# Introduction What is ELYFI Protocol {% hint style="info" %} This ELYFI documentation is archived as part of Elysia's history and is no longer maintained. ELYFI merged into [Elysia DeFi](https://www.elysia.land/defi) in January 2026. For Elysia's current products (RWA tokenization, Elysia Perps and ELUSD), visit [elysia.land](https://www.elysia.land/). {% endhint %} ELYFI Protocol is a decentralized finance (DeFi) platform designed to bridge the gap between traditional finance (TradFi) and blockchain-based financial solutions. By leveraging the power of Web3 technology, ELYFI Protocol aims to tokenize a variety of real-world assets, initially focusing on the residential real estate sector, and now expanding to include receivables such as e-commerce receivables. The platform provides a wide range of opportunities to DeFi users. ELYFI Protocol enables borrowers to access loans backed by tokenized real assets, while liquidity providers can earn interest on their investments in a secure and transparent environment. #### ELYFI Protocol's Mission and Goals The mission of the ELYFI Protocol is to connect DeFi with real-world assets and provide stability to the on-chain market. ELYFI Protocol envisions a future where DeFi liquidity providers have access to a diverse set of investment opportunities, including real estate investments and various receivables, with improved liquidity, profitability, and safety. By tokenizing real estate and other assets, ELYFI Protocol aims to make the investment process more efficient and lower the barrier to entry for both borrowers and liquidity providers. ELYFI Protocol is committed to maintaining a stable and secure platform that adheres to regulatory requirements, while also being governed by a decentralized community of token holders, fostering transparency and community-driven decision-making. #### History ELYFI Protocol offers a diverse range of investment products with varying yields and maturities. Since its launch in 2021, ELYFI has operated a total of 82 loan-to-value real estate products. Between Q3 2021 and Q1 2023, the platform has facilitated 64 loans, totaling $8,267,391 in investments. # Tokenization of Real-World Assets ELYFI Protocol enables the tokenization of various real-world assets, initially focusing on the residential real estate sector and now extending to encompass receivables such as e-commerce receivables. Tokenization allows asset owners to raise capital more efficiently, while offering DeFi liquidity providers access to a diverse range of real asset investments that provide potential profitability and stability. These products include loans backed by real estate, SMEs, and medical personnel. ELYFI sources its receivables from online investment-linked financial business entity in Korea, such as PeopleFund and 90days. These companies are reputable financial institutions in Korea, regulated by the Korean Financial Services Commission (FSC). * Apartment Collateralized P2P Principal Receivable: 10-13% yield with a 1-year maturity. * Mortgage Loans (real estate): 11-12% yield with a 1-year maturity. * E-commerce Receivables: 10-13% yield for 90 days with a 7-day to 2-week maturity, and 6-8% yield with a 1-2 week maturity. * Physician Future Receivables (credit): 10-13% yield with a 6-month maturity. To deliver a more comprehensive representation of the assets and improve the investment process, ELYFI Protocol tokenizes real assets in the form of Non-Fungible Tokens (NFTs). Each NFT represents a unique asset and includes detailed information about the asset, as follows: * Collateral type (collateral\_type): This field indicates the type of collateral securing the tokenized asset, such as principal receivable based on e-commerce receivables. * Right to receive principal and interest payments: This field contains an IPFS link to an image representing the investor's right to receive principal and interest payments on their investment. * Certificate number (certificate\_number): A unique identification number for the investment certificate. * Holder (owner): The owner of the investment certificate. * Item number (item\_number): A unique identification number for the specific investment product. * Product name (product\_name): A descriptive name for the investment product, such as Card Transaction Settlement (CTS). * Investment amount (investment\_amount): The total amount invested in the specific asset. * Investment rate (investment\_rates): The interest rate or return on the investment. * Investment post date (investment\_post\_date): The date the investment was made. * Repayment due date (repayment\_due\_date): The date by which the investment must be repaid, including principal and interest. By incorporating this additional information within each NFT, ELYFI Protocol offers liquidity providers enhanced transparency and a more comprehensive understanding of their investments, contributing to the platform's overall efficiency and security. # Tiered Structure With ELYFI version 2, a tiered structure is introduced, featuring