Elys NetworkElys Network on Base: The Next Chapter Begins
It’s now been two months since we announced our migration to Base, and while we’ve been sharing regular updates on Discord, it’s time to give everyone a full overview here! Our announcement was met with an incredible response from our community, and since then, we’ve been working hard to make this new journey a reality as quickly as possible. As development accelerates and our team continues to evolve to meet EVM requirements, it’s the right moment to share where we stand and what comes next....
Elys NetworkElys Network Announces Full Transition to Base
Over the last eight months, Elys Network has built, innovated, and learned — with our community at the heart of everything. We also know it hasn’t been an easy journey. Markets have been tough, ELYS has seen challenges, and many of you have stood by us even when it wasn’t easy. That loyalty matters — and it’s why we’re making this next move with you, and above all, for you. Today, we’re announcing that Elys Network will transition from the Cosmos ecosystem to Ethereum’s Base network — under a...
Elys NetworkElys Network: Reworked Tokenomics & Airdrop
After much anticipation, we’re excited to unveil the revamped tokenomics and airdrop plan.Table of contents:Elys Network JourneyUpdated Tokenomics BreakdownUpdated Airdrop DetailsReward Center OverviewElys Network JourneyA Quick Recap:Elys Network was built with one simple goal: to fix DeFi. We’ve created an environment where:Impermanent loss is no longer a concern, allowing liquidity providers to embrace volatility in their pools and utilize stablecoins without fear.Rewards are distributed i...
NextGen oracle-based Decentralized Perpetual Trading and Leverage Lending platform, featuring ETF style multi-asset Index Pools. Highly Scal
Elys NetworkElys Network on Base: The Next Chapter Begins
It’s now been two months since we announced our migration to Base, and while we’ve been sharing regular updates on Discord, it’s time to give everyone a full overview here! Our announcement was met with an incredible response from our community, and since then, we’ve been working hard to make this new journey a reality as quickly as possible. As development accelerates and our team continues to evolve to meet EVM requirements, it’s the right moment to share where we stand and what comes next....
Elys NetworkElys Network Announces Full Transition to Base
Over the last eight months, Elys Network has built, innovated, and learned — with our community at the heart of everything. We also know it hasn’t been an easy journey. Markets have been tough, ELYS has seen challenges, and many of you have stood by us even when it wasn’t easy. That loyalty matters — and it’s why we’re making this next move with you, and above all, for you. Today, we’re announcing that Elys Network will transition from the Cosmos ecosystem to Ethereum’s Base network — under a...
Elys NetworkElys Network: Reworked Tokenomics & Airdrop
After much anticipation, we’re excited to unveil the revamped tokenomics and airdrop plan.Table of contents:Elys Network JourneyUpdated Tokenomics BreakdownUpdated Airdrop DetailsReward Center OverviewElys Network JourneyA Quick Recap:Elys Network was built with one simple goal: to fix DeFi. We’ve created an environment where:Impermanent loss is no longer a concern, allowing liquidity providers to embrace volatility in their pools and utilize stablecoins without fear.Rewards are distributed i...
NextGen oracle-based Decentralized Perpetual Trading and Leverage Lending platform, featuring ETF style multi-asset Index Pools. Highly Scal
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The ELYS token is the backbone of Elys Network, designed to fuel a sustainable, inclusive, and growing DeFi ecosystem.
Elys Network's economic model is built to create long-term value for all stakeholders: users, contributors, liquidity providers and stakers
This deep dive will explore how ELYS is distributed, its utilities, and how it creates lasting value across the ecosystem.
The ELYS token is more than just a governance token; it serves multiple functions that support the long-term success of Elys Network. Here’s how ELYS token utility fosters growth and sustainability:
Fee Sharing: ELYS stakers earn non-inflationary real yield via 25% of all DEX revenues, paid in USDC. Revenue sources include:
Perpetual trading fees
Spot trading fees
Margin interest fees
Transaction network fees
Liquid staking fees
Staking Token Rewards: Elys's governance model rewards stakers and node operators through EDEN tokens, which vest over 90 days and can be redeemed for ELYS. Long-term stakers receive EDEN BOOST, a multiplier token for increased rewards. Both can be restaked to compound earnings.
