What is ElkFinance?
ElkFinance is a peer-to-peer network for cross-chain value transfers and blockchain interoperability. The network's cross-chain engine, ElkNet, enables secure and efficient transfers of value and information between blockchains. ElkFinance offers several innovative features such as a cross-chain utility token ($ELK), cross-chain swaps between all connected blockchains, and Impermanent Loss Protection (ILP) for liquidity providers. The Elk token is an ERC20-compatible utility token that doubles as the governance token for the Elk network. ElkFinance will soon release a stablecoin called CHFT to facilitate cross-chain value transfers and payments.
