Elyra mainnet is planned for November 9 on @Enter_Elysium
Each isolated market pairs one collateral asset with one borrow asset, with separate limits and borrowing rates.
The official ELYRA token will also go live on day one of the mainnet launch.
Elyra testnet results
441 unique wallets
3,702 transactions
424 borrows
6 isolated markets
All figures are from Elysium testnet. Our thanks to everyone who took part.
https://t.co/ZljLk6nDDx
Elyra testnet update, October 25.
Since opening to the public, more than 100 independent wallets have used Elyra markets. Together they have completed over 1,800 transactions, and 69 wallets have borrowed against their holdings.
No position has been liquidated. Each market on Elyra is separate, so a loss in one market stays in that market.
Thank you to everyone testing Elyra and sharing feedback. Mainnet launch on Elysium is planned for November 9.
Try it on testnet: https://t.co/es36by7tkD
Learn more: https://t.co/7ObrUJ5oDg
@Enter_Elysium
@NetRozee Thank you for flagging this. We are rolling out a new version of the Elyra website, and some pages were briefly unavailable during the update.
You can reach the app now at https://t.co/ZljLk6nDDx Please let us know if anything still does not load.
Introducing Elyra, the lending market built for @Enter_Elysium.
Most lending platforms put every asset into one shared pool, so a single volatile token can put every lender at risk. Elyra takes a different approach.
Every market on Elyra stands on its own. Each one pairs a single collateral asset with a single borrow asset, with its own limits and rates, so risk in one market never reaches another.
What you can do today:
• Supply HYPE, USDC or ELYRA and earn yield
• Borrow against your assets without selling them
• Use HYPE straight from your wallet, no extra steps
• Earn Elyra Points from your very first deposit, with double rewards for borrowers
Testnet is live now. Elysium mainnet arrives on November 9, and Elyra will be ready on day one.
Start exploring at https://t.co/7ObrUJ5oDg