Elys

Elys is a layer 1 blockchain that brings a suite of Defi products and features fueled by Wallet and Chain Abstraction. It empowers both novice and pro users to easily manage their assets across different chains.

Amount staked

40,848 ELYS ($0)

ARR

0.00%

Commission

5%

Price

$0.00000

Delegators

20

Validator Address

elysvaloper1c32k8q2rhlhyswj6lpuc23elrlnaq2h9vl4c5x

How many ELYSs do you want to stake?

Delegation amount

640 ELYS

$0.0

Daily earnings

0.0 ELYS

$0.0

Monthly earnings

0.0 ELYS

$0.0

Yearly earnings

0.0 ELYS

$0.0

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TBA APR
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TBA APR

Frequently Asked Questions

Here are answers to some of the questions our community has asked us. Get in touch if there’s more you would like to know.

What is Elys?
Elys is a layer 1 blockchain that brings a suite of Defi products and features fueled by Wallet and Chain Abstraction. It empowers both novice and pro users to easily manage their assets across different chains.
What are validating and delegating?
New blocks on Elys are proposed by validators. To enable Elys to run seamlessly, validators need the technical capabilities to offer a secure, always on infrastructure. Not everyone is able to do this. Some token holders participate indirectly by delegating the tokens they have to a validator. Validators are running a service for delegators. They typically charge a fee to cover their operational costs.
Why should you delegate?
By delegating ELYS, you help secure the network. You get part of the rewards provided by the protocol for this assistance. If you are planning to hold on to ELYS for some time, delegating will help you accumulate more ELYS while contributing to the health of the network.
What happens to the ownership of ELYS after they’re delegated?
You are not giving away ownership of ELYS by delegating. As a validator, we will never have the ability to move your ELYS.
What are the risks of delegating on Elys?
ELYS penalizes any validator that misses too many blocks or double signs a block by slashing the staked amount on that validator. We have our own capital on the line, so we are fully incentivized to do our best to prevent such events. However, delegators must be aware that this slashing risk will always exist.
What happens to the ownership of ELYS after they’re delegated?
Elys penalizes any validator that misses too many blocks or double signs a block by slashing the staked amount on that validator. We have our own capital on the line, so we are fully incentivized to do our best to prevent such events. However, delegators must be aware that this slashing risk will always exist.
Can you undelegate anytime?
Undelegating (also called unbonding or unstaking) can be done anytime. However, it takes approximately 21 days for your ELYS to undelegate and become transferable. This time period exists in order to prevent long range attacks
What does TTT get out of this?
We charge 5% from the block rewards received by our delegators. For example, if a delegator receives 100 ELYS as a reward, TTT will receive 4 ELYS while the delegator will get 95 ELYS.
How to get compound interest from ELYS staking rewards?
With ELYS staking offering up to 0.00% APR, you can increase your earnings by an additional % by enabling the restake rewards feature on ReStake.app, accessed through your Keplr wallet. This feature automatically claims and restakes your rewards, compounding your earnings without any hassle or inconvenience. It's a secure and easy way to earn passive income.
Does staking with TTT allow me to participate in Elys Airdrops?
When you stake your ELYS tokens with TTT, you may become eligible for Cosmos-based airdrops, allowing you to receive free tokens as a reward for your participation. We support many blockchain networks, so you never know what exciting opportunities may come your way.