Elys Network is a Cosmos-based layer 1 blockchain that serves as a universal liquidity layer for DeFi. It supports cross-chain token swaps, staking, liquidity mining, and advanced DeFi tools like perpetuals and leverage LP. Elys features smart-shielded pools to reduce impermanent loss and provides users with passive income opportunities through staking and liquidity rewards. Founded in 2022 by Mitchell Nishimura and Prashant, the platform is designed to make DeFi more accessible, efficient, and user-friendly.
