aelf price

in TRY
₺8.8456
+₺0.46450 (+5.54%)
TRYTRY
Market cap
₺6.81B #142
Circulating supply
765.47M / 1B
All-time high
₺102.11
24h volume
₺271.32M
3.3 / 5
TRYTRY
ELFELF

About aelf

CertiK
Last audit: Aug 14, 2021, (UTC+8)

aelf’s price performance

3 months
+0.91%
₺8.7655
30 days
-1.08%
₺8.9417
7 days
+13.57%
₺7.7885
Today
+5.54%
₺8.3811
71%
Buying
Updated hourly.
More people are buying ELF than selling on OKX TR

aelf on socials

aelf
aelf
Modular blockchains, AI integration, and cross-chain bridges are shaping the next wave of #Web3. #aelf is at the forefront, building for tomorrow’s decentralised world.
1.21K
2
aelf
aelf
🎉 Fun Fact: The first #NFT was minted in 2014, long before the boom! Now, #aelf supports NFT standards, enabling unique digital assets across its ecosystem.
1.92K
2
aelf
aelf
Developers, did you know? #aelf supports multi-language smart contract development, including C# and more. Build with the tools you love and scale your vision!
2.12K
1

Guides

Find out how to buy aelf
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Predict aelf’s prices
How much will aelf be worth over the next few years? Check out the community's thoughts and make your predictions.
View aelf’s price history
Track your aelf’s price history to monitor your holdings’ performance over time. You can easily view the open and close values, highs, lows, and trading volume using the table below.
Easily buy and sell aelf with your TRY

aelf FAQ

aelf is a Layer 1 blockchain ecosystem specifically developed to facilitate the creation of decentralized applications (DApps) in a scalable, secure, and decentralized environment. With its cross-chain capabilities, aelf is well-positioned to play a significant role in advancing the development of Web3 applications.

aelf offers several benefits, including scalability, flexibility, cross-chain interaction, governance, and more. It is known for security and reliability.

 Easily buy ELF tokens on the OKX TR cryptocurrency platform. One available trading pair in the OKX TR spot trading terminal is ELF/USDT. You can also swap your existing cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and USD Coin (USDC), for ELF with zero fees and no price slippage by using OKX TR Convert.

Currently, one aelf is worth ₺8.8456. For answers and insight into aelf's price action, you're in the right place. Explore the latest aelf charts and trade responsibly with OKX TR.
Cryptocurrencies, such as aelf, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX TR and their different attributes, which includes live prices and real-time charts.
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as aelf have been created as well.
Check out our aelf price prediction page to forecast future prices and determine your price targets.

Dive deeper into aelf

aelf (ELF) has emerged as an example of a project that takes blockchain technology to the next level. In a sector that has rapidly evolved since its inception just over a decade ago, aelf stands out with its innovative approach and commitment to continuous improvement. With a stable and scalable structure, aelf offers businesses the ideal platform to build and operate their applications.

Moreover, aelf goes beyond just providing a blockchain; it offers a range of tools and resources to empower developers and foster a thriving ecosystem. This dedication to advancement and developer engagement sets aelf apart in the ever-changing blockchain landscape.

What is aelf?

aelf is an innovative open-source blockchain network designed as a comprehensive business solution. Unlike traditional blockchain systems, aelf employs a unique architecture consisting of one main blockchain accompanied by multiple side chains. This structure empowers developers and businesses to create and operate their own individual ecosystems. By enabling independent deployment and using decentralized applications (DApps) on separate side chains, aelf achieves resource isolation and optimal efficiency. .

The aelf project team

The aelf project was established in 2017 by a team of skilled and experienced blockchain developers led by Ma Haobo. Their primary objective was to develop a platform that caters to developers' needs, providing them with a secure, scalable, high-performance environment to build applications.

How does aelf work?

aelf operates on a unique technological framework incorporating a parallel processing model and its innovative aelf Delegated Proof of Stake (AEDPoS) consensus mechanism. Like Delegated Proof of Stake (DPoS), AEDPoS enhances the network's efficiency and scalability.

The aelf ecosystem is built on cross-chain technology, utilizing main-chain index and verification mechanisms. This intelligent design facilitates secure communication between the main chain and various side chains, enabling seamless integration and interaction within the aelf network.

ELF: aelf’s native token

The ELF token serves as the native cryptocurrency of the aelf ecosystem. Launched in late December 2017, the ELF token was designed with a maximum supply of 1 billion, representing its total supply. As of July 2023, approximately 62.22 percent of the ELF tokens are in circulation, accounting for 622.19 million units.

ELF use cases

The token of the project, ELF, offers various advantages. For instance, those who stake ELF can become nodes and join in governing decisions. The node system has different roles, like production nodes, candidate nodes, and voters. This lets holders take part in voting and contribute to project choices. Users also use ELF to cover fees for transactions and side-chain activities. Moreover, developers can use ELF to buy resource tokens, like special tokens that help create projects on the aelf platform.

Distribution of ELF

The distribution of ELF tokens is as follows:

  • Twenty-five percent was allocated to the foundation, subject to a vesting period of 3 years.
  • Twenty-five percent was sold during the private sale.
  • Sixteen percent was retained by the team, with a vesting period of 2 years.
  • Twelve percent is reserved for mining purposes.
  • Seven percent was allotted to advisors, subject to a vesting period of 2 years.
  • Seven percent was earmarked for marketing purposes.
  • Five percent was distributed through airdrops to the community.
  • Three percent was dedicated to funding partnerships.

The future of ELF

Up to now, ELF has been successful in its approach to creating an ecosystem that efficiently supports DApps. Depending on what developers require, this ecosystem is designed to provide both connection and separation. Like Polkadot's parachains, aelf's sidechains let users operate in their environment while staying connected to the main chain.

ELF continues to work hard to establish itself in the industry. Their recent upgrade to mainnet version 1.4.1 is another step towards this goal. This upgrade has improved data transmission performance using gRPC streaming and enhanced node network communication by adding support for gRPC bidirectional streaming.

Disclaimer

The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX TR does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX TR. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice.

OKX TR does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX TR and its affiliates (“OKX TR”) are not in any way associated with the owner or operator of the TPW. You agree that OKX TR is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
Market cap
₺6.81B #142
Circulating supply
765.47M / 1B
All-time high
₺102.11
24h volume
₺271.32M
3.3 / 5
TRYTRY
ELFELF
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