“$BTCD uses 40-65% BTC collateral + ELA buffer, with merge-mining securing both chains.” – @ElastosInfo (21.2K followers · 284K impressions · 1 July 2025 11:25 AM UTC) View original post What this means: This could boost ELA demand as Bitcoin holders use it to mint stablecoins while benefiting from Bitcoin’s security. The 160-200% overcollateralization (TheStreet) reduces liquidation risks during BTC volatility.
“Waiting on Elastos DAO vote to finalize BTCD rollout.” – @ElastosInfo (21.2K followers · 89K impressions · 1 August 2025 10:03 AM UTC) View original post What this means: While delays test patience, the DAO-driven process reinforces decentralization – a long-term positive. The ECO side chain development (19 Aug update) suggests technical readiness once governance approves.
3. @ElastosInfo: Decentralized internet narrative bullish
“Run apps on your hardware, keep keys in your pocket.” – @ElastosInfo (21.2K followers · 157K impressions · 7 August 2025 01:54 PM UTC) View original post What this means: The SmartWeb vision positions ELA as infrastructure for user-owned data – a growing priority in crypto. Recent partnerships with Antpool and Binance Pool (Yahoo Finance) add mining credibility to this Web3 push.
Conclusion
The consensus on ELA is bullish, driven by Bitcoin DeFi integration and decentralized internet progress, though execution risks linger. Watch BTCD’s post-launch adoption metrics – particularly the BTC collateral locked and ELA’s role in stabilizing the mechanism. Will merge-mining rewards attract enough Bitcoin hashrate to sustain the model?
What is the latest news on ELA?
TLDR
Elastos charges ahead with Bitcoin-centric DeFi innovations. Here are the latest updates:
BeL2 & BTCD on ECO Chain (19 August 2025) – Development progress on Elastos’ side chain for decentralized stablecoin operations.
BTCD Protocol Expansion (22 July 2025) – Enhanced compatibility with major Bitcoin address types.
BTCD Launch (18 June 2025) – Introduction of Bitcoin-backed stablecoin for DeFi.
Deep Dive
1. BeL2 & BTCD on ECO Chain (19 August 2025)
Overview: Elastos advanced development of its BeL2 protocol and BTCD stablecoin on the ECO side chain, a scalability-focused layer designed to optimize decentralized stablecoin operations. Updates included integration with the Elastos DAO and Elacity’s smart accounts. What this means: This progress signals Elastos’ commitment to building a modular ecosystem for Bitcoin-based DeFi, potentially improving scalability and governance for BTCD. Bullish for ELA as ECO could attract developers seeking Bitcoin-aligned infrastructure. (Elastos)
2. BTCD Protocol Expansion (22 July 2025)
Overview: The BTCD protocol added support for all major Bitcoin address types (P2PKH, P2SH, P2WPKH), broadening accessibility for BTC holders to collateralize and mint the stablecoin. What this means: Neutral-to-bullish. While expanding BTCD’s user base, adoption depends on Bitcoin market conditions and incentives for locking BTC. Increased utility could drive demand for ELA’s Smart Chain, where BTCD transactions occur. (Elastos)
3. BTCD Launch (18 June 2025)
Overview: Elastos launched BTCD, a Bitcoin-overcollateralized stablecoin pegged 1:1 to USD. The protocol uses 160%-200% BTC collateral ratios and merge-mining with Bitcoin for security. What this means: Bullish long-term, as BTCD positions Elastos at the intersection of Bitcoin and DeFi. Short-term risks include reliance on BTC price stability and achieving liquidity critical mass. (CoinMarketCap)
Conclusion
Elastos is betting big on Bitcoin’s role in DeFi, with BTCD as its flagship innovation. While technical strides are evident, success hinges on overcoming adoption hurdles. Can BTCD carve a niche against established stablecoins while maintaining Bitcoin-native decentralization?
What is next on ELA’s roadmap?
TLDR
Elastos’ development continues with these milestones:
ECO Chain Integration (Q4 2025) – Expanding BeL2’s Bitcoin DeFi capabilities via a new sidechain.
Elacity Smart Accounts (Q4 2025) – Wallet-less digital asset management and licensing features.
DAO Governance Overhaul (2026) – Streamlined proposal voting and council election mechanics.
Deep Dive
1. BTCD Mainnet Launch (Pending DAO Vote)
Overview: BTCD, a Bitcoin-collateralized stablecoin, completed testing on the Elastos Smart Chain (ESC) in July 2025 (ElastosInfo). Its launch hinges on a DAO vote to finalize collateralization parameters (40–65% BTC reserves + ELA buffer) and miner incentives. Delays arose from debates over issuer decentralization (ElastosInfo).