senior and equity tranches that provide users with more options to suit their risk preferences. Senior tranche liquidity providers receive a fixed percentage of returns, while equity tranche liquidity providers take on a portion of the senior tranche's risk in exchange for a potentially higher return. This structure allows liquidity providers to choose the level of risk they are comfortable with, and it promotes a balanced approach to risk management. ELYFI Protocol uses Senior Tokens (SNT) and Equity Tokens (EQT) to represent investments in senior and equity tranches, respectively. Liquidity providers can buy and sell Senior Tokens before their expiration date through the waiting pool. There are no penalties for early repayment by borrowers. The tranche ratio of 7:3 allows for greater flexibility in managing the investment pool. The initial rate is set at 100%, and the minimum ratio is 15%, which is half of the equity tranche. The pool manager can vote to suspend or restart the pool based on certain indicators, such as the ratio of the equity pool principal to the senior pool principal. A delinquency is defined as any amount past its due date. A pool suspension occurs when delinquencies exceed 15%. During suspension, further lending is restricted, but loan repayments, pending applications, and transactions are allowed. A 7-day grace period follows a pool suspension, during which the pool may be reactivated if arrears are filled and specific criteria are met. If the arrears are not filled during the grace period, the pool is closed, and those in good standing will be paid when the due date arrives. # Refundability and Withdrawals In ELYFI version 2, to enhance the stability of the protocol, users' liquidity can be added or removed based on a queue. A waiting list is implemented for liquidity supplying and redemption, matching them when conditions are met. Refundability and Withdrawal features are only available for Senior pools. The price of Senior Tokens increases as the time to receive interest approaches. If collateral becomes delinquent or defaults, the price of Senior Tokens may decrease. The Equity pool does not have a reserve pool because it is a subordinated pool, and liquidity providers are required to participate from the start of the pool until maturity. # Portfolio Structure The ELYFI Protocol is organized into multiple portfolios. Users can view the existing portfolios within the protocol and allocate their liquidity to a specific portfolio based on a combination of stability and return. Each portfolio has an administrator, called an Asset Originator. An Asset Originator may borrow cryptos. Each portfolio has a cap, determined by the protocol based on the Asset Originator's deposit, reputation, and trustworthiness. This cap limits the accumulation of assets within the portfolio. #### Portfolio States There are five states of a portfolio: * Funding status: This is the stage where depositors can supply cryptocurrency to the pool. * Funded status: The pool's target amount has been raised. A pool refund will be given if the pool cannot be raised within the stipulated period. * Live status: The loan and repayment is in progress. * Stopped state: When a change in exchange rate or overdue amount occurs in a pool that is in Live state, it becomes Stopped when certain conditions are met. When a pool is stopped, loans become unavailable, and borrowers have a grace period (e.g. 7 days). During the grace period, if conditions are not met and cannot be returned to Live status, depending on the pool status, Senior Closed if all senior depositors can withdraw, or Closed if there is no default amount, all depositors can withdraw. State changes between Live and Stopped can be performed by anyone. * Senior Closed Status: The Pool enters Senior Closed status when there is sufficient money for Senior Depositors to withdraw when the Pool reaches maturity or if conditions are not met during the grace period following suspension. * Closed state: When a pool reaches maturity, or if conditions are not met during the grace period following a suspended state, the pool enters the Closed state when all redemptions are complete and the pool is closed. # Asset Originator Asset Originators manage one or multiple portfolios, each of which has a cap determined by the protocol based on the Asset Originator's deposit and trustworthiness. Asset Originators can create loans, each represented by a unique NFT, to manage the assets within a portfolio. They can access capital markets 24/7 and faster settlement than traditional finance systems with ELYFI protocol. Asset Originator are also responsible for managing the composition of the loans to maximize returns. While the portfolio will generally be made up of loans sized appropriately for the maturity of the pool and the liquidity size of the pool, the final composition is the responsibility of the Asset Originator. In the event of insolvency of a particular portfolio due to mismanagement, the Asset Originator bears the losses, thus providing