ILV Staking Tutorial

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  • เผยแพร่เมื่อ 3 ต.ค. 2024
  • A step-by-step walk-through demonstrating how to acquire and stake the Illuvium token.
    / discord
    metamask.io/
    www.gasnow.org/
    staking.illuvi...
    app.sushi.com/...
    app.sushi.com/...
    www.coingecko....
    opensea.io/col...
    ILV contract
    0x767fe9edc9e0df98e07454847909b5e959d7ca0e
    sILV contract
    0x398aea1c9ceb7de800284bb399a15e0efe5a9ec2
    SLP contract
    0x6a091a3406e0073c3cd6340122143009adac0eda
    =============================
    00:00 - Intro
    01:23 - Web3 Wallet Setup
    05:37 - Centralized Exchanges
    06:13 - Ethereum Gas Fees
    06:44 - Buying the ILV Token
    10:19 - Staking ILV and Sushi LP // How to acquire Sushi LP token(s)
    14:20 - Out of Gas Errors
    14:51 - Best Practices for Claiming
    16:41 - ILV NFTs on OpenSea
    17:23 - Final Thoughts

ความคิดเห็น • 71

  • @illuviumacademy2883
    @illuviumacademy2883  3 ปีที่แล้ว +2

    For specific questions regarding ILV, staking, and anything else, please join and ask in the official discord. There are many active mods and community members available to assist you.
    discord.gg/illuvium

    • @mkkhankobir6386
      @mkkhankobir6386 3 ปีที่แล้ว

      Can i get scholarship?

    • @pelican1377
      @pelican1377 3 ปีที่แล้ว

      @@mkkhankobir6386 no scholarships just play for free. And pay when you can afford to.

  • @vanessasteane8521
    @vanessasteane8521 3 ปีที่แล้ว +5

    Absolutely great video and really detailed which is great for someone like me who needs a step by step guide for this. First video….you were great!!

  • @Spidi98
    @Spidi98 3 ปีที่แล้ว +6

    Best ILV staking tutorial on YT!

    • @inecronomicsi4285
      @inecronomicsi4285 3 ปีที่แล้ว +1

      7/5 Would stake with Rahlords guide
      👌

  • @raylonsmith100
    @raylonsmith100 3 ปีที่แล้ว +15

    This started out so good. Then you showed staking before acquiring the token and didn’t discuss any of the details of gas fees vs total transaction fees. Since you chose not to show the amounts it’s very hard to see what fees / gas you’re accepting when you say “they’re huge”.

  • @mrbilsa1
    @mrbilsa1 3 ปีที่แล้ว +4

    Illuvium to the moon 🚀🚀🚀

  • @adiplanb
    @adiplanb 3 ปีที่แล้ว +2

    Beautifully explained. Thanks.

  • @Cmdr.Lilith666
    @Cmdr.Lilith666 3 ปีที่แล้ว +1

    Good thing there is an Academy, i will now be waiting from time to time for updates. Keep it up. 😁👌

  • @SolanaJax
    @SolanaJax 3 ปีที่แล้ว +1

    Awesome video - Thanks to Rahlord and Jeff

  • @WeylandLabs
    @WeylandLabs 2 ปีที่แล้ว +1

    I dig it !

  • @edgarfunes3626
    @edgarfunes3626 3 ปีที่แล้ว +2

    Excellent video!

  • @codydietrich4246
    @codydietrich4246 3 ปีที่แล้ว +1

    My man! Thank you

  • @mithumkr6635
    @mithumkr6635 3 ปีที่แล้ว +1

    Super bro next next videos upload

  • @alexffvibes3887
    @alexffvibes3887 3 ปีที่แล้ว +1

    You are the true MVP

  • @talkthetalk292
    @talkthetalk292 3 ปีที่แล้ว +1

    Thank you🙏🙏🙏

  • @lorditlog
    @lorditlog 3 ปีที่แล้ว +1

    Thank you! :)

  • @RdozeTV
    @RdozeTV 3 ปีที่แล้ว +3

    damn vitalik the gas fees in eth now so high

  • @BrentPeluso
    @BrentPeluso 3 ปีที่แล้ว +5

    Fantastic tutorial. What do you think the min dollar amount to stake in the Sushi LP Pool so it is worth it because of gas fees? $2,000? Thank you

    • @stayfungroup2859
      @stayfungroup2859 2 ปีที่แล้ว

      What was the figure you ended up going with? Just starting out myself and I’d like to save as much gas fees as possible. Thanks!

