
Elysium
$ELY
Deflationary Token on Cronos Chain
Founder: [@RealCro271 on X]
OverView
Elysium ($ELY), the Diamond of Cronos💎 is a deflationary token with an automated burn mechanism tied to market cap milestones. This mechanism is designed to reduce the total supply progressively, creating scarcity and long-term value as the project grows.
Elysium the Diamond of Cronos💎
Token Ticker ($ELY)
Elysium the Diamond of Cronos💎 Token Ticker ($ELY)
Burn Mechanism
Initial Burn & Milestone Burns:
1️⃣ Transaction-Based Burn 🔥
🔹 0.01% of every transaction is automatically burned, ensuring a continuous reduction in supply.
2️⃣ Milestone Burns
Elysium initiates manual burns at key market cap milestones:
🔥 1% burned at $100K MC
🔥 2% burned at $200K MC
🔥 3% burned at $300K MC
🔥 4% burned at $400K MC
🔥 5% burned at $500K MC
🔥 10% burned at $1M MC
Total milestone burn: 25% of the total supply!
Post-$1M MC Dynamic Burn System
Beyond $1M MC, Elysium introduces a quarterly burn system to sustain deflation:
🔥 1% of total supply burned at every $100K MC increment until 50% of total supply is removed.
Once 50% is burned, the burn rate adjusts to 0.5% per $100K MC increase.
🔥At$1.1M MC, burn 1% of the total supply.
🔥At $1.2M MC, burn 1% of the total supply.
🔥At $1.3M MC, burn 1% of the total supply.
🔥At $1.4M MC, burn 1% of the total supply.
🔥At $1.5M MC, burn 1% of the total supply.
Continue this cycle in $100K increments, until 50% of the total supply is burned.🔥
Once 50% of the supply is burned, the burn rate will reduce to 0.5% per $100K MC increase.
How It Works
The burn mechanism is automated and directly tied to market cap milestones, ensuring burns happen automatically as the token grows.
✅ Automated & Transparent: Burns are automatically triggered upon reaching milestones.
✅ Community-Driven: All burn events are publicly tracked on Elysium’s official X (Twitter).
✅ Long-Term Sustainability: The burn system continues until 50% of supply is eliminated or project goals are achieved.
🔥 True scarcity. Real value. Welcome to Elysium. 🚀
Burns are triggered once market cap milestones are met (or other agreed intervals) are met.
Elysium Token ($ELY) involves risks inherent in blockchain technology and smart contracts. We are not financial advisors, and the information provided is for educational purposes only. Use at your own risk, and only trade funds you can afford to lose. Consult a financial advisor if needed. Terms Subject to change.
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