrets words into metamask

you select that you have an account (somethink like that) and after the 12 or 24 words

[twilit obsidian]

Damn was there secret words of Ilv staking? I just have my trust wallet phrase

[cerulean flower]

not from ilv staking, form your trust wallet

[twilit obsidian]

Okay I’m a noob, so if I use trust wallet phrase on metamask. Will it work?

[cerulean flower]

the trust wallet and metamask are the "interface" to "access" the blockchaine....

yes, it will work

[cerulean flower]

a warning, don't say those words to anyone, and write them down on a piece of paper, so you don't lose them, not on your phone or computer...but on a piece of paper

[twilit obsidian]

I already have them written on a piece of paper. I’ll try this and hopefully it works out for me. Scammers are already trying to message and add me as we speak. I’m not responding to them. Thanks for your advice. Appreciate it

[worthy lark]

DMs are scams

Mods and Team members will never DM you.
Never trust advice or links received in DMs.

Beta access, giveaways, and promotions are not given out via DM. Scams are designed to trick you into installing malicious software to gain access to your wallet or to convince you to enter your seed phrase into a website. Never give your private key (12 to 24-word seed phrase) to anyone.

Support is not provided via DMs

Support is handled publicly, or in threads within the Illuvium Discord. People offering support via DM are scammers.

Please follow the instructions pinned in #report-scammers to report bad actors so we can remove them from the server.

[bright heart]

I've been wondering. I've collected some ILV from the beyond leaderboard. Would you add some ETH to it and stake it in the SLP? If yes, would you stake it for a full year, because distributions will end before that? Or would you keep the token on minimum lock to potentially take profits near launch?

[ember ginkgo]

NFA

[bright heart]

I'm just asking for opinions as part of doing my own research 😄 Maybe I'm missing some good points on it.

[ember ginkgo]

Well I locked for a year and I wish I didn't 😉

[bright heart]

I appreciate you input, why tho? What did you want to do and wasn't able to? Sell the pump to 100?

[ember ginkgo]

Sell at 1800? 😄

[devout bobcat]

any update regarding the staking bug? was out of the loop for some time

[gloomy gazelle]

Not really.

[civic igloo]

Assuming I have 100 ILV staked for a year, then decide to stake another 100 ILV half a year later. Will that reset my staking time for my first 100 ILV, or will they still be unlocked after another 6 months?

[ember ginkgo]

Yes

[hot lynx]

For v3 staking suggestion to fix an issue
I have 3 to claim and I buy 7.
I would like to stake the 10 in one go

[ember ginkgo]

Or just don't claim them and they stay staked

assuming they are done vesting ofc

[hot lynx]

Non vested arriving from my SLP

[ember ginkgo]

Staking v3 would be on L2 anyhow so doesn't really matter anymore since there wouldn't be a gas fee

[hot lynx]

SLP will be dead by that time no %

Only RevDis no SLP eventually

[queen garden]

Hi fam. How are y’all. I got an issue and hoped to find somebody who can help me within the ilv. haven’t checked my stakes for a long time since i am on a few month patrrnity leave. now i wanted to check my dashboard but my mm extension won’t open my accound. instead it opens another mm website to create new account or import existing wallet. i am a bit confused since this happend the first time in over 2 years. and i dont travel with my seed phrase. anyone ever had a similar issue? i use a macbook.

[hot lynx]

V1 👀

Best ask @ember ginkgo the old mods or wait

[ember ginkgo]

Oh I’m sorry, I don’t work here 🤓

[hot lynx]

Good luck

Me too 🥸

[cyan rampart]

Each deposit has its' own timer. Creating a new deposit won't reset your existing deposits. In your example, your initial 100 ILV deposit would still be unlocking in 6 months. Your second 100 ILV deposit would be locked for 12 months.

[cyan rampart]

This sounds like you might have landed on a scam website, be careful. Make 100% sure you're on the correct website, you can find links in #🔗〕helpful-links .

If it just turns out you're having issues where MM isn't working correctly, you should submit a ticket to #❓❓〕support

[queen garden]

thanks mate. but it doesnt even work if click the mm extension on my landing page

[cyan rampart]

Gotcha, if that's the case, submit a ticket to #❓❓〕support and they will help you out.

[queen garden]

even the ilv team will help me with mm issues? its just so strange that it somehow removed my account/wallets.

[queen garden]

can i submit a ticket? it says write an email 🙂

will they be able to check if my assets are still locked?

[cyan rampart]

If you check your own wallet address on Etherscan, you can see any transactions the wallet engaged in. Support would be able to see that if you provided your wallet address.

The support page to submit a ticket should look like this, you will get a response as an e-mail though.

[queen garden]

bless you mate!

[gloomy gazelle]

Each deposit maintains its own vesting timeline.

So one deposit does not impact how long another deposit will be locked for.

[civic igloo]

Alright. That's great. Thank you as always 🫡

[proud cargo]

You guys know if/when they are planning to add walletconnect 2.0 support?
cant connect to staking anymore

[candid kettle]

Which wallet are you using? Do you see any error message when you try to connect?

[proud cargo]

trust wallet, no error

i think they switching to walletconnect 2.0

[floral plaza]

Connect manually mate.

[gloomy gazelle]

Most wallets do allow you to open the wallet extension and click a connect button somehow. You often do not need the website to initiate the connection.

There’s never a need to input a seed phrase anywhere.

[worthy lark]

DMs are scams

Mods and Team members will never DM you.
Never trust advice or links received in DMs.

Beta access, giveaways, and promotions are not given out via DM. Scams are designed to trick you into installing malicious software to gain access to your wallet or to convince you to enter your seed phrase into a website. Never give your private key (12 to 24-word seed phrase) to anyone.

Support is not provided via DMs
Support is handled publicly, or in threads within the Illuvium Discord. People offering support via DM are scammers.

Please follow the instructions pinned in #report-scammers to report bad actors so we can remove them from the server.

[queen garden]

Hi guys. is there a way to find out how much ilv and eth are in 1 slp?

[gloomy gazelle]

Yes. something like Zerion or zapper.fi has that info.

[worthy lark]

Token Address

ILV: 0x767fe9edc9e0df98e07454847909b5e959d7ca0e
ETH/ILV SLP: 0x6a091a3406e0073c3cd6340122143009adac0eda
sILV2: 0x7E77dCb127F99ECe88230a64Db8d595F31F1b068

[queen garden]

thank you 🙂

[jolly rain]

Guys if I unstake And and sell right now I get this exact value of $ ?

1 slp right now = 593$ ?

[hot lynx]

The ILV % rate went up this week. Is that separate to the decreasing SLP % decline evey 2 weeks

These days I am putting more into the ILV only pool so I notice it

Rather than the SLP pool

Basic question for an OG I know

@cunning perch

[pulsar basalt]

What happened to sushi rewards?

[hot lynx]

Bear markets so quiet vs the bull days , massive difference in the chat

Good luck to the ones that hold strong 💪

[hot lynx]

Yes

[regal marten]

The sushi rewards are going to whoever is holding the SLP tokens I believe. So in this case, they are going to the illuvium staking contract, which is held by illuvium itself.

[cyan rampart]

There's only Sushi rewards if you're farming with Sushi. Just like Illuvium has a staking pool, Sushi essentially has the same. Tokens staked in Illuvium's staking pools don't get Sushi rewards.

That's separate from LP fees, which go back into the liquidity pool.

[regal marten]

Yes, those are 2 separate things. The % rate went up, because the amount of staked SLP tokens went down. The decrease is happening once every 2 weeks at a specific time.

[regal marten]

Technically, we are all still farming with Sushi 🙂 We're just locking up our tokens in the illuvium staking contract. apy dot vision is a nice tool where you can see LP fees, but I warn you, it's disappointing to see 😬 A good thing we get staking rewards!

[hot lynx]

What does staked SLP have to do with the ILV only pool rate

2 pools I am only talking about the ILV only pool

[cyan rampart]

Sushi's "Farms" are separate from providing liquidity through Sushiswap - LP fees are separate from $SUSHI token rewards.

[hot lynx]

Hi @cyan rampart long time no chats mate 👍 hope your well

[regal marten]

My bad, misread you there..

[cyan rampart]

The APR for the ILV only pool can go up when ILV tokens get unstaked. Rewards are distributive, and the APR is calculated based on a fixed number distributed to between ILV deposits.

[regal marten]

I just realise "farm" has become a loaded term 🙂

[hot lynx]

So the ILV only pool in 12 mths time can drop to 1% ? Or

[cyan rampart]

Yeah lol, it's annoying that they called their staking program "farms". TBH I haven't engaged with it much, and I think there's KYC to even look at it now (probably because of stuff going on in the US)

[hot lynx]

Hope RevDis kicks in at the 12mths mark

[cyan rampart]

The APR from yield rewards will be 0% in 12 months, yield will be over at that point (end of June 2024). It'll just be revdis at that point.

[hot lynx]

That's what I thought, I am just making sure I am on the 2x for RevDis as that occurs

[regal marten]

Are we expecting at least some revdis this year, with the reduction of the safety pool?

[hot lynx]

Worse case we could be getting 0% on the end of the lock and no RevDis as it might be later idk

[regal marten]

Fine with me, in it for the long haul!

[cyan rampart]

But yeah, to elaborate on your question, there are, for example, 20233 ILV being distributed this epoch. 80% go to SLP pool, 20% go to ILV only pool. Within those pools, rewards are distributed by staking weight and deposit size.

The APR in the ILV pool can go up when the number of ILV staked decreases. The APR in the SLP pool can actually go up when ILV's price goes up, and also if the number of staked SLP decreases.

But generally, if things remain static, you can expect both to go down over time.

[cyan rampart]

If we're talking Calendar year, it's possible. Depends on Wave 2's performance and how late into Q4 Open Beta launches.