  • @jorachamberwlfe3690
    @jorachamberwlfe3690 2 ปีที่แล้ว

    Great 👍

  • @brayngonzales7104
    @brayngonzales7104 3 ปีที่แล้ว +2

    what would be the minimum amount I can invest?

  • @inglesconpelis270
    @inglesconpelis270 3 ปีที่แล้ว

    Is there a way to buy and STAKE illuvium without paying the ethereum huge gas fees

  • @boni9253
    @boni9253 2 ปีที่แล้ว

    can i also buy ILV token on Binance and send this to meta mask so i can stake it??? or should i buy eth first and send it to meta mask`?

  • @Bobbystheboy
    @Bobbystheboy 3 ปีที่แล้ว +4

    ILV will be used for other future games as well right?

    • @illuviumacademy2883
      @illuviumacademy2883  3 ปีที่แล้ว

      Yes. The ILV token will be the governance/staking/revenue distribution token for all games launched under the Illuvium DAS(Distributed Autonomous Studio).

  • @tommylai576
    @tommylai576 2 ปีที่แล้ว

    Might be better to buy $ILV on the exchange then send that to your Metamask. It'll save you the gas fee of having to swap ETH to ILV..

  • @gideons300club3
    @gideons300club3 2 ปีที่แล้ว

    whos eth did it add? when sushi swap you pht your ilv does sushi swap put eth???

  • @Elvisch12
    @Elvisch12 2 ปีที่แล้ว

    That process of buying Ethereum, ILV and looking at the Gas numbers is too confusing, they also charge a commission for almost everything in the game, so there will be no money to buy an illuvial, land or fragments. Game organizers should make the entire token purchase process simple. Thanks for the video tutorial.

  • @GeezCorby
    @GeezCorby 3 ปีที่แล้ว

    I would like to know where did you find the contracts number for sILV and SLP. Trying to learn.

  • @badongdee-ways2earn844
    @badongdee-ways2earn844 3 ปีที่แล้ว +1

    Can we deposit ILV from Binance to metamask so there will be no eth-ilv swap using sushi?

    • @inglesconpelis270
      @inglesconpelis270 3 ปีที่แล้ว

      Hi bro...Did you solve this? I want to do the same

  • @mandyteves5858
    @mandyteves5858 3 ปีที่แล้ว

    Hi I staked my SLP but does not reflect in the Dash board. In etherscan it was a success.

  • @MamaLifeBre
    @MamaLifeBre 3 ปีที่แล้ว

    Wow the gas is so much more expensive now lol

  • @arnaupaisal5948
    @arnaupaisal5948 2 ปีที่แล้ว

    Actually can i stack less than 1ilv in ur website?

  • @sjw2324
    @sjw2324 2 ปีที่แล้ว

    help please. I added liquidity in sushi however i do not see the SLP token in MM. It appears I have a liquidity position in sushi. what did i do wrong? thanks

  • @pierregentilini4375
    @pierregentilini4375 3 ปีที่แล้ว

    What is the difference between vesting and normal rewards?

  • @JohnyBravo44
    @JohnyBravo44 2 ปีที่แล้ว

    If you you unstake, do your ILV coins automatically go to your Metamask wallet?

  • @GoldChocobo77
    @GoldChocobo77 3 ปีที่แล้ว

    In the game, will I be able to buy sILV with ILV? because I don't want to stake but I want to play the game when it releases.

  • @kaminatorXD
    @kaminatorXD 3 ปีที่แล้ว

    Didnt you skipe something?
    Rewards are locked for 12 months right?

  • @billy5077
    @billy5077 2 ปีที่แล้ว

    does the staking APY fluctuate or does it steadily decrease?

  • @kemahlemin9884
    @kemahlemin9884 3 ปีที่แล้ว

    hi there, so it's better to stake in 1 full amount for less fees instead of passively for repeatable fees?

    • @illuviumacademy2883
      @illuviumacademy2883  3 ปีที่แล้ว +1

      If you join the discord we can better assist you with this and any other questions or issues you may have!
      discord.gg/illuvium

  • @EdwardHilltop
    @EdwardHilltop 3 ปีที่แล้ว +1

    Hi, if stake just ILV flexible have any impermanent loss?