a built-in risk management mechanism. # How to become a Asset Originator The process to become an Asset Originator on ELYFI is open to leading institutions in the crypto industry and "real world finance" borrowers such as fintechs and credit funds. Prospective applicants can contact the ELYFI team to walk through the process. Once onboarded, they apply for a loan, which is then vetted by governance to determine if the loan will be executed. To apply to become an Asset Originator with ELYFI, please contact us directly at . # Loans To operate the portfolio, governance decisions are required to create loan contracts. A loan is created to manage the assets within a portfolio, and each asset is an NFT. This means that a portfolio can have multiple loans, which are managed by an Asset Originator. #### Loan States There are five states for a loan: * Created - The loan agreement is created with Elysia NFTs as collateral. * Started - The loan enters this stage once it has been approved by ELYFI governance, and in this state, money can be borrowed. * Canceled - The manager can cancel a loan associated with a invalid token. * Repaid - The loan has been repaid correctly. * Defaulted - The loan is in default. The addition of portfolio and asset management structures enhances the ELYFI Protocol's capabilities, providing users with more control and flexibility in their investments. These structures also add another layer of transparency and security, as users can track the progress and status of their portfolios and loans, contributing to the overall stability and reliability of the platform. # Sourcing and Due Diligence of Receivables ELYFI Protocol sources its receivables from regulated financial institutions in Korea that are under the supervision of the Korean Financial Services Commission (FSC). The platform focuses on financial products with real estate as the underlying asset to ensure the safety and stability of investments. ELYFI Protocol performs thorough due diligence on the receivables it offers for investment, working with experts who possess nationally recognized real estate certifications. When investing in the ELYFI Protocol, liquidity providers use stablecoins, which offer protection from the price fluctuations commonly associated with other cryptocurrencies. However, since the underlying assets are denominated in Korean currency, it is important for liquidity providers to be aware of potential exchange rate risks and opportunities. However, senior tranche liquidity providers receive a fixed percentage return and are not exposed to currency risk, which means their returns remain stable regardless of exchange rate fluctuations. Equity tranche liquidity providers, on the other hand, experience both the risks and rewards associated with currency fluctuations. For example, if the value of the KRW decreases compared to the stablecoin, equity liquidity providers might face losses. Conversely, if the KRW appreciates, these liquidity providers may see substantial gains. #### Coordination with Regulatory Bodies ELYFI actively cooperates with regulatory bodies like the Korean FSC and other relevant authorities. The platform maintains open lines of communication with these organizations to stay informed about changes in regulations and ensure ongoing compliance. # Liquidation In the event of defaults or other adverse events, the interests of senior and equity tranche liquidity providers are balanced using a predefined waterfall mechanism. This ensures that losses are allocated from the equity tranche to the senior tranche, providing a level of protection to the senior tranche liquidity providers. Furthermore the pool issuer will liquidate the pool, and the pool will terminate once the liquidation is complete, and refunds are made. Senior liquidity providers have two options: wait for the offline liquidation process to be completed and withdraw when the funds are available or apply to sell at the price set by the bid-ask system. # Insurance Pool ELYFI Protocol has an insurance fund in place to protect liquidity providers in case of borrower default or platform failure. The insurance fund is funded by a portion of the fees generated by the platform and is regularly reviewed and adjusted to ensure its adequacy in covering potential losses. # Governance #### Decentralized Autonomous Organization (DAO) The ELYFI Protocol is governed by a decentralized autonomous organization (DAO), which consists of sELFI token holders. This structure promotes transparency and community-driven decision-making, enabling a more inclusive and efficient platform management process. #### ELFI and sELFI Tokens: Governance and Voting Rights ELFI is the primary governance token of the ELYFI Protocol. By staking ELFI tokens, users can acquire sELFI tokens, which grant participation in the platform's decision-making process. Holders of sELFI tokens can vote on proposals through the Snapshot platform, influencing the platform's direction, upgrades, risk management, and revenue allocation. #### Loan Underwriting and Execution Process

Loan underwriting and execution process

