แปลง Ultima ULTIMA เป็น The Everlasting Parachain ELP

Ultima (ULTIMA) is the infrastructure token of the Ultima ecosystem. This cryptocurrency is based on an easily scalable Smart Blockchain that runs on the DPoS (Delegated Proof of Stake) consensus algorithm. The Smart Blockchain network is known by its unique throughput — it can conduct up to 2000 transactions per second. Moreover, the network creates a new block every three seconds and has low transaction costs. All these factors make ULTIMA a perfect digital currency for making daily transactions around the globe. Right now, the Ultima ecosystem includes a number of innovative blockchain products, such as DeFi-U, a technology that allows users to receive staking rewards in Ultima tokens, and a marketplace. The Ultima technical team, which has over twenty years of experience in the blockchain industry, is actively working on launching a physical crypto debit card, crypto exchange, and travel and crowdfunding platforms. ULTIMA was first launched in March 2023. Currently, the project community has reached more than 2.8 million users from 120 countries. Mission: To become the world's most widespread digital currency and an ecosystem accessible to everyone in the crypto space.

The Cycan Network (CYN) is a decentralized cross-chain asset management platform that provides users with convenient asset management tools and diverse investment strategies to achieve value growth for their digital asset portfolios. Cycan is focused on the DeFi market and will be deployed on Kusama, BSC networks and other public chains. The Everlasting Parachain (ELP) is the canary network of the Cycan Network（Like KSM to DOT）and will be deployed on Kusama，BSC networks and other public chains. ELP is a decentralized cross-chain asset management platform with the same features as Cycan but for the NFT market. Everlasting Cash (ELC) is an anti-inflation algorithmic stablecoin on the Cycan network, which is minted by staking CYN, ELP or both. Due to its anti-inflation characteristics, ELC should be attractive in negative interest environments. Phenix test-net is Cycan's test network is being tested on Polkadot’s Rococo test network.