[hot lynx]

2025 +

Is my plan and never need to sell hopefully

[regal marten]

Yep, same here... had to engage in some forced selling (taxes) but hoping to buy some back in the next few months to compensate!

[hot lynx]

#💰〕token price seems so low it's great for stacking and #🥩〕staking

[deep trench]

During vesting and after vesting - if not withdraw, my ILV is staked in the ILV-pool right?

Also, is there an instruction/video how to withdraw SLP? From memory it was quite tricky to stake?

[deep trench]

Ah, now I see in the pinned messages - the answer to my second question. Sorry!

[candid kettle]

yes, still yielding and eligible for revdis

[hot lynx]

Is there a back up plan if locked staking gets to 0% retums and RevDis is not released 🤔

[gloomy gazelle]

There are multiple contingencies that could be implemented. But nothing has been officially proposed yet.

But if revdis is not released by July 2025 then illuvium may be dead anyways.

[hot lynx]

Dead

Ok on to more promising ideas 💡
How is the staking correction going 🤔 can we get an update on wen 🐦

Eventually they will correct it and send the tokens out as it will show up in the dual audits. So Np it's safe

[regal marten]

Updates from Nick on staking!

Curious about the analytics improvements 🙂

Was watching @still saddle 's latest video, good stuff!

[still saddle]

https://tenor.com/view/ted-lasso-thank-you-appreciate-appreciate-you-gif-26374881

[small island]

What is the known issue ?

[regal marten]

There’s a small amount of ilv rewards that was not distributed but should have been. You’ll be able to collect those on the next staking app update.

[hot lynx]

72% vs 100% in some cases idk exactly

[opal furnace]

A massive difference for those who have big bags staked

[spare light]

Define big bag

[gloomy gazelle]

There are 12 wallets with over 1,000 eth/ILV SLP tokens staked. And there are 12 wallets with over 20,000 ILV staked. There is definitely some crossover between those two lists. For more info you should check out Xastor’s staking dune page that is pinned in here.

https://tenor.com/view/the-big-one-nicolas-cage-history-of-swear-words-the-huge-one-that-large-one-gif-19885080

[hot lynx]

I wonder at what point the 1000 ETH people will stop doing SLP. just go with a fat ILV only pool and do something else with there ETH?
I guess wen it gets to the same rate as Liq ETH staking they will pull out and swap idk

[regal marten]

We're talking about approximately 150k ilv (the entire staking program distributes 3mln ilv) so it's pretty minimal in the grand scheme of things.

[hot lynx]

https://twitter.com/Lelahel28890172/status/1672210516629164032?s=20

Is this true?

Lelahel (@Lelahel28890172)

Do you know @illuviumio have an issue since Staking V2. You're getting only 73% of the rewards you're supposed to.

Explaning why the amount of pending reward keeping expanding.

Twitter · Jun 23, 2023, 11:50 AM

150k sounds low, hey I will be glad to get some

[feral junco]

Gm, i am new here i want to invest in the ILV/ETH Pool, i have to buy the Smooth love potion token ? in my MM then connect and then invest?

[hot lynx]

This is illuvium

Smooth love potion is nothing to do with this project

Good luck 👍

[candid kettle]

?lp

[worthy lark]

SLP Pool

To provide liquidity in Illuvium, you will need to follow these steps:

1. Purchase both ILV and ETH.
2. After approving the Sushi contract, stake a 50/50 ratio of ETH and ILV.
3. Receive SLP tokens (you can view these tokens by adding the SLP contract address to your wallet).
4. Use the Illuvium Staking App to stake the SLP tokens and set your lock period.

For official links, refer to the #🔗〕helpful-links

[candid kettle]

It is recommended that you research about impermanent loss before providing liquidity for any token pair

[feral junco]

ok thank you

[hot lynx]

@regal martenI guess the 150 ILV is based on to date rewards vs all rewards ever inc the future idk , hope we get a few

[regal marten]

that's based on ilv claimed (which is not equal to all ilv claimable) compared to the ilv that has been "allegedly" distributed on the staking website.

It's 150k btw 🙂 It should be something for everyone though!

[regal marten]

We're talking about the difference between the green and yellow areas afaik

[hot lynx]

understand its 150k you are talking about I typo'd the k

so if you have 100 ILV staked over the past year , you think its an extra 1 missing ? or something else

idk just interesting ideas as it will all be sorted by the team

[regal marten]

When divided by the current number of stakers, that's about 5 ilv on average per staker.
Do take into account that everyone's part should be dependent on the amount of ilv staked and also the weight, so it's not very representative generally.

[hot lynx]

idk mate just happy to find extra ILV

never enough ILV staked for RevDis for me

I guess it gets back to how much RevDis per ILV and in years 2024 , 2025 per month

[wise raptor]

SALAM

[ionic heron]

That's sounds so little . Is there many stakes?

[opal furnace]

Where can I find my unstaked SLP?

[gloomy gazelle]

#🥩〕staking message

[worthy lark]

Token Address

ILV: 0x767fe9edc9e0df98e07454847909b5e959d7ca0e
ETH/ILV SLP: 0x6a091a3406e0073c3cd6340122143009adac0eda
sILV2: 0x7E77dCb127F99ECe88230a64Db8d595F31F1b068

[opal furnace]

Thanks. Got it sorted

[hot lynx]

🐦

[regal marten]

There are about 26k unique, active stakers at the moment.

[hot lynx]

Holders:
38.45K

good ratio 38k / 26k

[ionic heron]

What the diff between holders and staker?

[gloomy gazelle]

https://staking.illuvium.io/staking

Stakers have staked their tokens in the staking contracts. Holders simply have their ILV tokens in their wallet.

[twilit obsidian]

Any idea when staking will start connecting on Trust Wallet again?

[candid kettle]

The team is working to implement the update on the connection. Please contact support at #❓❓〕support as there may be alternative ways to connect with the Trust Wallet

[twilit obsidian]

They already helped me with an alternative solution. Just curious if Trust wallet will start working again

[candid kettle]

There is no specific date, but the team is aware of this issue

[plain tundra]

can anyone claim vested tokens

[hot lynx]

After the 12mths you can

[gloomy gazelle]

fully Vested tokens should be able to be withdrawn.

[turbid relic]

If tokens aren’t withdrawn after the locked period will they continue to be eligible for revdis?

And do token rewards also yield revdis as well once claimed?

[worn turtle]

Yes they continue with same weight, and if claim rewards in ILV they are staked for a year so yes

[hot lynx]

Hey Rich per token RevDis
What's your guess for 2025
$5 per month per token ?

[pure eagle]

https://tenor.com/view/illuvium-ilv-yield-farming-yield-farm-play2earn-gif-22827303

[hot lynx]

I guess it was a hard question

@worn turtle a guess is good 👍

[worn turtle]

No comment ser lol

I’m not a FA

[hot lynx]

nfa expected or requested

Its raining 🌧️ here in Melbourne Australia 🇦🇺 today

have a great day 😊

[hot lynx]

What's zap with your twitter account btw non #🥩〕staking question

Seems suspended 😕

[worn turtle]

Yeah, someone thought it would be funny to report my account. Even though it didn’t violate twitter rules according to their own statements they won’t reinstate me

Guessing because they just want my username gone

[hot lynx]

We support you

[worn turtle]

50+ repeals denied so far

Gonna try to get to 1000

[hot lynx]

Always liked your style Rich from 3 years ago till now

@worn turtle

[worn turtle]

https://tenor.com/view/the-big-lebowski-jeff-bridges-the-dude-fist-pump-yeah-gif-4456517

[hot lynx]

So so bear these days

[dawn yew]

Hi guys. May I have an assistance for a moment, please?
I'm working on LP on sushi.
I noticed that on "Vesting" at Illuvium Staking Dashboard I see V1 next to LP token symbol. On sushi I see there are two pools v2 and v3.

[gloomy gazelle]

⤵️

[worthy lark]

Token Address

ILV: 0x767fe9edc9e0df98e07454847909b5e959d7ca0e
ETH/ILV SLP: 0x6a091a3406e0073c3cd6340122143009adac0eda
sILV2: 0x7E77dCb127F99ECe88230a64Db8d595F31F1b068

[gloomy gazelle]

That’s the proper contract for the eth/ILV SLP

[dawn yew]

ILV/ETH

[gloomy gazelle]

[gloomy gazelle]

I was using a bot command

[dawn yew]

I'm sorry I'm confued rn. How can I use this info?

[gloomy gazelle]

You input the contract for eth/ILV SLP and that’s the proper pool on sushi.

The v1 on the vesting page is referring to the illuvium staking contract and not the sushi pair.

[dawn yew]

I insert liquidity into right pool back in September 2021. For sure.

Than I relocked Liquidity on September 2022 again. Do you think I need to do any action?

[gloomy gazelle]

No. It keeps earning in the staking contract until withdrawn.

[dawn yew]

Alrgiht, so it seems that I still provide liqudity I guess. and everything is right from my site.

[gloomy gazelle]

You had mentioned multiple pools on sushi. It’s the one with 51m in it not the ones with less than $1000 in it.

[dawn yew]

Ofc, that make sense. I guess I must have that pool token. Also, I wasn't able to figured out how much ETH and ILV is inside my LP token. Do you know any way how to calculated it? I can't click widrwal on Sushi to let me see..

[gloomy gazelle]

You can use a tool like Zerion or zapper.fi that looks at the staking data and can read it. All you do is copy and paste your public 0x address.

[dawn yew]

I will take a look on Zerion, Thanks for all the help. I guess everything is good on my site and I can continue to provide LP.

Amazing! the zerion is killin it!

