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Epsiloan (ELN)

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.

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Overview

Project industryOther
Product typeProtocol
WhitepaperEpsiloan White Paper Open

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.

Details

Token supply: 10,000,000,000 xELN
Total tokens for sale: 400,000,000 xELN

Legal

Blockchain Platform: Arbitrum
Registration year: 2024

Token info

Ticker: ELN, xELN
Type: Utility-token
Token price in USD: 1 xELN = 0.0005 USD
Accepted currencies: USDT
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

Social media

Epsiloan web-siteEpsiloan MediumEpsiloan TelegramEpsiloan LinkedInEpsiloan Twitter

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