aelf

aelf is a Layer 1 blockchain network, launched in 2017 and headquartered in Singapore, that aims to provide a scalable and low-cost infrastructure for decentralized applications. It targets developers and enterprises who want to build or deploy smart contracts and Web3 applications, positioning itself as an AI-enhanced platform with modular Layer 2 rollup capabilities. Its native token is ELF.

aelf uses a multi-layered architecture built around C# as its primary programming language, with a main chain handling coordination and side chains handling specific application tasks to reduce congestion. The consensus algorithm is not recorded in the available data, so no further mechanical detail on block production can be stated. ELF is the token used within the network to pay for transaction fees and participate in the ecosystem.

Over the trailing 30 days, the network collected 25.00 USD in total fees, of which 2.48 USD was retained as protocol revenue and 22.52 USD went to supply-side participants such as validators or stakers, implying a take rate of 9.92% for that period. Over the trailing 12 months, total fees reached 2,513.76 USD and protocol revenue reached 251.83 USD. Fee generation has been declining, with fees falling 21.09% and revenue falling 23.08% over the last 30 days. The annualized fee figure extrapolated from the trailing 30 days stands at approximately 304.17 USD, placing the fee yield — annualized fees as a share of market capitalization — at 0.00059%, which reflects how small the current fee stream is relative to the network's circulating market value.