Rank: 1214
EEFI Price
Contracts/Explorers:
Ethereum
IDO
27 Feb 2024 — 1 Mar 2024
Raised
$ 6.45M
Price:
$ 260.15
ROI:
0.58x -41.9%
Platform:
N/A
ATH ROI:
5.78x +477.8%
Elastic Finance is a protocol offering yield strategies in decentralized finance (DeFi), enabling participants to earn sustainable yields regardless of market conditions. It utilizes rebasing tokens like Ampleforth (AMPL) to enhance yield through a core Elastic Vault, which buys and burns its reward token, EEFI, during positive market uptrends, and provides EEFI yield during downtrends. The protocol is designed to minimize risks like liquidation while offering automated strategies for earning yield.
Elastic Finance's current price is $ 151.11, it has increased +6.06% over the past 24 hours.
Elastic Finance's All Time High (ATH) of $ 1,503 was reached on 26 Mar 2024, and is currently -89.9% down.
The current circulating supply of Elastic Finance is 34.15 Thousands tokens, and the maximum supply of Elastic Finance is 170.00 Thousands.
Elastic Finance’s 24 hour trading volume is $ 225.85 Thousands.
Elastic Finance's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 5.16 Million.
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