📈Buy and Sell Fees

Market Taxes

Elastic Yield buy and sell fees are a crucial element of the ELYI, providing essential capital for protocol operations.

While other protocols rely on selling bonds to support similar functions, we believe this approach carries more risk. If bonds go unpurchased, the token's support can weaken, potentially leading to a downward spiral in price, as observed in some bond-based protocols.

Moreover, selling bonds imposes costs on token holders, reducing the available APY and eliminating the potential for a stable APY.

The fees (4% for buys and 4% for sells) enable ELYI to offer Safu holders a stable high yield of 493,056.52% annually.

Project Name	ElΔstic Yield
Symbol	ELYI
Smart Contract	TBA
Application	Decentralized Finance / Rebase
Maximum Supply of Tokens	maximum supply of 3.25 Billion
Airdrop	20%
Tokens for Team	5%