This week’s updates bring us a big step closer to the launch of the basic mainnet, which will allow cross-chain swaps.
A new round of farming begins today, and along with it we are upgrading the $ELK token to prepare for the upcoming basic mainnet launch!
Since our Impermanent Loss Protection (ILP) system is running smoothly, the new farming round will be upgraded to the full 42 days, instead of the previous 21 days. This means that IL coverage will now vest at a rate of 2.5% per day.
This week’s Fantom Moose sale hints at a fourth chain launch for Elk Finance.
They’re back. This Saturday, June 12, 2021, Elk.Finance will release the third edition of its wildly popular Moose NFTs, this time on Fantom Opera Network. This new release of 100 Moose NFTs on Fantom follows previous sold-out editions on Avalanche and Polygon.
Starting from 15:00 UTC on Saturday, you will be able to mint a Moose on the Fantom ElkDex for 2000 $FTM (~$600 USD). There will be a hard-coded limit of (2) Moose purchases per wallet.
Moose are Elk.Finance’s native NFT with ongoing utility, which…
Elk is raising funds for Covid Relief in India. Let’s support them together!
In the wake of the recent spike of Covid-19 cases in India, Team Elk was deeply moved to see our friend Sandeep (co-founder of Polygon) create the Crypto Relief Fund. The mission of the fund is to provide healthcare and essentials to those fighting for survival against the Covid-19 virus. Thus far, the fund has raised a total of $1,039,721,689 at the time of writing. Sandeep and his amazing team have been stellar in their transparency, resource management, and provisioning of grants for aid.
Let’s continue to…
Prepare for takeoff! Elk will launch on Fantom Opera this Friday, May 21st, 2021, at 16:00 UTC.
The rocket ship was built by the community in 34 seconds, which is the amount of time it took to sell out our MATIC Moose NFTs, which raised the initial liquidity for Fantom. Thank you, Elk community! Read more below for details about the launch and the airdrop.
Starting from 16:00 UTC, https://app.elk.finance/ will support trading on FTM.
To reiterate the airdrop specifics from our previous article:
Elk is excited to announce that we are launching on the Fantom network very soon! And with a new chain launch comes Moose NFTs! If you are not yet familiar with our popular Moose NFTs, let’s get you up to speed:
Moose are Elk.Finance’s native NFT with ongoing utility. With Moose, we aim to tie together the various parts of our ecosystem and provide unique benefits to our community members. They provide their holders with special access to features on the Elk platform.
Here are some of the things that a Moose does:
Hold onto your antlers… it’s #ElkSeason!
Since our launch a month ago, Elk.Finance has been growing at an astounding rate. We have released our integrated ElkDex on Avalanche and Polygon, and we have introduced our game-changing Impermanent Loss Protection (ILP) feature.
We have also added some great community features, including our hugely popular first edition Moose NFTs released on Avalanche (sold-out) and our first airdrop for Strong Holders. Let’s keep it rolling, shall we? We have created a brand new Elk Discord server to serve our growing community. …
Team Elk is happy to announce a thrilling update and a big roadmap milestone that will benefit our liquidity providers. Starting on April 19, 2021, we will be implementing Impermanent Loss Protection! Read on for details and information about the new yield farms…
[NOTE: There will be new farms starting April 19, so providers will have to withdraw from the current farms and deposit into new ones to keep earning rewards and qualify for Impermanent Loss Protection. …
Team Elk is delighted to announce our upcoming launch on the MATIC network. We are going live this Saturday at 16:00 UTC.
Read on for more details about the launch and the airdrop.
On Saturday, April 10, 2021 at 16:00 UTC, we will be going live at https://matic.elk.finance. Here is a brief recap of the events of the day.
This time around, given the low fees on the MATIC network, we have decided to automatically airdrop $ELK to the eligible wallets. The full details for the airdrop and eligibility were provided in a previous blog post. …
What's up Elk.Finance community? Team Elk has been hard at work preparing our launch on MATIC and cooking up something special for you…
First, to answer the most commonly asked question by our community members, i.e., wen MATIC launch? We have set a provisional date for next week, which we will announce tomorrow!
However, today's star of the show is not MATIC but it also begins with an M… Moose! Read on to find out more.
Moose is Elk.Finance's native NFT with ongoing utility. Moose are not just your regular NFTs: they provide their holders with unique access and experience…
Not a day goes by that someone does not ask us on our Telegram chat about the next airdrop and what it means to be a strong holder. Meanwhile, the team is hard at work on our next integration: MATIC.
Read on for more details, including how we will compute liquidity scores for holders for the next airdrops (not just…