[gloomy gazelle]

This is what each SLP looks like

[dawn yew]

Where did you find it? Anyway the zerion is calcualting everything into USD. and tokens as well. It's perfect

[hot lynx]

Hope it's V2 staking on the ILV site for ILV as V1 was the broken old one

[limber stirrup]

How come I can’t see my stake on Sushiswap ? Generate sushi tokens from my stake ?

[gloomy gazelle]

If you deposited your SLP tokens to the illuvium protocol to get ILV rewards then you don’t have them staked for sushi. It’s a different protocol.

Checking this may be helpful. #🥩〕staking message

[limber stirrup]

Understood, ty ser

[turbid relic]

Anyone got an idea of how many of the 9m ILV tokens (after SILV2 have been burned) will actually be staked? Based on the assumption that Framework won’t stake, exchanges won’t stake etc etc?

[gloomy gazelle]

I usually assume 7-8m.
But I’m going to do a quick count of tokens on etherscan. https://etherscan.io/token/0x767fe9edc9e0df98e07454847909b5e959d7ca0e#balances

Pretty much all the tokens in the the top 4 wallets #10 are eligibly staked or will be (minus about 1m in game rewards…for now). Plus you can add the unwithdrawn staking rewards as well.

[gloomy gazelle]

There are 7,749,489 ILV on the blockchain (with more in the staking contract). I took that 7,749,489 and subtracted the amount of those that are obviously eligibly staked tokens which left me with 4,122,797. This number includes the ≈1m in game rewards. So there’s currently something close to 5,877,203 ILV eligibly staked for revdis (according to my poor man’s count) and 3,122,797 that are in wallets that technically could be staked, but seems like they won’t be. Seems crazy.

[gloomy gazelle]

I think there must be a way to query the revdis contract to get real-time numbers but it’s apparently beyond me (actually it looks like the three contracts that the revdis contract queries would have to be queried)

https://etherscan.io/address/0xaa2e727ba59b4fea24d0db4e49a392fdc3e8e778#readContract

I summon @lyric needle and assign him a new dune task

https://tenor.com/view/leia-youre-my-only-hope-star-wars-gif-14502241

[regal marten]

I updated most of the staking dashboard to v2 btw, so they will keep updating after the cutoff date of july 31 😅

[turbid relic]

So currently c5.8m tokens staked and another c3.1m tokens that could be staked but aren’t

That will be a nice unexpected additional income for staked token holders when revdis gets going

[gloomy gazelle]

I think so. something like that at least.

[gloomy gazelle]

https://tenor.com/view/i-love-this-guy-this-guy-is-great-its-amazing-its-great-ily-gif-15191832

[hot lynx]

I think the CEX tokens are part of the 3M unstaked
Binance, coinbase +++++

More RevDis for the rest of us

[echo quartz]

hey guys is there any point in claiming Silv right now?

[candid kettle]

SIlV2 does not have a vesting period, so it can be sold at the time of claim. For those in need of liquidity, it can be an option

[echo quartz]

I see, I've been away for a while but if I understood it correctly the final game version is out?

also, if you dont withdraw your staked SLP after the locked period, does it continue to generate rewards or do you need to withdraw and restake it?

[pure eagle]

You don't need to re-stake if you leave your deposit after locked period is over you will continue to generate rewards at the same weight until you withdraw it

[echo quartz]

kk thanks

[plain tundra]

@cunning perch @last hawk @dire salmon
cannot create support ticket

issue with withdraw

[worn turtle]

You can’t create a support ticket?

In #❓❓〕support

[plain tundra]

yes it says email there is no create ticket button

i just now emailed support @worn turtle i dont see create ticket button

[gloomy gazelle]

That is correct. There is no ticket system on this discord. Illuvium uses an actual webpage to handle customer service. The link is in the #❓❓〕support channel

[quaint totem]

Can you stake with a ledger?

[misty karma]

yes

[cunning perch]

Just to clarify, can stake using a Ledger with a DeFi wallet, not in Ledger Live 🙂

[quick surge]

Hey, do rewards from staking v1 accumulate staking rewards? Will unstaking rewards affect my yield?

[cunning perch]

Whatever is staked will get yield until withdrawn. YOu should however upgrade to V2 if you want the rewards to keep accumulating.

[hot lynx]

V2

[cosmic sinew]

team if Im withdrawing SLP - do I use Uniswap to spit the ETH and ILV? Also how is the value of SLP determined

[south fable]

You should use sushiswap

[candid kettle]

The value is calculated by summing the total liquidity in the pool and dividing it by the number of LP tokens issued. You can check the price of a liquid token by taking its contract address and searching for it on a website like zerion.io, for example.

The contract of the SLP token can be found at #🔗〕helpful-links

[obsidian lava]

hey, I have a problem connecting my Crypto.com Defi wallet to illuvium Staking with ''Wallet Connect'' i been staked for a very long time and i thought id check in on it. whenever I try to scan the QR code with my Crypto.com Defi wallet. it fails to connect. Any Idea what im doing wrong?

[magic plover]

is there a new version of the spreadsheet so I can estimate if it's worth claiming yet?

[gloomy gazelle]

I doubt it. Which post has the old one you’ve seen before?

[gloomy gazelle]

I’m afraid it’s a Wallet Connect issue. But you should contact #❓❓〕support directly on the site linked in that channel to know for sure.

[obsidian lava]

Okay thank you

[magic plover]

#🥩〕staking message

[worn turtle]

You may need to change the setting in metamask not to use Ledger Live, also if you hook up to ledger live make sure your firmware is up to date. And if you just updated it will automatically turn off blind signing

[cunning perch]

There is a blue writing that says "go to full screen...". Click on it and then it, it will take you to the MM full screen page and then will reconnect your Ledger

[formal apex]

Hello @worn turtle i am trying to claim my ilv and it said i need to do two transactions i did the first one and my internet went off and had to restart, it seems it asking me to do the same one again or am i mistaken

[candid kettle]

Send a ticket to support at #❓❓〕support so that they can assist you further

[formal apex]

Alright thanks

[formal apex]

Sent when reply!

[fresh plank]

Hi. Question for everyone. My 12 months lock period is done. What happens if i don't withdraw my ILV and the rewards? Will it still continue to earn?

[worn turtle]

Yup you continue with your same weight

[gloomy gazelle]

Staking v3 huh

[formal apex]

Hello

[gloomy gazelle]

Hey

[magic plover]

so they timed staking v3 to launch when non-revdis staking rewards are complete right

[gloomy gazelle]

Looks like it. That has always been the earliest possibility for v3.

[carmine agate]

did we fix the staking reward issue?

[gloomy gazelle]

DMs are scams. No one legit will dm you regarding staking.

[worthy lark]

DMs are scams

Mods and Team members will never DM you.
Never trust advice or links received in DMs.

Beta access, giveaways, and promotions are not given out via DM. Scams are designed to trick you into installing malicious software to gain access to your wallet or to convince you to enter your seed phrase into a website. Never give your private key (12 to 24-word seed phrase) to anyone.

Support is not provided via DMs
Support is handled publicly, or in threads within the Illuvium Discord. People offering support via DM are scammers.

Please follow the instructions pinned in #report-scammers to report bad actors so we can remove them from the server.

[torn arch]

hi, I have the same problem. You have been able to log in since?

[ancient eagle]

Do we have any details on what staking v3 actually includes?

[cunning perch]

V3 is mostly about moving the Stakeing to Layer 2 to get cheaper gas.

[rough plover]

Hi there, i got a question: Will it je possible to un-stake everything at once to not pay multiple un-stacking transaction fees?

[bright heart]

Yes, you can unstake all vested stakes in 1 tx.

[errant pewter]

Thx

[fresh plank]

Thanks for responding

[gloomy gazelle]

Yes and no. There are technically two staking contracts and each one of those would require a separate transaction (ILV only and eth/ILV). There’s also the old v1 contracts, which might require an additional transaction or two. But it is certainly possible to withdraw multiple deposits and/or multiple fully vested rewards.

[obsidian lava]

I just tried last night before sleep. I still have the problem

[quasi tinsel]

If I did a 1 month Stake that is now unlocked and want to do a longer Stake, do I need to withdraw it first and then re-stake?

[candid kettle]

Yes, it's not possible to extend an existing stake; you must re-stake it

[chilly abyss]

@gusty falcon ask here

[gusty falcon]

Hey guys, how do I transfer my ILV v1 stake to v2?

[worthy lark]

DMs are scams

Mods and Team members will never DM you.
Never trust advice or links received in DMs.

Beta access, giveaways, and promotions are not given out via DM. Scams are designed to trick you into installing malicious software to gain access to your wallet or to convince you to enter your seed phrase into a website. Never give your private key (12 to 24-word seed phrase) to anyone.

Support is not provided via DMs

Support is handled publicly, or in threads within the Illuvium Discord. People offering support via DM are scammers.

Please follow the instructions pinned in #report-scammers to report bad actors so we can remove them from the server.

[candid kettle]

https://www.youtube.com/watch?v=rF4jmTGgNdY&ab_channel=Illuvium

[sweet shale]

Hello, not possible to connect to the website via Wallet Connect, it is not up to date it is V1 instead of V2

Also not possible to connect with Ledger Hardware....

[worn turtle]

You can connect ledger through MetaMask integration

and wallet connect is right there

[worn turtle]

Ah you said from v1 to v2

I'll bring this up internally

[sweet shale]

Thanks

[silent arrow]

do we have any news about the fix for the reward calculation error ?
is it fixed, do we know if it will be a claim button, if it will be auto ? do we know if we will receive ilv, if yes from where, because that would totaly impact the release timing, or are we getting silv2 as compensation ?
any info ?

[worn turtle]

We will have news on it by next week with all the details included. Council being informed this week to make sure everyone is happy.

