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Epsiloan (ELN)

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Status
ICO

EpsiLoan is a decentralized borrowing protocol fueled by liquid restaking tokens, empowering users to generate the yUSD stablecoin while leveraging their collateral to earn yield. The loans are bolstered by a Stability Pool containing yUSD and by fellow borrowers who collectively act as guarantors of last resort.

Epsiloan White Paper Whitepaper

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Interest lvl
Low
Learn more about our rating
User Rating
Medium
3/5 1 votes
Ticker
ELN, xELN
Type
Utility-token
Registration year2024

What is Epsiloan

Embarking on a groundbreaking journey in the stablecoin arena, we proudly present yUSD—a beacon of innovation by EpsiLoan Labs. At the core of our vision is the pioneering mission to forge the first stablecoin backed by Liquid Restaking Tokens (LRTs), opening the gateway to a realm of diverse yield sources. yUSD not only stands as a reliable stablecoin but also serves as a versatile asset for deploying a myriad of strategies tailored to your financial aspirations and requirements.

It's not merely a stablecoin; it's a dynamic entity that navigates through various yield streams, harnessing the power of Liquid Restaking Tokens to enhance its stability and utility. The collateralized backing provides a bedrock of reliability, ensuring the stability that users seek in a robust stablecoin.

EpsiLoan's yUSD is not just a stablecoin; it's a testament to a new era in decentralized finance. Join us as we redefine possibilities and usher in a revolution that transcends the conventional norms of stablecoin utility. The journey has just begun, and yUSD is poised to reshape the stablecoin landscape, offering a gateway to unprecedented financial potential.

Token Allocation

Total Token Supply 10,000,000,000 xELN
Total Tokens for Sale 400,000,000 xELN

Token distribution


50% - EpsiLoan DAO
15% - Treasury
10% - Core Contributors
6% - Early Supporters
9% - Launchpads/ Liquidity Bootstraping pool and IDOs
5% - Marketing and Partnerships
5% - Bounties, rewards and airdropping

Token Price and Payment Options

Token price USD 1 xELN = 0.0005 USD
Accepted Currencies USDT

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