The Everlasting Parachain (ELP) Tokenomics
The Everlasting Parachain (ELP) Information
The Cycan Network (CYN) is a decentralized cross-chain asset management platform that provides users with convenient asset management tools and diverse investment strategies to achieve value growth for their digital asset portfolios. Cycan is focused on the DeFi market and will be deployed on Kusama, BSC networks and other public chains.
The Everlasting Parachain (ELP) is the canary network of the Cycan Network（Like KSM to DOT）and will be deployed on Kusama，BSC networks and other public chains. ELP is a decentralized cross-chain asset management platform with the same features as Cycan but for the NFT market.
Everlasting Cash (ELC) is an anti-inflation algorithmic stablecoin on the Cycan network, which is minted by staking CYN, ELP or both. Due to its anti-inflation characteristics, ELC should be attractive in negative interest environments.
Phenix test-net is Cycan's test network is being tested on Polkadot’s Rococo test network.
The Everlasting Parachain (ELP) Tokenomics & Price Analysis
Explore key tokenomics and price data for The Everlasting Parachain (ELP), including market cap, supply details, FDV, and price history. Understand the token's current value and market position at a glance.
The Everlasting Parachain (ELP) Tokenomics: Key Metrics Explained and Use Cases
Understanding the tokenomics of The Everlasting Parachain (ELP) is essential for analyzing its long-term value, sustainability, and potential.
Key Metrics and How They Are Calculated:
Total Supply:
The maximum number of ELP tokens that have been or will ever be created.
Circulating Supply:
The number of tokens currently available on the market and in public hands.
Max Supply:
The hard cap on how many ELP tokens can exist in total.
FDV (Fully Diluted Valuation):
Calculated as current price × max supply, giving a projection of total market cap if all tokens are in circulation.
Inflation Rate:
Reflects how fast new tokens are introduced, affecting scarcity and long-term price movement.
Why Do These Metrics Matter for Traders?
High circulating supply = greater liquidity.
Limited max supply + low inflation = potential for long-term price appreciation.
Transparent token distribution = better trust in the project and lower risk of centralized control.
High FDV with low current market cap = possible overvaluation signals.
Now that you understand ELP's tokenomics, explore ELP token's live price!
ELP Price Prediction
Want to know where ELP might be heading? Our ELP price prediction page combines market sentiment, historical trends, and technical indicators to provide a forward-looking view.
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Disclaimer
Tokenomics data on this page is from third-party sources. MEXC does not guarantee its accuracy. Please conduct thorough research before investing.