bg_shape_vector bg-hero-ipad-image hero-bg

BUILDING
Elastic
Protocol

An ecosystem of unique yield strategies that help you earn yield, amplify, and stretch it across all market conditions

Audited by Omniscia
hero-image
hero-image
amplify-image
amplify-image-cloud
amplify-image-cloud

Amplify and Stretch Gains

We take a different balanced approach to finding and creating yield opportunities in the ever-changing crypto markets. Our strategies help users stay protected and hedged from volatility risks while having the ability to generate outsized returns in any market. Bull or Bear we amplify there…

bull-image
bear-image
astronaut-image

We take a different balanced approach to finding and creating yield opportunities in the ever-changing crypto markets. Our strategies help users stay protected and hedged from volatility risks while having the ability to generate outsized returns in any market. Bull or Bear we amplify there…

cloud-image

Core Strategies

Our initial strategies use powerful burgeoning trends like Real Yield, Rebase, and others to generate cutting-edged yield innovations. These yield strategies stretch beyond the drought in stable coins and set the value for our native protocol token $EEFI. Check them out!

Core Strategies

Our initial strategies use powerful burgeoning trends like Real Yield, Rebase, and others to generate cutting-edged yield innovations. These yield strategies stretch beyond the drought in stable coins and set the value for our native protocol token $EEFI. Check them out!

$AMPL

$AMPL

$OHM

$OHM

core-strategy-card-sign

Projected Yield (APY)

7,000,000%?

Current Deposits

0.00 AMPL

Max Capacity

0.00 AMPL

core-strategy-card-sign

Projected Yield (APY)

N/A

Current Deposits

0.00 OHM

Max Capacity

0.00 OHM

core-strategy-card-sign

Projected Yield (APY)

70%

Current Deposits

0.00 OHM

Max Capacity

0.00 OHM

Elastic Vault

1 / 6

2 / 6

3 / 6

4 / 6

5 / 6

6 / 6

Deposit Token
i-sign First token, additional rebasing tokens, or rebase-enabled tokens can be added in the future.

$AMPL

Flagship Hedging Strategy

This one-of-a-kind strategy combines the benefits of Rebase’s force multiplier effect and Real Yield’s sustainability. It helps users to protect against downtrends and amplify yield rewards during market up trends.

Elastic Vault

Deposit Token
i-sign First token, additional rebasing tokens, or rebase-enabled tokens can be added in the future.

$AMPL

Novel Leverage Effect

Those who choose to hedge assets with the Vault can get “leveraged” returns when markets are generally in an uptrend. This is without liquidations and margin calls. The more deposits in the Vault the higher the leveraged effect.

Elastic Vault

Deposit Token
i-sign First token, additional rebasing tokens, or rebase-enabled tokens can be added in the future.

$AMPL

Variable APY

Based on this model APY for the Vault can vary depending on usage. This means 0.7%, 7%, 700%, or 7,000,000% APY are all possible. APY will depend on how depositors choose to engage with the Vault long term.

Elastic Vault

Deposit Token
i-sign First token, additional rebasing tokens, or rebase-enabled tokens can be added in the future.

$AMPL

Basic Workflow

Initially utilizes both OG rebase tokens $AMPL and $OHM. And its own token $EEFI…

    Deposit $AMPL
  • During Downtrends: Receive $EEFI emissions | During Uptrends: Receive daily $EEFI Buy Backs & Burns + $OHM rewards | Mandatory 90 Day lock up on deposits so both functions work optimally…

Elastic Vault

Deposit Token
i-sign First token, additional rebasing tokens, or rebase-enabled tokens can be added in the future.

$AMPL

It’s the Interest

Vault activities are determined by $AMPL’s rebase status; when $AMPL’s supply is expanding aka “earning yield”, $EEFI is automatically purchased and burned daily using this “Interest” earned on deposits. This causes the ‘leverage effect’ and is reflected in $EEFI’s value. When AMPL supply is stable or contracting, $EEFI is minted

Elastic Vault

Deposit Token
i-sign First token, additional rebasing tokens, or rebase-enabled tokens can be added in the future.

