Ethertower

We are postponing the Ethertower ICO and subsequent TGE. This decision follows lower-than-anticipated demand, resulting in insufficient distribution to support a solid launch of ETHTW. All ETH committed has been fully refunded. We are evaluating the appropriate conditions to re-execute the Ethertower ICO, with a focus on improved market alignment and broader participation. Further updates will be provided as plans are finalized.

We are extending the Ethertower ICO until March 31, 2 PM UTC. As a result, the Ethertower TGE will take place on April 7, 2 PM UTC, on @ElevadoMarkets. Join the ICO: elevado.xyz/ethtw-ico

Ethertower ICO is live on Ethereum elevado.xyz/ethtw-ico

Announcing: Ethertower (ETHTW) ICO March 13, 2 PM UTC elevado.xyz/ethertower-ico

Learn about Ethertower: docs.elevado.xyz/projects/ether…

Built on Ethereum, the Ethertower protocol operates as a fully decentralized, autonomous system. Backed by ETH, ETHTW is designed to have no single points of failure – no oracles, no governance. The entire system is implemented through a single monolithic smart contract.

NAV formula: docs.elevado.xyz/erc-20e/nav-fo…

By design, ETHTW NAV (or “price”) is monotonically non-decreasing in ETH terms and cannot decline below its current level. Moreover, ETHTW NAV increases with every mint and redemption event.

Methodology: docs.elevado.xyz/elevado-market…

The Ethertower protocol enables long-term, capital-efficient, risk-adjusted deployment of ETH liquidity through a structured, programmatic reserve strategy. ETHTW targets deterministic NAV expansion of 0.1%–1.0% per day, equating to a projected 36.5%–365% annualized yield (APY).

Launching soon. Built by @elevadoxyz. Paper: elevado.xyz/Ethertower.pdf

Ethertower issues ETHTW. Backed by ether and denominated in ETH, ETHTW is a monotonic asset whose per-unit collateral increases with every protocol action; each mint or redemption raises the price (NAV) of ETHTW, never falling below its current level.

Today, we are releasing the Ethertower V1 whitepaper. @ethertower will be the first project launched by Elevado. github.com/elevadoxyz/pap…

We have published a revised version of the @ethertower whitepaper: elevado.xyz/Ethertower.pdf Ethertower issues ETHTW, an ether-backed, ETH-denominated reserve asset with a continuously increasing NAV, providing a secure, capital-efficient instrument for productive ETH deployment.

Elevado proposes @ethertower, a monolithic, fully ether-backed asset designed to maintain or increase the ETH per share, powered by a deterministic flywheel mechanism. Whitepaper: elevado.xyz/Ethertower.pdf

Hello, Ethereum. Elevado is building the next generation of asset primitives, embodying Ethereum’s highest principles: decentralization, soundness, permissionlessness, and neutrality. Coming soon. elevado.xyz