Elements Finance Liquidity Launch
February 6 update – the contract had an error and users were unable to sell their tokens. The team says they have refunded users, and a stealth relaunch is planned for February 7 between 8pm – 10pm UTC.
Fair token launch for a node-as-a-service protocol on Arbitrum.
Stealth launch between 4pm – 7pm UTC.
No contract available at time of review.
DETAILS
- Launch Details
- Token will be listed on Sushiswap
- Token pair: ELMT/ETH
- Listing price: $0.05
- Fair launch; no prior token sale
- Maximum buy per wallet: 2% of total supply
- Initial total market cap: $20,000
- Initial liquidity (estimate): $6,000
- to be locked on DXsale for 30 days
- Taxes: 8% buy | 8% sell (decreases by 1% per day to 3% tax, 5 days after the launch)
- Tokenomics
- Token symbol: ELMT
- Total supply: 400,000
- 75% — Rewards
- 15% — Liquidity (30 days lock)
- 8% — Team (6 months linear vesting)
- 2% — Partnerships
- 8% buy and sell tax
- ❌ No information on the tax distribution
- No wallet transfer tax
- Mechanics & Utilities
- Purchase nodes with $ELMT and earn daily rewards in $ELMT
- There will be 4 node tiers at launch;
- Earth: cost 30 $ELMT, generates 0.6 $ELMT daily
- Wind: cost 90 $ELMT, generates 2.15 $ELMT daily
- Water: cost 250 $ELMT, generates 6.75 $ELMT daily
- Fire: cost 700 $ELMT, generates 21.5 $ELMT daily
- Variable rewards claim tax;
- Earth: 10% tax
- Wind: 12% tax
- Water: 15% tax
- Fire: 17% tax
- Claim tax reduces by 2% per day if you do not claim rewards
- Nodes will have a wear system that will lower the daily yield of a node for every claim;
- 15% wear (for earth, water, wind nodes)
- 20% wear (for fire node)
- Purchase a Repair node with $ELMNT to repair your node by 20%