Is Illuvium a Cryptocurrency?

The Illuvium game has two ERC-20 cryptocurrencies called ILV (Illuvium) and sILV that help to power the game. The ILV token allows holders to partake in yield farming, staking and governance of the Illuvium DAO. Those who wish to stake their tokens have the option to receive rewards in either ILV or sILV.

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When was Ilv coin launched?

The Illuvium game is set to launch publicly in 2022 . ILV token is an ERC-20 governance token compliant with the Ethereum network that is used to govern Illuvium’s decentralized autonomous organization (DAO). The token also sees revenue streams from in-game purchases on IlluviDEX.

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