ELFI governance, represented by sELFI token holders, plays a crucial role in the loan underwriting process. The typical loan underwriting and execution process involves the following steps: 1. Create Loan Information: Asset Originators issue RWA tokens and create loan information for a specific pool. They request Elysia Governance to generate an RWA token containing documents and information about the physical asset before loan execution. To initiate a loan review, Asset Originators create the loan information on-chain and submit a proposal to Snapshot, requesting ELFI governance to review the loan. 2. ELFI Governance Loan Review: Governance participants who own sELFI tokens on Ethereum or BSC verify the loan information proposed by the Asset Originator and vote off-chain for a duration of 1 hour. 3. On-chain Reflection: After voting, anyone with ELFI tokens as collateral can reflect the off-chain voting results on-chain. If more ELFI tokens are used as collateral, the on-chain results can be changed. This game theory incentivizes ELFI token holders to make choices that benefit the platform. The winner of this challenge can reclaim their deposited ELFI tokens, while the loser cannot. We used SafeSnap: Realty, one of the plugins from Snapshot. Please refer to [this link](https://docs.snapshot.org/user-guides/plugins/safesnap-reality). 4. Execute the Loan: If the challenge in step 3 is successfully completed, anyone can execute the loan. Upon execution, the RWA NFTs owned by the Asset Originator become part of the pool, and the stablecoins in the pool are sent to the Asset Originator, equivalent to the loan amount. # Smart Contract Architecture {% embed url="" %} # Contract Addresses ## BSC Mainnet (July 2023) | Contracts | Address | | ------------------------ | -------------------------------------------------------------------------------------------------------------------- | | CurrencyConverter | [0xeD8Fa605dAc543F733d8791fc8D1724bd14598c3](https://bscscan.com/address/0xeD8Fa605dAc543F733d8791fc8D1724bd14598c3) | | DepositController | [0x70A03Fee9d23d2E122BA260eEEE71c56b3485826](https://bscscan.com/address/0x70A03Fee9d23d2E122BA260eEEE71c56b3485826) | | EquityTranche | [0xCC5DC7f2fb6833eE2ca7D8dbe599FCe54321B4f7](https://bscscan.com/address/0xCC5DC7f2fb6833eE2ca7D8dbe599FCe54321B4f7) | | FixedInterestBulletLoans | [0xEBA3B931d7a7177d5adC64Dff3A60232FdE184Db](https://bscscan.com/address/0xEBA3B931d7a7177d5adC64Dff3A60232FdE184Db) | | OrderController | [0x163D3a76F30e11472a0f9ED8843EC5ED25309911](https://bscscan.com/address/0x163D3a76F30e11472a0f9ED8843EC5ED25309911) | | Portfolio | [0x836B9a6EF1B6a813136fe91803285383Ba94956C](https://bscscan.com/address/0x836B9a6EF1B6a813136fe91803285383Ba94956C) | | ProtocolConfig | [0xFcD58eCDfbB46ca31514C30ea996B17AC21778b3](https://bscscan.com/address/0xFcD58eCDfbB46ca31514C30ea996B17AC21778b3) | | RwaStandard | [0x15d9f7703f248667957d63d9f4474250ab8f144b](https://bscscan.com/address/0x15d9f7703f248667957d63d9f4474250ab8f144b) | | SeniorTranche | [0xECD6c25d819D34C961242820bD3161E2A7e01bF7](https://bscscan.com/address/0xECD6c25d819D34C961242820bD3161E2A7e01bF7) | | USDT | [0x55d398326f99059fF775485246999027B3197955](https://bscscan.com/address/0x55d398326f99059fF775485246999027B3197955) | | WithdrawController | [0xF4f31C62AEF4Ec3F0429dc48F95dF10B1146F7D0](https://bscscan.com/address/0xF4f31C62AEF4Ec3F0429dc48F95dF10B1146F7D0) | ## Klaytn cypress (July 2023) | Contracts | Address | | ----------------------------- | ------------------------------------------------------------------------------------------------------------------------ | | CurrencyConverter | [0x52d3a3B30c3511fbfbb08D997Ff15EAB51e516a4](https://klaytnscope.com/account/0x52d3a3B30c3511fbfbb08D997Ff15EAB51e516a4) | | DepositController | [0x2F26CEa4c3d72dF7Be09b5211DbEe2de568E816F](https://klaytnscope.com/account/0x2F26CEa4c3d72dF7Be09b5211DbEe2de568E816F) | | EquityTranche | [0x626894D928DdD9137CadF1A6C0D52A2c023D4f57](https://klaytnscope.com/account/0x626894D928DdD9137CadF1A6C0D52A2c023D4f57) | | EquityTranche\_Implementation | [0x52d870602Ab9D195284486e77E7430Ba2f37114D](https://klaytnscope.com/account/0x52d870602Ab9D195284486e77E7430Ba2f37114D) | | FixedInterestBulletLoans | [0x1b41063dDD77D3C357C8b56D56BfF31E594832b9](https://klaytnscope.com/account/0x1b41063dDD77D3C357C8b56D56BfF31E594832b9) | | OrderController | [0x6903CECB5d47a3704c7e2f5d947bDA60dd587464](https://klaytnscope.com/account/0x6903CECB5d47a3704c7e2f5d947bDA60dd587464) | | Portfolio | [0x7F97f905A8d6fe4C493D339F094232E3577b4DBd](https://klaytnscope.com/account/0x7F97f905A8d6fe4C493D339F094232E3577b4DBd) | | Portfolio\_Implementation | [0x0eFE19Ee0668c7b85bE3106f6C5333DDdD3a3856](https://klaytnscope.com/account/0x0eFE19Ee0668c7b85bE3106f6C5333DDdD3a3856) | | ProtocolConfig | [0x0bC1153fdD3172dc046cB4C113C6D411bBe8e4F8](https://klaytnscope.com/account/0x0bC1153fdD3172dc046cB4C113C6D411bBe8e4F8) | | RwaStandard | [0xc676a0d43DB754d053Bf30B88b052d176665Afa8](https://klaytnscope.com/account/0xc676a0d43DB754d053Bf30B88b052d176665Afa8) | | SeniorTranche | [0x7506c621edBEfD7Ba344c98ff716111AaE3EA226](https://klaytnscope.com/account/0x7506c621edBEfD7Ba344c98ff716111AaE3EA226) | | SeniorTranche\_Implementation | [0xD942c51EcA3222B4F3f661fc796dBE789dFE192f](https://klaytnscope.com/account/0xD942c51EcA3222B4F3f661fc796dBE789dFE192f) | | USDT | [0xcee8faf64bb97a73bb51e115aa89c17ffa8dd167](https://klaytnscope.com/account/0xcee8faf64bb97a73bb51e115aa89c17ffa8dd167) | | WithdrawController | [0xE8470006C078A43a51A40da6778CB9587AEA6B2A](https://klaytnscope.com/account/0xE8470006C078A43a51A40da6778CB9587AEA6B2A) | # Privacy Policy This Privacy Policy ("Policy") describes how ELYSIA DAO LLC. ("ELYSIA," "we," "us" or "our") may collect, use and disclose information, and your choices regarding this information. Please read this Policy carefully and contact us with questions at . #### Applicability of This Policy This Policy applies to our services, which include the services we provide on our platform, user interface to the Protocol or any other websites, pages, features, mobile applications, or content we own or operate (collectively, the "Sites") or when you use any ELYSIA API or third party applications relying on such an API, and related services (collectively, the "Services"). If you do not agree with the terms of this Policy, do not access or use the Services, Sites, or any other aspect of our business. #### What We Collect When you interact with our Services, we may collect: * Contact Information, such as your email address. * Financial Information, such as your Ethereum address, cryptocurrency wallet information, transaction history, and associated fees paid. * Transaction Information, such as information about the transactions you make on our Services, such as the type of transaction, transaction amount, and timestamp. * Correspondence, such as your feedback, questionnaire and other survey responses, and information you provide to our support teams, including via our help chat. * Online Identifiers, such as geo location/tracking details, browser fingerprint, operating system, browser name and version, and/or personal IP addresses. * Usage Data, such as user preferences and other data collected via cookies and similar technologies. * Information We Get from Others. We may get information about you from other sources as required or permitted by applicable law, including public databases, credit bureaus & ID verification partners. We may combine the information collected from these sources with the information we get from this Site in order to comply with our legal obligations and limit the use of our Services in connection with fraudulent or other illicit activities. * Information from cookies and other tracking technologies. We, and third parties we authorize, may Sites and mobile apps, and collect information about the use of the Services, as well as about our interactions with you. This information may include internet protocol (IP) addresses, browser type, internet service provider (ISP), referring/exit pages, operating system, date/time stamp, and clickstream data, and information about your interactions with the communications we send to you. We may combine this automatically collected log information with other information we collect about you. You may choose to set your web browser to refuse cookies, or to alert you when cookies are being sent. If you do so, please note that some parts of our Services may not function properly. How We Use Information We use your information in accordance with your instructions, including any applicable terms in the Terms of Use, and as required by applicable law. We may also use the information we collect for: #### Providing Services and Features We may use the information we collect to provide, personalize, maintain, and improve our products and Services, including as we described in the Terms of Use. This includes using information to: * operate, maintain, customize, measure, and improve our Services, and manage our business; * process transactions; * send information, including confirmations, notices, updates, security alerts, and support and administrative messages; and * to create de-identified or aggregated data. #### Safety and Security We may use your information to help maintain the safety, security, and integrity of you and our Services, including to: * protect, investigate, and deter against fraudulent, unauthorized, or illegal activity; * monitor and verify identity or service access, combat spam, malware or security risks; * perform internal operations necessary to provide our Services, including to troubleshoot software bugs and operational problems; * enforce our agreements with third parties, and address violations of our Terms of Use or agreements for other Services; and * comply with applicable security laws and regulations. #### User Support We may use information we collect to provide support, including to: * direct questions to the appropriate support