Deflationary Forces on Maximum Supply

EDEN's Role in Controlling Supply

EDEN introduces a smart inflation-control mechanism via a MaxAPR design.

• Each pool has a predefined MaxAPR (e.g. 75%)

• The protocol determines how many EDEN should be minted to match that APR

• If less is needed based on user activity, EDEN is not minted

• Since EDEN = ELYS, any un-minted EDEN = un-minted ELYS

Example:

• Protocol can mint 10,000 EDEN/day

• Only 700 are needed

• 9,300 EDEN are skipped

• Result: 9,300 ELYS tokens are never minted

This results in a maximum supply reduction. As of May 2025, the Impact:

• Supply not created: 7.5M tokens

• New max supply: 192.5M ELYS, down from the original 200M

ELYS Taker Fee

With each swap transaction, a taker fee is charged.

• The current Taker Free is 0.05%

• The Taker Fee is used to automatically purchases ELYS (if needed), then sends the ELYS to be burned

• The burned ELYS reduces the maximum supply at a 1-for-1 basis.