ELFi Protocol launches Super NFT Mission of Open Beta , has secured $5 Million in Strategic Financing
Singapore, Singapore, July 13th, 2024, Chainwire
ELFi Protocol, a decentralized derivatives trading platform that has received strategic investments from top-tier investment institutions, is now in the final stages of open beta testing and is expected to go live on Arbitrum’s official website at the end of July. ELFi Protocol is currently conducting a public beta test of the Super NFT task, and will distribute 200 Super NFTs, and users who obtain Super NFTs will be granted exclusive rights and benefits on the official network.
It is reported that in May of this year, ELFi Protocol successfully completed two rounds of strategic financing, raising a total of $5 million. the latest round with leading investment from IDG Capital and KuCoin Ventures.
About ELFi Protocol
ELFi is a decentralized derivatives trading platform that focuses on delivering top-notch trading functionalities. It’s the pioneer in supporting Portfolio Margin within the P2Pool model, and boasts a sophisticated risk management system for listing contracts of various risk levels. Additionally, ELFi introduces innovative liquidity pool designs, offering industry-first zero-risk stablecoin liquidity pools and LSD re-collateralized liquidity pools. It strives to better meet market and user demands through features like risk isolation, asset pricing, and LST asset support.