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Elk Finance news
About Elk Finance
What Is Elk Finance (ELK)?
Elk.Finance is a decentralized network for cross-chain liquidity, allowing trustless and secure value transfer across chains (e.g., Ethereum, Binance Smart Chain, Matic, Avalanche). Elk users can swap tokens across chains seamlessly with sub-second speed. Any chain, anytime, anywhere!
ELK is the native utility token that is used for:
Value transfer across chains.
Payment of exchange fees.
Governance votes to determine how network resources are allocated.
How Many ELK Tokens Are There in Circulation?
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.
Where Can I Buy Elk Finance (ELK)?
ELK is currently available for trading on decentralized exchanges, with cryptocurrency and stablecoin pairs currently available.
ElkDex offers the largest number of pairs and the deepest liquidity as of May 2021, while Pangolin Exchange and Quickswap both offer some pairs and liquidity in their respective chains.
The live Elk Finance price today is $0.118077 USD with a 24-hour trading volume of $45,891.16 USD. We update our ELK to USD price in real-time. Elk Finance is up 6.51% in the last 24 hours. The current CoinMarketCap ranking is #3684, with a live market cap of not available. The circulating supply is not available and a max. supply of 42,424,242 ELK coins.