[silent arrow]

Thx @worn turtle ❤️

[undone crest]

Hi there,
I'd like to stake some ILV, however I've got incertitude about a thing:
My tokens are on Binance, can i send them via the bnb smart chain to Metamask or must i pass via eth?

[worn turtle]

Staking is on ETH

[candid kettle]

The staking contract only exists on the ETH network; it is not possible to stake through another chain. It is recommended to use Metamask for stake

[undone crest]

Ok got it, thx 🙂

[sour bay]

We’re can u find the contact address an what chain it’s on

[candid kettle]

#🥩〕staking message and #🔗〕helpful-links

ETH mainnet

[silent arrow]

Where can I found the page detailing how revdis works (with number), I looked in faq, usefully links, and here in the pins, couldn t find it.

I am interested on the base calculation, and also if the token weight of our stake is taken into account for revdis or not

[ember ginkgo]

Yes

[brisk surge]

staking is awesome, steaking too, but that's a bit off topic.

[rough plover]

Seems like it stop me from doing more than 1 by 1 even for the same type of tx... i'll try again when i have time to see if i can get it all

[hot lynx]

Great news Rich

[rugged juniper]

there is any advantage on staking on illuvium vs sushi since sushi APR is higher and doesn't have a 1 year lock?

[cunning perch]

When you provide liquidity to Sushi, you get to lock the SLP on ILV LP and you can do it for a year. You get higher APY since there is impermanent loss so the higher rewards would compensate your loss to an extent. The ILV pool is safer, hence the lower APY.

[gloomy gazelle]

APR is currently super high on sushi’s protocol due to abnormally high volume. Those are rewards from sushi distributed as $SUSHI

It is a very interesting moment though. 50% APR as ongoing incentive for liquidity providers that uses none of the DAO’s ILV is interesting.

[brisk surge]

Can anyone help me import the SLP token into metamask? I thought I had it but I have Smooth Love Potion instead. I want to delete Smooth Love Potion and add the liquidity pool pair SLP

[silent arrow]

You re going to receive dms after that question, they are all scam 😉

[worthy lark]

DMs are scams

Mods and Team members will never DM you.
Never trust advice or links received in DMs.

Beta access, giveaways, and promotions are not given out via DM. Scams are designed to trick you into installing malicious software to gain access to your wallet or to convince you to enter your seed phrase into a website. Never give your private key (12 to 24-word seed phrase) to anyone.

Support is not provided via DMs

Support is handled publicly, or in threads within the Illuvium Discord. People offering support via DM are scammers.

Please follow the instructions pinned in #report-scammers to report bad actors so we can remove them from the server.

[brisk surge]

Thanks for the heads up, I appreciate it. Just to clarify I believe I need to import a custom token into metamask, so just need the Token Contract Address, Token Symbol, and Token Decimal for SLP (not Smooth Love Potion)

[silent arrow]

The contracts adresses are all in #🔗〕helpful-links

If I remember correctly, when you add it, it auto fill the token symbol and decimal

[brisk surge]

Thanks, I just tried to add the address for SLP. It says token already added. So I added the correct Token Contract Adress previously but on metamask -> tokens it reads as Smooth Love Potion, anyone else have this problem?

[silent arrow]

In my metamask I have both SLP and SLP for smooth love potion, I can see both 🤔

Are you in the right network (eth) ?

[brisk surge]

Yes, under tokens I have Ethereum, Illuvium, SILV2, and SLP (with the token address from helpful links, but the name reads Smooth Love Potion for some reason). I guess if it's the right address I shouldn't worry about it? All my SLP are currently staked so I can't test to see if it reads the number correctly

[silent arrow]

I agree if it s the right adress it s probably MM being weird but probably no consequences

[hot lynx]

🐦💡

[hot lynx]

Ping the staking channel thx Rich

[scenic egret]

I have a question Im hoping someone can answer for me as I am not 100% sure on this. I staked some ilv/eth back in 2021 and have staked many more since then. I have never pulled any of this out after its vesting period and I staked it at the max of 12 months for the maximum weight of 2. After my 12 months has ended if I left this vesting do I still get the rewards at that weight or does the rewards end after the 12 month period?

[cyan rampart]

Rewards continue, you do not need to restake

Same weight you originally staked at

[scenic egret]

Thanks!

[brisk surge]

Game is p2e?

[bright heart]

Which game and what's your idea of p2e?

[burnt wasp]

Trying to stake more ILV, any idea why it's bugging out? I don't even get to attempt to sign/edit gas or anything in metamask, it bugs out soon as I press the stake button

[civic igloo]

Looks to me that you need to allow the contract to spend your token.

[burnt wasp]

How do I do that? Could it be a max limit that I have set previously via metamask?

[burnt wasp]

Yeah I previously did a cap of X, how do i increase it?

[civic igloo]

Yeah. This is probably that limit. I had to edit the limit a long time ago but I don't remember how. The mods probably know and should be able to tell you how.

[burnt wasp]

Cool fixed it. Had to revoke ILV related stuff on etherscan

[burnt hill]

Do we get more revdis if we are in SLP compared to revdis on single staking ?

i'm considering removing my SLP, will i lose my revdis weight on the ILV tokens that are on the single staking pool, those ilv tokens were generated from the SLP and are on the vesting process and some of them are already available to claim

[brisk surge]

For your SLP stake, you get RevDivs based on the amount of ILV only. So if you had equal $usd amounts in both ILV and SLP pools you would get more RevDivs from the ILV pool since there would be more ILV tokens in it. Hope this makes sense.

[brisk surge]

If you remove your SLP stake, it will not affect the tokens you have staked in the ILV only pool, those would still continue to receive RevDivs (once we start getting RevDivs). If you claim them and remove them from staking, you will no longer receive RevDivs for those tokens.

[gloomy gazelle]

It sounds like you have technically already claimed your pending rewards. Once tokens finish vesting and unlock they can either be withdrawn or you can leave them so they keep earning. Each line item in your vesting page works separately from every other line item in your vesting page. They do not impact each other.

[pale walrus]

What happens with SLP when emissions end? is it going to be a race to buy ILV?

[pale trellis]

You can earn revdis via the ILV amount if you remain staked in the SLP pool. Which is only half the value it could be earning.

You could stake in the sushi pool for sushi rewards though not get revdis though be unlocked.

You could also remove it from the SLP pool, swap the ETH to ILV and stake again. I assume many will do this because they already consider the SLP value to be an Illuvium investment.

Maybe a race to swap before games come out. I’ve already swapped all mine to the ILV pool.

[cyan rampart]

This has been a discussion point for quite a while, and is something the Strategy SC is tasked with looking at this epoch. In the absence of any changes, it's likely something similar to what you've mentioned, though I don't believe it will be a race as much as a trickle as we approach the end of yield. That's just my opinion though.

[sage turret]

sry, but after i got my skp tokens back, how can i split them up into ilv and eth again? cant seem to find it 😦

[last hawk]

check the pin post

[sage turret]

thx

[charred jasper]

what will change with staking v3?

[ember ginkgo]

It should be on L2 so no gas fees to claim

[gloomy gazelle]

Had you seen the APR for eth/ILV on sushi protocol a few days ago? It was close to 50% with less than $4m daily volume.

[cyan rampart]

I haven't seen much in the last few days tbh, that's super high though!

[gloomy gazelle]

I probably should have checked to see how much was staked and earning at that APR. On further inspection it seems likely to be very little. Which is why the APR would have been so high.

Just checked. Yeah. Probably Only around $100,000 worth was/is staked in the $sushi masterchef protocol for eth/ILV.

[deep pecan]

Hi guys just a quick question is it best to leave tokens in slp pool or transfer them ove rto the ilv pool only ?

[ember ginkgo]

safety pool has to get filled first

3.1 / 5 mill

[deep pecan]

ty mate can i get any details on safety pool etc

you already answered lol, so there 3.1 mill in there now and it needs to be 5 mill then above that they will pay out in resdiv ? hopefully ive understood correctly

[ember ginkgo]

You learn fast 😉

[deep pecan]

ty mate i dont dip into the staking side much as its pretty much been a set and forget for me. Looks like i will have get my rewards claimed and restaked. Will it be better to just stake in the ilv only pool or back in the Slp pool ?

[ember ginkgo]

That's up to you 😉

[deep pecan]

lol 🙂 which would you do ?

[gloomy gazelle]

?claim

[worthy lark]

Claiming Rewards

When you stake ILV in yield farming, rewards will start accumulating for you. However, you'll need to manually claim these rewards and pay for the GAS fees of these transactions.

You can choose to claim the rewards whenever the pile is big enough to justify the gas fees. If you claim sILV2, it will be unlocked right away and can be used in-game as a substitute currency for ETH outside the marketplace and the Leviathan Arena. If you claim ILV, that batch of ILV will be locked for 12 months and automatically staked in the ILV pool with a token weight of 2.0 for compounding effects. And the process starts over again with new rewards accumulating.

Please note that ILV paid out as part of Illuvium’s Revenue Distribution must also be claimed, but they are not subject to a locking period.

[gloomy gazelle]

If you have yet to claim PENDING rewards then ILV is the real option (sILV2 does not sound like what you want, but maybe it is).
UNLOCKED tokens (both deposits and rewards) keep earning until withdrawn. No need to restake.

[deep pecan]

Hi mate ILV is defo the way i want to go, but not sure if its better to put back in the SLP pool or the straight ILV pool. For me the staking is very long term

I first staked in July 21 🙂

[hot lynx]

Me too I started early 2021

[gloomy gazelle]

So you could possibly withdraw fully vested and unlocked ILV rewards. With those you could provide more eth/ILV liquidity and stake in the SLP pool. But otherwise you’ve just got ILV.

