worthy sinew
Proposal: Enable ILV as a Payment Method for Illuvium Purchases on IMX
Summary:
This proposal enables ILV as a direct payment method on Immutable X (IMX) for D1SKs, cosmetics, skins, emotes, and other in-game items, like sILV2. 100% of ILV spent goes to Illuvium Labs' treasury, bypassing revdis, allowing Labs to re-stake if desired.
✅ Expands ILV utility as an in-game currency.
✅ Lets players spend ILV rewards without swaps or gas fees.
✅ Funds Illuvium Labs directly, increasing runway.
✅ Players who prefer revdis can still use ETH.
Key Benefits
1️⃣ Frictionless ILV Spending
Players can directly buy D1SKs, cosmetics, skins, emotes, and NFTs using ILV—no swaps, no extra steps.
2️⃣ 100% of ILV Goes to Illuvium Labs
ILV purchases fund game development and extend the project’s runway instead of going to revdis. (A DAO vote could adjust ILV’s revdis split if needed.)
3️⃣ No Swaps or Gas Fees
- No need to swap ILV to ETH before spending.
- No gas fees from L1/L2 transfers.
- ILV instantly usable in the ecosystem.
How It Works
- IMX marketplace adds ILV as a payment option alongside ETH & sILV2.
- ILV purchases go to Illuvium Labs, not revdis.
- ETH remains for those who prefer revenue distributions.
Why This Matters
✅ Expands ILV’s role beyond governance/staking.
✅ Gives Illuvium Labs a direct funding mechanism.
✅ Improves user experience, removing friction.
Conclusion
This proposal boosts ILV’s utility, improves spending efficiency, and increases funding for Illuvium Labs, while keeping player choice.
💠 Want to support Illuvium Labs? Use ILV.
💠 Want to contribute to revdis? Use ETH.
Mods, please close/lock if an identical proposal exists.
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