For real assets to be recognized for their value on-chain and used as digital assets, not only should the logic of the Smart Contract be valid, but the linkage between the blockchain and tangible assets should be thoroughly managed and supervised. Therefore, to maintain the ELYFI ecosystem correctly and sustainably, the structure and relationship between participants must be logical and appropriate, thus allowing stakeholders to draw a ‘fair and reasonable conclusion as to why ELYFI maintains the ecosystem in a particular way.
ELYFI is convinced that decentralized financial markets will achieve more significant growth and do more. However, the platform that ELYFI dreams of becoming still faces some problems that need to be solved. To address these, we need participant involvement, proposals/suggestions, verification, and sufficient data.
ELYFI looks forward to welcoming such participation, and in this document, they would like to introduce the content that we have considered and studied so far. They hope that this platform will be the first step towards connecting the new financial market, called DeFi, with existing traditional assets.