Elaris (ELR) Token - FAQ Sheet
Q: What is ELR?
A: ELR is the official utility token of New Las Vegas, enabling land discounts, DAO voting, referrals, and more.
Q: How can I buy ELR?
A: You can purchase ELR using USDC on QuickSwap. A direct swap link is provided on the New Las Vegas website.
Q: Can I use ELR to buy land?
A: Yes. ELR can be used for discounts on NFT land purchases or, in the future, full land payments.
Q: What blockchain is ELR on?
A: ELR is deployed on the Polygon (MATIC) network for low fees and fast transactions.
Q: How do I vote in the DAO?
A: Hold ELR in your wallet, connect to the Snapshot platform, and cast your vote on proposals.
Q: What's the minimum to create proposals?
A: You must hold at least 10,000 ELR to submit a proposal to the NLVGH DAO.
Q: Is ELR a security or investment?
A: No. ELR is a utility token for access, rewards, and governance within the New Las Vegas ecosystem.
Q: Can I earn ELR by referring others?
A: Yes. You can earn ELR tokens through referral programs tied to land NFT sales and community participation.
Q: Will there be staking?
A: Yes. ELR staking is scheduled for Phase 2 to reward long-term holders and community builders.
Q: Where can I see my ELR?
A: You can view ELR in any Web3 wallet (like MetaMask) by adding the token contract address.
Elaris Token (ELR) - Terms & Legal Disclaimer
Elaris (ELR) is a utility token designed to support access, community participation, and governance within the New Las Vegas real estate and tourism ecosystem. ELR is not a security, investment contract, or equity instrument.
By holding, trading, or using ELR, you agree to the following terms:
1. No Guarantee of Value or Returns
- ELR does not represent any claim on revenue, profits, or company ownership. - Token value is determined by the open market and community adoption.
2. Utility Purpose Only
- ELR is intended for use within the New Las Vegas ecosystem for land discounts, DAO voting, staking rewards, referrals, and project participation.
3. Jurisdictional Awareness
- You are responsible for understanding your local laws regarding cryptocurrency and token usage. - Do not acquire ELR if doing so violates any applicable regulations in your region.
4. No Liability
- The creators and associated entities of ELR assume no responsibility for any losses, damages, or disruptions resulting from token transactions, smart contract errors, or market volatility.
5. Risk Disclosure
- All token interactions involve risk, including but not limited to: - Loss of value
- Technological failure
- Regulatory changes
- Smart contract bugs
6. Decentralized Governance
- DAO proposals and votes are community-driven. Neither the team nor founders can reverse decisions approved by a majority of ELR holders.
7. Amendments
- These terms may be updated in future versions to reflect the evolution of the ELR ecosystem.
By using or acquiring ELR, you acknowledge that you have read, understood, and accepted this disclaimer and its inherent risks.
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