ETL is EtherLite’s network native token. It is used to run the network starting with the adopted Proof of Stake consensus mechanism whereby staking ETL is necessary for one to become a public validator node. In addition, ETL is used for network governance and payment of fees. participate in Pre-ICO & be a part of EtherLite.

Why EtherLite

FAST | RELIABLE | SCALABLE

EtherLite is a blockchain platform built for efficiency. Leveraging our Proof-of-Stake mechanism,

we provide you with an extremely fast, secure and low fee environment to transact on.

Fast transaction finality

At EtherLite transactions become instantly irreversible. There is no need to wait tens of minutes for confirmations. Fast block times ~5s and 10,000+ TPS.

Modular internal structure

EtherLite’s modular internal architecture is flexible, easily customizable and less error prone.

Security

EtherLite runs on a trustless Proof-of-stake network where validators are themselves stakers.

Compatible with Ethereum

EtherLite is fully compatible with the EVM meaning that any existing Ethereum smart contract and tooling can be used at EtherLite.

Build on EtherLite

As EtherLite is fully compatible with the Ethereum Virtual Machine (EVM), developers can port their existing Ethereum-based dApps in a matter of minutes, substantially upgrading the performance and lowering the costs. EtherLite functions in the same way Ethereum does so smart contracts play the same role here, any developer familiar with Ethereum can use EtherLite without (almost any) additional skills required. At EtherLite, Solidity is the programming language used to build smart contracts. Start building on EtherLite using Solidity and the tools you are already familiar with: Remix, Truffle and Metamask.

Interoperability

A bidirectional bridge allowing movement of tokens, state, logic and workload between Ethereum and EtherLite.

High throughput

EtherLite’s high-throughput, fast finality, and low fees make the platform very cost-effective.

Open source

EtherLite code is open source and therefore anyone can read it, check its progress, give us feedback and help us to build the network further.

High security

EtherLite’s system of validator nodes create a secure and trustless network all over the globe.

ETL Staking

Stake On EtherLite

By staking your ETL you help to maintain EtherLite’s network secure and by doing so you earn rewards.

Staking rewards are released according to your chosen preferences.

Earn Rewards

Earn from 4% APY up to 13% APY according to the chosen lock-up period of up to one year.

Validator security

Stake to help secure the network and get rewarded in return.

Minimum hardware required

You don’t require any specific hardware to stake.

Run a node

Validator nodes are essential to run the network securely. To run a full-node, the minimum stake required is 100,000 ETL

Community

Join EtherLite Community

EtherLite is a borderless, decentralized network with validators and community members from all around the world.

Join the discussions on forum and stay up to date with the latest news and announcements.