Elysium is barely a day old and already has hundreds of tokens trading, and most people arriving have no idea which ones matter or where to start.
We built Index so anyone can be part of the Elysium ecosystem by holding one coin. Index follows the ten largest tokens on Elysium, and the fees from every Index trade buy those ten tokens and send them to holders every 10 minutes, in proportion to how much each wallet holds (any wallet above 1,000 $INDEX10 counts).
This matters to us for two reasons. Holders get to know the main projects on Elysium by owning a piece of each one, and the leading tokens get steady buying from every Index trade, so the ecosystem grows as Index grows. When a new project climbs into the top 10, Index starts buying it on the next refresh and holders receive it without doing anything.
Everything runs on chain: each purchase and payout is an Elysium transaction anyone can check, and the live top 10 is on https://t.co/Es9ZXhCKyQ (the CA is there too).
Payouts started today and 85 wallets received the latest cycle. We have a lot of updates planned for the coming days.
@MrAiic u have no clue what my bundles were and assume i clipped them so low, i kept tweeting 12h and it was still at 6k what else do u expect u nigger
Next Index update tracks how the index itself changes.
The top 10 on Elysium has already shifted several times since payouts started, so we're adding a log of every move: when a project joined the index, when one dropped out and the cycle that first bought it for holders. You'll be able to follow the ecosystem's leaders changing in real time from one page.
There is nothing to stake, claim or lock with Index: holding it in your wallet is the whole action.
Each cycle the tokens land in the same wallet that holds your Index, and they're yours to keep, sell or move like any other token. If you sell your Index, the next cycles simply stop including you, and everything you already received stays in your wallet.
Everything the Index site shows is open data you can build on.
The ten tokens with their prices and market caps, the live Elysium block and every payout cycle with its transactions are served as JSON, and a live stream pushes each change the moment it happens (the endpoints are at https://t.co/HnPtWMGnIs). A wallet tracker, a bot that posts each payout or a dashboard for a project in the top 10 can all run on it without asking us.
Supporting the Elysium ecosystem is the reason Index exists, and this page puts a number on it for each project: its token bought every 10 minutes and spread into hundreds of wallets that now hold a piece of it.
For a young project that means steady buying and new holders it never had to go looking for; for holders it shows which projects their Index has been collecting, so they know what they own and can follow the teams behind it.
Projects are live on https://t.co/ekzKlYtweS: every Elysium project Index has held, with how much of it Index has bought for holders, how many wallets it has reached and how many cycles it has stayed in the top 10.
BLOB, e/acc and VOLTA have been in every cycle so far, each with about $70 bought for holders and sent to 409 wallets, and the 15 projects listed include the ones that have since left the top 10, so each keeps its full record.
Projects are live on https://t.co/ekzKlYtweS: every Elysium project Index has held, with how much of it Index has bought for holders, how many wallets it has reached and how many cycles it has stayed in the top 10.
BLOB, e/acc and VOLTA have been in every cycle so far, each with about $70 bought for holders and sent to 409 wallets, and the 15 projects listed include the ones that have since left the top 10, so each keeps its full record.
Next Index update is for the projects inside the index.
We're adding a page that shows, for every Elysium project Index has held, how much of it Index has bought for holders, how many wallets it has reached and how many cycles it has stayed in the top 10. Teams will see what being in Index has done for them, and holders will see which projects their wallets have been collecting.
We run Index on a 10-minute cycle on purpose, because it works better for holders and for the projects in the index.
Buying the ten tokens in small pieces through the day moves their prices far less than one large daily buy would, so holders get more tokens for the same fees and each project sees steady buying around the clock. It also keeps the index current: a token that climbs into the top 10 is bought within minutes, and one that falls out stops being bought on the next cycle.
Sending tokens to a couple hundred wallets every 10 minutes means a transaction will fail now and then, so Index is built to finish the job anyway.
When a payout batch is refused, Index splits it in half and sends each half again, down to single wallets if it has to, so one wallet that can't receive a token never holds up everyone else's payout (anything that can't be delivered is kept and added to that token's next payout).
A cycle that stops halfway, after a network error for example, picks up where it left off on the next run, and the contract refuses any batch it has already paid, so nothing goes out twice.
If you're building on Elysium, here is how your project ends up in Index.
The index takes the ten largest Elysium tokens by market cap, as long as the token has a pool with at least $15k of liquidity, trades at least $500 a day and can be bought with HYPE (and its contract can't move holders' tokens without their permission).
