Lodge Letter #69: Blockchain expansion - New chains ready to explode onto ElkNet soon

FoxFortyTwo 🦊
Elk Finance
Published in
4 min readJun 27, 2023

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Currently supporting 20 blockchains, the time has come for this to grow again

How are new ElkNet chains determined?

The community most certainly has a say in such matters. You may have noticed polls in the Elk dApp UI and our social channels where we enquire as to which blockchain ElkNet should go to next. Further to these questions are the needs of existing partners and where they’d like to see ElkNet lay further foundations. And we do feel we are here to help our ecosystem partners and users alike.

Let’s not forget that as soon as a chain is selected for inclusion in the ElkNet, the ElkDex will also deploy on the new chain; instantly creating an asset marketplace for ELK on a new chain. Elkbrings users a Dex, a bridge, LP farming, and staking opportunities. Builders can secure token liquidity using our self-managed farm creation FaaS tool, who’ll then be ready for easy cross-chain swaps to 20 OTHER chains. Then 25, then 30…you get the picture. We haven’t even mentioned the exciting stuff yet (keep reading).

Does this mean patience and hope is the only way to see ElkNet enter “your” ecosystem? No, it is not! However, in the ever-changing Web3 landscape where blockchains spring up (and sometimes sink…

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FoxFortyTwo 🦊
Elk Finance

Cross-chain. DeFi. Web3. (Arthera, Elk, more!) Technology start-up co-founder. Former teacher. Writer. Copyeditor. Marketer. Family first - work up from there.