Hello, Holders! Today, we are very proud to announce that Holder Finance partners Elevate DeFi. with Elevate DeFi (elevatedefi.io). Hence, ELE is a Defi 2.0 token that offers rewards to all its holders. Moreover, the $ELE token is completely decentralized. Therefore, there is not any kind of CEO or fundraising activity going on. In conclusion, the automation works via the ELE smart contract in a fully decentralized manner.
Here, we are covering the most important aspect of this DeFi project and its impact on the Holder Finance community.
Holder Finance partners Elevate
What is Elevate?
So, Elevate (ELE) is a DeFi project that offers its token based on a purely decentralized system. Thus, holders can easily buy them and receive rewards instantly from the very beginning.
Running by the community only
The ELE smart contract is complete at launch. There was no ICO, no pre-sale, and no fundraising of any kind. Therefore, there are no more features to add, and there is no individual or team to be relied upon to give ELE any value.
Different income earnings
What’s more, ELE provides an automatic dual stream of income for holders. On one side, the inflation mechanism will pay all holders, and on the other side, there is a 1% fee per each Elevate TX. 5 % of that fee is split between holders and 5% is burned.
Guaranteed inflation rates
So, the interesting aspect of ELE is its transactionless inflation mechanism. Therefore, automatic fee distribution meets aggressive token burning mechanics. Therefore, this automation creates a diverse and sustainable yield-bearing DeFi token. Moreover, it creates a balance between burn and supply according to the volume of transactions and guarantees the inflation of the token.
Holder Finance Partners Elevate DeFi
Today, Holder Finance partners Elevate DeFi to achieve:
- First, More trading opportunities for $HFI, $HFS, and $ELE.
- Second, A wider ecosystem where users can place limit orders within the available pairs.
- And, more exciting developments in the future!
Thus, more information on the next steps and the development of this partnership in upcoming posts.
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