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
A bootstrapping phase is a critical event at the launch of a project designed to:
Boost adoption by providing high APRs for a limited time.
Accelerate token decentralization by distributing more tokens over a short period of time.
This phase is typically short-lived and serves as a powerful incentive for early adopters.
At launch, Elys Network will initiate a Bootstrapping Program, offering attractive rewards over a period of 1 to 3 months, depending on the outcomes of each phase.
Elys Network distributes rewards using two mechanisms:
Incentives: EDEN and EDEN-Boost tokens.
Fees: Paid out in USDC, collected from all platform features.
Learn more about the EDEN and EDEN-Boost mechanics at the end of this article.
Pool and staking Max APRs will be fixed for a few weeks, with a limited number of pools available to bootstrap the network.
At launch, Elys Network will support 5 pools:
ELYS/USDC
ATOM/USDC
BTC/USDC
ETH/USDC
TIA/USDC
Bootstrapping Phase APRs for early participants:
ELYS-USDC: 93.75% EDEN APR + USDC.
ATOM-USDC: 75% EDEN APR + USDC.
BTC-USDC: 75% EDEN APR + USDC.
ETH-USDC: 75% EDEN APR + USDC.
TIA-USDC: 75% EDEN APR + USDC.
At launch, Elys Network will support 4 Staking pools:
ELYS: 50% EDEN APR + USDC
USDC: 45% EDEN APR + USDC
EDEN: 50% EDEN APR + USDC
EDEN-Boost: 50% EDEN APR + USDC
EDEN-Boost earned on Staked ELYS / EDEN : 100% APR
In addition to liquidity rewards, users can participate in the Reward Center, with a first 3-month incentive program distributing extra token allocation to early participants. This program offers an additional layer of benefits, making participation even more attractive.
Joining the Reward Center is incredibly simple:
Visit the Reward Center page.
Connect your wallet and link your Twitter account.
That’s it—you’re ready to start earning!
Once connected, you’ll have access to two main sections:
Affiliation Program
Invite your friends to join the platform.
Earn a percentage of the fees they pay for their swaps (rewarded in USDC) every month.
Missions
Tasks include keeping your liquidity active in pools, maintaining your ELYS/USDC staked, and trading.
For each day of participation, your progress is recorded with a blue dot in the weekly progression tracker.
The more blue dots you collect, the higher your eligibility for larger rewards.
By participating in Simple Staking and Liquidity Mining, users earn dual rewards:
EDEN: A form of ELYS derivative token with unique utility. (more information below)
USDC: Directly generated from platform activity.
USDC APR varies depending on the utilization rates of Elys Network’s features, which include transaction fees, swap fees, margin interest, and others.
EDEN rewards are distributed at a fixed APR. EDEN tokens can be:
Staked to earn the same rewards as ELYS tokens.
Vested for ELYS tokens at a 1:1 ratio over a 3-month linear vesting period.
EDEN is a form of ELYS derivative token that offers the exact same utilities while protecting the ELYS token:
‘Commit it’ to earn the same rewards as ELYS.
‘Vest it’ into ELYS over 3 months at a 1:1 ratio.
EDEN-Boost is a multiplier token that is earned while ELYS is ‘staked’ or EDEN is ‘committed’. Its purpose is to reward long-term users.
The APR for at which EDEN-Boost is earned is 100%. EDEN-Boost can also be ‘committed’ further to earn additional EDEN. EDEN-Boost is a way to multiply the rewards for staking ELYS or ‘committing’ EDEN for a longer period of time.
Within the Elys Network ecosystem, the more you stake, the more you earn—it's that simple.
By staking ELYS, USDC, EDEN, or EDEN-Boost, you’ll accumulate increasing rewards daily, along with fees paid in USDC.
A bootstrapping phase is a critical event at the launch of a project designed to:
Boost adoption by providing high APRs for a limited time.
Accelerate token decentralization by distributing more tokens over a short period of time.
This phase is typically short-lived and serves as a powerful incentive for early adopters.
At launch, Elys Network will initiate a Bootstrapping Program, offering attractive rewards over a period of 1 to 3 months, depending on the outcomes of each phase.
Elys Network distributes rewards using two mechanisms:
Incentives: EDEN and EDEN-Boost tokens.
Fees: Paid out in USDC, collected from all platform features.
Learn more about the EDEN and EDEN-Boost mechanics at the end of this article.
Pool and staking Max APRs will be fixed for a few weeks, with a limited number of pools available to bootstrap the network.
At launch, Elys Network will support 5 pools:
ELYS/USDC
ATOM/USDC
BTC/USDC
ETH/USDC
TIA/USDC
Bootstrapping Phase APRs for early participants:
ELYS-USDC: 93.75% EDEN APR + USDC.
ATOM-USDC: 75% EDEN APR + USDC.
BTC-USDC: 75% EDEN APR + USDC.
ETH-USDC: 75% EDEN APR + USDC.
TIA-USDC: 75% EDEN APR + USDC.
At launch, Elys Network will support 4 Staking pools:
ELYS: 50% EDEN APR + USDC
USDC: 45% EDEN APR + USDC
EDEN: 50% EDEN APR + USDC
EDEN-Boost: 50% EDEN APR + USDC
EDEN-Boost earned on Staked ELYS / EDEN : 100% APR
In addition to liquidity rewards, users can participate in the Reward Center, with a first 3-month incentive program distributing extra token allocation to early participants. This program offers an additional layer of benefits, making participation even more attractive.
Joining the Reward Center is incredibly simple:
Visit the Reward Center page.
Connect your wallet and link your Twitter account.
That’s it—you’re ready to start earning!
Once connected, you’ll have access to two main sections:
Affiliation Program
Invite your friends to join the platform.
Earn a percentage of the fees they pay for their swaps (rewarded in USDC) every month.
Missions
Tasks include keeping your liquidity active in pools, maintaining your ELYS/USDC staked, and trading.
For each day of participation, your progress is recorded with a blue dot in the weekly progression tracker.
The more blue dots you collect, the higher your eligibility for larger rewards.
By participating in Simple Staking and Liquidity Mining, users earn dual rewards:
EDEN: A form of ELYS derivative token with unique utility. (more information below)
USDC: Directly generated from platform activity.
USDC APR varies depending on the utilization rates of Elys Network’s features, which include transaction fees, swap fees, margin interest, and others.
EDEN rewards are distributed at a fixed APR. EDEN tokens can be:
Staked to earn the same rewards as ELYS tokens.
Vested for ELYS tokens at a 1:1 ratio over a 3-month linear vesting period.
EDEN is a form of ELYS derivative token that offers the exact same utilities while protecting the ELYS token:
‘Commit it’ to earn the same rewards as ELYS.
‘Vest it’ into ELYS over 3 months at a 1:1 ratio.
EDEN-Boost is a multiplier token that is earned while ELYS is ‘staked’ or EDEN is ‘committed’. Its purpose is to reward long-term users.
The APR for at which EDEN-Boost is earned is 100%. EDEN-Boost can also be ‘committed’ further to earn additional EDEN. EDEN-Boost is a way to multiply the rewards for staking ELYS or ‘committing’ EDEN for a longer period of time.
Within the Elys Network ecosystem, the more you stake, the more you earn—it's that simple.
By staking ELYS, USDC, EDEN, or EDEN-Boost, you’ll accumulate increasing rewards daily, along with fees paid in USDC.
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