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Elk Finance
ELK

About Elk Finance

Elk Finance is a decentralized platform designed for cross-chain liquidity. The Elk ecosystem offers a smooth experience for cryptocurrency exchanges, integrating several innovative features: a cross-chain utility token (ELK) for value transfer, rapid cross-chain value transfer through ElkNet across supported chains, a cross-chain stablecoin (CHFT) used for value transfer and lending, Moose NFTs with special abilities, and Impermanent Loss Protection (ILP) for liquidity providers. The ELK token acts as a utility token for cross-chain value transfer—every ELK sent via ElkNet burns a small portion, reducing supply. As an ERC20 token, ELK is freely tradable on exchanges and compatible with EVM and supported chain wallets. It will also be made available on non-EVM chains in the future.

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