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 Base Sepolia (testnet). View on Basescan. Mainnet deployment coming soon.
Supply
| |
|---|
| Max supply | 77,000,000 ELTA |
| Decimals | 18 |
| Standard | ERC-20 with Votes + Permit |
Distribution Breakdown
| Category | Allocation | Vesting |
|---|
| Treasury | 38% | 4-year linear |
| Community Benefits | 19.5% | 3-year linear |
| Contributors | 15% | 6-year linear |
| Liquidity | 12.5% | Immediate |
| Public Sale | 10% | Immediate |
| Community Sale | 5% | Immediate |
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.
| |
|---|
| Min lock | 7 days |
| Max lock | 730 days (2 years) |
| Boost | 1x to 2x |
Math
veELTA=ELTA×(1+730Days Locked)
| Lock | Boost | 1,000 ELTA → |
|---|
| 7 days | 1.01x | 1,010 veELTA |
| 1 year | 1.5x | 1,500 veELTA |
| 2 years | 2x | 2,000 veELTA |
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:
| |
|---|
| Supply | 1 billion |
| Creator | 50% (auto-staked) |
| Bonding curve | 50% |
| Graduation | 42,000 ELTA raised |
Transfer Fee
1% on every transfer (max 2%). Split 70/15/15 like other fees.
Fee Sources
| Source | Rate |
|---|
| Trading | 1% |
| Launches | 10 ELTA |
| Tournaments | 2.5% |
| Transfers | 1% |
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
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