person; * investigate and address user concerns; and * monitor and improve our customer support responses and processes. #### Research and Development We may use the information we collect for testing, research, analysis, and product development to improve your experience. This helps us to improve and enhance the safety and security of our Services, improve our ability to prevent the use of our Services for illegal or improper purposes and develop new features and products relating to our Services. #### Legal and Regulatory Compliance We may verify your identity by comparing the personal information you provide against third-party databases and public records. We may use the information we collect to investigate or address claims or disputes relating to use of our Services, or as otherwise allowed by applicable law, or as requested by regulators, government entities, and official inquiries. #### Direct Marketing We may use the information we collect to market our Services to you. This may include sending you communications about our Services, features, promotions, surveys, news, updates, and events, and managing your participation in these promotions and events. If you do not want us to send you marketing communications, please opt out by selecting "unsubscribe" to any marketing email sent by us or by contacting us at . #### How We Share & Disclose Information We may share your information in the following circumstances: * With Your Consent. For example, you may let us share personal information with others for their own marketing uses. Those uses will be subject to their privacy policies. * To Comply with Our Legal Obligations. We may share your information: (A) to cooperate with government or regulatory investigations; (B) when we are compelled to do so by a subpoena, court order, or similar legal procedure; (C) when we believe in good faith that the disclosure of personal information is necessary to prevent harm to another person; (D) to report suspected illegal activity; or (E) to investigate violations of our User Agreement or any other applicable policies. * With Service Providers. We may share your information with service providers who help facilitate business and compliance operations such as marketing and technology services. Our contracts require these service providers to only use your information in connection with the services they perform for us. * During a Change to Our Business. If we engage in a merger, acquisition, bankruptcy, dissolution, reorganization, sale of some or all of our assets or stock, financing, public offering of securities, acquisition of all or a portion of our business, a similar transaction or proceeding, or steps in contemplation of such activities, some or all of your information may be shared or transferred, subject to standard confidentiality arrangements. * Aggregated or De-identified Data. We may share aggregated and/or anonymized data with others for their own uses. #### Data Retention To view or update your information, contact us at . We store your information throughout the life of your use of the Protocol and retain your information for a minimum of five 5 years to comply with our legal obligations or to resolve disputes. If you cease using the Protocol, we will neither use your information for any further purposes, nor sell or share your information with third parties, except as necessary to prevent fraud and assist law enforcement, as required by law, or in accordance with this Policy. #### Security We maintain administrative, technical and physical safeguards designed to protect the personal information we maintain against unauthorized access or disclosure. No system can be completely secure. Therefore, although we take steps to secure your information, we cannot guarantee that your information, searches, or other communication will always remain secure. You are responsible for all activity on the Protocol relating to any of your Ethereum network addresses and/or cryptocurrency wallets. #### Age Limitations To the extent prohibited by applicable law, we do not allow use of our Services and Sites by anyone younger than the legal age in the jurisdiction in which the user resides. If you learn that anyone younger than the legal age has unlawfully provided us with personal data, please contact us at and we will take steps to delete such information, close any such accounts, and, to the extent possible, prevent the user from continuing to use our Services. #### Changes to This Policy If we make any changes, we will change the Last Updated date above. We encourage you to review this Policy to stay informed. If we make material changes, we will provide additional notice, such as via the email specified in your account or through the Services or Sites. #### Online Tracking Opt-out Guide Like many companies online, we use services provided by Google and other companies that use tracking technology. These services rely on tracking technologies-such as cookies and web beacons-to collect directly from your device information