The main features of the Elys Network project include:

- Focused on DeFi's Layer1 application chain: It is a Layer1 application chain in the Cosmos ecosystem that focuses on decentralized finance (DeFi).

- Supports multiple use cases: supports multiple applications including DeFi protocols, digital asset tokenization, NFT generation and trading, etc.

- Strong technical foundation and developer-friendly: With a strong technical foundation and developer-friendly tool integration, it encourages developers to create and deploy diverse decentralized applications (dApps) on the platform.

- Provide users with safe, efficient, and flexible financial infrastructure: promote the mainstream application of blockchain technology, injecting new momentum into the development of the digital economy;

- Token sales are targeted at specific user groups: ELYS token sales are open to whitelist NFT holders, investors who have submitted the testnet user form, and ordinary investors. The subscription prices vary for different user groups;

- Received investment from well-known institutions: completed a $2.5 million seed round of financing, investors include Persistence, Cogitent Ventures, Comma3 Ventures, Kahuna, and other well-known institutions, and also received strategic investment from Atom Accelerator DAO (AADAO) from Cosmos Hub.

- Unique features: such as decentralized perpetual trading and leverage platform based on NextGen oracle, ETF-style multi-asset index pool; secure access to accounts using email and social media; passive income products on USDC and more advanced perpetual trading and LP leverage; support for buying and selling digital assets via credit card, bank transfer, and other methods; cutting-edge integration for a seamless entry experience for non-crypto native users; decentralized exchange (DEX) with non-custodial automated market maker (AMM) style supported by liquidity providers and liquidity pools; Oracle-based multi-asset index pool for diversification and reduced volatility; native margin trading features, including a universal cross-collateral pool; native bridge functionality to Ethereum Virtual Machine (EVM) chains and blockchain communication (IBC) enabled blockchains for optimal user experience and value capture, and support for the opening/closing of fiat ramps in major fiat currencies.
$ELYS spot trading link: https://
www.Gate.io/trade/ELYS_USDT
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Prize: https://www.gate.io/announcements/
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Project official website and whitepaper: https://www.gate.io/announcements/article/41689
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