​​Illuvium (ILV) Illuvium is both an exploration looter and a | Crypto Great | Bitcoin | DeFi

​​Illuvium (ILV)

Illuvium is both an exploration looter and auto-battler game rolled into one, where gamers can play-to-earn crypto rewards. Essentially, this means that users can explore to find valuable objects within the game, and it also features a strategy-based battle option.

Beta testing on Illuvium is underway, and users are helping developers optimize the game for mass adoption. You can read more about the testing process in last month’s portfolio update. Recently, in an effort to ensure maximized security for the V2 smart contracts, there were two external audits done on the code.

Additionally, Illuvium wants to incentivize its users by consistently working to improve. On March 31, Illuvium’s staking version 2 went live, and the upgrade includes improved features such as better gas efficiency and a refreshed interface.

Despite these advantages, claiming rewards can get expensive. To combat this, Illuvium’s new upgrade reduces the gas fees users pay by allowing them to claim rewards from multiple pools and revenue distributions all in one transaction.

100% of the vault revenue received from in-game purchases and marketplace transactions is distributed back to stakers as ILV. This will keep more value in the ecosystem, and the incentives for staking will drive demand for the ILV token.