    • @illuviumacademy2883
      @illuviumacademy2883  3 ปีที่แล้ว

      Impermanent loss is only applicable to providing liquidity. Staking into the ILV-only pool cannot have this risk. Come check out our discord for more information!
      discord.gg/illuvium

    • @EdwardHilltop
      @EdwardHilltop 3 ปีที่แล้ว

      @@illuviumacademy2883 got it thanks thanks

  • @shermanbryce8768
    @shermanbryce8768 3 ปีที่แล้ว

    It won’t let me switch networks in MetaMask app

    • @illuviumacademy2883
      @illuviumacademy2883  3 ปีที่แล้ว

      If you join the discord we can better assist you with this and any other questions or issues you may have!
      discord.gg/illuvium

  • @ranistheboss8235
    @ranistheboss8235 3 ปีที่แล้ว

    When can we play?

  • @mrdingles5107
    @mrdingles5107 3 ปีที่แล้ว

    I don't have to collect reward right? I can deposit my amount and forget for a year then claim both reward and staked amount?

    • @QshizzleD
      @QshizzleD 2 ปีที่แล้ว +1

      You can do it that way, but you will not receive compounding rewards on your earned ILV. It does save on gas fees, though

    • @QshizzleD
      @QshizzleD 2 ปีที่แล้ว +2

      A helpful guide I’ve seen used is that you want fees to be no more than 5-10% of your rewards withdrawn to be the most economical.

  • @Baby-ui4gr
    @Baby-ui4gr 3 ปีที่แล้ว

    how much is the gas fee on the ILV? is it bigger compared sushi LP?

    • @QshizzleD
      @QshizzleD 2 ปีที่แล้ว

      You will pay more gas fees in the sushi LP pool.

  • @benjaminsakamoto7974
    @benjaminsakamoto7974 3 ปีที่แล้ว

    Resently my metamask account got hacked and I have ILV staking connected to that account , someone know how could I save those ILV that are staked ? (Im not 100% if my account cant get empty again as i immediately stop using it, but I'm worry about the ILV staked and I'm trying to move them to another metamask account but want to be sure before i do any other move into the first account) Appreciate the help !

    • @illuviumacademy2883
      @illuviumacademy2883  3 ปีที่แล้ว

      We're sorry to hear that. Our community is active 24/7 on discord and a moderator could assist you much better there.
      discord.gg/illuvium

  • @vinoplays1217
    @vinoplays1217 3 ปีที่แล้ว

    SLP?

  • @jm213213
    @jm213213 3 ปีที่แล้ว

    Dang I got in today but am always a bit late.

    • @sarahhenning5484
      @sarahhenning5484 2 ปีที่แล้ว +1

      Looks like you were pretty early still. Congrats to you

  • @TabasumMahajabin
    @TabasumMahajabin หลายเดือนก่อน

    Thompson Richard Jones Sharon Davis Anthony

  • @aliquraishi3061
    @aliquraishi3061 3 ปีที่แล้ว

    Just unsure if the masses of people will afford to play this game..🤔

    • @ivanvincent770
      @ivanvincent770 3 ปีที่แล้ว +3

      bro... its free to play.

    • @illuviumacademy2883
      @illuviumacademy2883  3 ปีที่แล้ว +2

      Like Ivan Vincent replied, Illuvium offers a free to play experience. There is also a separate "pay to earn" experience if you so choose, as well. Come check out our discord for more information and/or if you have more questions!
      discord.gg/illuvium

    • @GoldChocobo77
      @GoldChocobo77 3 ปีที่แล้ว

      this video didnt mention anything about the cost of playing the game... so not sure what your comment is based on

    • @QshizzleD
      @QshizzleD 2 ปีที่แล้ว

      You only pay if you want to make $$$ playing the game

  • @28visions
    @28visions 2 ปีที่แล้ว

    Why is this so complicated 😭😭😭

  • @peaceful4you408
    @peaceful4you408 2 ปีที่แล้ว

    This process was way too complicated. Took me hours.

  • @Museintel
    @Museintel 3 ปีที่แล้ว

    DO NOT FALL FOR THIS SHIT! - I have lost 300$ just coz of GAS