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.
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.
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.
A bidirectional bridge allowing movement of tokens, state, logic and workload between Ethereum and EtherLite.
EtherLite’s high-throughput, fast finality, and low fees make the platform very cost-effective.
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.
EtherLite’s system of validator nodes create a secure and trustless network all over the globe.
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 from 4% APY up to 13% APY according to the chosen lock-up period of up to one year.
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
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.