about your browsing activities, your interactions with websites, and the device you are using to connect to the Internet. There are a number of ways to opt out of having your online activity and device data collected through these services, which we have summarized below: * Blocking cookies in your browser. Most browsers let you remove or reject cookies, including cookies used for interest-based advertising. To do this, follow the instructions in your browser settings. Many browsers accept cookies by default until you change your settings. For more information about cookies, including how to see what cookies have been set on your device and how to manage and delete them, visit [www.allaboutcookies.org](http://www.allaboutcookies.org). * Blocking advertising ID use in your mobile settings. Your mobile device settings may provide functionality to limit use of the advertising ID associated with your mobile device for interest-based advertising purposes. Using privacy plug-ins or browsers. You can block our websites from setting cookies used for interest-based ads by using a browser with privacy features. * Platform opt-outs. The following advertising partner offers opt-out features that let you opt-out of use of your information for interest-based advertising - Google: . Advertising industry opt-out tools. You can also use the opt-out options set forth below to limit use of your information for interest-based advertising by participating companies. Note that because these opt-out mechanisms are specific to the device or browser on which they are exercised, you will need to opt out on every browser and device that you use. Digital Advertising Alliance: Network Advertising Initiative: #### Additional Notice to California Residents (“CCPA Notice”) The California Consumer Privacy Act of 2018 (“CCPA”) requires certain businesses to provide a CCPA Notice to California residents to explain how we collect, use, and share their personal information, and the rights and choices we offer California residents regarding our handling of their information. * Privacy Practices. We do not “sell” personal information as defined under the CCPA. Please review the “Sharing and Disclosure of Information” section above for further details about the categories of parties with whom we share information. * Privacy Rights. The CCPA gives individuals the right to request information about how we have collected, used, and shared your personal information. It also gives you the right to request a copy of any information we may maintain about you. You may also ask us to delete any personal information that we may have received about you. Please note that the CCPA limits these rights, for example, by prohibiting us from providing certain sensitive information in response to access requests and limiting the circumstances under which we must comply with a deletion request. We will respond to requests for information, access, and deletion only to the extent we are able to associate, with a reasonable effort, the information we maintain with the identifying details you provide in your request. If we deny the request, we will communicate the decision to you. You are entitled to exercise the rights described above free from discrimination. * Submitting a Request. You can submit a request for information, access, or deletion to . * Identity Verification. The CCPA requires us to collect and verify the identity of any individual submitting a request to access or delete personal information before providing a substantive response. * Authorized Agents. California residents can designate an “authorized agent” to submit requests on their behalf. We will require the authorized agent to have a written authorization confirming their authority. #### Additional Disclosure for Our Consumers and Customers This Additional Disclosure governs our collection, use and sharing of personal information that users provide to us to initiate or complete the process of interacting with the Protocol. To the extent there are conflicting provisions between this Additional Disclosure and other sections of the Privacy Policy, the Additional Disclosure will govern. The types of personal information we collect and share can include: * Contact details * Transaction history * Cryptocurrency balances and wallets When you are no longer our customer, we continue to share your information as described in this notice. #### Reasons We Can Share Your Personal Information We need to share users' personal information to operate certain aspects of the Protocol and our business. Below, whether we share your personal information, the reasons we share your personal information and whether you can limit this sharing * We share users' personal information for our everyday business purposes, such as to process and match your orders and respond to court orders and legal investigations. You cannot limit our sharing of this information. * We share users' personal information for our marketing purposes, such as to offer our products and services to you. You cannot