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BUILDING
Elastic
Protocol

An ecosystem of unique yield strategies that help you earn yield, amplify, and stretch it across all market conditions

Audited by omiscia
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Amplify and Stretch Gains

We take a different balanced approach to finding and creating yield opportunities in the ever-changing crypto markets. Our strategies help users stay protected and hedged from volatility risks while having the ability to generate outsized returns in any market. Bull or Bear we amplify there…

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We take a different balanced approach to finding and creating yield opportunities in the ever-changing crypto markets. Our strategies help users stay protected and hedged from volatility risks while having the ability to generate outsized returns in any market. Bull or Bear we amplify there…

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Core Strategies

Our initial strategies use powerful burgeoning trends like Real Yield, Rebase, and others to generate cutting-edged yield innovations. These yield strategies stretch beyond the drought in stable coins and set the value for our native protocol token $EEFI. Check them out!

Core Strategies

Our initial strategies use powerful burgeoning trends like Real Yield, Rebase, and others to generate cutting-edged yield innovations. These yield strategies stretch beyond the drought in stable coins and set the value for our native protocol token $EEFI. Check them out!

$AMPL

$AMPL

$PEAS

$PEAS

$???

$???

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Projected Yield (APR)

100+%?

Current Deposits

1.8M+ AMPL

Max Capacity

Unlimited AMPL

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Projected Yield (APY)

15 - 70%

Current Deposits

~6800 EEFI

LP TVL

$750,000

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Projected Yield (APY)

???%

Current Deposits

0.00 ???

Max Capacity

0.00 ???

Elastic Vault

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Deposit Token
i-sign First token, additional rebasing tokens, or rebase-enabled tokens can be added in the future.

$AMPL

Flagship Hedging Strategy

This one-of-a-kind strategy combines the benefits of Rebase’s force multiplier effect and Real Yield’s sustainability. It helps users to protect against downtrends and amplify yield rewards during market up trends.

Elastic Vault

Deposit Token
i-sign First token, additional rebasing tokens, or rebase-enabled tokens can be added in the future.

$AMPL

Novel Leverage Effect

Those who choose to hedge assets with the Vault can get “leveraged” returns when markets are generally in an uptrend. This is without liquidations and margin calls. The more deposits in the Vault the higher the leveraged effect.

Elastic Vault

Deposit Token
i-sign First token, additional rebasing tokens, or rebase-enabled tokens can be added in the future.

$AMPL

Variable APR

Based on this model APR for the Vault can vary depending on usage. This means 0.7%, 7%, 70%, or 100+% APR are all possible. APR will depend on how depositors choose to engage with the Vault long term.

Elastic Vault

Deposit Token
i-sign First token, additional rebasing tokens, or rebase-enabled tokens can be added in the future.

$AMPL

Basic Workflow

Initially utilizes both OG rebase tokens $AMPL and $OHM. And its own token $EEFI…

    Deposit $AMPL
  • During Downtrends: Receive $EEFI emissions | During Uptrends: Receive daily $EEFI Buy Backs & Burns + $OHM rewards | Mandatory 90 Day lock up on deposits so both functions work optimally…

Elastic Vault

Deposit Token
i-sign First token, additional rebasing tokens, or rebase-enabled tokens can be added in the future.

$AMPL

It’s the Interest

Vault activities are determined by $AMPL’s rebase status; when $AMPL’s supply is expanding aka “earning yield”, $EEFI is automatically purchased and burned daily using this “Interest” earned on deposits. This causes the ‘leverage effect’ and is reflected in $EEFI’s value. When AMPL supply is stable or contracting, $EEFI is minted

Elastic Vault

Deposit Token
i-sign First token, additional rebasing tokens, or rebase-enabled tokens can be added in the future.