[plain stratus]

Is there a vesting period for when I unstake the SLP or ILV I originally staked? I know there is a lockup period that determines roi but once that is up can I immediately take out and sell my tokens?

[cyan rampart]

The lock period applies to your original deposit. When the lock period finishes, you can withdraw that original deposit and do whatever you want with it.

The vesting period applies to staking rewards which are claimed as ILV. The vesting period is always 12 months, and starts when rewards are claimed.

[weak hawk]

if i stake in the ilv/eth pool with slp do i also get rewards on sushiswap ?

[hot lynx]

Any update on the staking correction

[ember ginkgo]

Don't think so, maybe we can ask Aaron tomorrow in Town Hall

[hot lynx]

Ye just tell everyone what it means to us
And do the correction when you want to state
Agree 👍

[brisk surge]

Hey guys I want to verify asset to get the staker role but I'm scared to connect up my wallet. If I just follow the prompt in verify asset will my wallet / assets still be secure? Can anyone can explain what will happen and if the security of my wallet and assets will be compromised? I appreciate the reassurance, idk why I'm so sketched out to do it

[cunning perch]

you mean #🎫〕verify-asset ? It's read-only 🙂 so as long as you are not paying any gas, it is fine. It is just to read your wallet but won't have access to it.

[gloomy gazelle]

You do not get the $sushi rewards for staking in the sushi masterchef protocol. Your SLP tokens do accrue the rest of the trading fees within the SLP token value though.

[gloomy gazelle]

Real question. I just read something that reminded me of the thought I’d had recently wondering (here’s the question)…

Is it time to reconsider offering Flash Pools?

[cyan rampart]

The reason they stopped was because large portions of participants were coming out behind by participating, while a few whales were taking the lions share of rewards allocated.

Could be interesting using a different structure though.

[gloomy gazelle]

Whales will whale. But gas is lower and without the bull fever in people’s bodies perhaps those that remain will have their minds prepared to do some math before diving in.

But a different structure would likely be the best option

[hazy token]

If a lot people start exiting the SLP earlyish, do the rewards build for those who stay? I stil think the APY is high enough to be worth staying in for myself

[sterile jasper]

Yoink and sizzleflame 🔥 for staking.

[hoary marten]

Does the weight of 2 for staking has any influence on future revdis? Or can I unstake my slp and restake full ILV until end of year (weight ~1.5) without impact on my revdis?

[candid kettle]

The weight of the stake lasts until the unstake is performed, and you can unstake and restake with a new weight without any issues once the vesting period is over

[hoary marten]

Thanks, what I meant is if I got 100ILV weight 2 so locked for a year, do I get more revdis than if my 100 ILV are weighted 1.5 or 6 months?

[candid kettle]

The weight directly affects the revdis, for instance, a person with a weight of 2 receives twice the revdis compared to someone with a weight of 1

[hoary marten]

Ah OK, I thought it was only impacting the staking yield

[candid kettle]

It also impacts the yield, but the most relevant aspect in the long run is the revdis, since the yield will end in 2024 with the total minting of ILVs

[hoary marten]

It just seems weird because when people are projecting future revdis we say 1$/ILV/month for example I don't see how the weighting has an influence if I possess 500ILV staked I should get 500/(X million staked) as % of revenue, whatever the weight 🤔

[candid kettle]

People usually overlook this factor, and typically, a weight of 1 is used for simulations, as determining the weights for all stakes would be quite complicated

[hoary marten]

I see, thanks for the answer!
So it's quite hard to evaluate if it's better to transform my SLP into full ILV for revdis if I'm not willing to stake to the full weight again...

e.g 10 SLP weight 2 = 66.9 ILV from which you get revdis VS restake full 133.8 ILV (weight 1) would give the same revdis in the end?

if you add on top of that the difference in % yield it makes more sense to stay in SLP until the end of staking in 2024 if my calculation above is correct

[candid kettle]

There's no definitive answer to what is more worthwhile; it's relative. If you intend to prioritize revdis over the long term, it makes more sense to create a new stake with a higher weight. However, if you plan to keep your funds staked for a shorter period to have more liquidity, leaving them in the SLP with the current weight after the vesting period might be more appealing (considering the IL risk as well). In the end, it depends on each individual's strategy.

[brisk surge]

This is something I'm debating as well. I believe if a lot of money leaves SLP pool early then the yield rewards go up a bit for those who stay. I was originally planning on leaving my SLP until the end of yield farming but I'm wondering if there's a point before then where the impermanent loss is not worth the yield. IDK where that number is. Once yield is lower than impermanent loss I expect a ton of people to pull out, but idk how to calculate impermanent loss vs yield (I'm noob/dumb).

[gloomy gazelle]

Here’s an impermanent loss tool. #🥩〕staking message

Or maybe I mean this one #🥩〕staking message

[brisk surge]

Thanks Mr. Pelican 👍

[gloomy gazelle]

Sushi used to have an analytics tool that let you see what your actual impermanent loss was based on when you provided the liquidity. #🥩〕staking message
But I think they cut that feature. Maybe something like apy.vision has that. Can’t remember where to find that now.

[hot lynx]

It was a whale event everytime
agree didn't work

[boreal pier]

I just withdrew

my rewards and restaked for 12 months baby!!!!! LFG

[cunning perch]

You didn't have to restake the rewards though. If still staked (not withdrawn) rewards are already receiving 2X rewards, whether locked/unlocked. Unless you ofc withdraw and intentionally want to lock them for 12 months, which you did here

[hazy token]

Is there a way to see SLP pool quantity total over time?

[bright heart]

On the Overview tab.

[hazy token]

Ah yeah, great thanks!

Ok, for all the talk of people heading into ILV-only, it isn't really tailing off yet

[bright heart]

There is still like 10 months of yield left. SLP is overperforming there.

Maybe we'll see a split once we have revdis up and running. The safety pool still needs a couple of mil to fill up. The launch date is only on the roadmap.

Also this graph is in USD value. If you think how much the token has fallen, it should be going up in token amounts.

[boreal pier]

no I didn't withdraw my staked amount, i was referring to withdrawing my rewards into the 12 months pool, was just trying to make it sound suspenseful lol

[cunning perch]

You mean claiming your rewards? Cuz Withdrawal and claiming are two different words with two different meanings 🙂

[boreal pier]

yes, sorry claim...if you can't tell I haven't done this much tee hee

[cunning perch]

No worries 🙂

[candid kettle]

Can you submit a ticket to #❓❓〕support - The support team will sort you out.
The general purpose fix for this problem is to claim rewards (only rewards, through the Rewards tab) as ILV. It has to be a rewards claim as ILV, even if there's like, almost no rewards pending.

[raven aurora]

thx

[hot lynx]

Hi @cunning perch any details on the staking pool error fix

[ember ginkgo]

#💬〕general message

[hot lynx]

https://tenor.com/view/wedding-crasher-hro-gif-25636997

Sooon but no clue what

[regal marten]

Here's to everything all at once! 🍻

[serene lava]

@bright heart can you look at your DMs please.

[hot lynx]

V2 staking into V3 staking on the roadmap for 2024. Can we move locked V2 into V3 ?

What are the impacts to consider 🤔 as locking now for 12 months may overlap that staking window change

[burnt wasp]

I wouldn't overthink it, but probably yes. We could upgrade V1 to V2. V3 should be on IMX so it just means less fees when staking/claiming.

[hot lynx]

No over thinking just a question as it will be RevDis time

Thx I have been on V1 and V2
Looks like we both joined ILV in August 2021

[brisk surge]

If I'm in the SLP pool, sushiswap won't recognize me until I unstake from the Illuvium dashboard and have the SLP tokens in my metamask wallet, is that correct?

Cause if I go to sushiswap right now it shows me as being involved in 0 pools / shows no assets, even though I'm in SLP pool on Illuvium

[worldly monolith]

Correct

[brisk surge]

Thank you 🙏 I was stressed there for a second.

[worldly monolith]

No worries - I have been moving some things around so it’s fresh in my mind.

[brisk surge]

It's been a while since I first did SLP staking, so I'm rusty on removing it and getting my tokens back. Just wanted to make sure I'll be able to do it successfully. So if I just withdraw the SLP from vesting then, with the SLP tokens in my metamask, I follow the directions in the pinned message and I'll get ILV and ETH back correct?

[worldly monolith]

I followed the pinned msg and it went smoothly 😁 so you should be good 👍

[brisk surge]

👍 Thanks again, appreciate it

[serene lava]

When you unstake you get the same amount of both $ILV and $ETH that you staked in right?

[brisk surge]

Nope, they will be different values of ILV/ETH as time goes on. The pool is constantly rebalancing so that's the risk of impermanent loss. If you google " ilv eth slp pool" click on the Zerion link and that will show you what the values are for 1 SLP. Right now its 6.264 ILV and 0.181 ETH per SLP. But just a couple days ago it was ~6.55ILV and 0.176ETH per SLP. So it's constantly changing a little bit

[worldly monolith]

When you unstake you get the exact amount of SLP tokens you staked. The even $ split to ETH/ILV comes when you withdraw the SLP from the Sushi pool.

[spice schooner]

Good Afternoon Staking Brains Trust.

When you stake your SLP tokens in the Illuvium SLP Liquidity Pool, what happens to the Sushi tokens that we would have received had we just left the liquidity in the Sushi Pool? Do the team get those or should we receive those also?

[hot lynx]

Great question

[gloomy gazelle]

Only SLP tokens that are staked in the sushi masterchef protocol receive those sushi token rewards. So right now there’s only a handful of people staked there. The team does not stake our deposits there. Our deposited tokens are not actually accessible to the team.

The DAO was the very first liquidity provider. And they did stake those initial SLP tokens in the masterchef protocol. But that liquidity has since been removed, to extend runway. I believe that The DAO still holds $sushi tokens that it had earned.

