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 Reward Center is a tool designed to help users maximize their rewards during the initial incentivized phase of Elys Network’s mainnet.
In addition to the juicy daily rewards you can already earn on Elys Network through EDEN (incentives) and USDC (fees redistribution), the Reward Center allows you to earn even more through two main features:
Missions: Stake ELYS (USDC will come shortly), add liquidity to pools, or perform token swaps to complete quests.
Affiliation Program: Invite your friends and earn USDC rewards based on the fees they generate each month.
A tutorial to bridge your USDC to Elys is available at the end of this article.
Connect: Visit the platform and link your wallet and Twitter account : Click here
Complete Quests: Stake tokens, add liquidity, and perform swaps.
Auto Updates: Your quests will update automatically based on random daily snapshots.
TVL-Based Rewards: The more funds you have staked or added to pools, the larger your participation.
Consistency: Daily snapshots are taken to track activity. Rewards are calculated based on the number of active days during the month.
Swap Thresholds: Weekly swap activity is considered, with undisclosed volume thresholds to prevent wash trading.
Rewards are calculated monthly based on daily snapshots
30 days of liquidity = rewards for 30 days.
1 day of liquidity = rewards for 1 day.
NFT holders enjoy TVL bonuses based on their NFT holdings:
Elysian Legends (Gold NFTs): 250% Bonus
Elysian Horde (Silver NFTs): 100% Bonus
Link to the NFT collections :
Elysian Legends on stargaze : Click here
Elysian Horde on stargaze : Click here
Each NFT applies a TVL bonus up to $400 per NFT.
Scenario 1: You hold 2 Elysian Legends with a $200 TVL.
Total Rewards are based on: $200 * 3.5 = $700 TVL (Bonus = $500 TVL)
Scenario 2: You hold 2 Elysian Legends with a $800 TVL.
Total Rewards are based on: $800 * 3.5 = $2800 TVL (Bonus = $2000 TVL)
Scenario 3: You hold 2 Elysian Legends with a $1600 TVL.
Total Rewards are based on: (800 * 3.5) + 800 (no multiplier) = $3600 TVL
You can buy ELYS directly on Gate.io or on MEXC and send them to your keplr wallet on Elys network.
Connect your Keplr wallet to the Elys Network app : Here
Copy your Elys Address from keplr wallet as you can see in the visual below
Go on Gate.io or MEXC buy some ELYS and withdraw them to your keplr wallet using the address you've just copied.
Elys uses Noble for its bridging solution, and the process is straightforward.
You can bridge from different ecosystem: Base / Solana / Ethereum / Arbitrum / Optimism / Polygon / Avalanche to Noble.
Visit 1 Click USDC.
Choose your source chain and set Noble as the destination chain.
Connect your Metamask and Keplr wallets. (Click on Auto fill and make sure that the noble address is the one you have on your keplr wallet).
Perform the bridge transfer. (It can take up to 15-30 minutes)
Note: Fees are minimal.
Once your USDC has arrived on Noble:
Go to the Elys Interface.
Click Deposit
Click on Deposit Crypto
Select USDC and transfer your funds to Elys.
Tip: While the process may take some time, bridge fees are free!
Enjoy the Reward Center and maximize your earnings! 🚀
The Reward Center is a tool designed to help users maximize their rewards during the initial incentivized phase of Elys Network’s mainnet.
In addition to the juicy daily rewards you can already earn on Elys Network through EDEN (incentives) and USDC (fees redistribution), the Reward Center allows you to earn even more through two main features:
Missions: Stake ELYS (USDC will come shortly), add liquidity to pools, or perform token swaps to complete quests.
Affiliation Program: Invite your friends and earn USDC rewards based on the fees they generate each month.
A tutorial to bridge your USDC to Elys is available at the end of this article.
Connect: Visit the platform and link your wallet and Twitter account : Click here
Complete Quests: Stake tokens, add liquidity, and perform swaps.
Auto Updates: Your quests will update automatically based on random daily snapshots.
TVL-Based Rewards: The more funds you have staked or added to pools, the larger your participation.
Consistency: Daily snapshots are taken to track activity. Rewards are calculated based on the number of active days during the month.
Swap Thresholds: Weekly swap activity is considered, with undisclosed volume thresholds to prevent wash trading.
Rewards are calculated monthly based on daily snapshots
30 days of liquidity = rewards for 30 days.
1 day of liquidity = rewards for 1 day.
NFT holders enjoy TVL bonuses based on their NFT holdings:
Elysian Legends (Gold NFTs): 250% Bonus
Elysian Horde (Silver NFTs): 100% Bonus
Link to the NFT collections :
Elysian Legends on stargaze : Click here
Elysian Horde on stargaze : Click here
Each NFT applies a TVL bonus up to $400 per NFT.
Scenario 1: You hold 2 Elysian Legends with a $200 TVL.
Total Rewards are based on: $200 * 3.5 = $700 TVL (Bonus = $500 TVL)
Scenario 2: You hold 2 Elysian Legends with a $800 TVL.
Total Rewards are based on: $800 * 3.5 = $2800 TVL (Bonus = $2000 TVL)
Scenario 3: You hold 2 Elysian Legends with a $1600 TVL.
Total Rewards are based on: (800 * 3.5) + 800 (no multiplier) = $3600 TVL
You can buy ELYS directly on Gate.io or on MEXC and send them to your keplr wallet on Elys network.
Connect your Keplr wallet to the Elys Network app : Here
Copy your Elys Address from keplr wallet as you can see in the visual below
Go on Gate.io or MEXC buy some ELYS and withdraw them to your keplr wallet using the address you've just copied.
Elys uses Noble for its bridging solution, and the process is straightforward.
You can bridge from different ecosystem: Base / Solana / Ethereum / Arbitrum / Optimism / Polygon / Avalanche to Noble.
Visit 1 Click USDC.
Choose your source chain and set Noble as the destination chain.
Connect your Metamask and Keplr wallets. (Click on Auto fill and make sure that the noble address is the one you have on your keplr wallet).
Perform the bridge transfer. (It can take up to 15-30 minutes)
Note: Fees are minimal.
Once your USDC has arrived on Noble:
Go to the Elys Interface.
Click Deposit
Click on Deposit Crypto
Select USDC and transfer your funds to Elys.
Tip: While the process may take some time, bridge fees are free!
Enjoy the Reward Center and maximize your earnings! 🚀
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