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
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
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
- 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