It is there. But It looks like it’s probably not on the burn report this time though (there’s a small chance it’s buried in other receivables for some reason).

[spice schooner]

Thanks

[spice schooner]

So this is just the regular ILV/ETH pool on Sushi, not masterchef:

This is where most people would add liquidity. The rewards from this pool, if you don't stake your SLP tokens in the ILV Pool, these get paid out in regular Sushi yes?

So there should be trading fees earnt from providing liquidity on Sushi + the ILV incentives received from the ILV Liquidity Pool.

Do we see those trading fees once we un-stake the SLP from the ILV pool? Has someone checked this as they are removing liquidity?

[eternal portal]

when staking ilv does the staking pool weight affect the Revenue Distribution amount too or just the staking rewards?

[dense geode]

Yes also rev dis

[serene lava]

So. You stake $10k 50%ETH 50%ILV and you get a X amount $SLP.

On the way out I take that X amount of SLP and exchange it back to 50%$ETH and 50%$ILV what ever that is for 10k at current prices?

[dense geode]

Yes the weight of both tokens will adjust to either one to balance value back to 50/50

[eternal portal]

thanks for clearing that up. so higher weight means i'll get more revdis

[dense geode]

Yep, np

[ancient eagle]

I unstaked and withdrew 51slp a few days ago. No fees paid. I actually was expectimg some but it was all zero. I was also staked in the sushi pool from day 1 of v1. I didnt really care to follow up because if it said zero, clearly not eligible based on how the liquidity pool was created.

[spice schooner]

That's why I thought the team got the fees and we got the ILV, because it was always zero when I removed liquidity.

So why does Sushi advertise an APR on the pool?

[ancient eagle]

Yeah not sure, maybe someone knows? If eligible id be in for some hefty rewards!

[spice schooner]

I think we need to understand how fees are distributed in a standard liquidity pool. Based on Pelican's explanation, which I found really confusing, he insinuated it was the way the pool was setup by the DAO which controlled how the trading fees were distributed?

Can you re-read the above explanation and see if it makes sense to you, maybe I'm being daft.

I always thought fee distribution on liquidity pools were baked into the code and the liquidity providers got the fees regardless.

[ancient eagle]

Yeah still not sure. We clearly havent staked via masterchef when providing liquidity and receiving SLP as i didnt receive any Sushi when i removed it. We probably need to determine the difference between our stakes and a masterchef one.

[spice schooner]

I'll raise a support ticket with Sushi to understand why the pool is advertising an APR and where it's going when we stake our SLP tokens.

[icy ginkgo]

hello, need some help.. i invested around 400€ in ILV bit more than a year ago, how do i take that money back ?

[candid kettle]

Did you stake ILV? If you haven't staked, you can simply swap your ILV for the desired currency through a DEX or CEX

[icy ginkgo]

I am absolutely sure i staked ILV, and the 12 month period passed by, yet the vesting page is blank...

[candid kettle]

Please check if you are connected with the same wallet you used to purchase the tokens and ensure that there is no other active wallet extension in your browser simultaneously.

[icy ginkgo]

the wallet was not the correct one as you mentioned, i have the right one now, but still see nothing on the vesting page... i want to believe the problem still might have something to do with this thou

[candid kettle]

Submit a support ticket to the support team at #❓❓〕support so that they can assist you better. Due to the weekend, it might take a bit longer, but they will get in touch as soon as possible

[icy ginkgo]

yeah, i've done that, ty

[spice schooner]

Response from Sushi support:

In v2 positions your earned fees from swaps are autocompounded into your position unlike the v3 pools where you need to manually collect them. It might be hard to perceive with impermanent losses and with how big/diluted the pool is with liquidity. A tool like apy (dot) vision should help break it down for you.

Mystery solved 👍

[gloomy gazelle]

That’s where everyone adds their liquidity. To stake for $sushi rewards you would then stake it in sushi’s staking protocol. Called masterchef.

[gloomy gazelle]

The majority of the trading fees simply accumulate in the liquidity pool (not the small percentage used to fund the masterchef staking pool). So basically everyone holding SLP is gaining a little bit of the fees. It’s contained in the SLP value.

[gloomy gazelle]

Yeah the DAO provided the same liquidity we did. They just did it first. The DAO created the liquidity pool. When anyone provides eth/ILV liquidity they get Sushi Liquidity Provider tokens (slp). What happens next depends on what you do with those SLP tokens. You could simply hold them in your wallet, stake them for ILV, stake them for $sushi in what is called masterchef, send them to a burn address if you did not like money, or you could maybe even stake them somewhere else if that was available.

[bitter niche]

Hi - I’m getting an error code that says gas can’t be estimated when I attempt to stake my ILV

[bitter niche]

?

[gloomy gazelle]

Try clearing your browser cache. If that does not work then contact #❓❓〕support on the website linked for bugs.

[hot lynx]

[knotty heron]

We are 90% of the way through staking rewards, its been a good run lads, 10% left to farm, then we all graduate to revdis

[hot lynx]

Will it over lap and we get both

[gloomy gazelle]

It did. It can. It might. It should.

[hot lynx]

LFG

[hoary marten]

Any news on the staking reward issue? We were supposed to have news this week 👀
Would be nice to be able to claim some extra sILV2 for wave 2!

[ember ginkgo]

#💬〕general message

[hot lynx]

I need to claim me old v1 hacked acc + my new v1 + v2

fast on the old hacked one as always its a race

[dense geode]

Guys anyone has any experience with this, i've moved my stake to a ledger wallet, everything worked but i cannot see my daily yields anymore, they all stick to 0.
The pending rewards tho, keeps going like normal.

[last hawk]

did you try to log out and log back in again?

[dense geode]

Ye, like this swap has been done months ago, just didnt look at it and was hoping it would fix itself, but it has never

[pure eagle]

Check in etherscan that all was staked and done correctly (it probably is).

Now try clearing cookies and cache from browser if that doesn't work revoke all access from your MM ledger to illuvium staking and sign them back again.

[dense geode]

tried it, clearing all cookies and cache from chrome, didnt work, then removed ilv in the connected websites, and gave it new permission, didnt work.

[dense geode]

everything that is suppose to be in the vesting page, is on there

[pure eagle]

It will be better if you open a ticket with the support team

?support

[worthy lark]

Illuvium Support

For support and bug reports, please use the following methods to contact us:

• Bug reporting: http://link.illuvium.io/bug
• General requests: email us at [e-mail]

[dense geode]

Ty done that

[pale trellis]

It can happen if you have multiple wallets. Make sure the right one is connected.

[granite spindle]

Spoken like a real IT manager 😆

[worn turtle]

https://tenor.com/view/nintendo-game-cartridges-blow-clean-gif-4039493

[granite spindle]

Give it a blow, give it a bang, stick it back in and it’ll fire straight up

[dawn aspen]

how to unstaking https://etherscan.io/tx/0xd3199fea286db40e364c4db6558e482a193cbadfe79f03a0fe3e75235eeb2e4e

[worn turtle]

You want to split the LP? Or you you’re trying to unstake?

[dawn aspen]

yes

i want to get token

[worn turtle]

#🥩〕staking message

Just unstake from the staking page

And remove liquidity

[dawn aspen]

sorry how to unstack https://etherscan.io/tx/0x9bd608ab88c0799edda41de37c2928b6c4201e18657c9a93bf55d4c2f49c98e8

[worn turtle]

go to the staking page - vesting tab, https://staking.illuvium.io/vesting

[hot lynx]

[hot lynx]

So Monday or Sunday this week for the staking correction claim button 🤔

[worn turtle]

Will likey be closer to the 18th, which could put it at Monday as generally they try not to push new things live on the weekend

just my estimate

but I dont have a hard date yet

[hot lynx]

Np they said this week , so end of the week makes sense excluding the weekend agree , thx

I am intrigued on what it will be , not expecting its big, just interested

Lets see

[lime ravine]

What is the staking correction claim button?

[hot lynx]

Best to scroll my friend

[obsidian nebula]

So this is NOT FUD I am and I remain extremely bullish in ILV. I do have a genuine concern though.

1. If ETH is ruled as a security by the SEC, gamers won't want to register to trade securities just to play a video game. we would need to adapt quickly, what's the plan?

2. If the SEC ever opens a case for ILV, it meets all of the requirements of the Howey test to be called a security. If ILV were to have SEC regulation in the future, this would have an impact on how RevDis could be paid and the viability of being able to trade RevDis for other cryptos. how would the team respond to protect the project and the investors?

[hot lynx]

The US doesn't make the rules for the world in Crypto.
The SEC has no say outside the US thx G

[obsidian nebula]

But both the investor and player base have huge portions of participants in the USA. Myself included. So it is a very important question, and absolutely concerns the project and more so concerns users in the USA.

[obsidian nebula]

Obviously it's a mute point unless it were to happen but the very real possibility warrants a plan of action.

[obsidian nebula]

Even if the easy fix is to use a VPN, there is the problem of mass adoption. For mass adoption, the USA is a very important reason to establish a player base in. Even though the sec does not have authority over ILV itself they would still be able to make using ILV in the USA illegal, this screwing all players and investors here. Any lack of concern for this issue is a lack of concern for those people.

It's also worth noting that the ASIC (Australia's SEC equivalent) made a statement back in 2022 that they are committed to regulating crypto

This concern was meant for the team really. @worn turtle any idea what the dev team stance is on this? (My last 4 posts? ⬆️

[gloomy gazelle]

Answer will be lawyers nda blah blah

[twilit flare]

any ideas why a stake transaction might have failed? it took the gas fee annoyingly

[candid kettle]

Normally, a contract interaction failure occurs due to sudden fluctuations in gas prices. It is recommended that you use the 'fast' gas option for contract interactions

[twilit flare]

ok cool! i just looked and transaction cost has indeed spiked from about $8 to $9-10 so i think your absolutely right! I'll try at a quieter time! no rush 🙂

thanks for getting back to me so fast!

