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Elys Ecosystem Tokens Price (ELYS)
Elys Ecosystem Tokens (ELYS) Chart
Elys Ecosystem Tokens (ELYS) Return On Investment(ROI)
What Is Elys Ecosystem Tokens(ELYS)?
Elys is a Cosmos SDK built, fast layer 1 blockchain, and is the first, and only, decentralized suite of financial applications in the Cosmos ecosystem with multiple unique features.
ELYS is the staking & governance token of ELYS Network. The goal of ELYS is to be a sustainable and scarce token with relatively low maximum supply and low liquid supply, while allowing users who deploy it to earn both inflationary and non-inflationary rewards. Over time as the ecosystem grows and earns substantial revenues, ELYS would become deflationary via a burn mechanism.
How Does Elys Ecosystem Tokens Work?
- Revenue Sharing. A core feature of Elys is the revenue sharing model. Under this model, non-inflationary system revenue earned by the network will be distributed among liquidity providers, validators, & delegators of the ELYS Network.
- Rewards. Elys is built on the principles of sustainability that will ultimately shape the new era of DeFi. The platform will generate non-inflationary yield from multiple sources, which will be distributed in USDC via a revenue sharing model to the network participants.
- Staking/Governance. Users who own ELYS may choose to stake (delegate) ELYS to any validator node on the network. This helps secure the network, which uses CometBFT's consensus engine, and allows users to partake in the governance of the Elys Network. Validator nodes in the active set, as determined by the "Max Validators" parameter and the quantity of ELYS staked with them, will be eligible for non-inflationary and inflationary revenue.
Elys Ecosystem Tokens (ELYS) Community
- Twitter: https://twitter.com/elys_network
- Discord: https://discord.com/invite/5zcxCParTY
- Telegram: https://t.me/ElysNetwork
Elys Ecosystem Tokens FAQ
What is the price of Elys Ecosystem Tokens (ELYS) coin?
CoinCarp does not currently have price data for Elys Ecosystem Tokens as it has yet to be listed on any cryptocurrency exchanges (CEX or DEX). Once Elys Ecosystem Tokens is live on an exchange, CoinCarp will provide real-time Elys Ecosystem Tokens (ELYS) coin prices from different exchanges.
Is Elys Ecosystem Tokens (ELYS) coin a good investment?
It depends on your personal risk tolerance and investment goals. Elys Ecosystem Tokens is a cryptocurrency that is highly volatile and therefore may not be suitable for all investors. Before investing, please do your own research about cryptocurrencies, crypto wallets, cryptocurrency exchanges, and smart contracts, and it is crucial to understand the risks and potential rewards of investing in cryptocurrencies..
If you decide to get involved in Elys Ecosystem Tokens investing, you will also need to understand the Elys Ecosystem Tokens project's white paper, team background, tokenomics, and the overall market environment.
Where can I buy Elys Ecosystem Tokens (ELYS) coin crypto?
CoinCarp's tracking data suggests that the Elys Ecosystem Tokens is currently not available for purchase on a cryptocurrency exchange. While you may be able to purchase Elys Ecosystem Tokens from other traders through Over-the-Counter (OTC) trading, the risks associated with this method are considerable. We strongly advise you to do your own research and understand the risks involved before engaging in any trading activities for Elys Ecosystem Tokens.
How to short Elys Ecosystem Tokens (ELYS) coin?
According to CoinCarp's tracking data, no crypto exchange yet supports Elys Ecosystem Tokens contracts or ETF trading. so you can't short Elys Ecosystem Tokens
What will Elys Ecosystem Tokens (ELYS) coin be worth in 5 years?
It is impossible to predict what Elys Ecosystem Tokens will be worth in five years. The cryptocurrency market is highly volatile and can be affected by a variety of factors, such as US dollar policy, government regulations, technological progress, market sentiment, Elys Ecosystem Tokens's circulating supply and the development of project ecology. Therefore, it is impossible to accurately predict the price of Elys Ecosystem Tokens 5 years from now.
ELYS Price Statistics
Elys Ecosystem Tokens Price
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$0 / $0
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$0 / $0
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$0 / $0
52 Week Low / 52 Week High
$0 / $0
All Time High
$0
All Time Low
$0