
Elys 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 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 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 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 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 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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We are thrilled to announce the launch of the second phase of our testnet today.
This is the last phase before the launch of the mainnet, and we can't wait to unveil it to you!
Today, 07/23/2024 represents the beginning of this phase, and your on-chain actions will count from today until the end of the phase.
If you want to check out the preliminary results of Phase 1, you can read about them in this article: Elys Network Phase 1 Results.
Everyone!
Whether you participated in Phase 1 or not, you are welcome to join Phase 2 now.
Register: If you haven't already, sign up at testnet.elys.network.
Connect Your Accounts: Go to Bonus Block and connect your Discord and Twitter accounts (mandatory) here:
Complete Daily Quests: Follow the daily quests such as Swap, Add Liquidity, Stake, etc.
Refer Friends: Invite friends for more fun and rewards.It's really simple.
Only on-chain interactions count, as in Phase 1.
There is a limit of one interaction per day per quest, no more.
Connecting your Twitter and Discord accounts is mandatory.
The specific criteria for Phase 2 will not be revealed immediately. We want your participation to be organic. As long as you complete your daily quests, you will be eligible, just like in Phase 1.
Our top priority is to filter out Sybil attacks to reward genuine users, as we did in Phase. This is why the criteria will be disclosed later.
You are likely familiar with the mechanism of NFTs. Each Elys Network NFT has a number of tokens attached that will be distributed after the mainnet launch. The number of tokens varies based on the rarity of each NFT.
For each phase, there are two different NFTs:
Tier 1: For the most dedicated participants
Tier 2: For real users who have less time or joined a bit later
Therefore, you have:
Phase 1: Tier 1/Tier 2
Phase 2: Tier 1/Tier 2
At the end of the testnet, you will have the opportunity to obtain the rarest NFT (with the most tokens attached) per tier.
For example:
Phase 1 Tier 1 + Phase 2 Tier 1 = Gold NFT Tier 1 (Serial tester)
Phase 1 Tier 2 + Phase 2 Tier 2 = Gold NFT Tier 2 (Serial tester)
You will always have the option to trade your NFTs on the Stargaze marketplace if you want to collect other NFTs to complete your Gold card or if you want to have multiple NFTs.
Here’s a sneak peek at the Tier 2 Gold NFT to give you a taste of what’s waiting for you.

If you encounter any problems:
Webapp Issues: Create a post in the feedback section on Discord.
Bonus Block Issues: Your on-chain actions are counted, so don't worry if there's a sync issue. You might experience some issues at launch, but don’t worry about that, Bonus Block will perform a synchronization at midnight today to make sure everything's running smoothly for everyone. And if any problems persist, we'll resolve them before the end of the testnet, of course !
Have fun on our testnet and thank you for all the help and feedback that continuously improve our product.
We are thrilled to announce the launch of the second phase of our testnet today.
This is the last phase before the launch of the mainnet, and we can't wait to unveil it to you!
Today, 07/23/2024 represents the beginning of this phase, and your on-chain actions will count from today until the end of the phase.
If you want to check out the preliminary results of Phase 1, you can read about them in this article: Elys Network Phase 1 Results.
Everyone!
Whether you participated in Phase 1 or not, you are welcome to join Phase 2 now.
Register: If you haven't already, sign up at testnet.elys.network.
Connect Your Accounts: Go to Bonus Block and connect your Discord and Twitter accounts (mandatory) here:
Complete Daily Quests: Follow the daily quests such as Swap, Add Liquidity, Stake, etc.
Refer Friends: Invite friends for more fun and rewards.It's really simple.
Only on-chain interactions count, as in Phase 1.
There is a limit of one interaction per day per quest, no more.
Connecting your Twitter and Discord accounts is mandatory.
The specific criteria for Phase 2 will not be revealed immediately. We want your participation to be organic. As long as you complete your daily quests, you will be eligible, just like in Phase 1.
Our top priority is to filter out Sybil attacks to reward genuine users, as we did in Phase. This is why the criteria will be disclosed later.
You are likely familiar with the mechanism of NFTs. Each Elys Network NFT has a number of tokens attached that will be distributed after the mainnet launch. The number of tokens varies based on the rarity of each NFT.
For each phase, there are two different NFTs:
Tier 1: For the most dedicated participants
Tier 2: For real users who have less time or joined a bit later
Therefore, you have:
Phase 1: Tier 1/Tier 2
Phase 2: Tier 1/Tier 2
At the end of the testnet, you will have the opportunity to obtain the rarest NFT (with the most tokens attached) per tier.
For example:
Phase 1 Tier 1 + Phase 2 Tier 1 = Gold NFT Tier 1 (Serial tester)
Phase 1 Tier 2 + Phase 2 Tier 2 = Gold NFT Tier 2 (Serial tester)
You will always have the option to trade your NFTs on the Stargaze marketplace if you want to collect other NFTs to complete your Gold card or if you want to have multiple NFTs.
Here’s a sneak peek at the Tier 2 Gold NFT to give you a taste of what’s waiting for you.

If you encounter any problems:
Webapp Issues: Create a post in the feedback section on Discord.
Bonus Block Issues: Your on-chain actions are counted, so don't worry if there's a sync issue. You might experience some issues at launch, but don’t worry about that, Bonus Block will perform a synchronization at midnight today to make sure everything's running smoothly for everyone. And if any problems persist, we'll resolve them before the end of the testnet, of course !
Have fun on our testnet and thank you for all the help and feedback that continuously improve our product.
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