DeFi
Elf to host AMA on X on May 31 — TradingView News
Coindar
elf will host an AMA on X on May 31 at 1 p.m. UTC. The session will feature speakers from Portkey, AwakenSwap and Swft. The discussion will focus on the future of DeFi and predictions for the next big thing in the DeFi sector.
Refer to official ELF tweet:
Exciting news!🌈
🗣ï¸ We are hosting an AMA session this Friday at 1 p.m. UTC, with speakers from @Portkey_DID, @AwakenSwap And @swftbb!
Together we will delve deeper into “The Future of DeFi: Predicting the Next Big Thing in DeFi” 🌐
🗓ï¸ Mark your calendar: May 31, 2024, 1 p.m. UTC
ELF info
Aelf is a unique solution for Web3 DApps, built on a next-generation, cloud-native, high-performance blockchain system. Thanks to its various frameworks and development tools that underpin Web3, applications in the Aelf ecosystem can run securely, quickly and cost-effectively.
The main feature of the Aelf project is the creation of scalable blockchains capable of running in parallel and processing transactions efficiently. This is achieved through the “one chain to one type of contract” concept, which improves the efficiency and speed of the network.
The ELF token is used to manage network resources, including node management, token transfers, and execution of smart contracts. ELF token holders can also participate in Aelf’s governance system and vote on proposed changes within the ecosystem.
The Aelf platform uses the Delegated Proof-of-Stake (DPoS) consensus algorithm, which reduces energy costs and increases network throughput. DPoS also eliminates the risks associated with the centralization of mining in traditional blockchain proof-of-work (PoW) systems.