Welcome to Elys Network ---> https://elys.bonusblock.io?r=CeSBsDCx
Elys is a Cosmos SDK built, fast layer 1 blockchain, and is a premier decentralized exchange and suite of financial applications in the Cosmos ecosystem featuring:
Cutting edge integration for a seamless onboarding experience for non crypto-native users.A non-custodial Automated Market Maker (AMM) style Decentralized Exchange (DEX) powered by liquidity providers & liquidity pools using native USDC as the base pair token.Oracle based multi-asset Index pools which increase diversification and reduce volatility.Native margin trading capabilities including a universal cross collateral vault.Native bridging capabilities to Ethereum Virtual Machine (EVM) chains & Inter-Blockchain Communication (IBC) enabled blockchains, for optimal UX and value capture.Onramps for major fiat currencies such as USD, EUR, GBP, CAD, etc.
Innovating DeFi for All: Built for the Future
Elys Network is built on the principles of sustainability that will ultimately shape the new era of DeFi. The platform will generate non-inflationary yield from multiple sources, which will be distributed via a revenue sharing model to the network participants, like Liquidity Providers and Stakers. This means that all participants in the network will be rewarded using sustainable mechanisms from the beginning. Elys is designed from the ground up to not be reliant on inflationary reward mechanisms other than the initial bootstrapping phase. All participants in the network, including Liquidity Providers, Node Operators, Delegators, and the protocol itself have clear paths to long-term value accrual.
Elys Network Development
Currently in testnet, we have built our blockchain from the ground up, utlizing the latest version of Cosmos DSK and introducing several custom modules designed in-house. Elys code is open-source and always available for review on Github.
The Elys Network testnet blockchain explorer can be viewed here. The explorer includes a chain dashboard, active validator set with uptimes and commision, and governance.
Mission Statement
To create a self-sustaining, open sourced, decentralized suite of applications and tools that allow anyone to access financial services
Core Values
Accountable, Decentralized and Collaborative, Trust and Transparency, High Quality, Safe and Secure, Forward-looking, Simple and Easy

#DexTrade #DEFİ #Cosmos🥷 #BinanceLaunchpool #Oracle
Reg: ---> https://elys.bonusblock.io?r=CeSBsDCx <------

DEX exchanges have surpassed CEX exchanges in terms of volume, according to the analytical publication The Block. Why do centralized exchanges with their "zero" commissions and airplane-like controlling yield to simple DEX exchanges? Let's look at the example of the most modern exchange on the TON blockchain - Ston.fi, on the DEX side, and the most popular and recognizable, which has become almost synonymous with cryptocurrencies for ordinary people - Binance, on the CEX side.
Ways to earn
On Binance this is accomplished through steaking and in rare cases lunchpads, here are some examples:
- $ETH staking - APR 3.01%, low risk;
- Double investing BTC/USD - APR 3.65%-128.57%, risk varies, at high APR the risk is too high due to the peculiarities of double investing - in case of a sharp BTC drawdown, you will lose all your funds until BTC rises in value, as any downgrade of BTC, the bot will buy it.
- $DOGO staking - APR 7.38%. in my opinion this staking option looks comical, because the capitalization of this coin is about 300 million dollars, which means that the price can fluctuate a lot and investors can lose their money, the profit of 7% does not cover such a risk.
and now let's take a look at the farming programs on Ston.fi:
- TO#N/USDT Farming - APR 46.8%, even though the APR is not too high for the DEX world, but this pair is quite stable, providing a medium level risk, which is fully justified by the high APR.
Now let's take a look at Farming memcoin on Ston.fi
- The WALL/TON pair provides APR of 328%, the risk is high, but compared to the same unstable token on Binance APR is 44 times higher.
Swaps
On Binance, your coins can be exchanged in two ways: spot trading and conversion. To illustrate, let's take a look at the FDUSD/USDT steiblcoin pair, if we exchange 1000 FDUSD we will get only 998 USDT, this is due to slippage, but in fact there is a difference between the selling and buying rate. So, if we try to exchange 1000 USDT we will get 999 FDUSD, that is 0.1% loss. Do you think the rate is really fair, or the exchange has introduced an invisible commission?
On other pairs, the commission from the spot rate can be more than 0.5%. In spot trading, surprisingly the sell and buy rates are mostly the same with minimal difference (<0.05%). But Binance takes a fixed commission of 0.2% on each exchange.
There are no other real stablecoins on the TON blockchain yet, so let's take the USDT/TON pair as an example:
For $1,000, the exchange will send you 148.34 TON (at a flat rate of 0.148 TON per USDT). Slippage is also present, but the maximum slippage can be customized, as well as you will have to pay the blockchain commission, about 0.07 TON. Yes, and the commission will have to be paid, the same 0.2%. This is even worse than on CEX exchanges, but what is the appeal of DEX? First of all, no one cheats you with phantom commissions, a small thing - but nice. Secondly, you get a payment to your wallet, in any volume and without tracking. And to withdraw funds from Binance you will have to pay commission one more time.
But all this is trifles - the main problem of CEX, in the difference from the rate of DEX. The exchange rate depends on trading on the exchange, and the DEX rate is the real value of the token. And it can differ quite significantly, at the expense of which investors can lose money due to arbitrage.
#DexTrade #CEX: