Elk Launches on Telos EVM
Elk Finance (ELK) has added Telos (TLOS) to its expanding ecosystem of supported networks. From today, Telos users can trade, farm and stake tokens via the Elk app (https://app.elk.finance/) and use the ElkNet multi-chain bridge to transfer tokens instantly between Telos and a dozen popular chains.
Telos is a decentralized, layer-one blockchain with innovative on-chain governance built for fast, scalable and low fee transactions. First launched in 2018, Telos brings to the Elk network a mature chain that boasts more than 900,000 user accounts, which are supported by a core team of 30+ developers. 50+ validators, and 100+ dApps. Elk is the first cross-chain protocol to integrate the recently launched Telos EVM (Ethereum Virtual Machine), which features a unique design that aids with scaling and developer applications.
How to Get TLOS
To start using Elk on Telos, enter the Elk app with a MetaMask wallet connected to the Telos network (visit Chainlist.org to add Telos automatically).
TLOS tokens are available on multiple centralized exchanges, including KuCoin and GateIO. To transfer TLOS from exchanges to a MetaMask account, follow these instructions from the Telos documentation.
About Telos
Telos is a decentralized computing network, global economy, and app ecosystem, powered by their scalable smart contract blockchain and TLOS cryptocurrency. Telos promises fast, scalable distributed applications (dapps) with feeless transactions.
Since launching its mainnet in December 2018, the Telos network has been working to power the decentralized economies and provide scalable solutions. These goals include governance features that empower organizations to shift influence and decision-making to a more collaborative and transparent model.
About Elk Finance
Elk Finance is a decentralized network for cross-chain liquidity. ElkNet, its cutting-edge multi-chain protocol, makes it easy for anyone to move value and exchange cryptocurrencies across blockchains quickly and securely at a low cost.
The ElkNet framework also lets developers imagine and build novel cross-chain applications. To date, ElkNet supports Avalanche, Polygon (Matic), Fantom Opera Network, Huobi ECO Chain, xDAI, Binance Smart Chain, HOO Smart Chain, KuCoin Community Chain, Harmony One, Okexchain, Elastos & Moonriver.
Visit ElkDex & ElkNet: https://app.elk.finance/#/
Visit the ElkNet Dashboard: https://dashboard.elk.finance/
