$UPEG had a strong start.
$SATO chose a different path.
$PRISM focused on building for users.
Respect to every project contributing to the ecosystem.
With $ELIAS, we tried to take the lessons from all of them and build something that truly aligns with the community.
Fully built on @base .
Powered by @Uniswap v4.
No unnecessary layers.
No artificial complexity.
Just community ownership, participation, and value flowing back to the people who make the ecosystem possible.
This thesis resonates with us.
The next generation of DeFi products won’t necessarily be built on leverage and liquidation engines. We’re building around option-based structures that prioritize resilience over forced liquidations.
Still early, but the design space is fascinating.
Building index-tracking assets on top of options instead of debt
ethresear.ch/t/building-inde…
What if the use options as the base of defi, instead of CDPs and liquidations? So instead of extreme price movements creating a sharp and global "you get liquidated" effect, instead your exposure to the index diverges quadratically from your preferred exposure in a smoother way?
A key benefit is getting rid of the need for instant oracles, and instead making everything work on top of "slow oracles" (ie. the type that prediction markets use)
This design has a significant downside - the need to do regular rebalancing - and an open question of whether and how this rebalancing can be made slippage-resistant enough. But it's worth considering and trying IMO. I would feel much safer holding algostables inside something like this, than in something that depends on an oracle that has to give real-time answers (and therefore could be tricked into giving wrong real-time answers with no time for human recourse).
We’re very happy with the early community feedback around $ELIAS.
We’re reading everything, taking notes, and the site will keep improving based on what users actually need.
If you’re holding Facets and earning from pool activity, share your claims, share your experience, and help the community be heard.
Let’s make some noise.
$ELIAS is built with the community, for the community.
The Ticker is $ELIAS
As we approach the end of day one, $ELIAS has already generated and distributed over $4,200 in pool fees to Facet holders.
Just hold ELIAS, keep your Facets, and share in pool activity.
What the pool earns, holders earn.
Buy On: eliasbase.com/
Good point, and worth clarifying.
$ELIAS does not claim to magically remove AMM risk or rewrite pool math.
The primitive is different:
holders do not stake,
do not wrap,
do not manually manage LP positions.
Every whole ELIAS creates a Facet, and Facets share fees from the same ELIAS/ETH V4 position.
The innovation is native ownership + fee routing through the token itself.
Simple UX. Real pool activity. Holder-aligned by design.
the IL claim needs actual hook code verification
standard AMM LPs have inherent IL. for $ELIAS to eliminate it, the V4 hooks would need custom logic - single-sided deposits, dynamic rebalancing, or non-standard pool math
fee mechanics + burn model work if volume shows up. but without seeing how the hooks handle IL, that claim is speculative
check the contract implementation to see if they're actually solving IL or just marketing around it
This is exactly the kind of community energy $ELIAS was built for.
The system is simple:
holders own Facets,
Facets share pool activity,
fees flow back to the community.
No artificial complexity.
No extra layer between the product and the user.
Early days on Base.
By finding the bottom and taking advantage of the best opportunities, $ELIAS creates an ecosystem that forces the community to grow independently.
Growing with confidence, with some development from the team, the utility is working well.
I think $30 is the next stepping stone, at the current marketcap of under 100K it is very early days.
Got x4 from post time and buy, yesterday I talked to dev, they made an ecosystem that forces the community to keep growing well and independently.
I think $ELIAS is worth sending @EliasOnBase
Elias retweeted
Every whole $ELIAS token you hold in your wallet automatically mints a Facet NFT.
That NFT isn’t just art, it’s your literal ownership share in the Uniswap V4 $ELIAS/ETH liquidity pool.
How it works (super simple):
- Hold $ELIAS → Facet NFT auto mints to your wallet
- Every trade in the pool (1% fee) flows directly to your Facet in real time (pro ata)
- Claim ETH anytime with claim(), no staking, no lock up, no team cut, fully permissionless
- Hard capped at 5,000 $ELIAS & 5,000 Facet NFTs
- Selling fractions permanently burns the associated NFT → fewer active Facets = bigger fee share for remaining holders
Built on Uniswap V4 hooks + native ETH. Zero admin keys. No team allocation. No fee switch. No upgrade proxy. 100% of pool fees go to holders forever.
Hold. Earn. Own.
