elf will host an AMA on X on Might thirty first at 1 pm UTC. The session will function audio system from Portkey, AwakenSwap, and Swft. The dialogue will deal with the way forward for DeFi and predictions for the following massive factor within the DeFi sector.
Check with the official tweet by ELF:
Thrilling information!🌈
🗣ï¸ We’re internet hosting an AMA session on this Friday, 1pm UTC, that includes audio system from @Portkey_DID, @AwakenSwap and @swftbb!
Collectively, we are going to delve into “The Way forward for DeFi: Predicting the Subsequent Huge Factor in DeFiâ€🌐
🗓ï¸ Mark your calendar: 31 Might 2024, 1pm UTC
ELF Data
Aelf is an one-stop resolution for Web3 DApps, constructed upon a cloud-native, high-performance, next-gen blockchain system. With its numerous infrastructures and developer instruments that underpin Web3, functions in Aelf ecosystem can run in a safe, quick, and cost-efficient method.
The principle function of the Aelf venture is the creation of scalable blockchains that may function in parallel and effectively course of transactions. That is achieved by means of the idea of “one chain to one type of contract”, which reinforces the community’s effectivity and pace.
The ELF token is used to handle community assets, together with node administration, token transfers, and the execution of sensible contracts. ELF token holders may take part within the Aelf governance system and vote on proposals for modifications throughout the ecosystem.
The Aelf platform makes use of the Delegated Proof-of-Stake (DPoS) consensus algorithm, which reduces power prices and will increase community throughput. DPoS additionally eliminates the dangers related to mining centralization in conventional Proof-of-Work (PoW) blockchain techniques.