limit our sharing of this information. * We do not share users' personal information for joint marketing with financial companies. * We do not share users' personal information for our affiliates' everyday business purposes. * We do not share users' personal information for our affiliates to market to you. * We do not share users' personal information for nonaffiliates to market to you. "Affiliates" refer to companies related by common ownership or control; "nonaffiliates" refer to companies no related by common ownership or control; and "joint marketing" refers to a formal agreement between nonaffiliated financial companies that together market financial products or services to you. #### How Does ELYSIA Protect My Personal Information? To protect your personal information from unauthorized access and use, we use security measures that comply with applicable law. These measures include computer safeguards and secured files and buildings. #### How Does ELYSIA Collect My Personal Information? We collect your personal information, for example, when you deposit Digital Assets in the Protocol, make transactions using the Protocol, or withdraw Digital Assets from the Protocol. We may also collect your personal information from other companies. #### Contact Us Please contact us if you have any questions about this Policy or if you are seeking to exercise any of your statutory rights. Subject to applicable laws, we will respond within a reasonable timeframe. You may contact us at . # Cookie Policy ### Introduction and Scope of Policy This ELYSIA DAO LLC. Cookies Policy (“Policy”) applies to your interaction with ELYSIA or any of its subsidiaries or affiliates (“ELYSIA” or “we”). #### About "Cookies" Cookies are pieces of data stored on your device. Browser cookies are assigned by a web server to the browser on your device. When you return to a site you have visited before, your browser gives this data back to the server. Mobile applications may also use cookies. We do not generally use cookies. We do not intentionally collect information to customize your experience on the website or the ELYSIA user interface (UI) to the ELYSIA Protocol. (“Sites” or “Site”). Industry standards are currently evolving, and we may not separately respond to or take any action with respect to a “do not track” configuration set in your internet browser. Other parties that may collect information about your web browsing behavior when you use our Site are generally limited to service providers who may only use any information collected to provide services for us and not to provide services or advertising for any other party. Note, however, that we also provide certain widgets or tools on our sites that allow you to interact with third parties who provide these features, such as tools that allow web surfers to easily share information on another platform. At other times, information from a third party may be embedded on our Site, such as a map. These widgets, tools, and informational items often function through the use of third-party cookies utilized by the third party site. As a result, these third parties may have access to information about your web browsing on the pages of our Site where these widgets, tools, or information are placed. You may wish to review information at third party sites, where you have an account, to determine how these third parties treat data that they obtain through the use of cookies. #### Do you have to accept Cookies? You may be able to set your browser to reject cookies. If you set your browser options to disallow cookies, you may limit the functionality we can provide when you visit our Site. The latest versions of internet browsers provide cookie management tools, such as the ability to delete or reject cookies. We recommend that you refer to information supplied by browser providers for more specific information, including how to use these tools. #### Additional Technologies We do not typically use additional technologies such as pixel tags, web beacons, and clear GIFs. We may permit third-party service providers to use these technologies. They may use these technologies for purposes such as determining viewing and response rates. #### Using Information In addition to the uses described above, we may use information for purposes as allowed by law such as: servicing; communicating with you; improving our Site, products, or services; legal compliance; risk control; information security; anti-fraud purposes; tracking website usage, such as number of hits, pages visited, and the length of user sessions in order to evaluate the usefulness of our sites. #### Sharing We may share information with service providers with whom we work, such as service providers and companies that help us service you better. When permitted or required by law, we may share information with additional third parties for purposes including response to legal process. As applicable, please see our Privacy Policy for more information on how we may share information with affiliates and third parties.