Assets available
to trade and farm
Impermanent
loss
Average APR
across chains
Fees to
LP providers
The ElkNet enables fast, safe, cheap, and trustless cross-chain value exchange across all blockchains.
We aim to break down barriers between chains, making it so that you no longer have to think about what chain you are on.
Improving cross-chain interoperability while reducing fragmentation is at the heart of our vision.
ELK Tokenomics
Total ELK Supply:
Total ELK Issued:
Market Cap:
42,424,242
8,284,736
2,969,124 USD
Community Fund - 20M
Yield Farming Rewards - 10M
4 years
Insurance - 10M
(e.g. Impermanent Loss Protection)
Team & Advisors - 2M
Airdrops - 424K
blockchains
0
unique users
0
price (average)
0
total transfers done
0
total market cap
0
elk transfered total
0
total transfers
0
0
total value transfered
0
0
total value moved cross-chain
0
Impermanent Loss Protection (ILP)
Prevents users from being penalised for providing liquidity.
Each day in a farm provides liquidity providers with ~2.5% of ILP coverage until 100% has been reached. Users can claim ELK rewards at any time; ILP coverage is prorated based on length of time in the farm.
Read MoreDynamic farming
Promotes a sustainable token trajectory.
Emission targets are used to adjust rewards dynamically on each chain at the start of each farming round.
Check out Farms$CHFT
A Multi-chain Native Stablecoin
The first cross-chain stablecoin based on an innovative “gyroscopic” design, which allows it to be minted natively on any network that Elk supports.
Read MoreProxy Tokens
Cross-chain virtual assets.
Proxy tokens transform any token into a virtual asset that can be moved to any chain.
Read MoreElkNet V2 Upgrade
done
Fee optimization & faster value transfer
Ethereum Arbitrum & Optimism Launch
done
New dApp/UI
done
Redesigned UI and UX for ElkDEX and ElkNet
ElkNet Nodes
in-development
Secure ElkNet by staking ELK
Community Governance
in-development
Elk SDK
in-development
For developers and platforms to build on ElkNet
Cross-Chain Swaps
in-development
Direct cross-chain swaps between all the networks supported by ElkNet
BaaS
in-development
Alpha release of Bridge-as-a-Service
Non-EVM
planned
Integrating ElkNet to non-EVM networks
$CHFT stablecoin
planned
Enable minting of cross-chain native stablecoin
BaaS
planned
Beta release of Bridge-as-a-Service
To be revealed
planned