𝐄𝐯𝐞𝐫 𝐰𝐨𝐧𝐝𝐞𝐫𝐞𝐝 𝐡𝐨𝐰 𝐄𝐥𝐲𝐬 𝐍𝐞𝐭𝐰𝐨𝐫𝐤 𝐬𝐭𝐚𝐤𝐢𝐧𝐠 𝐟𝐞𝐚𝐭𝐮𝐫𝐞 𝐰𝐨𝐫𝐤𝐬?

Let's find out in the book of truth !

First, let's briefly review Elys Network's revenue distribution:

• 𝐒𝐭𝐚𝐤𝐞𝐫𝐬/𝐃𝐞𝐥𝐞𝐠𝐚𝐭𝐨𝐫𝐬: 𝟑𝟎%

• Liquidity Providers: 60%

• Elys Protocol: 10%

All revenues are distributed in USDC.

This distribution may be subject to change with CosmosHUB PSS integration.

But how are these revenues distributed to stakers?

• Part of it goes to 𝐔𝐒𝐃𝐂 𝐬𝐭𝐚𝐤𝐞𝐫𝐬

• Part of it goes to 𝐄𝐋𝐘𝐒 𝐬𝐭𝐚𝐤𝐞𝐫𝐬

• Part of it goes to 𝐄𝐃𝐄𝐍 𝐬𝐭𝐚𝐤𝐞𝐫𝐬

Yes, but how does it work, you might ask?

Relax, I've got your back

The first important thing to note is that the bonding period at Elys Network is 14 days.

Once PSS is integrated, there may be no bonding period for ELYS.

When you stake your ELYS tokens, you can benefit from three sources of yield:

• A share of the Elys Network's revenue in USDC

• EDEN tokens (vested ELYS token)

• EDEN boost (details to follow)

This is our primary revenue source, for stakers.

Now let's talk about EDEN Staking.

EDEN is a vesting ‘inflationary reward’ token that is earned by both stakers & liquidity providers.

You can redeem 1:1 for ELYS with a 90 days linear vesting period.

Since the EDEN token is simply a representation of the ELYS token, staking your EDENs earns you the same rewards as staking your ELYS tokens :

• A share of the Elys Network's revenue in USDC

• EDEN tokens (vested ELYS token)

• EDEN boost (details to follow)

USDC Staking enables users to lend their USDC to others interested in utilizing it within our Leverage LP feature.

As a result, lenders will earn rewards through the APR paid by the borrowers.

There is no unbonding period for USDC staking.

By lending your USDC, not only will you receive the APR paid by borrowers, but you can also earn EDEN tokens.

EDEN boost serves as a multiplier to reward users who engage in long-term participation.

While it cannot be exchanged for ELYS, it enhances your EDEN earnings.

Similar to EDEN staking, you can earn rewards like:

• A portion of the Elys Network's revenue in USDC

• EDEN tokens (vested ELYS token)

In simple terms, Elys Network has created a mechanism to maintain the scarcity of the ELYS token by allowing stakers to use their USDC/ELYS/EDEN/EDEN_Boost to earn income from our applications.

You can redeem your EDEN tokens for ELYS at a 1:1 ratio whenever you want of course!

That’s all for today !