Buy Aelin

What is Aelin?

Aelin is a decentralised protocol designed to facilitate fundraising and over-the-counter (OTC) deals within a trustless and multi-chain environment. It primarily operates on the Ethereum blockchain and was launched on the Optimism network, which leverages layer 2 scaling solutions to facilitate faster transactions with lower fees.

How does Aelin work?

Aelin utilises smart contracts built on the Ethereum blockchain and integrated on the Optimism network to automate and secure the fundraising process. It leverages layer 2 scaling solutions for improved transaction speed and reduced fees. While the consensus mechanism isn't explicitly detailed, given its foundation on Ethereum and Optimism, it likely operates on a Proof of Stake (PoS) variant. For further technical details, the whitepaper is available at: Aelin Documentation.

What are the potential use cases for Aelin?

Aelin can be employed for a variety of applications, including:

• Fundraising for blockchain-based projects.
• Supporting decentralised finance (DeFi) applications.
• Facilitating in-game asset transactions and play-to-earn models within the gaming industry.
• Securing and streamlining OTC deals.

These use cases emphasize its role in enhancing transparency, trust, and efficiency in financial transactions across the blockchain ecosystem.

What is the history of Aelin?

Aelin’s concept originated from a joke on Twitter, which was taken forward by Kain, who then collaborated with Andre Cronje to develop the protocol. Significant milestones in its journey include the protocol's fair launch, token distribution via multiple methods, and deployment on both Optimism and Ethereum mainnet. It has also been recognised for its contributions to various community and technological areas, marking its growth as a decentralised protocol with a strong community foundation. The project’s evolution reflects its commitment to integrating across blockchains and expanding its operational scope.