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ELYFI

ELYFI ELFIPrice $ 0.00643

ELFI Price

0.00643
Price Range
LowHigh
$ 0.00636$ 0.00647

General Info

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# Token

+2

Description

ELYFI is a DeFi project to utilize real assets brought on-chain through the ELYSIA protocol

ELYFI (ELFI) Chart

ELYFI price Index provides the latest ELFI price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

ELFI to USD Converter

ELYFI (ELFI)ELFI

ELFI Price Statistics

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Market Cap

$ 327.48K

Fully diluted value

FDV

$ 643.26K

ATH Market Cap

$ 2.42M

Max Supply

ELFI 100,000,000

Total Supply

ELFI 100,000,000

Circulating Supply

ELFI 50.91M

(50.9% of Max Supply)

All Time High

$ 0.0892

3 Apr 2022


All Time Low

$ 0.00572

7 Apr 2025


From ATH

92.8%

From ATL

12.5%
Trending ELYFI Fiat Pairs

What is ELYFI (ELFI)?

ELYFI is a DeFi project to utilize real assets brought on-chain through the ELYSIA protocol. ELYFI is adding real estate to the DEFI concept. This is the expansion of the current crypto-to-crypto applications as ELYFI will introduce traditional assets to the open financial market. For real assets to be recognized for their value on-chain and used as digital assets, not only should the logic of the Smart Contract be valid, but the linkage between the blockchain and tangible assets should be thoroughly managed and supervised. Therefore, to maintain the ELYFI ecosystem correctly and sustainably, the structure and relationship between participants must be logical and appropriate, thus allowing stakeholders to draw a ‘fair and reasonable’ conclusion as to why ELYFI maintains the ecosystem in a particular way.

Key services of ELYFI:

  • Real Asset-Backed Loans. Borrowers can take out loans from the Money Pool using real assets as collateral. Bonds are created through legal contracts that use real assets as collateral, and the contracts are linked with ABTokens in the form of non-fungible tokens (NFTs). As ABTokens are deposited as collateral in the Money Pool and loans are made, financial services that link real assets and cryptoassets can be achieved.
  • Cryptoasset-Backed Loans. Borrowers can borrow other types of cryptoassets using their own crypto assets as collateral. Interest rates on such loans depend on the status of the Money Pool, and borrowers must repay the loaned assets in order to seize and recover the collateral. There is no specific loan maturity date, and if the prices of collateral or the loaned cryptoassets change, the collateral may be liquidated.
  • Money Pool Investment. Borrowers can deposit funds in the Money Pool and receive a return on investment (ROI) in exchange for liquidity supply. The ROI depends on the size of a loan made through the liquidity supplied. The borrower can terminate the investment by recovering their assets deposited in the Money Pool.
  • ABToken Investment. Lenders can directly purchase ATokens against ABTokens deposited in the Money Pool as collateral and receive the interest arising from the relevant real asset-backed loans. Funds can be recovered by redeeming the ATokens. All ATokens are destroyed after redemption.

ELYFI Price Today

ELYFI's All Time High (ATH) of $ 0.0892 was reached on 3 Apr 2022, and is currently -92.8% down.

The current circulating supply of ELYFI is 50.91 Million tokens, and the maximum supply of ELYFI is 100.00 Million.

ELYFI's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 327.48 Thousands.

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