Deals involving blockchain technology, crypto currencies and/or digital assets such as Security Tokens, Utility Tokens, or NFTs are extremely speculative and present additional risks and may result in total loss of invested capital. PLEASE READ AND REVIEW THOSE RISKS HERE.
This is an offering for the right to certain defined digital assets offered by Elys Network, Inc. It is not an offering for a share, membership or partnership interest in Elys Network Inc. or any of its affiliates.
Deals involving crypto and/or digital assets such as NFTs are extremely speculative and present additional risks. Investor sophistication and enhanced independent reviews are highly recommended.
$ELYS Tokens may trade at lower prices on public token exchanges than the prices that the $ELYS Tokens are purchased in this Offering.
Shortly after this Offering, the Company may seek listing of the $ELYS Tokens on public exchanges. The $ELYS Tokens may trade at lower prices on those public exchanges than the prices Contributors acquired them in this Offering, and Contributors would be unable to sell their $ELYS Tokens during the lockup and vesting periods.
This Issuer operates from a foreign jurisdiction; and therefore, many of your country's common laws may not apply or be enforceable.
Investments in private companies are particularly risky and may result in total loss of invested capital.
This is a new company and has neither generated revenue, nor has it had any significant operating history.
There may be other available opportunities that are similar to this investment but have different attributes, characteristics, cost factors, and fees.
*Click here for important information regarding Financial Projections which are not guaranteed*
Problem
Blockchain industry is still a young and rapidly evolving sector, making it hard to access and understand.
As the niche expands, the sector has become fragmented and complex, requiring users to navigate multiple applications just to perform simple tasks across different blockchains.
What should take 10 seconds and cost 5 cents can take an hour and becomes far more expensive.
Solution
Combining the best of Centralized and Decentralized exchanges to become the future "Coinbase" of on-chain trading is the solution.
We offer:
- Simple connection: Start trading in seconds, with or without prior crypto experience, no wallet required.
- User-friendly interface: A streamlined, feature-rich experience tailored for both newcomers and seasoned traders.
- Complete DeFi features: From swaps and staking to advanced derivatives trading, all in one place.
- Optimized tokenomics: ELYS token holders are rewarded with fees collected from all applications across the network.
- All tokens in one place:Whether you're looking to buy or sell, make your Bitcoin / Solana / Ethereum work for you, whatever the token, we connect all ecosystems.
Product
Elys Network offers a comprehensive suite of DeFi products. At launch, the most important ones will be available:
- Spot Trading
- Liquidity Mining (LP)
- Simple Staking (ELYS/USDC)
- Leverage LP
- Perpetual Trading
Each of these products is designed to work seamlessly together, enabling a more diverse and sustainable reward generation for all our ELYS stakers and liquidity providers.
At the core of our product offering lies one of our most revolutionary innovations: Smart-Shielded Pools.
These pools play a pivotal role, as three key features constantly leverage them: Spot Trading, Perpetual Trading, and Leverage LP. They drive the utilization of our pools and generate rewards for our users.
While 50% of DeFi users experience losses in liquidity pools due to impermanent loss, this will no longer be the case at Elys Network.
Our pools operate on a price feeder system, where the number of tokens in the pool remains constant, and only the balance adjusts based on the price.
Whether the market fluctuates or remains stable, our pools mitigate impermanent losses, drastically reducing potential losses.
Our pools are Shielded from the market fluctuations.
One of the biggest challenges with liquidity pools has been the effective use of stablecoins.
For example: The more the market fluctuates, the less efficient your BTC/USDC pool becomes, making stablecoins almost unusable in traditional setups.
Not anymore. We’ve created a safe haven where you can:
- Eliminate impermanent loss
- Secure your investments with native USDC
In short, our pools are:
- Smart, allowing you to leverage stablecoins to minimize exposure to volatility.
- Shielded from impermanent loss
Traction
We’ve experienced extraordinary traction over the past 8 months of our testnet:
- 50,000 daily active users
- 300,000 monthly active users
- 2.2 million wallets created
- 15 minutes average session time
- 151,000 followers on X
- 71,000 members on Discord
All of this has been built with a tightly-knit and highly engaged community.
