A proposal to integrate Elk.Finance’s ELK token into Sherpa Cash to create a bridgeable option on the Sherpa Protocol.

We recommend adding ELK’s Native Coin to the Sherpa protocol as a depositable asset. We also suggest offering 25, 250 and 500 as depositable amounts (in ELK) to have a wide range for users. This would enable a private solution for transacting with a bridgeable asset, with continual use cases on the Avalanche blockchain.

Elk.Finance provides a fast and cheap way to move value into and out of a growing number of chains, via ElkNet multi-chain bridge. The bridge will undergo further development, such as smart order routing (offloading trades from multiple-chains and/or providing the ability to swap on a different chains to get a better price). Also, support for cross-chain loans and multi-chain synthetic/collateralized assets, including a Collateralized Stable Coin.

As part of our roadmap:

● Many new chains will be deployed, further adding market exposure amongst all chains Elk supports

● Release of NFT Collections that will have utility in metaverses which Elk.Finance builds a presence in

● UI/UX enhancements delivering an engaging and supportive experience for users

● Strategic partnerships and continual development of relationships on every chain Elk supports

● Many product offerings such as proxy tokens, including Stable Coins

● Major Cex/Dex listings strategically sought to grow market presence and liquidity

● Becoming a DAO and having a fully decentralized protocol

The Elknet Bridge is unique in the market and benefits users in the following ways:

● ElkNet is Trustless: ElkNet will be fully decentralized

● ElkNet has 6 Chains supported and many coming due to its versatile design

● ElkNet is low cost - requiring only the cost of gas for the transaction

● ElkNet is fast - 7 second average speed

● There are no fragmentation or proprietary wrappers used

● The use of the bridge is not dependent on exit liquidity

● ElkNet will be a Mainnet with an SDK for developers to build on top of

Elk.Finance has a team that is committed to self-regulating the Crypto/Defi Universe, providing market leading support, products, and safety to our partners and communities.

Website: elk.finance

ELK Address: 0xe1c110e1b1b4a1ded0caf3e42bfbdbb7b5d7ce1c