Cryptocurrency attributes
Other attributes
Elk users can swap tokens across chains seamlessly with sub-second speed. Any chain, anytime, anywhere!
Value transfer across chains.
Payment of exchange fees.
Governance votes to determine how network resources are allocated.
Elk Finance Protocol launched on its first chain (Avalanche) on March 19, 2021, and its second chain on April 10, 2021. A first version of the mainnet and more chains will launch in Q2, 2021. The full mainnet is expected in Q4, 2021. The maximum ELK supply is 42,424,242. 10 million tokens will be distributed through yield farming during 4 years. Another 10 million tokens are allocated to the Elk insurance fund (providing protection against impermanent loss), the rest is allocated to a community fund (20 million), the team (2 million), and airdrops.
ELK is currently available for trading on decentralized exchanges, with cryptocurrency and stablecoin pairs currently available.