What currency is elf (What is ELF coin)
What currency is elf (a blockchain-based financial application)? Elf is a publi
What currency is elf (a blockchain-based financial application)? Elf is a public chain on Ethereum, which connects smart contracts with various assets and allows users to trade without sacrificing composability.
By creating an application called “ELF,” ownership transfer, control, and operation of any type of asset can be achieved: staking rewards, voting rights, profit distribution, and other functions. For example, buying NFTs, issuing one’s own tokens; investing in cryptocurrencies, acquiring franchise rights or equity, participating in community development, and so on.
What is ELF coin?
According to official sources, ELF coin is a digital currency (EOS) based on blockchain technology. “Elf” is a decentralized asset developed on the Ethereum network. Its goal is to achieve secure and efficient transfer of funds and transaction value without any central authority.
The initial team members of this project include some of the most experienced technical personnel, cryptographers, and early participants in Bitcoin in the cryptocurrency field. In the early stages of the project, they will use their native tokens for protocol profits and then gradually expand to other types of financial products such as real estate markets.
This article and pictures are from the Internet and do not represent qiAiAi's position. If you infringe, please contact us to delete:https://www.qiaiai.com/metaverse/23123.html
It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.
Related recommendations
-
Metro Completes $1.1 Million Pre-sale Round for Its Real Estate Based NFT Platform
According to reports, Metro, a real estate asset based NFT platform, has announced the completion of a $1.1 million pre-sale round of financing. The project will tokenize and \”NFT\”
-
Sun Yuchen’s wallet earns over $3.3M during USDC breakdown
On March 15, it was reported that Lookonchain monitoring data showed that it was suspected that Sun Yuchen’s wallet had earned more than 3.3 million dollars during the period when the USDC broke down. The address starting with 0xbcb7 was removed from Aave after the USDC was anchored, and 50 million USDCs were exchanged 1:1 for DAI. Subsequently, the USDC was removed from Coin An and also exchanged for DAI. The address then withdrew 214.9 million USDTs from Coin An, converting 100 million of them into 103.3 million USDCs, 75 million USDTs into 75.5 million DAIs, and then converting all USDCs into DAIs. Lookonchain: It is suspected that Sun Yuchen’s wallet earned more than 3.3 million US dollars during the period of USDC’s anchor release Analysis based on this information:The message reveals a possible transaction made by Sun Yuchen’s wallet during a period when the USDC (USD Coin) experienced a breakdown. Lookonchain monitoring data reported that the wallet earned more…
-
Ether.Fi Raises $5.3 Million in Funding, Attracting Trust from Big Names in the Industry
It is reported that the non-trusted liquid pledge platform Ether.Fi has completed a US $5.3 million financing. North Island Ventures, Chapter One and Node Capi…
-
Why Bitcoin has Decimal separator (why the total number of Bitcoin is limited)
Why does Bitcoin have a Decimal separator Why does Bitcoin have a Decimal separator? In order for people to have a more intuitive understanding of the principles of Bitcoin, we first need to understand what Bitcoin is. How does Bitcoin work There are many statements about digital gold in the field of Cryptocurrency, but in fact, no Fiat money can be used as value storage like paper currency. Over time, more and more evidence has proven the correctness of this viewpoint Although these statements are all incorrect, the fact is not so. In fact, according to data from CoinMetrics and BitInfoCharts, although Bitcoin has reached the $100000 mark, its trading volume is much lower than its level in 2017 (when Bitcoin was priced at $19000). Therefore, many controversies have arisen. However, this does not mean that Bitcoin is a good example, as it does have a wide range of usage cases. It also provides some useful information: 1. When someone…
-
Mysten Labs Acquires Assets from Sui Ecological Domain Name Service
On March 21, the Sui development team Mysten Labs acquired some assets of the Sui Ecological Domain Name Service (SuiNS). This acquisition will enable Mysten Labs to continue devel
-
Optimism Ethereum L2 Network Addresses Issues with Latest op-geth Update
It is reported that Optimism, the Ethereum L2 network, tweeted that the infrastructure provider was required to update op-geth to the new version before the Op…
-
Polygon Announces Wallet Kit and Support for Matic.js SDK on Polygon zkEVM
On March 14, Polygon announced that when the main network Beta of Polygon zkEVM was launched later this month, the Polygon wallet kit will also be available on Polygon zkEVM. The Polygon wallet suite will provide almost the same user experience as the Polygon PoS on the Polygon zkEVM, including bridging, Fast Finality, asset management, no mapping, etc. In addition, Matic.js SDK and Gas Station will also be supported shortly after the launch of the main network Beta of Polygon zkEVM. Polygon: The Polygon wallet kit will be supported when the beta of zkEVM main network is launched at the end of the month Analysis based on this information:Polygon, a protocol and a framework for building and connecting scalable Ethereum-compatible blockchain networks, has announced that its wallet kit will be available on Polygon zkEVM upon the launch of the main network Beta later this month. With the launch of the wallet suite, Polygon zkEVM users will enjoy a user experience…
-
Gender Inequality Prevails in Web3 Founding Teams
On March 6, according to a new report by BCGX, Boston Consulting Group (BCG) and People of Crypto, only 13% of Web3 founding teams include women. In the founde…
-
**Paribus: A Paralyzed Cross-Chain Lending Agreement**
On April 11th, according to Paidun monitoring, the cross chain lending agreement Paribus was attacked, resulting in a loss of approximately $100000. The reason for the attack is th
-
Aztec Connect Users Unable to Withdraw Funds Due to Vulnerability in Euler Finance
On March 13, Aztec said on social media that the vulnerability of Euler Finance would affect Aztec Connect users who tried to withdraw funds, and currently the affected users could not withdraw funds. Aztec cannot control the integration with Euler, and Aztec Connect functions normally. Aztec: Affected Aztec Connect users will not be able to withdraw money from Euler Analysis based on this information:Aztec, a blockchain and cryptocurrency platform, recently issued a statement on social media that its users may experience difficulties in withdrawing their funds due to a vulnerability in Euler Finance. The company stated that the integration with Euler cannot be controlled by Aztec, and the affected users are currently unable to withdraw their funds. However, the Aztec Connect platform is functioning normally. Euler Finance is a decentralized finance (DeFi) protocol that allows users to create and trade customized financial products on the blockchain. Vulnerabilities in such protocols are not uncommon and can occur due to unforeseen coding…