Elys Network is a self-custodial layer 1 blockchain within the Cosmos ecosystem, designed as a "universal liquidity layer" for decentralised finance (DeFi). Its key goal is to unify liquidity from multiple blockchains, making it easier for users to trade, stake, and earn rewards. Elys employs wallet and chain abstraction, allowing both novice and experienced users to manage assets across different chains from a single platform. Its infrastructure includes features like smart-shielded pools, which dynamically rebalance liquidity to reduce impermanent loss.

The platform is designed to simplify DeFi while promoting financial sovereignty for users. It provides token swaps between multiple blockchains, leveraging decentralised applications (dApps) and open-source protocols.

Elys Network enables users to access a wide range of DeFi features, including:

• Multi-Chain Token Swaps: Trade tokens seamlessly across multiple blockchains with low fees and fast execution.
• Staking and Liquidity Mining: Users can stake ELYS tokens and provide liquidity to pools to earn passive income.
• Advanced DeFi Tools: Features like leveraged liquidity provisioning (Leverage LP) and derivatives trading, including perpetuals, are available.
• Smart-Shielded Pools: Liquidity pools dynamically adjust asset weights in real-time using oracle data to reduce impermanent loss.
• Rebalancing Incentives: Liquidity providers are rewarded for helping to maintain balanced liquidity pools, improving ecosystem stability.
• Tokenomics and Rewards: Elys redistributes fees generated from its features to both Elys stakers and liquidity providers, creating additional income opportunities.

With its "universal liquidity layer" model, Elys allows users to interact with DeFi applications on multiple blockchains from a single, unified app.

Elys Network was co-founded in 2022 by:

• Mitchell Nishimura: Co-Founder & Co-CEO.

• Casey Arrington: Co-Founder.

• Hesham Aly: Co-Founder.