Today’s Gazette: The "What the F*" Edition!

Let’s address the questions that are on everyone’s mind:

• What the f* is this airdrop?

• What the f* are these NFTs?

• What the f* is this launchpad (pre-sale)?

We hear you. These are fair questions, and it’s time to shed light on everything so you can fully understand what we’re building and why we’re doing it this way. Our community deserves to know everything.

So grab a coffee, sit back, and dive into what makes Elys Network truly unique.

What the F* Are These NFTs?

We’ve seen the confusion:

• Why do we have Phase 1, Phase 2, Tier 1, Tier 2, Silver, and Gold NFTs?

• Why are NFTs part of the airdrop?

• What do they mean for newcomers vs. long-time supporters?

Here’s the Concept:

Phase 1 and Phase 2 NFTs were distributed for free after each testnet phase to participants who completed a minimum number of on-chain actions.

But why NFTs instead of just tokens?

Because we wanted to give our community freedom and control. Traditional airdrops are rigid—you’re forced to wait for project timelines, and you have little say in what happens next.

With NFTs:

1. You can sell anytime. If you’re not interested in the project, you can exit on your terms.

2. You can hold or buy more. If you believe in Elys, you can double down and acquire more NFTs.

3. Newcomers can join anytime. This creates a flexible entry point for those who missed earlier phases.

At Elys, freedom is at the core of our ethos.

How the NFTs Are Structured

• Phase 1 & 2 NFTs: Open editions (all identical).

• Gold & Silver NFTs: PFPs (unique designs).

Phase 1 & 2 NFTs:

These are utility NFTs designed to:

• Qualify for the first airdrop.

• 30% bonus for the Presale Launchpad

• Be “burned” to mint Gold & Silver NFTs.

One example below:

Gold & Silver NFTs:

These are long-term assets designed to reward our most loyal supporters. They are the foundation of our ecosystem.

Gold & Silver NFTs provide access to:

• Qualify for the first airdrop.

• 30% bonus for the Presale Launchpad

• Incentivized mainnet rewards.

• Future airdrops (remember, 37% of the airdrop allocation remains + more coming from the 9% total supply reserved for marketing & growth🤫)

• Fee discounts (membership tiers).

• Features like staking, lending, and more in the future.

These NFTs are a badge of belonging to the Elys Network community. If you’re holding them, you’re an OG, and we’ll continually reward you for being part of our journey.

What the F* Is This Airdrop?

5% of the total token supply is allocated to airdrops, spread across three phases over one year.

“But 5% Feels Small...”

That depends. If the token only serves as a “governance token - shape the future on-chain” with no rewards, then yes, it might seem small.

And maybe it’s more than that? If you’ve read the above, you already know it is.

But if 5% of the supply lets you stake your tokens and earn rewards like:

• Swap fees.

• Transaction fees.

• Perpetual fees.

• Liquid staking fees.

• Incentives in EDEN tokens.

Then it’s a whole different story.

Have a look here:

With ELYS, your tokens work for you—giving you access to rewards representing way more than 5% of the supply: 36% of the tokenomics when factoring in liquidity mining, staking, airdrop and community funds.

Unlike all those projects that ask you to do things just to sell nice stats to VCs and then come out with an unusable token, we've decided to go the other way.

We want to give you a token that serves a purpose, bring you more rewards daily and belongs to the community.

How this airdrop Works:

The airdrop is structured to reward different levels of commitment:

1. Phase 1 & 2 NFTs (Tier 1 & Tier 2).

2. Gold NFTs: Highest rewards.

3. Silver NFTs: Substantial rewards, but less than Gold.

Gold and Silver NFTs have the most value because they represent long-term participation in the ecosystem.

And here’s the kicker: tokens are not vested.

From day one, you’ll be able to:

• Stake your ELYS.

• Earn rewards.

• Actively participate in the ecosystem.

In short, the airdrop is designed to reward those who stay and use Elys products while giving others the freedom to sell or hold as they please.

What the F* Is This Launchpad?

A launchpad is a public token sale, and here’s how we’ve structured it to put the community first.

Private Rounds:

• Pre-seed: (undisclosed yet).

• Seed: $2.5M raised.

• Strategic: (undisclosed yet).

Why Not Raise $100M Like Everyone Else?

Because we don’t need it. Elys isn’t about excess.

Our goal is to create a token that belongs to the community.

We’ve learned from projects with heavy VC backing—nobody wants to be dumped on anymore.

That’s why we’ve designed ELYS to avoid the traditional PvP (Player vs. Player) dynamics and instead foster a PPP (Player Pump Player) culture.

Launchpad Structure:

1. NFT Holders: 30% bonus.

2. Community Members: 15% bonus.

3. Public Sale: Open to all, no bonus.

Fairness Matters:

We’ve intentionally made our public sale terms more favorable than VC rounds:

• Pre-Seed: 8.5% at TGE, 6 Months cliff, 12 Months linear vesting

• Seed & Advisors: 10% at TGE, 5 Months cliff, 12 Months linear vesting

• Strategic: 12.5% at TGE, 4 Months cliff, 12 Months linear vesting

• Public sale: 15% at TGE, 1 Months cliff, 6 Months linear vesting

And most importantly, vested tokens cannot be staked. This ensures a level playing field for all participants.

Why We Built Elys This Way

We’ve spent months listening to the community (even playing in the trenches on Solana), analyzing trends, and learning what matters to you. Freedom, fairness, and fun are the cornerstones of our approach.

• Freedom: You decide what to do with your NFTs and tokens.

• Fairness: Community members get terms as good or better than VCs.

• Fun: Through unique features like incentivized rewards and NFTs with long-term utility.

Elys isn’t just a DeFi platform; it’s a movement built by and for its community.

This is why Elys is for the People.