[glad musk]

Alright staking experts, been away a hot minute, do I need to move my claimables over to v2, or if my plan would have been to restake them anyways can I just leave them staked?

[knotty heron]

Pretty sure they are fine sitting there as v1, i have some like that too, you can claim and sell, or claim and restake and they’ll become v2? Not 100% sure on that though.

Can an admin confirm that v1 unlocked staked tokens sitting in vesting still receive revdis?

[worn turtle]

Yes exactly as long as you migrated, if you choose to stake in v2 you will be subject to minimum lock

[knotty heron]

Yeah sweet, if your v1 is at 2x weight you wouldnt wanna swap to v2 minimum though because the weight would be like 1.1x

[weak hawk]

whats the gas cost for claiming rewards

[gloomy gazelle]

That depends. 200,000-300,000 gas limit usually

[weak hawk]

have 2.63 ilv in rewards for now and have 300 days lock left, how often do you guys claim

[gloomy gazelle]

This claim was under $4. https://etherscan.io/tx/0x692517ee5b36a4f2e235f56b78c88dd357bcd418edd229b482723cee33fcae27

[gloomy gazelle]

When my claimed tokens will earn more while vesting than the cost of my next claim transaction before the moment I pay for my next transaction. So not very often at this point.

[worthy lark]

Claiming Rewards

When you stake ILV in yield farming, rewards will start accumulating for you. However, you'll need to manually claim these rewards and pay for the GAS fees of these transactions.

You can choose to claim the rewards whenever the pile is big enough to justify the gas fees. If you claim sILV2, it will be unlocked right away and can be used in-game as a substitute currency for ETH outside the marketplace and the Leviathan Arena. If you claim ILV, that batch of ILV will be locked for 12 months and automatically staked in the ILV pool with a token weight of 2.0 for compounding effects. And the process starts over again with new rewards accumulating.

Please note that ILV paid out as part of Illuvium’s Revenue Distribution must also be claimed, but they are not subject to a locking period.

[weak hawk]

So is 2.63 worth claiming and have in vesting ?

claim for ilv

[gloomy gazelle]

Probably not.

[open stump]

Hey fam ! Just bought ILV, how to stake?

[ember ginkgo]

Link to staking website is in #🔗〕helpful-links

[open stump]

This medium isnt active

[candid kettle]

https://illuvium.io/news/28-everything-you-need-to-know-about-staking-usdilv

[open stump]

thanks!

[short shoal]

Hi! What apr is giving Illuvium staking? Locked about 2-3 months?

[gloomy gazelle]

Ahaha thanks. I’m updating that pin now.

[open stump]

You're welcome mate!! 👊

[gloomy gazelle]

The APR is variable. But it’s possible to use the staking page to see what the rate is right now. So I’ll check it…

Current rates at 12month lockup

And for 3 months.

[short shoal]

Thank you!!!!

[hot lynx]

RevDis ... soooon

[lusty pecan]

https://tenor.com/view/illuvium-illuviumio-ilv-yield-farming-gif-22225026

[hybrid geode]

Hello everyone, I want to restore my SLP to ILV and ETH. I have already sent the slp through sushi. Why didn’t I receive my ilv? Is there a mistake in the operation?

Now I can see my slp through sushi but can’t operate it. How should I get back my slp or the corresponding ilv?

[candid kettle]

#🥩〕staking message

[hybrid geode]

I operated remove liquidity, slp was sent, but ilv was not received, is there a delay or some reason

[hybrid geode]

Thank you, this is how I did it, and now remove liquidity has turned gray and cannot be operated, but what is the reason why I have not received ilv, it has passed after 1 hour, do I need to wait longer

[gloomy gazelle]

Beware of scammers attempting to contact you in DMs.

[worthy lark]

DMs are scams

Mods and Team members will never DM you.
Never trust advice or links received in DMs.

Beta access, giveaways, and promotions are not given out via DM. Scams are designed to trick you into installing malicious software to gain access to your wallet or to convince you to enter your seed phrase into a website. Never give your private key (12 to 24-word seed phrase) to anyone.

Support is not provided via DMs
Support is handled publicly, or in threads within the Illuvium Discord. People offering support via DM are scammers.

Please follow the instructions pinned in #report-scammers to report bad actors so we can remove them from the server.

[candid kettle]

do you have the ILV contract added to your wallet?

if the liquidity was withdrawn the ETH and ILV must necessarily have fallen into your wallet

[worthy lark]

Token Address

ILV: 0x767fe9edc9e0df98e07454847909b5e959d7ca0e
ETH/ILV SLP: 0x6a091a3406e0073c3cd6340122143009adac0eda
sILV2: 0x7E77dCb127F99ECe88230a64Db8d595F31F1b068

[gloomy gazelle]

This transaction looks like it worked. https://etherscan.io/tx/0x66dc5e648b158870e37c8746af0a5867198179663e6cda9190261855e17d597c

This one too https://etherscan.io/tx/0xe2d99145bde2d3fedeb0a6ad17c54ca44eed69c9f23aa23ec1436a7d1277fb24

Those are the only two transactions removing liquidity in the last 6 hours.

[hot lynx]

Hey Rich

[turbid spindle]

hello i locked ilv how idea for bull

I invested

[cunning perch]

I did not understand what you said mate. 😄 but I think you meant u locked some ILV for the bull market.

[hot lynx]

Hi Arash good to see you mate 👍 any news on the staking correction for this week

[cunning perch]

Hey hey. Nothing new I believe. The same update as it was before.

[hot lynx]

Ye they said it will be this week

It's Friday so I ask

[cunning perch]

Yep. I think if it is something to be announced it will be I guess.

[hot lynx]

2 days to go max

[hot lynx]

@sacred cosmos ⏫

[sacred cosmos]

ah thanks thanks! Ill note this down. Im glad theyre doing a hotfix

Deleted my messages to not confuse

[hot lynx]

Looks like a weekend update

[magic plover]

according to the spreadsheet, it doesnt really seem to be worth it to claim rewards anymore. Am I interpreting it wrong?

[gloomy gazelle]

Depends how much you have as pending rewards. I would guess that you would want to have at least 15 ILV pending before claiming to start the vesting period.

Claiming as sILV2 is another option. Basically becomes cash to spend on #🎮〕illuvium-beyond disks.

[hot lynx]

1 day to go prolly

[hybrid geode]

How long can I mine, I want to stake some more

[cunning perch]

You can stake as much as you want. Yield ends in July 2024, but RevDis is continuous, if any

[hot lynx]

[hot lynx]

Happy end of weekend

[hot lynx]

Gn @worn turtle

[last hawk]

Rich is in Italie. gn is more like in around 10 hours🤣

[hot lynx]

How did the staking correction go ? It was announced last week as being released this week

Ye GN for Australia Its 11pm Sunday here

[last hawk]

sorry we got no update on that. i would ask in a week again. kieran´s weeding is in the next days. i guess no updates in the next days

[hot lynx]

After the honeymoon perhaps ok Np

[worn turtle]

Should be this week

AFAIK

[hot lynx]

You mean next week

[worn turtle]

Well Monday is tomorrow

So this coming week

Or next week however you wanna look at it

Technically weeks end on Saturday normally

[hot lynx]

Ok we skipped Np

[worn turtle]

At least at companies I’ve worked for

[hot lynx]

Weeks end on Friday also

Np doesn't matter 18th or 25th

[lofty portal]

Hello, trying to claim my Silv2 and now the claim button has spinning wheel of death? Maybe cause I selected the 'low' on gas fees? Thank you

[fast stump]

How do you turn slp tokens back into illuvium/ Eth tokens? Thanks to anyone that can help

[cyan rampart]

#🥩〕staking message

[gloomy gazelle]

Possibly. Try checking etherscan. To see

[hybrid geode]

3ks

[hot lynx]

[pulsar basalt]

Hey, what about the rewards drop at ILV/ETH at sushi?

[gloomy gazelle]

Only SLP tokens that are staked in the sushi masterchef protocol receive those sushi token rewards. So right now there’s only a handful of people staked there. The team does not stake our deposits there. Our deposited tokens are not actually accessible to the team.

[delicate plaza]

Any way to calculate how many sushi tokens you've accrued? I've been in the slp over 2 years so would be curious to know

[gloomy gazelle]

You don’t accrue sushi tokens if you stake in the Illuvium protocol.

You only get sushi tokens if you stake those eth/ILV liquidity provider tokens on the sushi website.

That’s the choice to make: stake for ILV (on the illuvium website) or stake for SUSHI (on the sushi website). No double dipping.

[delicate plaza]

Ahh gotcha, thanks!

[gloomy gazelle]

Zerion does show the value of each eth/ILV SLP token overtime. Currently $583.

[delicate plaza]

Thanks yea have found thats a handy tool in the past. Think my initial entry was when it was above 4k on zerion haha

[gloomy gazelle]

https://tenor.com/view/yennefer-the-witcher-season2-yennefer-season2-tissaia-de-vries-isabelle_j-gif-24182957

[pulsar basalt]

How can I stake there?

[gloomy gazelle]

Sounds like a question for sushi.com

Probably this page somewhere. I don’t really know. I’ve never used it.

Should be around there somewhere #🥩〕staking message

[open stump]

GM fam

[cunning perch]

to get a response for "GM" it's beter to use #💬〕general though 🙂

[hot lynx]

Hey Arash any updated date on the staking correction it was set for last week

[cunning perch]

Hey bud. I haven't got an update unfortunately. If there is one, I bet it will be announced properly.

