The competition has been fierce since the launch.
So far, over 58 traders have been onboarded.
Who will close their trades before the end of this week?🤔
Who will keep them running into next week?🫢
More information about next week's competition will be available tomorrow.🫡
The true vision of Elys is becoming a reality.
Connect to our chain once and unlock every DeFi primitive you need:
▪️ Swap
▪️ Liquidity mining
▪️ Vaults
▪️ Leverage LP
▪️ Perpetuals
Soon:
▪️ AI vaults
▪️ Orderbook
▪️ Prediction market
The #XRPArmy will be the first to try it.
A new proposal is now open for voting.
As we enter the final phase of our v1 with the soft launch of the Perpetual feature, we're starting to reduce APRs in EDEN to create a more sustainable environment for the $ELYS token.
In the coming month, we will decrease the EDEN APR while increasing the USDC APR, thanks to:
▪️ The upcoming Perpetual feature public launch
▪️ New AI vaults designed to trade continuously for our users
The bootstrapping phase successfully attracted users.
Now, we must scale and ensure:
▪️ Growth in volume
▪️ A rise in USDC APR
This is crucial for creating a sustainable ecosystem for both our token and application.
Most pools already earn between 3% and 50% USDC APR. Only the largest pools, such as $BTC and $ATOM, lag behind. The Perpetual feature will address this once publicly launched.
The first proposal to lower the EDEN APR is now up for voting:
- Reduce the maximum APR for LPs from 75% to 50%
- Increase the multiplier for the ELYS:USDC pool from 1.25 to 1.5
- Reduce the Vault multiplier from 0.45 to 0.35
- Lower the maximum APR for ELYS staking from 50% to 40%
It's time to scale and deliver Real Yield to our users while minimizing the impact of over-incentivizing.
Alright, no one has found a better real yield opportunity for $PAXG!
There simply is no better opportunity for tokenized gold. 😎
The winner is @VeritasResonat. We can't let you go without an NFT if you're part of this journey with us!
Up for a new challenge later?
Challenge of the Day:
Can you locate a platform (TradFi/DeFi) offering more than 14% real yield on your tokenized gold?
If you find it, you'll win an Elysian Legend NFT. Otherwise, we'll choose someone from the comments within 24 hours.😎
See for yourself👇
Our smart-shielded pools offer an advantage that no other AMM has:
- Arbitrage-free pricing.
Regardless of the token, Elys Smart-shielded pools will always provide the best pricing for you.
Enjoy low fees and low slippage as a trader.
Enjoy more fees as a liquidity provider.
We will submit the proposal to whitelist the first wave of users for the PerpDEX launch within 24 hours.
If you filled out the form, you should have received an email from us last week. (Please check your spam folder.)
🚨This is the final call before the launch.🚨