The Elata Biosciences Governance Token
The Elata Biosciences Governance token is the lifeblood of Elata. Using our Governance token, $ELTA, tokenholders oversee vital initiatives and processes.
$ELTA Tokenomics
Token Distribution
Total supply: 77,000,000
Vesting Schedule
6-years
To maximize alignment and foster sustainable growth, Elata has implemented a 6-year linear vesting schedule exclusively for contributors. This strategy aims to prioritize the long-term health of the Elata ecosystem by fostering a balanced and sustainable token distribution plan.
$ELTA Capabilities
$ELTA tokenholders shape our operating model and help us achieve success.
Bottom line voting
$ELTA tokenholders broadly decide the bottom line of high-level initiatives on Elata's DAO level.
Proposals
$ELTA tokenholders can make executive proposals on the DAO level across a broad range of categories.
Rewards & incentives
$ELTA holders are eligible for select staking rewards and incentives to ensure long-term holding.
Frequently asked questions
Where can I buy the token?
On what platform will $ELTA initially be launched on?
As a part of our Token Generation Event (TGE), we will be launching on the Base blockchain.
Is there an estimated timeline for the TGE (Token Generation Event)?
Prior to the official $ELTA TGE, we will be holding our community sale. For our community sale, we will be partnering with Juicebox as a way of increasing access and participation amongst our community members.
I participated in Elata's Public Presale. How do I get my tokens?
The contributions during the Public Presale act as vouchers for future tokens. Currently, no tokens have been issued yet; they will be proportionally airdropped to participants when launched on Base. The "total supply" you see now on the Juicebox project page is just for the pre-sale stage, not future tokens.