We are pleased to announce that the $ELVT token airdrop has been successfully completed for all eligible Relay token holders. This marks an important step in the transition from Relay to Elevate, and we want to ensure clarity as we move forward together.

Key Information:

• Date Airdrop Completed:12/12/2024

• How It Was Done: The airdrop was executed automatically, based on the snapshot of eligible Relay token holders.

• How It Was Calculated: The snapshot included all chains and address types (wallets, staking contracts, liquidity pool (LP) contracts, and farming contracts). LP tokens were converted into Relay tokens based on liquidity positions at the time of the snapshot. The airdrop received by individual wallets reflects the cumulative total from all chains and address types with which they are associated.

Why We Did It This Way:

This approach ensures that the transition from Relay to Elevate is seamless for our community, providing full access to the new $ELVT token and its utilities.

The snapshot was taken prior to the exploit on the Arbitrum network at Block Number 198073811 (April 6, 2024, 04:44:48 AM UTC), ensuring that only legitimate holders were included in the distribution.

If you have any issue in receiving your $elvt - Please create a support ticket on our discord -

What is $ELVT Token?

The $ELVT token is central to the Elevate ecosystem. It serves as:

• Governance: Holders of $ELVT tokens will have a voice in key decisions and protocol upgrades

• Fees: Staking $ELVT will give access to rewards and fees generated from our protocols.

Things to Look Forward to:

With the Relay to Elevate airdrop now complete, we are excited about the future:

• Aerodrome Launch: Our upcoming launch on Aerodrome will introduce liquidity, partnerships, and enhanced visibility for $ELVT. This is a significant milestone in our journey.

• New Ecosystem Features: We will soon roll out our E-BOT, offering cutting-edge tools and utilities that benefit our token holders and improve the platform.

• Staking: Elvt holders will soon be able to stake their tokens to earn protocol rewards.

2025 Roadmap:

We are eagerly anticipating the release of our 2025 roadmap and can’t wait to share our vision for the future with our community. The coming year will bring new opportunities, innovative features, partnerships, and exciting growth for Elevate.

A New Chapter:

The airdrop marks a pivotal moment for Elevate - symbolising continuity, growth, and the expanding opportunities within our community. The $ELVT tokens will empower our holders as we continue to develop and grow our protocol on Base.

Stay tuned for more updates as we move forward, including detailed tokenomics and other exciting announcements.

Looking Ahead:

Now that the airdrop is complete, we’ll be providing further updates shortly, including detailed tokenomics and other exciting news!

Thank you for being part of this journey with Elevate. We’re excited to continue growing together and bringing more innovation to the blockchain space! 🚀