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Elk Finance is a decentralized network for cross-chain liquidity. The Elk ecosystem introduces a seamless process for anyone exchanging cryptocurrencies. Elk Finance combines several innovative features:
Cross-chain utility token for value transfer (ELK)Cross-chain value transfer via ElkNet in seconds between all the chains Elk supportsCross-chain stablecoin for value transfer and loans (CHFT)Non-Fungible Tokens (Moose NFTs) with unique abilities and featuresImpermanent Loss Protection (ILP) for the liquidity providers.ELK is a utility token built for cross-chain value transfer. All ELK sent through ElkNet will eventually burn a small amount of ELK. As an ERC20 token, ELK is freely tradeable on exchanges and fully compatible with EVM wallets as well as compatible wallets on supported chains. ELK will eventually be available on non-EVM chains.
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