Illuvium has officially launched Staking V3 on the Base network, marking a migration away from Ethereum. The updated system is designed to improve accessibility, reduce fees, and provide a smoother experience for both new stakers and long-term ILV holders. The transition is supported by a LayerZero-powered ILV Bridge, which allows users to move their tokens from Ethereum to Base without disruptions.
Staking V3 represents a full rebuild of the platform, focusing on faster interactions, improved reliability, and a structure built for future growth. By moving to Base, Illuvium aims to offer lower transaction costs and faster confirmations while supporting a more efficient reward system.
Illuvium Moves Staking to Base Network
The updated staking model introduces a dual-reward system. Participants earn ILV through revenue distribution via the RevDis protocol, which activates whenever Illuvium generates 150 ETH in revenue. In addition to ILV, users also earn Shards, which function as seasonal loyalty points.
Shard rewards are calculated daily, and their amount depends on the type of vault chosen, the total staked amount, the duration of the lock period, and any applicable multipliers. Each staking season is independent, featuring its own Shard configuration and leaderboard, with the first season distributing 15% of the total Shard supply.
Staking V3 includes two vault options. The ILV vault provides 20 Shards per $1,000 staked per day, while the combined ILV and ETH vault offers 80 Shards per $1,000 per day. Users can increase Shard earnings by locking their tokens for periods ranging from 30 to 365 days, with a linear multiplier that increases from 1x to 2x.
Early supporters also receive an OG Boost multiplier based on prior staking history, ranging from 1x to 2x depending on tenure. Combined, the maximum multiplier is capped at 3x, ensuring both new and long-term users receive structured rewards.
V3 and Role of Base
Staking V3 operates on a six-month seasonal cycle. Each season tracks Shard emissions independently, and the rate of Shard distribution decreases by 2.97% every week. This seasonal approach provides predictability and encourages consistent participation.
Users can monitor their progress through seasonal leaderboards, which reset at the end of each six-month period. The system calculates daily Shard rewards based on staked value, vault rate, lock period, and combined multipliers.
The shift to Base addresses previous limitations on Ethereum, including high gas fees and slower transaction times. Base enables faster deposits, withdrawals, and compounding, making staking more efficient. The system uses both on-chain and off-chain components to manage Shards, multipliers, and seasonal calculations, providing a hybrid framework that supports reliable and transparent reward distribution.
The ILV Bridge, powered by LayerZero, ensures trustless migration of tokens between Ethereum and Base, allowing legacy users to continue staking without disruption. This bridge also maintains compatibility with the new staking interface.
Staking and Migration
To begin staking on Base, users first need to acquire ILV on the Base network or migrate tokens from Ethereum via the ILV Bridge. Once transferred, users can access the Staking V3 interface on the Illuvium website and connect a Base-supported wallet.
From there, stakers deposit ILV or ILV + ETH into their preferred vault and can select a lock period to increase rewards. The interface displays relevant metrics, including Shard output, vault rates, and multiplier values.
Revenue distribution occurs automatically whenever the 150 ETH threshold is reached, provided the Safety Pool under ICCP-22 is funded. Stakers can claim Shards daily or allow them to accrue. Withdrawals follow the rules of the selected lock period, while compounding is available for unlocked positions or after the completion of a lock.
Final Thoughts
Illuvium is a web3 gaming ecosystem that prioritizes on-chain asset ownership and cross-title progression. The project includes four titles: Arena, a strategic auto-battler; Overworld, a creature-collecting MMO; Zero, an industrial builder sim; and Beyond, an NFT collectible and social platform. Assets and progression carry across all titles, allowing players to store, trade, and transfer items on-chain.
The introduction of Staking V3 on Base supports Illuvium’s broader ecosystem by improving reward distribution and providing a staking framework that benefits both new participants and long-term holders.
Frequently Asked Questions (FAQs)
What is Illuvium Staking V3?
Illuvium Staking V3 is the latest version of the project’s staking system, now running on the Base network. It features dual rewards in ILV and Shards, seasonal leaderboards, and lower fees compared to the previous Ethereum-based system.
Why did Illuvium move staking to Base?
The migration to Base reduces gas fees, improves transaction speed, and supports more efficient reward distribution. The network enables smoother staking operations and better long-term scalability.
How are Shards calculated in Staking V3?
Shards are calculated daily based on the vault type, staked amount, lock period, and any multipliers, including the OG Boost for early supporters. Seasonal Shard emissions decrease gradually over the six-month period.
What is the OG Boost?
The OG Boost is a multiplier awarded to early or long-term stakers based on their prior participation in Staking V1 and V2 on Ethereum. The boost ranges from 1x to 2x and lasts for 120 days after the launch of Staking V3.
How do users migrate ILV from Ethereum?
The ILV Bridge, powered by LayerZero, allows users to move ILV from Ethereum to Base in a trustless and secure manner. Once transferred, tokens can be staked through the Staking V3 interface.
Can I withdraw my staked tokens at any time?
Withdrawals depend on the chosen lock period. Tokens without a lock can be withdrawn at any time, while locked tokens can only be withdrawn once the lock period ends.
Where can I play Illuvium games?
Arena, Overworld, and Zero are available as free-to-play titles on the Epic Games Store, with Zero also accessible on Android and iOS. Beyond is a browser-based platform focused on NFT collecting and social interaction.
