Landslide x Elys Network: Onboarding New Users to Web3
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Landslide x Elys Network: Onboarding Users to Web3
Reimagining Cross-Chain DeFi
Landslide and Elys Network, an ATOM consumer chain and Cosmos Hub’s premier all-in-one DeFi Layer-1 appchain, are teaming up to create a lightning-fast trading experience that functions like a centralized exchange with all the benefits of a decentralized exchange. The integration of Landslide’s IBC-enabled Avalanche L1s and Elys Network’s DeFi will revolutionize the DeFi landscape through increased speed, security, and interoperability.
Benefits for the AVAX and Cosmos Ecosystems
Elys Network Overview
Elys Network transforms the fragmented Web3 landscape with its innovative self-custody universal liquidity design, creating a unified and efficient ecosystem. Whether on a computer or a phone, users can instantly trade anything, anywhere, anytime. The Elys Network platform ensures seamless transactions, empowering users to easily manage assets across different chains.
Elys Network: Defragmenting Web3 with Universal Liquidity
By unifying liquidity and simplifying UX, Elys Network integrates the diverse elements of Web3 into a cohesive and effective ecosystem. By consolidating liquidity and enhancing the user experience, Elys Network fosters a more interconnected and streamlined Web3 environment.
Bitcoin Integration
Elys integrates Lorenzo Protocol and Babylon, another Landslide partner, to introduce the first decentralized perpetual futures exchange (PerpDEX) on Cosmos. This exchange integrates Bitcoin staking, LP, and BTC trading on leverage. Users can earn real yield on native BTC based on their staking or LP position in USDC, enhancing their investment opportunities.
One-Click Liquid Staking
With one-click liquid staking, users can effortlessly bring PoS assets to the platform and earn a passive yield of 10–20%.
Enhanced Cross-Chain Interoperability
The partnership leverages Landslide’s IBC connectivity, enabling seamless asset transfers between Avalanche, Cosmos, and other IBC-enabled chains. This enhances liquidity and diversifies available assets and applications.
Elys Network uses Landslide to facilitate seamless token routing across different blockchain ecosystems, creating a Universal Liquidity Layer.
Unified Product Suite
Elys’ all-in-one DeFi platform offers a range of powerful tools and provides a seamless and intuitive experience. Trade tokens across chains effortlessly and enjoy unparalleled ease of use.
With the Elys unified app, users can:
- trade tokens across any blockchain quickly, at a low cost, and securely;
- maximize earnings with simple staking and liquidity mining;
- use advanced features like leverage LP and Perpdex, and
- earn predictable rewards in USDC.
How the Partnership Will Unfold in the Coming Months
The partnership between Landslide and Elys Network is scheduled to go live in Q4. Both teams are working diligently to integrate their technologies and bring these enhanced features to users as soon as possible. Watch for more updates as the integration comes to life.
Join the Landslide
Developers are encouraged to join the incentivized testnet and be among the first to know when the integration is complete. Users are also invited to join Discord to stay updated on the latest partnership developments and receive community support.
About Landslide
Landslide is the Avalanche-powered Interchain Hub connecting all blockchains to IBC, expanding user bases and unlocking cross-chain potential. It ushers in a new era of cross-chain DeFi operations enabled over IBC, scalability, and streamlined user experience by allowing any CosmWasm-based dApp to run natively on the Avalanche network. Through Landslide, we’re fostering a more interconnected, robust blockchain ecosystem, enhancing liquidity, diversifying applications and assets, and attracting a broader user base to web3.
About Elys Network
Elys Network makes crypto simple. The Universal Liquidity Layer unites tokens from every ecosystem, giving users fast and easy access to a wide range of crypto without worrying about anything.
Elys Network is the gateway to universal and seamless DeFi, empowering everyone, everywhere, to create and manage their own DeFi strategies with confidence and ease.
