elf will host an AMA on X on Could thirty first at 1 pm UTC. The session will characteristic audio system from Portkey, AwakenSwap, and Swft. The dialogue will concentrate on the way forward for DeFi and predictions for the subsequent large factor within the DeFi sector.
Discuss 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’ll delve into “The Way forward for DeFi: Predicting the Subsequent Huge Factor in DeFiâ€🌐
🗓ï¸ Mark your calendar: 31 Could 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.
