Elys Network

About Elys Network

Elys is a layer 1 blockchain that brings a suite of Defi products and features fueled by Wallet and Chain Abstraction. Through its revolutionary self-custody universal liquidity design, it transforms the fragmented Web3 landscape into a cohesive and efficient ecosystem. This empowers both novice and pro users to easily manage their assets & trade across different chains with speed & ease all on one platform. Highlight/Vision: The Elys Network team is a blend of diverse profiles from finance, entrepreneurship, and blockchain, united to create something truly unique. Our founders bring expertise from top organizations, including Credit Suisse, SpaceX, Mitsubishi Bank, Flow Blockchain, Coinsmart, the US Air Force, and NGA. Token Economics: The ELYS token is more than just a governance token_ it serves multiple functions that support the long-term success of Elys Network. Here’s how ELYS token utility fosters growth and sustainability: 1. Fee Sharing 2. Staking Token Rewards 3. Liquidity Mining 4. Fee Burn Mechanism 5. Membership Tiers 6. Governance Powes Technical Overview: Interoperability and Universal Liquidity Layer: Use of Wallet and Chain Abstraction to prevent fragmentation of liquidity or capital and access native tokens from _ious eco_s all under one platform. Chains currently integrated - BTC, SOL, TON, AVAX, EVM & COSMOS. Oracle based arbitrage free pricing model: aggregate liquidity from _ious platforms to offer the best slippage on Elys. This also substantially reduces impermanent loss for liquidity providers Token Allocation: Pre-Seed Round 3%: 8.5% TGE unlock, 6 months cliff, 12 months vesting Seed Round 5%: 10% TGE unlock, 5 months cliff, 12 months vesting Advisors 1.25%: 10% TGE unlock, 5 months cliff, 12 months vesting Private Round 3.5%: 12.5% TGE unlock, 4 months cliff, 12 months vesting Public Round 1.5%: 15% TGE unlock, 1 month cliff, 12 months vesting KOL 0.5%: 12.5% TGE unlock, 1 month cliff, 12 months vesting Airdrop 5%: Unlock as needed Staking Rewards 8.5%: 0% TGE unlock, 38 months vesting Community Fund 7.5%: 0% TGE unlock, 36 months vesting Market & Growth 9%: 0% TGE unlock, 24 months vesting Liquidity Mining 15%: 0% TGE unlock, 38 months vesting Team 18%: 0% TGE unlock, 6 months cliff, 48 months vesting Strategic Reserves 22.25%: 31.46% TGE unlock, 36 months vesting