elf will host an AMA on X on May 31st at 1 pm UTC. The session will feature speakers from Portkey, AwakenSwap, and Swft. The discussion will focus on the future of DeFi and predictions for the next big thing in the DeFi sector.
Refer to the official tweet by ELF:
Exciting news!🌈
🗣ï¸ We are hosting an AMA session on this Friday, 1pm UTC, featuring speakers from @Portkey_DID, @AwakenSwap and @swftbb!
Together, we will delve into “The Future of DeFi: Predicting the Next Big Thing in DeFiâ€🌐
🗓ï¸ Mark your calendar: 31 May 2024, 1pm UTC
ELF Info
Aelf is an one-stop solution for Web3 DApps, built upon a cloud-native, high-performance, next-gen blockchain system. With its various infrastructures and developer tools that underpin Web3, applications in Aelf ecosystem can run in a secure, fast, and cost-efficient manner.
The main feature of the Aelf project is the creation of scalable blockchains that can operate in parallel and efficiently process transactions. This is achieved through the concept of “one chain to one type of contract”, which enhances the network’s efficiency and speed.
The ELF token is used to manage network resources, including node management, token transfers, and the execution of smart contracts. ELF token holders can also participate in the Aelf governance system and vote on proposals for changes within the ecosystem.
The Aelf platform utilizes the Delegated Proof-of-Stake (DPoS) consensus algorithm, which reduces energy costs and increases network throughput. DPoS also eliminates the risks associated with mining centralization in traditional Proof-of-Work (PoW) blockchain systems.
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