ELFi Protocol, a DEX Derivatives Platform, launches with $100,000 airdrop event on Arbitrum network.

From Investing.com

August 15, 2024 1:00 am:

ELFi Protocol, a decentralized derivatives trading platform, has officially launched on the Arbitrum network. It introduces innovative features like Portfolio Margin Mode, Zero-Risk Stablecoin Liquidity Pool, and high-yield coin-margined liquidity pools. ELFi completed two funding rounds totaling $5 million in May, led by IDG Capital and KuCoin Ventures. A limited-time event with a $100,000 prize pool is being held to celebrate the launch, where users can earn rewards by staking or trading. Users who obtained ELFi NFTs during the beta test can receive additional rewards during the event. Follow ELFi on Twitter and Discord for updates. Contact Vicky at [email protected] for more information.

Read more at Investing.com: ELFi Protocol, a DEX Derivatives Platform, Officially Launched with a $100,000 Airdrop Event By Chainwire