Elys Network announced that it will be launched on Gate Startup from 22:00 on December 15 to 18:00 on December 17 (UTC+8). During the initial launch, participating users can share 237,500 ELYS tokens, and trading will be open at 22:00 on December 17 (UTC+8).
As a Layer1 application chain focusing on DeFi infrastructure in the Cosmos ecosystem, Elys Network provides users with a one-stop cross-chain asset management platform through innovative chain abstraction and wallet abstraction technologies. The platform test network has accumulated 2.4 million independent wallets and 300,000 monthly active users.
To accelerate the development of the ecosystem, Elys Network will also launch a 1-3 month Bootstrapping plan to provide users with EDEN token rewards of up to 93.75% APR and USDC double benefits. Users can participate in ecological construction through diversified functions such as spot trading, perpetual contracts, liquidity mining, and staking.