$ELF ELF Coin, fully known as aelf, is a native token of a decentralized cloud computing blockchain network, featuring high performance, resource isolation characteristics, and a more complete governance and development structure. In the aelf network, nodes are categorized by type, with specialized bookkeeping nodes (full nodes) able to run on server clusters to improve the overall performance of the blockchain network. aelf adopts a "main chain + multiple side chains" structure, effectively achieving resource isolation and "one chain one scenario", and establishes a delegated voting system for token holders to ensure efficient governance and healthy development of the network.
ELF Coin is mainly used for paying for resources and governance decisions in aelf, including operations such as smart contract deployment, upgrades, and execution (e.g., transaction fees, cross-chain data transmission fees), as well as the election of bookkeeping nodes, approval of new system features, and decisions on major product updates. The aelf project aims to create an efficient and highly customizable operating system to address some pain points of current public chains.
aelf's technical characteristics include:
• High Performance: aelf's full nodes can run on server clusters.
• Resource Isolation: each smart contract has its own blockchain.
• Governance & Development: delegated voting system for token holders.
aelf's token distribution is as follows: the total token supply is 1 billion, with a circulating supply of 260 million, where the private placement ratio is 25%, the foundation holds 25% (locked for 3 years), market + Airdrop accounts for 12%, mining accounts for 12%, the team holds 16% (locked for 2 years), and consultants and partners hold 10% (locked for 2 years).
aelf's market capitalization, circulation, and price information will vary with market changes, and specific values can be obtained through cryptocurrency market tracking websites for the latest data.