Article Summary, Automatically Generated By AI
Summary of ELYSIA
- ELYSIA is a decentralized autonomous organization (DAO) for digital transformation of real-world assets.
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Core values and uses:
- Minting fee: varies by asset group, subject to votes by Active Participants.
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Staking program:
- Grants voting rights for governance.
- Rewards participation with Protocol revenue + Mining revenue.
Numbers and figures:
- No specific numbers or figures mentioned.
Case studies, anecdotes, and examples:
- No case studies
About Elysia
ELYSIA is a decentralized autonomous organization (DAO) designed to facilitate the digital transformation of real-world assets by providing cutting-edge technology and incentivizing mechanisms.
Its uses and core values are as follows:
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The ELYSIA Protocol will impose a minting fee on asset token issuers, with the cost varying depending on the asset group. Any adjustments to the fee structure will be subject to approval through votes cast by Active Participants.
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The ELYSIA Protocol features a comprehensive EL token staking program, designed to achieve two primary objectives: firstly, to confer voting rights for governance purposes, and secondly, to provide rewards for participation, comprising both protocol revenue and mining revenue.
The ELYSIA Protocol will impose a minting fee on asset token issuers, with the cost varying according to the specific asset group. Any adjustments to the fee structure will be contingent upon approval through a voting process involving Active Participants.
The ELYSIA Protocol operates a token staking program, which serves two primary purposes: firstly, it confers the right to participate in governance through voting, and secondly, it offers rewards to participants in the form of protocol revenue and mining revenue.