Elk.Finance is a decentralized network for cross-chain liquidity, facilitating secure and trustless value transfer across chains. The project's native utility token, ELK, is used for various purposes, including yield farming, insurance, and community fund allocation. Elk Finance Protocol was launched on Avalanche and recently expanded to another chain. The full mainnet is expected to launch in Q4 2021. The maximum ELK supply is 42,424,242, with 10 million tokens allocated to yield farming, 10 million to the Elk insurance fund, and the remaining amount to community, team, and airdrops. ELK is currently available for trading on decentralized exchanges, with ElkDex offering the largest number of pairs and deepest liquidity as of May 2021.
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