Elysian Finance: Next Gen Reserve Backed Token for DeFi 3.0 and The Decentralized Web

About Elysian Finance

Distribution Mechanism

Elysian Finance Team

The team at Elysian Finance consists of computer science enthusiasts who work at the intersection of finance and cryptography. They have extensive experience with distributed systems, trustless architectures, smart contracts, and network security. The objective of the Elysian Finance team is to provide financial services that have a positive effect on the ecosystem and the industry as a whole. In order to accomplish this, Elysian Finance desires to innovate and effectively manage its human and financial resources.

Conclusion

When it comes to DeFi 3.0 and the decentralized web, Elysian Finance is one of the more interesting ideas. On-chain asset management and algorithmic asset emission are at the heart of Elysian Finance’s non-custodial protocol development efforts. As a result of Elysian Finance’s smart contracts, strategy performance and strategy construction and operation are completely transparent. The treasury asset basket ensures that each Elysian token (LYS) is backed to the tune of $1. Aside from ensuring that each LYS is backed by $1, the risk-free value (RFV) also gives the token intrinsic value.

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