EO
This pages outlines the key info about the EO token.
Overview
EO is the native token of Elevado, consisting of 999 ERC-721 tokens on Ethereum.
Utility
EO provides two key utilities to holders: (1) pre-ICO whitelisting to all asset primitives launched by Elevado, and (2) governance power on the guidance of defining economic parameters over these asset primitives.
Whitelisting
EO holders are granted exclusive access to the pre-ICO round for all asset primitives launched by Elevado. This round is strictly limited to EO holders and the only pre-ICO event conducted by Elevado for each launch.
For example, in Etamurho, up to 60% of the total supply is projected to be allocated to EO holders during the pre-ICO phase, with the remaining 40% allocated for secondary market liquidity provisioning (i.e., via protocol-owned liquidity). In its turn, in Ethertower, initial protocol liquidity positions will be entirely offered to be filled by EO holders.
The amount of EO held by a participant determines the allocation position in any given pre-ICO event. Each EO token corresponds to a proportional share of the total whitelisted allocation. Therefore, the ownership of more than one EO token provides a multiplicative effect on an individual’s participation rights.
Governance
EO holders are entitled to participate in governance discussions regarding the economic fundamentals of each asset primitive launched by Elevado.
Governance inputs include, but are not limited to:
Pre-ICO allocation percentages
TGE timing and structure
Any other relevant macroeconomic configuration related to a primitive’s launch
Governance occurs via a token-gated Discord server, ensuring only verified EO holders are allowed to access and contribute to these strategic discussions.
While Elevado's founding team (Elevado Labs) retains ultimate discretion on protocol deployment, the team is fully committed to collaborative governance with the EO community – leveraging governance as a mechanism for alignment and consensus building between Elevado and its stakeholders.
Economics
TBA
Further details about EO economics, including distribution, launch, and post-mint dynamics, will be announced soon.
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