$AMPL

More Rebase-enabled Tokens…

$AMPLs pioneering rebase states [Positive | Negative Rebase] are used to define uptrends and downtrends. These states can now be added to any erc20 token and henceforth those rebase-enabled tokens can be added to this strategy (subject to governance)

Olympus Rewards Vaults

Deposit Token
i-sign First token, additional rebasing tokens, or rebase-enabled tokens can be added in the future.

$OHM

Yield Received: $OHM, Other Bonds

These Vaults will collectively deposit $OHM rewards into various yield opportunities present in Olympus’ growing Real Yield econOHMy. This includes yield from $OHM LP pools, the recent Cooler Loans implementation for leverage opportunities and RBS.

Olympus RBS Vault

Deposit Token
i-sign First token, additional rebasing tokens, or rebase-enabled tokens can be added in the future.

$OHM

  • Yield Received: $OHM, $DAI
  • Similar to Forex market trading this vault will automatically participate in Ranged-Bound Stability (RBS), an automated, decentralized mechanism that helps $OHM to maintain its stability. Users can stake $OHM in exchange for $OHM or $DAI rewards
tokenomics-bg-vector

EEFI Tokenomics

EEFI is the special rewards token of the protocol that is minted and distributed in a decentralized fashion. It produces amplified yield during uptrends and protects from downside action during downtrends.

IBO TOKENOMICS

IBO Round 1 Price

1 EEFI = $12

IBO Round 2 Price

1 EEFI = $18

IBO Round 3 Price

1 EEFI = $26

TOTAL SUPPLY

170,000

tokenomics-point-icon
Decentralized Yield

Protocol’s native utility |
rewards token

tokenomics-point-icon
Buy | Burn Economics

Can be highly deflationary
during market uptrends

tokenomics-point-icon
Smart Index

Token can be viewed as an index of all strategy
performance on the protocol

tokenomics-point-icon
Social Coordination (E,E)

Promotes hyper social coordination around all
strategies on the protocol (E,E) (makes hedging fun and working together produces more benefits to all vault users)

tokenomics-point-icon
Expansive Utility
Dimensions

EEFI’s utility will expand as more strategies are
added to the protocol.

170k Total Starting Supply

Initial BONDing Offering (IBO)* Phases

Round 1

10,000 EEFI Bonds

@ $ 0

Vested (locked) for 1 Year

Round 2

12,777 EEFI Bonds

@ $ 0

Vested (locked) for six months

Round 3

25,000 EEFI Bonds

@ $ 0

No vesting or lock up periods. Available at launch.

(47,777 or around 28% of total starting supply is up for IBO)

Individuals who hold $EEFI will also receive an airdrop of the protocol's governance token $EFT ...Learn More

Future Use Cases (Strategies)

Elastic Protocol will continue to pioneer an expanding ecosystem of yield strategies that will cater to DeFi users across a range of blockchains, communities, and interests. Each will help in generating sustainable yield and expanding the utility of the rewards token $EEFI. Here is some of what we are planning and looking into:

strategies-card-image
strategies-card-mini-image
REAL YIELD

24 NFTs

card-hover-image
REAL YIELD

These are strategies that will explore other Real Yield ecosystems outside of Olympus DAO. For exampleGMX- the leading leverage platform that distributes 100% of fees. We are also looking at Vela Exchange, Gains Network and many others on Arbitrum.

Platforms:

strategies-card-image
strategies-card-mini-image
NFT

24 NFTs

card-hover-image
NFTs

We welcome NFT-Fi which is beginning to emerge in crypto. These strategies will let you ‘mint to yield’ on different protocols, perform leverage trades, cross-chain swaps, and multi-collateral multi-chain loans all with a single NFT.

Platforms:

strategies-card-image
strategies-card-mini-image
OPTIONS

24 NFTs

card-hover-image
Options

Options are finally having its day in crypto. Platforms like Ribbon Finance are making it dead simple for users to access crypto structured products, specifically Option Vaults. Yield strategies can be built around this infrastructure.

Platforms:

strategies-card-image
strategies-card-mini-image
BONDs

24 NFTs

card-hover-image
Bonds

With Bonds and Bonding being made popular by Olympus DAO we will continue to develop strategies that expand into their Real Yield econOHMy and Bond Protocol. We are also looking at Liquity’sChicken Bonds which has developed a way to get amplified yield and optimized yield strategies.