Liquidity Mining: Liquidity providers earn rewards by contributing liquidity to Elys Network pools, ensuring the platform remains highly liquid for users.
Membership Tiers: Holding ELYS unlocks loyalty benefits such as fee discounts, exclusive NFTs, merchandise, and access to premium platform features based on membership tiers.
Fee Burn Mechanism: A portion of the collected fees will be allocated to a burn module, which would improve the overall Elys tokenomics over time
Governance Power: ELYS serves as the network's governance token. Staked tokens grant voting rights for key proposals, including upgrades, product launches, incentive programs, and ecosystem growth strategies.
The ELYS token was built with the community in mind. It powers every aspect of our platform, but its true strength lies in reward sharing.
You don’t need to hold ELYS to use our applications.
However, it’s the ideal way to earn daily rewards in USDC, generated from all our features.
With a total supply of 200 million ELYS tokens, the allocation is structured to ensure that all participants benefit while maintaining network growth and stability.
Key Allocations:
22.3% Strategic Reserve: Used to bolster long term sustainability of the treasury and help aid diversification via fundraising & OTC efforts. It will also be used for partner-specific grants, who can add long term value to the Elys Network. It will also be used to provide liquidity on CEX,via POL on Elys DEX and staked to decentralize the network at genesis.
18% Project Contributors: Reserved for core contributors to development and growth.
15% LM Rewards: Liquidity Mining Rewards to help jump-start the Elys ecosystem. These are temporary and meant to simply bootstrap the liquidity and support non-inflationary revenue sources.
13.4% Public and Private Sales: Reserved for early investors and network supporters, facilitating the platform’s initial growth and expansion.
9% Marketing and Growth: Focused on scaling globally, these funds will support marketing campaigns, strategic partnerships, and community engagement initiatives to boost awareness and adoption of Elys Network.
8.5% Staking Rewards: Encourages token holders to actively stake their ELYS tokens, promoting network security and governance participation while rewarding users for their commitment.
7.5% Community Fund: This includes payouts for DAO councils and for community initiatives & projects. Receiving funds from this pool will follow defined governance and approval processes.
5% Airdrop: A gesture of gratitude towards early adopters and engaged users, this allocation is designed to stimulate early network activity and foster loyalty.
1.3% Advisors: Acknowledging the valuable guidance of advisors who bring industry expertise and strategic insights to ensure Elys Network’s success.
Funding rounds:
Pre-Seed: 8.5% at TGE, 6 Months cliff, 12 Months linear vesting
Seed & Advisors: 10% at TGE, 5 Months cliff, 12 Months linear vesting
Strategic: 12.5% at TGE, 4 Months cliff, 12 Months linear vesting
Public sale: 15% at TGE, 1 Months cliff, 6 Months linear vesting
Vested token cannot be staked to earn rewards.
Team Allocation Policy: Tokens allocated to the team are subject to a 6-month cliff, followed by semi-annual distributions. In the event a team member leaves, their remaining token allocation will cease and be reallocated to new recruits filling their role. Simply put, team members must actively contribute to Elys to earn Elys tokens.
Initial supply: 18,866,900 ELYS
Max supply: 200,000,000 ELYS
The ELYS TGE is coming soon, be ready.
The ELYS token is the backbone of Elys Network, designed to fuel a sustainable, inclusive, and growing DeFi ecosystem.
Elys Network's economic model is built to create long-term value for all stakeholders: users, contributors, liquidity providers and stakers
This deep dive will explore how ELYS is distributed, its utilities, and how it creates lasting value across the ecosystem.
