Elys Network
@elys_network
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One Investing App. Every market. Built for everyone Powered by Elys v2.
Soon on Base
Joined December 2022
"But in the case of Elys, not only was there no IL, but it resulted in an 18% APR!". Examples often speak louder than words. You loved our SSP; you'll love SSP v2.🫡. A huge thank you to the @hydromarkets team.
Last month, Hydro deployed ATOM and USDC into a pool on @elys_network. This was the first “atomic bid” on Hydro, a bid for two tokens at the same time. A pool like this involving one stable and one volatile token can experience impermanent loss if the market shifts (although.
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To address common questions from X and Discord:. Will the Elys Network chain be sunsetted?.There are no plans to sunset the Elys Network chain as of now. You can still add liquidity, use the Perp, and earn EDEN incentives (for now) for the second snapshot and $USDC fees. Should.
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Collecting slippage to redistribute as fees to liquidity providers is the unique power of our 🛡️Smart-Shielded Pool🛡️. Swap fees go to Stakers. This cannot be replicated. Imagine 10x or 100x more volume.🤯.That's the expansion phase goal.😎
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Our stakers are earning a 3% USDC APR from fees. Imagine what it might look like once the expansion begins.🤯. People think they are ready. We think they are not.😎
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The weekly competition has ended! .Congratulations to the winners!. The competition will be paused starting this week as we prepare a major announcement for Elys Network users.😎. Stay tuned, it's time to accelerate!⚡️.
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RT @hackenclub: 🛡️ We’ve audited protocols for @kopi_money, @elys_network & @PetraWallet, a smart contract for @grandgangstaci, and a dApp….
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The competition has been fierce since the launch. So far, over 58 traders have been onboarded. Who will close their trades before the end of this week?🤔.Who will keep them running into next week?🫢. More information about next week's competition will be available tomorrow.🫡
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RT @HydroTeam_: Our friends at @elys_network just posted two new atomic bids!. They’re requesting ATOM and USDC from Hydro to be deployed i….
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We are halfway through the first competition.😎. A few points to remember:.- Only realized PnL count in the competition. - Only the top 20 traders will appear in the Leaderboard. Enjoy🫡.
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You can earn 89% APR by shorting $ATOM on Elys right now. Hyperliquid pays you a 10.95% APR to go long on $ATOM. And you can participate to the PnL competition. 🤩. If you know, you know.😎
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People often ask:.What makes your Smart-Shield pool so innovative?. Liquidity providers on other AMMs:.▪️Earn swap fees. Liquidity providers on Elys:.▪️Earn swap fees.▪️Earn slippage fees.▪️Earn weight rebalancing fees.▪️Earn borrowing interest. Your liquidity becomes dynamic.
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Euclid Protocol is building the rails to make every product accessible across 50+ chains. This enables Elys Network to be easily accessed from any chain. More chains means more volumes, more fees, more users !. Live on testnet now👇.
Yes it is true. The unified financial powerhouse that @elys_network is building will be accessible across 50+ networks through Euclid's Liquidity Consensus Layer. A short thread 🧵
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There are numerous opportunities for liquidity providers on Elys. Here are a few examples:.▪️10% real yield in the USDC Vault.▪️10% real yield in the $ATOM pool.▪️60% real yield in the $XION pool.▪️40% real yield in the $TIA pool. Every yield is paid in USDC. Come and join us!.
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Do you like competitions? Asking for a friend.😏.
Our perpetual feature is now live! 🎉. Everyone can try it out:.▪️ Take a long/short position on $BTC, $ETH, or $ATOM.▪️ Farm the funding rate (it's a juicy business). But the real fun starts on Monday. 🤫. So give it a try and get familiar with it before Monday. 😎
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If you're interested in learning more about how it really works, take a look at this article by our Marketing Lead:.
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Funding Rate Farming is:.▪️Easy.▪️Rewarding. Take an $ATOM short on Elys Network. Take an $ATOM long on another platform. (same size / same leverage). You will earn 171.80% APR on Elys (up to 859% with leverage).
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