[ember ginkgo]

Think it was this week

Not sure anymore what date it is atm

[calm walrus]

Hi honest question, is it worth staking still.

[gloomy gazelle]

If you are going to hold ILV and not sell it. Yes. Just stake when gas is low on the weekends.

If you are talking about providing liquidity and staking eth/ILV that’s a bit of a different question, with a far too complicated answer to know for sure.

[pale trellis]

If you want revenue distributions then you stake. Lock for 12 months to get more per ILV than those that lock for less.

[hot lynx]

🐦

[compact talon]

i would like to know what % of ppl lock for less than 12 months, because to me it's look like this feature is a little bit worthless. But I don't know how can I check it

[mental tangle]

@cunning perch any reason I cant connect my wallet to view my staking dashboard?

[cunning perch]

Have you tried updating your browser, clearing the cache or even changing the browser?

[mental tangle]

Can't change browser. I have other MM set up on those. Tried cache
🤷‍♂️

[gloomy gazelle]

Hmm

[cunning perch]

YOu can make a new Chrome or FireFox Channel. They act as new browsers afaik

[gloomy gazelle]

What step is it failing at?

[mental tangle]

I get to connect wallet and click the button.

The pop up should happen but nothing

[mental tangle]

I'll try on my other PC derp
🤷‍♂️
Yes that screen

[gloomy gazelle]

Looks like metamask update to me

[mental tangle]

This is embarrassing LMAO
@cunning perch @gloomy gazelle
TY for entertaining my idiocy.

This MFer hasn't been online since he claimed his Arbi airdrop

🤦‍♂️

[cunning perch]

Pretty out-dated wallet? 😄

[mental tangle]

Check.your.blockchain.dumbdumb. lololol

[gloomy gazelle]

Here’s what I just did. I quit chrome. Reopened chrome. And signed into metamask that popped up right away. (Before clicking anything else)

[mental tangle]

WHY NO ILV ON ARBITRUM!?!?!?

GAWDDDD

[cunning perch]

Oh it was on Arb network? 😄

[gloomy gazelle]

V3 staking will come later.

[cunning perch]

I just realized what you said

[mental tangle]

I'm just failing today, kek

Thanks friends

Dmed @gloomy gazelle bc I'm illiterate

[hot lynx]

🐦

[pale trellis]

Yeah would be nice to see the average token weight. Mine are all at 2.0

[gloomy gazelle]

@regal marten has said it’s rather tricky to determine. I think it’s because the only data showing unlock time is a Unix timestamp buried in the staking data. Which I think is how the contract determines weight.

[pale trellis]

Yeah right, so would need to loop over every stake in two contracts. Calculate and store the weight with number tokens and then find the average.

Possibly vesting tokens too.

[gloomy gazelle]

Also… within each pool serves as the only place that a deposit’s weight matters for revdis. Meaning… if I’m the only one in the ETH/ILV pool with 2x weight it does not matter if everyone in the ILV only pool is 2x weight. Each pool gets its share of the revdis. And weight only impacts the distribution amongst that pool.

[pale trellis]

I’m so confused by why it would be this way. Is there a percentage split between the pools?

[gloomy gazelle]

Revdis goes to all eligible ILV. And that eligible ILV is in several different contract wallets.

[pale trellis]

Yeah but when you say each pool gets it’s share, is that per ILV?

[gloomy gazelle]

Yes

i.e. all eligible ILV is in 3 contract/wallets (reality is that there are at least 5) 1m ILV in eth/ILV pool, 3m ILV in ILV only pool, 4m ILV in the vesting /treasury wallet.

[pale trellis]

Though the confusing part is that you said the weight only impacts the distribution amongst the pool.

Is the weight relative to all ILV or only relative to the ILV in its pool?

If it’s relative to the pool the pool must be getting a guaranteed percentage split of the revenue.

[gloomy gazelle]

Extending this example: the ILV only pool as a whole will receive 3/8s (example number based on the above theoretical numbers) of the revdis. And inside the pool the weight relative to others in that same pool matters.

[pale trellis]

So if there are 2 pools and the tokens staked are 20 in one pool and 80 in the other, the pool with 20 tokens will get 20% of the total revdis the other 80%

Within the pool the 20% of revdis will be distributed per ILV weight within that pool?

[gloomy gazelle]

Yes

[storm crescent]

Hey Illuvium Fam' !

If I withdraw my SLP from staking, can i then un-do it in the sushi liquidity pool and get my original eth and ilv back ?

would it make sense to do this and then re-do the pair with more ILV inside ?

[gloomy gazelle]

No.

[gloomy gazelle]

You do not get the same as you deposited. But you get what each SLP token is worth. Which is why it does not make sense to remove liquidity just to add the same liquidity back.

[storm crescent]

Thanks a lot Pelican. I appreciate you. You have been here since day 1 and answered many of my questions.

what a bummer though that we do not get what we placed back then lol

[gloomy gazelle]

Sure would be wild

[pale trellis]

Thanks Pelican

[regal marten]

To have a useful statistic, you need to filter out the unstaked stakes and that’s where the issue lies. On unstake you get an identifier of the stake, but it’s hard to know what exactly is being unstaked because of changes between the v1 and v2 staking contracts. It’s not impossible, but more time is needed, going through the smart contracts to figure it all out.

[hot lynx]

ILV on CEX will be excluded as part of the total possible RevDis numbers too

[steady trellis]

2 months later 😂 we have a better idea of “soon” ?

[ancient eagle]

Youre still here Lelahel! After all your negativity here you are active and commenting. We must be doing something right to make you stay? 🙃🙃🙃

[worn turtle]

It’s ready to go, was planned for Monday and some circumstances pushed it again, but I’ll see what that new date is today… but like I said it’s ready to deploy afaik

[pale trellis]

Need a super computer.

[hot lynx]

[hot lynx]

another Friday 18th 25th 1st ? @worn turtle idk

[carmine agate]

lelahel is a top holder ya know

[carmine agate]

do we know how much ILV to be distributed?

[ancient eagle]

Good for him...

[carmine agate]

hes actually looking after the dao with his data

if he was bearish, he would have sold and walked away

[pale trellis]

What’s a top holder?

[ancient eagle]

Many of us have over 1000ilv - for me a top holder is 10k or more.

[carmine agate]

everyone who are still here are still bullish lol

[primal igloo]

🐳

[dusk kestrel]

How can you be Bearish when Blackrock haven't even filed the ILV ETF Yet

[carmine agate]

didnt know larry wink is a nerd

[dusk kestrel]

His son Harry Wink is an Atlas Enjoyer

[hybrid thistle]

little question for staking

when the unlock period for slp token ended , does it stop earning rewards ?

[candid kettle]

Still yielding and eligible for revdis even after the lock period ends.

[hybrid thistle]

great

thank you for the respond

[faint shale]

Can we expect some Revdis soon?

[dull dawn]

Hello guys

[worn turtle]

After the safety pool is filled yup

[hot lynx]

10,000 ILV is top 20 holders
Excluding CEXs + treasury DAO ILV related
1000 ILV is top 130 out of 39,273 holders

[hot lynx]

wouldn't say that's many
Wonder how many of them stake

[bright heart]

I tried checking holders, but you have to account for staked tokens to get a better idea.

[faint shale]

You saying u are not trust in the top holders?

or the team?

[hot lynx]

Scroll up , people are chatting about top holders as a topic of interest.

Nothing to do with trust or the team.

[bright heart]

Checking on etherscan and thinking only 20 wallets have 10m tokens can be wrong. This was my point. Cuz there are quite a lot of tokens staked.

[faint shale]

tbh im not really following deeply the things but i now i heavily invested into this project and obviously not only this low levels... 🙂 So i want to make sure or at least nearly sure the project will survive and the the top wallets will not just suddenly dump the price to the basement.

[faint shale]

Where can we follow, the safety pool status Mr.Rich?

[versed coral]

IMX Wallet 0x9989818ae063f715a857925e419ba4b65b793d99

L1 Wallet
0xBA085e0a14801C8c7A919a90304E75CabB7E3917

[steady trellis]

Sorry asking again but we are 2 days later, any news on the date ?

[hot lynx]

No need to be sorry for asking about something that was noted to be updated way back on the 18th August

[gloomy gazelle]

If you want to know the wallets of the actual owners of different tokens then you could check the following two pages. I’ve seen no indication that illuvium is disappearing.

#💰〕token message

#💰〕token message

[worn turtle]

As soon as I have one I’ll provide it

[carmine agate]

how many tokens will be distributed?

[worn turtle]

We have an announcement prepared with the pertinent details once it’s live

[carmine agate]

sounds like a lot

[pale trellis]

https://tenor.com/view/chris-pratt-rubbing-hands-smile-happy-plan-mischief-gif-11789692

[brisk surge]

quick question: I staked SLP 3 times, I took one stake out and had to claim the rewards first then withdraw the SLP. now for the next two SLP withdrawls I REALLY NEED TO CLAIM 0.0001 ILV so that I can withdrawl afterwards??

[hot lynx]

Soooon

[gloomy gazelle]

Responded elsewhere

[arctic wind]

Last time I have accidentaly choosen ILV2, no I do not find it anywhere. Do I have to add it to metamask? Did not find any helpfull answer on Google. Sorry for this nooby question...

[worn turtle]

Yeah the contract address is in #🔗〕helpful-links

[arctic wind]

omg thanks! Next time I will check helpful-links before I check Google... Thank you mate!

[knotty heron]

@cunning perch ^

[cunning perch]

<@&821154860816793604> can you plz give hammer? 😄

Ah someone was fast

[cyan rampart]

https://tenor.com/view/flash-run-fast-gif-26117162

[lime ravine]

Good Morning

[carmine agate]

this week?