The decentralized derivatives trading platform, ELFi Protocol, is officially live on the Arbitrum network.
Innovative Features of ELFi
ELFi is the first to implement a Portfolio Margin and vAMM hybrid model on-chain. It also offers a unique zero-risk stablecoin liquidity pool and a mature risk management system for various contracts. The platform aims to meet market and user needs in areas such as risk isolation, asset pricing, and support for LSD assets.
Mainnet Launch Event
To celebrate the launch, ELFi is hosting an event with an initial prize pool of $5,000. For every $10 million in trading volume, the platform will add an additional $1,000 to the prize pool, up to a maximum prize pool of $100,000. Users holding ELFi’s beta test NFTs can earn accelerated rewards, and each valid user referral will also result in accelerated rewards.
Double NFT Rewards for Beta Users
Users who obtained the official ELFi NFTs during the beta test can receive an additional 1-2x reward during the event.
ELFi Protocol launches on Arbitrum with a pioneering hybrid model and unique features aimed at enhancing user experience and meeting market demands.
Comments