The ELYS token is more than just a governance token; it serves multiple functions that support the long-term success of Elys Network. Here’s how ELYS token utility fosters growth and sustainability:
Fee Sharing: ELYS stakers earn non-inflationary real yield via 25% of all DEX revenues, paid in USDC. Revenue sources include:
Perpetual trading fees
Spot trading fees
Margin interest fees
Transaction network fees
Liquid staking fees
Staking Token Rewards: Elys's governance model rewards stakers and node operators through EDEN tokens, which vest over 90 days and can be redeemed for ELYS. Long-term stakers receive EDEN BOOST, a multiplier token for increased rewards. Both can be restaked to compound earnings.
Liquidity Mining: Liquidity providers earn rewards by contributing liquidity to Elys Network pools, ensuring the platform remains highly liquid for users.
Membership Tiers: Holding ELYS unlocks loyalty benefits such as fee discounts, exclusive NFTs, merchandise, and access to premium platform features based on membership tiers.
Fee Burn Mechanism: A portion of the collected fees will be allocated to a burn module, which would improve the overall Elys tokenomics over time
Governance Power: ELYS serves as the network's governance token. Staked tokens grant voting rights for key proposals, including upgrades, product launches, incentive programs, and ecosystem growth strategies.
The ELYS token was built with the community in mind. It powers every aspect of our platform, but its true strength lies in reward sharing.
You don’t need to hold ELYS to use our applications.
However, it’s the ideal way to earn daily rewards in USDC, generated from all our features.
With a total supply of 200 million ELYS tokens, the allocation is structured to ensure that all participants benefit while maintaining network growth and stability.
Key Allocations:
22.3% Strategic Reserve: Used to bolster long term sustainability of the treasury and help aid diversification via fundraising & OTC efforts. It will also be used for partner-specific grants, who can add long term value to the Elys Network. It will also be used to provide liquidity on CEX,via POL on Elys DEX and staked to decentralize the network at genesis.
18% Project Contributors: Reserved for core contributors to development and growth.
15% LM Rewards: Liquidity Mining Rewards to help jump-start the Elys ecosystem. These are temporary and meant to simply bootstrap the liquidity and support non-inflationary revenue sources.
13.4% Public and Private Sales: Reserved for early investors and network supporters, facilitating the platform’s initial growth and expansion.
9% Marketing and Growth: Focused on scaling globally, these funds will support marketing campaigns, strategic partnerships, and community engagement initiatives to boost awareness and adoption of Elys Network.
8.5% Staking Rewards: Encourages token holders to actively stake their ELYS tokens, promoting network security and governance participation while rewarding users for their commitment.
7.5% Community Fund: This includes payouts for DAO councils and for community initiatives & projects. Receiving funds from this pool will follow defined governance and approval processes.
5% Airdrop: A gesture of gratitude towards early adopters and engaged users, this allocation is designed to stimulate early network activity and foster loyalty.
1.3% Advisors: Acknowledging the valuable guidance of advisors who bring industry expertise and strategic insights to ensure Elys Network’s success.
Funding rounds:
Pre-Seed: 8.5% at TGE, 6 Months cliff, 12 Months linear vesting
Seed & Advisors: 10% at TGE, 5 Months cliff, 12 Months linear vesting
Strategic: 12.5% at TGE, 4 Months cliff, 12 Months linear vesting
Public sale: 15% at TGE, 1 Months cliff, 6 Months linear vesting
Vested token cannot be staked to earn rewards.
Team Allocation Policy: Tokens allocated to the team are subject to a 6-month cliff, followed by semi-annual distributions. In the event a team member leaves, their remaining token allocation will cease and be reallocated to new recruits filling their role. Simply put, team members must actively contribute to Elys to earn Elys tokens.
Initial supply: 18,866,900 ELYS
Max supply: 200,000,000 ELYS
The ELYS TGE is coming soon, be ready.
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