pre-IDO

What is the $ELIX Token? Real utilities, burn system & more

$ELIX token is the native token for the elixir.app platform and will have many use cases and utilities, including: - Guaranteed allocation to invest in top games in our Launchpad, providing incubation to the selected companies. - Staking program with RNG boosts in APYs based on user’s tier level. - Access to exclusive airdrops from Elixir Platform games. - Voting rights over the selection of new games to be incubated or launched. - Access to exclusive features and events in social metaverse spaces. - Premium features at Elixir Game Platform. - Payment method (cashback) for our marketplace integrated with all video games of the Elixir Launcher (SDK). - 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: - 0,5% of every payment happening in the platform will go directly to burn $ELIX - 15% of early unstaking in the dApp will be burnt (only after 75% completed epoch will be available) - 0,5% of every IGO ticket will burn $ELIX - 2% of every collected stable for IGO will go to burn $ELIX - 1% of every amount swapped/bridge into the Elixir ecosystem will burn $ELIX

What does the $ELIX have to do with LitLab Games and the $LITT?

Elixir Games and LitLab Games are like two pieces of a sweet puzzle; their union is fundamental to the ecosystem we are building. In 2023, LitLab Games became part of the Elixir family through a strategic acquisition. Since then, their destinies have been intertwined, sharing interests and goals. Litlag Games Elixir The Spotlight on $LITT in CyberTitans In the second quarter of 2023, LitLab Games launched its native token $LITT through a Token Generation Event (TGE). Now, $LITT takes center stage in CyberTitans, LitLab Games' first video game. The vision is clear: $LITT will become the primary currency in all games created by Elixir Games. $LITT and its Crucial Role in the $ELIX preIDO An exciting stage uniquely set up where $LITT plays a central role. By staking $LITT, you take the first step into the $ELIX ecosystem. This process not only ensures fairness but also aligns the interests of all participants. Depending on the amount of $ELIX you hold, you'll fall into one of the five holder tiers: Plankton, Shrimp, Dolphin, Shark, or Whale.