$ELIX token is the native token for the elixir.app platform and will have many use cases and utilities, including:
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Guaranteed allocation to invest in top games in our Launchpad, providing incubation to the selected companies.
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Staking program with RNG boosts in APYs based on user’s tier level.
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Access to exclusive airdrops from Elixir Platform games.
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Voting rights over the selection of new games to be incubated or launched.
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Access to exclusive features and events in social metaverse spaces.
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Premium features at Elixir Game Platform.
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Payment method (cashback) for our marketplace integrated with all video games of the Elixir Launcher (SDK).
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Access to the season pass of Elixir.
Elixir Launcher Tier system
In terms of launchpad roles, our tier system is designed to gamify the traditional DeFi system by offering a base APY + a random boost APY through weekly rewards. Added to that the role acquired will allow stakers to participate in new upcoming launches.
Linked to this, $ELIX token will have a continuous burning system to set up a deflationary economy with weekly bonfires based on platform transactions as follows:
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0,5% of every payment happening in the platform will go directly to burn $ELIX
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15% of early unstaking in the dApp will be burnt (only after 75% completed epoch will be available)
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0,5% of every IGO ticket will burn $ELIX
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2% of every collected stable for IGO will go to burn $ELIX
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1% of every amount swapped/bridge into the Elixir ecosystem will burn $ELIX