The ELPH token is an ERC20 token used to power the curation mechanics for the decentralized app store.
The Elph Protocol sets the rules and mechanics on how the decentralized app store is curated. The ELPH token is an integral part of the protocol for curators to approve and rank dApps in the store.
DApp Submission Process
DApp Developers stake ELPH tokens to apply into the store. Curators can also stake ELPH tokens to challenge applications, which are approved or rejected by a global token-holder vote.Learn more »
All network participants receive value from the Elph Protocol. Consumers find the best dApps, developers get distribution for their dApps, and curators get additional tokens as rewards for properly curating dApps.Learn more »
Read our token whitepaper to learn more about the ELPH token, how the Elph Protocol works, and the cryptoeconomic incentives.