$AMPL

More Rebase-enabled Tokens…

$AMPLs pioneering rebase states [Positive | Negative Rebase] are used to define uptrends and downtrends. These states can now be added to any erc20 token and henceforth those rebase-enabled tokens can be added to this strategy (subject to governance)

EEFI Peapod Vault

Deposit Token: $EEFI

Yield Received: $pEEFI, EEFI

We’re monetizing volatility! Launched in partnership with Peapod Finance, the EEFI Peapod Vault monetizes the volatility within the EEFI market and returns passive EEFI yield to depositors from it. Clever stuff! How do you benefit? It’s simple. Deposit and wrap EEFI, receive pEEFI and earn more EEFI over time. All LP fees go to buy and burn EEFI…

Get Started

Community Vault

Deposit Token: $???

Yield Received: $???

Your ideas are wanted. What type of unique Vault would you like to see added to the EEFI ecosystem flywheel? A meme Vault, an AI vault, a copy trader Vault? We like vaults that bring the crypto community together from all walks of life to deposit and earn. You got one? Let us know!

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EEFI Tokenomics

EEFI is the special rewards token of the protocol that is minted and distributed in a decentralized fashion. It produces amplified yield during uptrends and protects from downside action during downtrends.

EEFI: 0x857FfC55B1Aa61A7fF847C82072790cAE73cd883

IBO TOKENOMICS

TOTAL SUPPLY

170,000

Circulating Supply

Estimated ~70-80k by late 2024

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Decentralized Yield

Protocol’s native utility |
rewards token

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Buy | Burn Economics

Can be highly deflationary
during market uptrends

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Smart Index

Token can be viewed as an index of all strategy
performance on the protocol

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Social Coordination (E,E)

Promotes hyper social coordination around all
strategies on the protocol (E,E) (makes hedging fun and working together produces more benefits to all vault users)

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Expansive Utility
Dimensions

EEFI’s utility will expand as more strategies are
added to the protocol.

(EE) Game Theory: An UPGRADE from (3,3)

Remember (3,3) at its core was about social coordination. Or, people working together to achieve a common outcome or goal. (E,E) is the same. But with (E,E) people are working together not to grow a robust treasury that would back a decentralized stablecoin but instead to establish the first ever decentralized amplified yield token… $EEFI. A token that can produce yield in any market condition.

To achieve this (E,E) has everyone work together by interacting with and supporting its ecosystem flywheel: Vaults, Bonds, Markets and other components. Interaction with the (E,E) Flywheel will help build a treasury of what we term high quality “growth assets”. Assets that are revenue bearing, interest bearing, Real Yield bearing or Rebase bearing. Where the ‘growth’ aka the yields of these assets are used to act as long term decentralized leverage on EEFI’s value. This is (E,E). This is sustainable. This is the UPGRADE.

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EEFI Bonds

 Purchase. Lock up. Get Discount

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Vault

Deposit + Earn

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LP Positions

Yield Farming

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Funding raised acquires Growth assets

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OHM Treasury Strategy

Deposit + Earn

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Markets

Trade + Arb (Fees)

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Yield From 
Growth Assets

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Fees. Revenue. Yield to Treasury

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EEFI Furnace

Buy + Burn EEFI

YOU

(Flywheel)

Interact

Future Use Cases (Strategies)

Elastic Protocol will continue to pioneer an expanding ecosystem of yield strategies that will cater to DeFi users across a range of blockchains, communities, and interests. Each will help in generating sustainable yield and expanding the utility of the rewards token $EEFI. Here is some of what we are planning and looking into:

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REAL YIELD

24 NFTs

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REAL YIELD

These are strategies that will explore other Real Yield ecosystems outside of Olympus DAO. For exampleGMX- the leading leverage platform that distributes 100% of fees. We are also looking at Vela Exchange, Gains Network and many others on Arbitrum.

Platforms:

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NFT

24 NFTs

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NFTs

We welcome NFT-Fi which is beginning to emerge in crypto. These strategies will let you ‘mint to yield’ on different protocols, perform leverage trades, cross-chain swaps, and multi-collateral multi-chain loans all with a single NFT.

Platforms:

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OPTIONS

24 NFTs

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Options

Options are finally having its day in crypto. Platforms like Ribbon Finance are making it dead simple for users to access crypto structured products, specifically Option Vaults. Yield strategies can be built around this infrastructure.

