📊 Elys Network x Cosmos: Igniting a DeFi Revolution for $ATOM Utility & Liquidity 🚀
Elys Network has officially integrated with Cosmos, marking a significant step toward expanding DeFi capabilities for ATOM holders. Until now, ATOM’s primary use in DeFi has been limited to staking and liquidity provisioning. This partnership introduces new functionalities designed to enhance ATOM’s utility and unlock greater opportunities for token holders.
💬 Elys Network Announcement:
"We are thrilled to announce a major partnership with @cosmos! 🤝 Since the beginning, our goal has been to bring a true DeFi vision aligned with ATOM. Thanks to the new leadership at @interchain_io and Interchain Labs, this vision is now within reach."
🔹 Key Developments
✅ Cosmos as a PSS Chain within Elys Network
Elys Network will serve as the central hub for Cosmos-based DeFi, introducing:
🔹 USDC-yielding staking pools
🔹 Impermanent loss-free liquidity pools
🔹 Leverage LP Collectors
🔹 PerpDEX exchange integration
✅ $ATOM Becomes a Core Component
To reinforce ATOM’s significance within Cosmos DeFi, Elys Network is making strategic enhancements:
🔹 $$ATOM ill be adopted as the primary gas token on Elys Network
🔹 15% of protocol-retained revenue will be allocated to buying back & staking ATOM, boosting its value and liquidity
With these advancements, ATOM is positioning itself as a core asset in the DeFi ecosystem, strengthening its role in decentralized finance.
🌍 The Future of Cosmos DeFi Starts Here! 🚀💰