Customers
Elys Network targets a diverse customer base:
DeFi Users: Individuals already active in the DeFi ecosystem, seeking advanced features such as perpetual Trading, Staking, Liquidity Provision, Liquid Staking and lending.
Traders: Perpetual and leverage traders, who value efficient trading mechanisms, low fees, and access to diverse financial instruments.
Newcomers to Crypto: Elys Network aims to onboard beginners into the DeFi world with our User-friendly interface.
Financial Institutions: Entities exploring or integrating secure, interoperable DeFi solutions into their offerings.
By offering tailored features for each audience, Elys Network bridges the gap between traditional finance, advanced trading, and decentralized finance.
We meet users where they are.
Business model
Elys Network generates revenue through fees collected across its various features, as well as from the chain itself:
- Transaction Fees
- Swap Fees
- Margin Interest Fees (Leverage LP)
- Perpetual Trading Fees
- Liquid Staking Fees
Of these collected fees, 10% are allocated to the Elys protocol.
Each feature generates a different fee volume:
Let’s take swap fees as an example, assuming a fraction of the daily DeFi volume—$40M per day, representing 0.2% of the $15.7B daily volume across all DEXs.
This would result in $80,000 in daily fees, of which $8,000 per day would be collected by Elys Network.
This translates to $240,000 in monthly revenue for the protocol, or $3,000,000 annually, while distributing approximately $26,000,000 annually to liquidity providers and stakers.
All fees and rewards are collected and distributed in USDC, ensuring stability and reliability for users.
Swap fees alone can sustain Elys Network’s annual operations with just half of the daily volume cited in the example—and that’s without accounting for the additional fees collected across other features.
Market
Target Market Size
Elys Network operates in the decentralized finance (DeFi) sector, specifically targeting the Perpetual & Spot decentralized exchange (DEX) market.
Perpetuals:
This market has experienced explosive growth, with trading volumes surging from $1 billion in July 2021 to $120 billion in July 2024, representing an annual growth rate of approximately 393%.
If Elys Network captures just 1% of the current market—where competition in this niche remains relatively scarce—the company believes it represents a potential annual market share of $1.2 billion.
Spot decentralized exchanges:
This market has also experienced an explosive growth with trading volume around $16 billion daily.
If Elys network captures just 0.1% of the current Spot trading market—where competition is relatively high—the company believes it represents a potential annual market share of $5.8 billion.
Competition
Direct Competitors
Elys Network competes directly with some of the leading perpetual DEXs in the market, including:
- dYdX: A well-established perpetual DEX offering a wide range of trading pairs and an advanced user interface.
- GMX: Known for low trading fees and an innovative liquidity model, GMX has carved out a significant share in the perpetual DEX space.
- Perpetual Protocol: Provides high-leverage perpetual contracts, leveraging a virtual automated market maker (vAMM) to ensure liquidity.
However, Elys Network stands as a game-changer in the DeFi space, offering something no other project does: a seamless combination of DEX and Perpetuals.
While each of our features may face competition individually, together, they make us truly unrivaled.
Roadmap
Our roadmap is aligned with our vision:
Simplify onboarding for newcomers to our industry.
Ensure our application is accessible everywhere, without limitations.
Introduce advanced trading tools such as Molecule pools (ETF style index pools)
AI management to enhance your crypto journey.
Meanwhile, key features will be available from day one:
Spot trading
Liquidity mining
Simple staking
Leverage LP
Perpetual trading
Tokenomics
The Elys token:
The ELYS token is more than just a governance token; it serves multiple functions that support the long-term success of Elys Network. Here’s how ELYS token utility fosters growth and sustainability:
Fee Sharing: ELYS stakers earn non-inflationary real yield via 25% of all DEX revenues, paid in USDC. Revenue sources include:
Perpetual trading fees
Spot trading fees
Margin interest fees
Transaction network fees
Liquid staking fees
Staking Token Rewards: Elys's governance model rewards stakers and node operators through EDEN tokens, which vest over 90 days and can be redeemed for ELYS. Long-term stakers receive EDEN BOOST, a multiplier token for increased rewards. Both can be restaked to compound earnings.
Liquidity Mining: Liquidity providers earn rewards by contributing liquidity to Elys Network pools, ensuring the platform remains highly liquid for users.
