🚀 Why is $ELA pumping and why this is just the beginning?
ECO chain, the new Elastos DeFi sidechain has been live only 10 days, and the numbers are already massive:
- Accounts: from ~5K to 10K
- Active wallets: 3K+ daily
- Contracts: 11K+ deployed
- Gas fee: 190 ELA / 24h → real usage
- Stablecoin: BTCD (BTC-backed) > 4.4M supply with almost 4K holders
🔥 What does this mean for ELA?
- ECO chain gas = ELA
- Stake ELA → Arbiter = chance to win BTC rewards
- Gold & Silver Act = staking ELA boosts BTCD minting from 40% → 65%
- ELA + BTCD LP = mine PGA token
👉 The promised liquidity is arriving. BTCFi has just launched. This is only the start of the ELA supercycle.
#ELA #Elastos #BTCFi #DeFi
Elastos introduces $BTCD, a stablecoin backed by #Bitcoin and anchored to markets, rather than promises.
Curious? Check out the short 6min video that breaks down how it works 👇
Sasha Mitchell ( @sash__mit ), Founder and CEO of Elacity (@Elacityofficial ), talked about the user cases of Elastos and Elacity.
For content creators, you can "sell your value directly to the world", Elastos will provide you the real ownership of your digital assets.
Enjoyed sitting down with The Street in Vegas to talk about Elastos tech, from merge-mining with Bitcoin, the upcoming Bitcoin-backed stablecoin, and Elacity digital rights econony and how its all coming together! Who should know about this?
Do more with Bitcoin. @sash__mit interview with @TheStreet's @alpGasimov. How Elastos is building an ecosystem on top of Bitcoin.
🪙 Mint stablecoins
💸 Generate real yield
🔐 Manage on-chain assets
etc
All leveraging Bitcoin's security.
Read: https://t.co/twqi43vAjb
First time talking about $ELA and it might be one of the most slept-on assets this cycle.
Merge-mined with $BTC.
Real BTC DeFi without wrapped tokens.
A stablecoin backed by Harvard minds.
Trading at 99.5% discount to its original cost.
This is Bitcoin's utility layer. Time to pay attention to @ElastosInfo.
🚀 Elastos secures $20M from Rollman Management to unlock Bitcoin’s full potential! By:
🔹 Bitcoin DeFi : Native Bitcoin Finance, no wrapping, no bridging!
🔹 $ELA token: Secured by merged-mining with Bitcoin, acts as a reserve asset for BTCFi!
🔹 Web3 Digital goods economy!
With Bitcoin over $2T, Elastos is building its utility layer—bridging BTC, DeFi & Web3. Game on! 🔥