Let's go with one more ELYSIA RESPONDS. What is ELYSIA and ELYFI.
23 Aug 2023, 09:37
🔎 Let's go with one more ELYSIA RESPONDS!
What is ELYSIA and ELYFI❓🙋♂️
ELYSIA and ELYFI are two different but interconnected projects. 🌐🔗
ELYSIA is a platform that tokenizes real assets by converting real-world assets into asset tokens (NFTs), enabling them to be used on-chain, and the created asset tokens can be used in ELYSIA’s DeFi, called ELYFI. 💎🏦
ELYFI is the first DeFi project that can utilize real assets brought on-chain through the ELYSIA protocol. 🚀🏛 Participants in the ELYFI Protocol can obtain deposit rewards by supplying liquidity to the money pool or borrow liquidity using asset tokens as collateral, and can also contribute to the stability and development of the protocol through governance participation and staking. 💰🌟
Keep the questions flowing! 💬 If you're curious about anything related to ELYSIA or ELYFI, don't hesitate to ask on our "ASK ELYSIA".
Thank you~