⚡️ RESEARCH: BTCFi is making Bitcoin a DeFi powerhouse.
Elastos secures ~50% of BTC’s hashrate and enables trustless lending, BTC-backed stablecoins, and crosschain transactions via BeL2.
Compared to Stacks & Rootstock, it offers full EVM compatibility, institutional adoption, and DID solutions, positioning it as a leader in Bitcoin DeFi.
[Research Marketing]
The #Elastos#SmartWeb token, #ELA, is designed to be both trustworthy (merge-mined with Bitcoin) and cost-effective for transactions (under one cent). Its tokenomics emphasize scarcity, with a maximum supply of 28.22 million.
SmartWeb miners are incentivized for providing essential services such as arbitration, escrow, AI agent, decentralized storage, computation, communication, and more.
SmartWeb ecosystem apps are cyber goods referred to as digital capsules. You can think of them as fruits, flowers, or leaves.
We will release the BeL2 Arbiter Beta version on December 30th! As an arbiter node, you will support the emerging BTCFi economy and smart Bitcoin services such as non-custodial lending.
We will provide further tutorials and details about what to do in the coming days. Here is a sneak peek of the portal. You will need $ELA to participate!
I really agree, which is why I built https://t.co/TXTBx9mgTS. There are very few educative resources on this, and ELA as a merged-mined asset with BTC is an insane store of value product. You have Bitcoin's electricity-securing ELA, which is worth billions in energy.
This shouldn't be casino-style meme speculation or overcomplicated, we have a value investment proposition and my belief is everything goes to its mean average over time, which based on the security $ELA gets from Bitcoin alone should be $308 a coin, making a 100x possible.