Key Takeaways

• ILV serves as the foundational token across all Illuvium games, used for governance, in-game utility, and rewarding players and contributors.
• Illuvium is an expansive blockchain game universe, built on Ethereum and Immutable X, combining open-world exploration, auto-battling, city-building, and card-based gameplay.
• ILV holders participate in protocol decisions, elect council members, and vote on governance proposals via a transparent, on-chain DAO system.

Illuvium is a decentralized gaming project that merges high-fidelity blockchain gaming with tokenized economies. Built on Ethereum and using Immutable X for gas-free NFT trading, it combines multiple games in a unified metaverse. The ecosystem revolves around collecting and battling creatures called Illuvials, which are represented as tradable NFTs.

Unlike single-title blockchain projects, Illuvium functions as a platform offering multiple interconnected games:

• Illuvium: Overworld, a 3D world where players explore, mine, and capture Illuvials
• Illuvium: Arena, a strategic autobattler focused on team composition and tactical deployment
• Illuvium: Zero, a base-building game where players manage industrial operations that tie back into the broader economy
• Illuvium: Beyond, a collectible experience centered on unique avatar NFTs and mini-games

Together, these titles are linked through assets, tokens, and lore, creating a metaverse where actions in one game influence the others.

What is the ILV Token

The ILV token is the foundation of the Illuvium protocol. It serves multiple purposes across the platform, driving both economic activity and decentralized governance.

Functions of ILV Token

• Governance: ILV holders control the direction of the protocol through DAO voting. The Illuvinati Council is elected periodically, and all changes to the platform go through a proposal and vote process.
• Vault Rewards: Revenue from in-game purchases and trading fees goes into a vault, which is periodically redistributed to staked ILV holders.
• Liquidity Mining: Through yield farming, ILV tokens are distributed to users who provide liquidity during defined phases.
• Staking: ILV can be staked to earn rewards and participate in protocol voting. Users choose between flexible and locked staking models depending on their risk appetite and time horizon.
• In-Game Economics: While ETH and sILV2 (synthetic ILV) are used for most in-game transactions, ILV retains its role as the governance and reward token.

ILV can be locked or held liquid. Locked tokens provide higher staking returns but come with a vesting period. Holders who prefer immediate access can opt for sILV2 rewards instead.

NFTs, Interoperability, and Illuvials

Illuvium’s ecosystem revolves around digital collectibles called Illuvials, each with attributes, affinities, and classes. Players capture Illuvials, level them up, and fuse them into more powerful forms. These creatures are represented as NFTs and can be traded, battled, or evolved.

Key Mechanics 

• Affinities & Classes: Illuvials fall under elements like Water, Fire, and Earth, and are further categorized into classes such as Fighter, Rogue, or Psion.
• Fusion System: Three Illuvials of the same type and level can be fused into an evolved version, encouraging strategy and collection.
• NFT Metadata: Each NFT carries persistent data on stats, finishes (holo, rainbow, etc.), and battle history.

All NFTs in the Illuvium universe are interoperable between games. An Illuvial caught in Overworld can be used in Arena or traded in IlluviDEX without needing conversion.

The IlluviDEX and Trading Layer

IlluviDEX is the native marketplace built specifically for the Illuvium ecosystem. It supports:

• Peer-to-Peer Sales: Players can list or bid on Illuvials, in-game assets, land, and collectibles.
• NFT Echoes: Duplicate representations of unique items used for cosmetic customization.
• Gas-Free Trading: Powered by Immutable X, IlluviDEX transactions do not require gas fees.

All revenue generated through IlluviDEX contributes to the vault system, which redistributes funds back to ILV stakers.

DAO Governance and Protocol Control

The Illuvium DAO governs development, financial management, and strategic direction. Token holders propose and vote on changes through a formal process involving:

• ICCPs (Illuvium Core Council Proposals): Framework-level decisions affecting foundational rules
• IIPs (Illuvium Improvement Proposals): General suggestions for changes or upgrades to the platform
• Quadratic Voting: Voting power is weighted to prevent whales from dominating outcomes, giving smaller holders proportional influence
• Council Elections: Members are elected each epoch and compensated with a stipend. They serve as decision-making representatives of the ILV community

All governance operations are recorded on-chain, promoting transparency and community participation.

Trade ILV on Tothemoon

ILV is available for trading on Tothemoon, a secure and intuitive exchange platform.

Why Trade ILV on Tothemoon?

• Secure Trading: Enjoy peace of mind with our top-tier security infrastructure.
• User-Friendly Interface: Whether you're a beginner or an experienced trader, our platform provides a smooth trading experience.

Buying ILV on Tothemoon is a direct step into the Illuvium ecosystem which is perfect for players, investors, and DAO participants alike.

Conclusion

Illuvium presents a fully decentralized gaming ecosystem, where each piece, from NFTs to staking rewards, is governed by its players. The ILV token is embedded into every layer of the platform, from council elections and treasury management to trading and staking rewards. As the universe introduces new titles and regions, ILV will continue to drive the connection between gameplay, economy, and community decision-making.