Platforms:

strategies-card-image
strategies-card-mini-image
Real World Assets

24 NFTs

card-hover-image
Real World Assets

RWAs. Many are paying attention to the growing trend of DeFi protocols tokenizing US T-bills on-chain. The buying of short-term treasuries off-chain through a KYC'd counterparty, and transferring the yield to on-chain participants. There is ample opportunity for us here…

Platforms:

strategies-card-image
strategies-card-mini-image
PERPS and Delta Neutral

24 NFTs

card-hover-image
Perps & Delta-neutral

The bread and butter for risk aversion and surviving bear markets. These strategies are well known and can benefit our users or the Elastic Finance DAO treasury

Platforms:

strategies-card-image
strategies-card-mini-image
STABLECOINs

24 NFTs

card-hover-image
Stablecoins

Traditional yield strategies that take direct stablecoins and all non-rebasing token deposits. These strategies may include leverage.

Platforms:

strategies-card-image
strategies-card-mini-image
Borrowing and Lending

24 NFTs

card-hover-image
Borrowing & Lending

Enabling collateralization and borrowing for $EEFI will open the Elastic Protocol to its own native EEFI strategies where the token can directly be used as collateral or deposits

Platforms:

strategies-card-image
strategies-card-mini-image
Ai Smart Vaults

24 NFTs

card-hover-image
Smart Vaults (AI)

Allows AI to perform yield strategies that are automated across different blockchains. We are paying attention to the trading bot space as this may be a key to effective Ai yield strategies

Platforms:

our-team-bg

Our Team

team-1

Davoice

co-founder

team-2

Solomon Adekale

co-founder

team-3

Anton

Lead Developer

Ecosystem Partners

Roadmap

2022

  • Ideation of Elastic Protocol
  • Full Code development of Elastic Vault Strategy
  • Audit
  • Complete Alpha Testing

2023 Beginning

  • Olympus Partnership Beginning
  • $25k Grant 2023
  • $150k Total seeded Liquidity sought from Olympus DAO
  • Third Party Partner Intros
  • Elastic Vault Strategy Updates + Olympus $OHM Integrations

Q3 2023

  • Partner launched KOL Marketing Campaign | Rally larger community base
  • Balancer $EEFI Pools launch
  • Launch of Elastic Vault Strategy (flagship) + $EEFI
  • Elastic IBO Fundraising Event [Rounds Begin]

Q4 2023

  • Front End upgrade
  • INO [Initial NFT Offering]: Social Elastic NFT campaign
  • Initial Olympus econOHMy Vaults: 
  • Olympus | Uniswap LP Vault
  • Elastic Community Engagement: Onboard contributors to drive protocol development, partnerships, community development and begin governance activities

Q1 2024

  • Elastic Research and Development: Explore additional vault strategies and develop risk and due-diligence procedures associated with strategy development and implementation
  • Elastic Vault (Sub-Vaults): Begin exploring additional tokens to add to core Elastic Vault strategy
  • Arbitrum Layer 2 yield strategy considerations
  • Begin developing comprehensive tokenomics for $EFT (Elastic Protocol governance token)
  • First $EEFI Bonds Program [Bond Protocol] (beta): treasury bolster fundraise

Q2 2024

  • Gearbox | OHM [Perp-Leverage] Vault
  • Bond Protocol (Bonding) Vault
  • Future Strategy (vote): Real Yield GMX | GPL Vault
  • Future Strategy (vote): Elastic Options Vault (sub-vault)

Q3 2024

  • Establish DAO to govern Elastic Finance and fully decentralize protocol
  • Elastic Yield Alliance (Strategic Yield Strategy Partners): begin governance vote for Multi-chain yield strategies

Q4 2024

  • Community voted Yield Strategy 1 (governance)
  • $EEFI Borrowing and Lending Partnership

Q1 2025

  • Community voted Yield Strategy 2 (governance)
  • Olympus RBS-OHM Real Yield Vault (strategy)
  • Launch EFT governance token Airdrop

Q2 2025

  • Hand over Elastic Finance DAO to Community: Complete decentralization of Elastic Finance DAO, its treasury, its yield strategies and community governance

Contact Us

Have a question or want to contribute? Reach out to us.


Please provide Name

Please provide Email