ELYS Network — A potential Project

Elys Network is a fast layer 1 blockchain built in the Cosmos ecosystem supporting a decentralized suite of financial applications. Interestingly, A Decentralized perpetual and Lending protocol powered by Cosmos SDK is a big bet.

Recently, Decentralized perpetual Protocols are getting so much traction, mostly on EVMs.

Recently, Cosmos Ecosystem is definitely one of the biggest at this moment. Elys Network is building something incredible.

ELYS Token will be the utility token of Elys Network with a maximum supply of 200 Million Tokens.

Moreover, Elys Network has a good revenue sharing model.

Here is a summary (official)

Staked ELYS: Earns 35% dex revenue (USDC), earns EDEN, earns EDEN-Boost

Committed EDEN: Earns 35% dex revenue (USDC), earns EDEN, earns EDEN-Boost

Committed EDEN-Boost: EDEN
Committed Pool/Molecule Token: Earns 65% dex revenue (USDC), earns EDEN

ELYS Is yet to be launched. Likewise, Elys Network Mainnet.

There is also possible Incentives from joining Elys testnet.

Details about testnet hasn't been announced but join the Waitlist.

Go to : Elys.network

Join and fill the Waitlist form

You might also want to join their discord early. They gave early supporter role to those who joined early. They are yet to reach 10000 members.

There might be a chance.

Join : https://discord.com/invite/elysnetwork

Join Zealy event : zealy.io/c/elys-network

Any further information about testnet or validator will be updated.

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