What this means: This is bullish for ELA because BTCD could attract Bitcoin holders seeking DeFi yield without selling BTC, increasing demand for ELA as a governance and fee token. Risks include prolonged DAO deadlocks or collateral instability during BTC volatility.
2. ECO Chain Integration (Q4 2025)
Overview: The ECO sidechain, optimized for Bitcoin-native assets, aims to enhance BeL2’s interoperability with Ethereum and Solana DeFi ecosystems. Development includes cross-chain bridges and zk-proof integrations (ElastosInfo).
What this means: This is neutral-to-bullish, as successful integration could position ELA as a bridge asset between Bitcoin and multichain DeFi. However, competition from established L2s like Stacks may limit adoption.
3. Elacity Smart Accounts (Q4 2025)
Overview: Elacity’s “wallet-less” accounts use decentralized identifiers (DIDs) and Lit Protocol integration for automated licensing/royalty management. Recent updates improved UX for NFT and tokenized media workflows (ElastosInfo).
What this means: This is bullish if adoption grows among content creators, as ELA would see increased utility for gas and governance. Bearish risks include slow user onboarding due to Web3 complexity.
4. DAO Governance Overhaul (2026)
Overview: Proposed changes include reducing council member collateral from 5,000 ELA and introducing delegated voting to lower participation barriers (Elastos).
What this means: This is neutral; greater decentralization could attract developers but may dilute decision-making efficiency.
Conclusion
Elastos’ roadmap focuses on leveraging Bitcoin’s security to expand DeFi (BTCD) and digital ownership (Elacity). Success hinges on DAO coordination and overcoming multichain competition. How will BTC’s price volatility impact BTCD’s collateral stability post-launch?
What is the latest update in ELA’s codebase?
TLDR
Elastos’ codebase shows active development around Bitcoin integration and decentralized infrastructure.
ECO Side Chain Integration (19 August 2025) – BeL2 and BTCD protocol expansion to new chain.
BTCD Protocol Finalization (12 August 2025) – Ready for ECO chain launch with smart contracts.
Wallet-Less Smart Accounts (15 July 2025) – Streamlined user onboarding via Elacity.
Deep Dive
1. ECO Side Chain Integration (19 August 2025)
Overview: Developers expanded the BeL2 protocol and BTCD stablecoin to the ECO side chain, a new layer for decentralized applications. This enables cross-chain interoperability and Bitcoin-backed DeFi tools.
The update focuses on merging Bitcoin’s security with Elastos’ scalability. ECO’s architecture allows BTCD (Elastos’ Bitcoin-collateralized stablecoin) to operate across multiple chains, reducing reliance on centralized bridges.
What this means: This is bullish for ELA because cross-chain functionality could attract Bitcoin holders seeking decentralized yield opportunities. Enhanced interoperability may drive demand for ELA as a governance and utility token. (Source)
2. BTCD Protocol Finalization (12 August 2025)
Overview: The team finalized BTCD’s smart contracts and prepared it for ECO chain deployment, completing audits for its Bitcoin-backed stablecoin mechanism.
BTCD uses overcollateralized Bitcoin reserves (160%-200%) and automated arbitrage to maintain its dollar peg. The codebase now supports real-time proof-of-reserves via Bitcoin’s blockchain.
What this means: This is neutral-to-bullish for ELA. While BTCD could boost Bitcoin-DeFi adoption, success depends on liquidity and collateral stability during BTC volatility. (Source)
3. Wallet-Less Smart Accounts (15 July 2025)
Overview: Elacity Labs introduced wallet-less smart accounts, allowing users to interact with dApps using biometrics or social logins instead of seed phrases.
The update leverages zero-knowledge proofs to decouple identity from transaction signing, reducing onboarding friction while maintaining self-custody principles.
What this means: This is bullish for ELA because simplified access could broaden adoption of Elastos’ decentralized web tools, though security audits for the new system remain critical. (Source)
Conclusion
Elastos is prioritizing Bitcoin-centric infrastructure, with BTCD and ECO chain updates aiming to bridge Bitcoin’s liquidity with programmable DeFi. The wallet-less accounts signal a user-experience focus. Will these upgrades translate into measurable protocol activity, or remain niche experiments? Monitor BTCD’s post-launch reserves and ECO chain transaction volume for answers.