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ELTA Token

ELTA is the protocol token. You use it to launch apps, trade app tokens, and participate in governance.
Contract: ELTA is currently deployed on Ethereum Sepolia (testnet). View on Etherscan. Mainnet deployment coming soon.

Supply

Hard cap. Can’t be increased.

Distribution Breakdown

ELTA distribution

What ELTA Does

Launch apps — 110 ELTA (100 seeds curve, 10 to treasury) Trade — All app tokens trade against ELTA Stake — Lock as veELTA → 15% of all fees + voting power Govern — veELTA holders vote on proposals (0.1% to propose, 4% quorum)

veELTA

Lock ELTA → get veELTA. Longer lock = more veELTA.

Math

veELTA=ELTA×(1+Days Locked730)\text{veELTA} = \text{ELTA} \times \left(1 + \frac{\text{Days Locked}}{730}\right)

Properties

  • Non-transferable — can’t sell or send veELTA
  • One lock per wallet — can add to it or extend, but only one
  • No decay — veELTA stays constant until unlock
  • Full return — get all your ELTA back when lock expires
No early unlock. Choose duration carefully.

App Tokens

Each app launches with its own ERC-20:

Transfer Fee

1% on every transfer (max 2%). Split 70/15/15 like other fees.

Fee Sources

All fees split 70/15/15: stakers, veELTA holders, treasury.

Release Schedule

ELTA release schedule ELTA is released according to predefined vesting schedules:
  • Year 1: ~25% of supply circulating
  • Year 2: ~45% of supply circulating
  • Year 4: ~85% of supply circulating
  • Year 6: 100% fully vested

Summary

  • 77M max — fixed forever
  • Fees, not inflation — rewards come from usage
  • Lock longer = earn more — veELTA boost up to 2x
  • Multiple fee sources — trading, launches, tournaments, transfers

Next

Revenue Model

Fee mechanics and math

Lock ELTA

Start earning