Membership Tiers: Holding ELYS unlocks loyalty benefits such as fee discounts, exclusive NFTs, merchandise, and access to premium platform features based on membership tiers.
Fee Burn Mechanism: A portion of the collected fees will be allocated to a burn module, which would improve the overall Elys tokenomics over time
Governance Power: ELYS serves as the network's governance token. Staked tokens grant voting rights for key proposals, including upgrades, product launches, incentive programs, and ecosystem growth strategies.
Token Allocation Overview
With a total supply of 200 million ELYS tokens, the allocation is structured to ensure that all participants benefit while maintaining network growth and stability.
Key Allocations:
22.3% Strategic Reserve: Used to bolster long term sustainability of the treasury and help aid diversification via fundraising & OTC efforts. It will also be used for partner-specific grants, who can add long term value to the Elys Network. It will also be used to provide liquidity on CEX,via POL on Elys DEX and staked to decentralize the network at genesis.
18% Project Contributors: Reserved for core contributors to development and growth.
15% LM Rewards: Liquidity Mining Rewards to help jump-start the Elys ecosystem. These are temporary and meant to simply bootstrap the liquidity and support non-inflationary revenue sources.
13.4% Public and Private Sales: Reserved for early investors and network supporters, facilitating the platform’s initial growth and expansion.
9% Marketing and Growth: Focused on scaling globally, these funds will support marketing campaigns, strategic partnerships, and community engagement initiatives to boost awareness and adoption of Elys Network.
8.5% Staking Rewards: Encourages token holders to actively stake their ELYS tokens, promoting network security and governance participation while rewarding users for their commitment.
7.5% Community Fund: This includes payouts for DAO councils and for community initiatives & projects. Receiving funds from this pool will follow defined governance and approval processes.
5% Airdrop: A gesture of gratitude towards early adopters and engaged users, this allocation is designed to stimulate early network activity and foster loyalty.
1.3% Advisors: Acknowledging the valuable guidance of advisors who bring industry expertise and strategic insights to ensure Elys Network’s success.
Emission schedule & Token supply:
Initial supply: 18,866,900 ELYS
Max supply: 200,000,000 ELYS
Funding
Elys Network has successfully raised $4 million across three funding rounds:
- Pre-Seed Round
- Seed Round
- Private Round
Founders
The Elys Network team is composed of diverse profiles from various sectors.
We’ve brought together talent from finance, entrepreneurship, and the blockchain industry to build something truly unique.
Disclosures
This notice should not be construed as an offering of securities or as investment advice or any recommendation as to an investment or other strategy by OpenDealBroker LLC dba the Capital R ("ODB"). OpenDeal Broker LLC is compensated in cash commission and tokens issued by Elys Network, Inc. Elys Network, Inc. will pay OpenDeal Broker LLC: a 5% cash commission, with a minimum fee to ODB of $20,000 per Offering, and 1% of the dollar value issued in securities/tokens to Investors pursuant to each Offering at the time of closing (as such terms are defined in the offering engagement agreement between ODB and Elys Network, Inc.).
Elys Network, Inc. has engaged ODB to conduct an offering ("the offering") of digital assets $ELYS issued by Elys Network, Inc. to eligible persons on the Republic platform (the "Platform").
The offering will be in digital assets $ELYS issued by Elys Network, Inc. and not equity in the company Elys Network, Inc., or any other entity.
This is a speculative, risky investment and may be illiquid or pricing may substantially fluctuate in value. You may lose money.
All broker-dealer related securities activity is conducted by OpenDeal Broker LLC, an affiliate of OpenDeal Inc. and OpenDeal Portal LLC, and a registered broker-dealer, and member of FINRA | SiPC, located at 149 5th Avenue, 10th Floor, New York, NY 10010, please check our background on FINRA’s BrokerCheck. Investments in private companies are particularly risky and may result in total loss of invested capital. Past performance of a security or a company does not guarantee future results or returns. Only investors who understand the risks of early stage investment and who meet the Republic's investment criteria may invest. Neither OpenDeal Inc., OpenDeal Portal LLC nor OpenDeal Broker LLC verify information provided by companies on this Site and makes no assurance as to the completeness or accuracy of any such information. Additional information about companies fundraising on the Site can be found by searching the EDGAR database, or the offering documentation located on the Site when the offering does not require an EDGAR filing.