Platforms:

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BONDs

24 NFTs

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Bonds

With Bonds and Bonding being made popular by Olympus DAO we will continue to develop strategies that expand into their Real Yield econOHMy and Bond Protocol. We are also looking at Liquity’sChicken Bonds which has developed a way to get amplified yield and optimized yield strategies.

Platforms:

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Real World Assets

24 NFTs

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Real World Assets

RWAs. Many are paying attention to the growing trend of DeFi protocols tokenizing US T-bills on-chain. The buying of short-term treasuries off-chain through a KYC'd counterparty, and transferring the yield to on-chain participants. There is ample opportunity for us here…

Platforms:

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PERPS and Delta Neutral

24 NFTs

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Perps & Delta-neutral

The bread and butter for risk aversion and surviving bear markets. These strategies are well known and can benefit our users or the Elastic Finance DAO treasury

Platforms:

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STABLECOINs

24 NFTs

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Stablecoins

Traditional yield strategies that take direct stablecoins and all non-rebasing token deposits. These strategies may include leverage.

Platforms:

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Borrowing and Lending

24 NFTs

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Borrowing & Lending

Enabling collateralization and borrowing for $EEFI will open the Elastic Protocol to its own native EEFI strategies where the token can directly be used as collateral or deposits

Platforms:

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Ai Smart Vaults

24 NFTs

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Smart Vaults (AI)

Allows AI to perform yield strategies that are automated across different blockchains. We are paying attention to the trading bot space as this may be a key to effective Ai yield strategies

Platforms:

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Our Team

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Davoice

co-founder

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Solomon Adekale

co-founder

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Anton

Lead Developer

Ecosystem Partners

Roadmap

2022

  • Ideation of Elastic Protocol 2022
  • Version 1 of Elastic Protocol GitBook Published 2022
  • Coding of Version 1 Elastic Vault Strategy 2022
  • Audit 2022
  • Version 1 Elastic Vault Alpha Testing 2022

2023 Beginning

Olympus Partnership Beginning 2023

  • $25k Grant 2023
  • Third-Party Partner Intros (2023)
  • Elastic Vault Strategy Updates + Olympus $OHM Integrations (Q2) 2023

Q3 2023

  • Elastic IBO Fundraising Event

Q1 2024

  • Elastic LBP Fundraising Event
  • EEFI Peapods Vaults + EEFI Furnace
  • Launch
  • Extensive Co-Marketing

(Q1-Q2) 2024

  • First, $EEFI Bonds Program [Bond Protocol] (beta): treasury Flywheel fundraise

Q2 2024

  • Elastic Vault Launch: 
Launch of Elastic Vault Strategy (flagship)
  • Elastic Research and Development: Explore additional vault strategies and develop risk and due-diligence procedures associated with strategy development and implementation
  • Official OHM Yield Strategy Partners (for treasury OHM deposits)
  • AMPL | SPOT V2 Vault (treasury management experimentation)

(Q2-Q3) 2024

  • EeFi Summer Marketing Campaign: Extensive marketing and awareness campaign for Elastic Protocol and its partners

Q4 2024

  • $EEFI Borrowing and Lending Partnership

(Q4) 2024 - Q1(2025)

  • Elastic Community Engagement: Onboard contributors to drive protocol development, partnerships, and community development, and begin governance activities

Q1 2025

  • Community Vault:
    Yield Strategy 1 (governance)

Q2 2025

  • Establish DAO to govern Elastic Finance and fully decentralize protocol
  • Elastic Yield Alliance (Strategic Yield Strategy Partners): 
begin governance vote for Multi-chain yield strategies
  • Begin developing comprehensive tokenomics for $EFT (Elastic Protocol governance token)

Q4 2025

  • Launch EFT governance token Airdrop

Q1 2026

  • Hand over Elastic Finance DAO to Community: Complete decentralization of Elastic Finance DAO, its treasury, its yield strategies, and community governance

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