TechFlow news on April 1 — Fixed-rate lending protocol Element Finance has announced the launch of Element DAO and the issuance of its ELFI token. The total supply of ELFI is 100 million tokens, with 10% allocated for airdrops. Of this, 7.5% will be airdropped to 9,989 Element users, while 2.5% will go to 500 Element community members and 5,381 contributors within the Ethereum ecosystem. Additionally, Element will distribute 5,000 Elfiverse-series NFTs to commemorate the launch of Element DAO.
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