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THIS OFFERING IS CONDUCTED PURSUANT TO RULE 506(C) OF REGULATION D PROMULGATED UNDER THE SECURITIES ACT AND IS LIMITED SOLELY TO ACCREDITED INVESTORS AS DEFINED IN REGULATION D UNDER THE SECURITIES ACT. ONLY PERSONS OF ADEQUATE FINANCIAL MEANS WHO HAVE NO NEED FOR PRESENT LIQUIDITY WITH RESPECT TO THIS INVESTMENT SHOULD CONSIDER PURCHASING THE $ELYS TOKENS OFFERED HEREBY BECAUSE: (I) AN INVESTMENT IN THE $ELYS TOKENS INVOLVES A NUMBER OF SIGNIFICANT RISKS; AND (II) NO MARKET FOR THE $ELYS TOKENS CURRENTLY EXISTS, AND EVEN IF ONE WERE TO DEVELOP, THE $ELYS TOKENS OFFERED HEREBY ARE SUBJECT TO TRANSFER RESTRICTIONS AS DESCRIBED HEREIN. THIS OFFERING IS INTENDED TO BE AN OFFERING THAT IS EXEMPT FROM REGISTRATION UNDER THE SECURITIES ACT AND APPLICABLE STATE SECURITIES LAWS.
This Offering is limited solely to Purchasers who are “accredited investors” as defined in Regulation D. To be eligible to participate in the Offering, you will be required to represent to the Company in writing that you are an accredited investor and must have provided a third-party certification attesting to such status as required by Rule 506(c). You must also represent in writing that you are (i) purchasing the Subscription Agreements for your own account and not for the account of others and not with a view of reselling or distributing the $ELYS Tokens, (ii) not domiciled or a citizen of a country in which cryptocurrency offerings are illegal, and (iii) not from countries which the Office of Foreign Assets Control has deemed a “sanctioned” country.
In order to qualify as an “accredited investor,” a potential Purchaser must meet one of the following conditions of the date on which the Token Purchase Agreement is executed and as of the date of the purchase:
(i) Individual – Income Test. An individual who had an income in excess of $200,000 in each of the two most recent years (or joint income with his or her spouse in excess of $300,000 in each of those years) and has a reasonable expectation of reaching the same income level in the current year;
(ii) Individual – Net-Worth Test. An individual who has a net worth (or joint net worth with his or her spouse) in excess of $1,000,000 (excluding the value of such individual's primary residence);
(iii) IRA or Revocable Company. An Individual Retirement Account (“IRA”) or revocable Company and the individual who established the IRA or each grantor of the Company is an accredited investor on the basis of (i) or (ii) above;
(iv) Self-Directed Pension Plan. A self-directed pension plan and the participant who directed that assets of his or her account be invested in the Partnership is an accredited investor on the basis of (i) or (ii) above and such participant is the only participant whose account is being invested in the Partnership;
(v) Other Pension Plan. A pension plan which is not a self-directed plan and which has total assets in excess of $5,000,000;
(vi) Irrevocable Company. An irrevocable Company which consists of a single Company (a) with total assets in excess of $5,000,000, (b) which was not formed for the specific purpose of investing in the Partnership, and (c) whose purchase is directed by a person who has such knowledge and experience in financial and business matters that he or she is capable of evaluating the merits and risks of the prospective investment;
(vii) Corporations and Other Entities in General. A corporation, partnership, limited liability Company or Massachusetts or similar business Company, that was not formed for the specific purpose of acquiring an interest in the Partnership, and which has total assets in excess of $5,000,000; or
(viii) Entity Owned by Accredited Investors. An entity in which all of the equity owners are accredited investors. OpenDeal Broker LLC is a New York limited liability company. Neither OpenDeal Broker LLC nor Republic Crypto LLC d/b/a Republic Advisory Services (“Republic Advisory Services”) nor any of their affiliates has independently verified any of the information provided or makes any assurances as to the completeness, accuracy or reliability of any such information provided by the Company.