🔴Elite Protocol Docs

Elite Protocol on Base Chain uses $ELT and dynamic supply adjustments for a stable $USDC peg, offering users enhanced liquidity and financial opportunities.

Introducing Elite Protocol, the newest standard of Tomb Fork on Base Chain! This revolutionary protocol is set to disrupt the traditional Tomb Fork landscape with its innovative design and seamless integration with the Base Chain ecosystem.

At the core of Elite Protocol is $ELT, an algorithmic token that serves as the backbone of this rapidly expanding protocol. Designed with a clear mission to bring liquidity to users, $ELT is poised to unlock new opportunities and maximize your financial potential.

Elite Protocol's token is an algorithmic stable coin protocol, pegged 1:1 to $USDC on Base Chain. It ingeniously uses three tokens ($ELT, $ESHARE, $EBOND) to incentivize a stable 1:1 peg to $USDC. The underlying mechanism of Elite Protocol dynamically adjusts the $ELT supply, pushing its price up or down relative to the price of $USDC.

This is not just another protocol; it's a game-changer. It's an opportunity to be part of a financial revolution that is set to reshape the future of Base Chain. With Elite Protocol and the $ELT token, you're not just a participant, you're a pioneer.

Don't miss out on this exciting opportunity to be part of the Elite Protocol. It's more than just a protocol; it's a movement. It's the future. And it's here. Join us as we embark on this exciting journey and reshape the future of Base Chain together.