Elysian Finance is providing opportunities for its users to earn passive income through three different methods: Staking, Mining, and Lending. Holding ELYS tokens will be used as collateral for lending and staking purposes within the protocol. Users can choose between liquid mining or staking their tokens in an automated yield farming strategy where they will automatically participate in liquidity pools available on Uniswap.
Elysian Finance is a DeFi ecosystem designed to offer a wide range of services to the community. The platform’s investment fund has over a decade of experience in venture capitalism and the blockchain sphere. The goal of Elysian Finance is to provide the best return for its users whilst maintaining the utmost security and transparency.
The project is founded by Rishabh Doshi, a graduate from the University of Southern California with experience working with companies such as BlackRock, Charles Schwab, Bank of America, and JP Morgan Chase. He has also consulted multiple startup projects and performed due diligence on hundreds of them prior to making investment decisions.
The next step in Elysian Finance’s roadmap is launching an IDO on Polkastarter in order to raise funds and bootstrap liquidity for its liquidity mining pools. Following this launch, there will be further developments.
Elysian Finance is a DeFi ecosystem designed to offer a wide range of services to the community. The platform’s investment fund has over a decade of experience in venture capitalism and the blockchain sphere. The goal of Elysian Finance is to provide the best return for its users whilst maintaining the utmost security and transparency.
Elysian Finance will offer high return farming, liquidity mining, and yield generating pools that are powered by ELY tokens. ELY tokens will be used as a collateral for the platform’s lending products, governance token for staking within the DAO, and as an incentive tool for users who use our products.
Elysian Finance is backed by an experienced team with decades of experience in Investment Management, Venture Capitalism, Blockchain technology, Trading Strategies, and Software Development & Architecture.
Elysian Finance is a DeFi ecosystem designed to offer a wide range of services to the community. The platform’s investment fund has over a decade of experience in venture capitalism and the blockchain sphere. The goal of Elysian Finance is to provide the best return for its users whilst maintaining the utmost security and transparency.
The Elysian Finance ecosystem consists of three main sections:
A high-risk/high-reward yield farm with an initial liquidity pool of $1,000,000 which will increase over time.
A low-risk/low-reward staking pool that maximizes rewards from staking cryptocurrencies and DeFi tokens that are not supported on other platforms.
A CEX aggregator for arbitrage trading. With the help of this tool, users can take advantage of price differences between several crypto exchanges. In the future, we will also integrate direct trading functionality via API keys for those who wish to trade manually instead of using our automated system.
The team has carefully chosen high quality assets from Coinmarketcap’s Top 100 list to invest its funds in, as well as a variety of promising projects from different categories (decentralized protocols, stablecoins, NFTs etc.) and coins based on different blockchains.
Elysian Finance is a DeFi ecosystem designed to offer a wide range of services to the community. The platform’s investment fund has over a decade of experience in venture capitalism and the blockchain sphere. The goal of Elysian Finance is to provide the best return for its users whilst maintaining the utmost security and transparency.
Users can invest in EFI tokens by purchasing them on Uniswap, providing liquidity, or staking their tokens. The total supply of 100,000 EFI tokens increases every year at a rate of 2%. The growth rate is set to be locked-in as soon as there are over 50,000 investors on the platform. In simple terms, EFI is a deflationary token because it will gradually lose value as more people join the platform and earn rewards.
The platform also has an exclusive club called Elysian Elite which offers additional benefits to those who hold at least 300 EFI tokens. This includes exclusive access to private pools with better rewards, reduced gas fees when redeeming LP tokens, and priority support from the team.
Elysian Finance will launch with three pools namely ETH/USDC, ETH/DAI, and ETH/USDT. Each pool will have a maximum cap of $2 million which means that.
Elysian Finance is a DeFi ecosystem designed to offer a wide range of services to the community. The platform’s investment fund has over a decade of experience in venture capitalism and the blockchain sphere. The goal of Elysian Finance is to provide the best return for its users whilst maintaining the utmost security and transparency.
Elysian Finance’s core team strives to maintain investor confidence and offer high-quality software solutions. Elysian Finance will operate as a fully decentralized autonomous organization which gives token holders voting rights on proposals, treasury management, and future development.
Elysian Finance Governance
The ELYS token is the governance token of Elysian Finance. ELYS holders will have voting rights on governance proposals submitted by the community via Snapshot and on treasury management, meaning how much should be distributed out of the treasury for each project and how much should be kept in reserve for future developments on Elysian Finance.
Elysian Finance Treasury
The ELYS Treasury will be funded from a portion of fees from all protocols that are built on Elysian Finance. The first protocol developed at launch will be Yield Farming or Staking Protocol that will be built with the existing farming pools from V1 (currently used at elysianfinance.
For More Information :
Medium : https://medium.com/@elysianfinance
GitHub : https://github.com/ElysianFinance
Twitter : https://twitter.com/Elysian_Finance
Discord : https://discord.gg/gNFfBfV4he
Telegram : https://t.me/elysianfinance
Author
Bitcointalk username: adoe
Bitcointalk link: https://bitcointalk.org/index.php?action=profile;u=1405621
ETH Wallet Address: 0xd98AE90926E9e8fCCf32004950A02C2D341E61A7