Overview

The ELYSIA ecosystem is composed of various participants, governance structures, token economy, and diverse dApps such as ELYFI, an open market, and more.

1. Participants

Participants in the ELYSIA ecosystem include owners of real-world assets, offline DAOs, online DAOs, developer groups, key external participants, etc. The ecosystem is sustained and expanded through the agreed-upon roles and responsibilities of these participants.

1. Governance

ELYSIA governance is a Decentralized Autonomous Organization(DAO) owned and operated by sEL(staked EL) holders. ELYSIA governance is categorized into offline DAOs and online DAOs based on roles.

1. Token Economy

A diverse array of participants, alongside ELYSIA Token holders, will be rewarded by the increasing value of the ELYSIA ecosystem. The ELYSIA Token plays a pivotal role as a means to sustain and activate the ELYSIA ecosystem.

1. dApps (decentralized Applications)

Various dApps constitute the ELYSIA ecosystem. One notable example is ELYFI, a Decentralized Finance (DeFi) protocol that provides a virtual asset financial system based on real-world assets. ELYFI offers lending protocols enabling virtual asset loans backed by RWA and an open market service for the direct buying/selling of RWA.