/biz/ - Business & Finance

Multiple chains are inevitable, Avax has subnets, ETH has rollups, Polygon has Supernets. Cross chain infrastructure is key to the future of crypto.

ELK is a 2m market cap token in development phase which is building cross chain infrastructure.

This includes message passing, oracles, cross chain contract calls, and any-to-any chain value transfer.

Currently it's main product is a bridge, with the most interesting premise being the offering of 'bridge as a service' which will allows protocols to easily deploy their own cross-chain bridge, protocols building and using their own bridge will need to execute transactions on ELKs decentralised network, as such paying a gas fee in the platform token.

Usage of these fees are determined by governance, it can be burned for all I care.

Soon ELK will also release Node staking, which allows investors to own part of the network and earn flat APRs.

elk.finance