What is the name of ELF coin (ELF coin latest price)

What is the name of ELF coin? According to official information, the name of El

What is the name of ELF coin (ELF coin latest price)

What is the name of ELF coin? According to official information, the name of Elfcoin is “ELF”. Its tokens are primarily used for the development and promotion of projects.

Currently, there is a total circulation of approximately 100 million EOSTokens in the market. 20% is held by the community, 15% comes from the ecological fund, 30% is obtained through liquidity mining, and the remaining 10% will be obtained through staking mining. Shortly after its launch, the team announced the upcoming new product – ElementFinance.

From the official website, it can be seen that Element Finance has been positioned as a decentralized service network (DEX) and has become one of the most popular applications in DeFi.

According to the author of the “ElftProtocol Whitepaper”, blockchain technology will change the world in the future, and as an important infrastructure in the DeFi field, it will play an irreplaceable role. Therefore, the author hopes to combine these two concepts to create the next generation of internet service facilities.

ELF coin latest price

According to the latest price displayed on the Elf exchange platform, the coin ELF has seen a rise of 18.28% so far. It is introduced that Elf is an ERC20 token issued based on the Huobi Ecosystem Chain (Heco), with a total supply of 100 million coins. Since the launch of its mainnet on March 31, 2019, its network has attracted nearly a million developers from around the world.

It is known that ELF is a decentralized social payment application and financial technology complex. Since its official launch of the testnet at the end of September 2015, it has completed multiple equity tokenization pilot projects, including community governance voting and transaction fee deduction. In early 2020, liquidity mining activities began.

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