This project makes providing liquidity ridiculously simple. Perfect for those who want passive yield from trading fees without constant rebalancing or impermanent loss headaches.
Just saw the utility @EliasOnBase working,,,
This is why $ELIAS exists.
You don’t need to understand LP management to earn from pool activity.
Hold ELIAS.
Own Facets.
Claim fees.
No staking.
No wrappers.
No range management.
The token is the position.
DeFi usually starts with instructions.
$ELIAS starts with ownership.
A token in your wallet.
A Facet in your collection.
A claim on pool activity.
That’s the product.
eliasbase.com/
This is why $ELIAS exists.
You don’t need to understand LP management to earn from pool activity.
Hold ELIAS.
Own Facets.
Claim fees.
No staking.
No wrappers.
No range management.
The token is the position.
Elias retweeted
$ELIAS
0xa51C24cD70750521d747641d0267c4a315cb4040
The core innovation is structural: holding the token IS the LP position. Most yield-bearing tokens require staking, wrapping, or locking. @EliasOnBase eliminates all of that.
Every whole token auto-creates a Facet NFT that holds a pro-rata claim on the V4 pool’s 1% fee stream.
Fractional sells permanently burn NFTs, mechanically compressing supply and expanding each remaining holder’s share. It’s a self-reinforcing incentive loop — the longer you hold, the bigger your cut gets as others exit.
The 5,000 hard cap is very tight. That’s not 5,000 tokens in the way most people think — it’s 5,000 Facets max, and the live count trends downward by design.
You’re not buying speculation on future utility, you’re buying a scarce yield-generating instrument.
At 1% pool fee with consistent volume, this is essentially a productive asset, not a meme.
Please always DYOR.
The primitive is simple:
A token where holding is the LP position.
$ELIAS brings this idea to Base with a fair, holder-owned design.
Every whole ELIAS creates a Facet NFT.
Every Facet shares the same ELIAS/ETH pool.
No staking. No wrappers. No fee switch.
What the pool earns, holders earn.
$ELIAS is growing.
Over $1,100 in pool fees have already been generated.
Those fees don’t go to a staking contract.
They don’t go to a wrapper.
They don’t go to a team fee switch.
They flow back to Facet holders.
What the pool earns, holders earn.
eliasbase.com/
2,750 Facets have already been minted.
The ELIAS/ETH pool has generated over $540 in fees.
Those fees don’t go to a team wallet.
They don’t go to a staking contract.
They don’t go to a wrapper.
They go to Facet holders.
What the pool earns, holders earn.
Buy On : eliasbase.com/
This is $ELIAS working exactly as designed.
A holder claimed fees directly from the ELIAS/ETH pool.
No staking.
No wrappers.
No LP management.
No middle layer.
Just hold ELIAS.
Own a Facet.
Earn from pool activity.
What the pool earns, holders earn.
$ELIAS is built around one rule:
What the pool earns, holders earn.
Every whole ELIAS creates a Facet NFT.
Every Facet is a share of the same ELIAS/ETH pool.
No staking.
No wrappers.
No hidden fee switch.
No LP management.
A fair holder-owned DeFi primitive on Base.
0xa51C24cD70750521d747641d0267c4a315cb4040
eliasbase.com
DeFi has been too complicated for too long.
$ELIAS changes the UX:
Hold the token.
Own the LP position.
Earn the fees.
No staking. No wrappers. No managing liquidity.
A native Uniswap V4 experiment is live on Base.
0xa51C24cD70750521d747641d0267c4a315cb4040
eliasbase.com
Elias retweeted
They've created a @prism_lp like system on the @base network. @EliasOnBase
Tokens are converted into NFTs using the same logic, and you receive a fee for them.
Their mcap 20k is very low. 👀
Do your own research.
CA: 0xa51C24cD70750521d747641d0267c4a315cb4040
This is $ELIAS.
A token where holding is the LP position.
Every whole ELIAS creates a Facet NFT.
Every Facet earns from the same ELIAS/ETH Uniswap V4 pool.
No staking. No wrappers. No LP management.
Built on Base.
Powered by Uniswap V4.
eliasbase.com
This is $ELIAS.
A token where holding is the LP position.
Every whole ELIAS creates a Facet NFT.
Every Facet earns from the same ELIAS/ETH Uniswap V4 pool.
No staking. No wrappers. No LP management.
Built on Base.
Powered by Uniswap V4.
eliasbase.com