IoTeX welcomed Elk Finance to its community yesterday. Elk Finance is a multi-chain decentralized finance suit that allows fast, safe, and cheap cross-chain value exchange across 16 of the top blockchains in the cryptocurrency space.
Elk Finance users can now trade and farm tokens on the IoTeX network via the Elk App. IoTeX is a decentralized network for the internet of things (IoT) powered by its privacy-centric blockchain. IOTX, the native coin of the IoTeX blockchain is trading at $0.1235 at press time, up by more than 5% in the last 24 hours.