Earn Interest on Illuvium - ILV Savings Account
YouHodler’s list of options to choose from for crypto savings accounts continues to grow. These low-risk, high-yield savings accounts help users earn interest on crypto up to 12.3% per year plus compounding interest. Illuvium (ILV) is a popular choice in the market. Here are some additional facts on Illuvium (ILV) and also learn how to easily accumulate crypto interest on YouHodler.
What is Illuvium (ILV)?
Illuvium is a non-fungible token (NFT) roleplaying game combined with an auto-battler. Illuvium exists in the “overworld,” an open-world RPG immersive experience where players can mine, grow, collect and fight creatures called “Illuvials.” Players first need to start a team to join the others in the auto battler. Here, players with strategically built teams compete against each other in battles. Each Illuvial has unique characteristics which are advantageous depending on the situation. Hence, the players with the most well-balanced team are usually victorious.
ILV is the native token of the Illuvium ecosystem. It is not needed for gameplay but token holders can use it for governance rights, liquidity mining, and vault distributions.
How to earn 3% interest on ILV
Step 1: Sign-in or sign up to YouHodler (iOS, Android, and Web version available)
Step 2: Deposit ILV to your Illuvium wallet
Step 3. Watch as your ILV earns compounding interest.
Step 4: Get paid! Weekly payments come every 7 days
Watch your crypto earn on YouHodler
Bored of playing Illuvium? Of course, you’re not. However, take five minutes away from the game to watch your crypto earn on YouHodler. Simply follow the instructions above to deposit ILV and start earning a passive income. Then, you can go back to playing your game while your portfolio generates compounding interest in the process. It takes “play-to-earn” to a whole new level.
Illuvium saving wallet app that pays interest
YouHodler wallet app is the only application where you can store your Illuvium (ILV) just like you would in a regular wallet but in addition, earn interest on that ILV wallet balance every week.
How does ILV interest work
You can earn interest on ILV just like you would with a traditional bank savings account but with one key difference. Instead of near to zero interest rates at banks, we offer you 3% interest on ILV.
How to Earn Free ILV
It’s easy! Just deposit ILV to your YouHodler wallet and you’ll earn free ILV every week.
How to Get Free ILV
Interest payments occur every seven days. So you’ll get your free ILV a week after your first deposit.
Cumulative Interest ILV
Yes, you have cumulative interest if you HODL ILV in the wallet. We calculate compound interest rates every week.
ILV APY & Yield
Compared to other platforms, we offer APY instead of APR. APR gives you interest payments without the compounding effect. Hence, with APY at YouHodler, you get more ILV at the end of the year due to this cumulative interest.
ILV Savings Calculator
Just use our ILV Savings Calculator to see what you will have in 3, 6, or 12 months of HODLing on YouHodler.