Once you're in, Index buys your token every 10 minutes and sends it to around 175 holders each cycle, so your project gets steady buying and a growing list of holders who never had to find you on their own.
It's live already, scroll down on https://t.co/Es9ZXhCKyQ and you'll see it.
On a chain that opened two days ago, the quickest way to judge a project is to watch it do what it says, so the front page now shows the latest cycle landing with the tokens it bought for holders and the wallets it paid (383 wallets and $538 of Elysium tokens so far), each one linked to its transaction on Elysium.
The front page of https://t.co/Es9ZXhCKyQ now shows Index paying holders as it happens.
Each cycle appears the moment it finishes, with every token it sent, how many wallets received it and a link to the transaction, next to the running totals (376 wallets paid and $526 of Elysium tokens sent to holders so far).
Anyone opening the site sees the index working before reading a word about it.
The front page of https://t.co/Es9ZXhCKyQ now shows Index paying holders as it happens.
Each cycle appears the moment it finishes, with every token it sent, how many wallets received it and a link to the transaction, next to the running totals (376 wallets paid and $526 of Elysium tokens sent to holders so far).
Anyone opening the site sees the index working before reading a word about it.
Every Index holder is paid by the same rule, and you can check it against your own wallet.
At each cycle Index reads every holder's balance at the same moment, and any wallet with more than 1,000 Index is in. Each token the cycle bought is then split by share, so a wallet holding 3% of eligible Index receives 3% of every one of the ten, from the largest holder down to the smallest. The tokens go out from one contract in batches of 50 wallets, and each batch can only be paid once, so no wallet is ever paid twice for the same cycle.
Index is also a steady buyer for the projects leading Elysium: every 10 minutes it buys each of them at once, for as long as Index trades.
Since payouts started this afternoon, BLOB, e/acc, VOLTA, CHAMELEON and AETHER have been bought in all 15 cycles (around $58 of each so far), with MONTRA, ep/acc, BOXA, VOID and A/ACC bought whenever they held a top 10 spot. For those projects that means regular buying from people who might never have found them, and their tokens spreading into new wallets (360 so far) 👀
A big part of why we built Index is that most people arriving on Elysium don't know its projects yet.
The wallet view turns that into a short list of projects you actually own: BOXA, ep/acc, BLOB, CHAMELEON, VOLTA and the rest show up with how much you hold and what it's worth, so every holder ends up with a reason to look each one up and see what its team is building.
The Index update is live: paste your wallet on https://t.co/ekzKlYtweS and you'll see exactly what holding Index has paid you.
It shows what everything Index has sent you is worth today, broken down token by token across the Elysium projects in the index, along with your share of Index and roughly how much of the next cycle is coming your way. Every payout underneath still links to its transaction on Elysium, so the numbers are ones you can check yourself.
That's your piece of the Elysium ecosystem in one place, and it keeps growing every 10 minutes while you hold.
The Index update is live: paste your wallet on https://t.co/ekzKlYtweS and you'll see exactly what holding Index has paid you.
It shows what everything Index has sent you is worth today, broken down token by token across the Elysium projects in the index, along with your share of Index and roughly how much of the next cycle is coming your way. Every payout underneath still links to its transaction on Elysium, so the numbers are ones you can check yourself.
That's your piece of the Elysium ecosystem in one place, and it keeps growing every 10 minutes while you hold.
Next Index update is in the works, and it's built for holders.
Right now the proofs page shows every cycle and every payout batch, but it doesn't tell you what your own wallet has collected in plain numbers. The update adds that: paste your wallet and you'll see every Elysium token Index has sent you, what each one is worth today and what it all adds up to, along with your share of Index and roughly how much of the next cycle is coming your way before it lands.
The point of Index is owning a piece of the Elysium ecosystem by holding one coin, and this makes that piece visible at a glance (which projects you hold, how much of each, and how it grows every 10 minutes). More updates are lined up behind this one.
Two hours into Index payouts on Elysium, here is where things stand:
- 11 cycles, one every 10 minutes
- 342 wallets paid, around 200 in each cycle now
- 11 different Elysium tokens sent to holders
- about $400 of tokens bought and paid out
- 442 transactions on chain (104 buys and 338 payout batches)
MONTRA, BLOB, e/acc, VOLTA, CHAMELEON and AETHER made every cycle, with about $48 of each sent to holders so far, while VOID, BOXA, ep/acc and A/ACC came in as the ranking moved. Every one of those transactions is listed at https://t.co/ekzKlYtweS