Introducing ELON Launching Feb 2, ELON aligns long-term incentives across the protocol, with ELON enabling governance participation and directing emissions across markets. Tokenomics and airdrop details ↓

Since inception, Echelon has grown into the core lending and money market layer across Move-based ecosystems. Highlights: • Deployments across @Aptos, @Initia, and @movement_xyz • $450M+ peak TVL • Strategic partnerships with @Ethena_labs, @worldlibertyfi, and @OKX • $3M+ in cumulative protocol revenue • $2.7M+ in incentives distributed

ELON Tokenomics Max supply: 100M ELON • Airdrop: 8.5% – 3.5% to Echelon users (veTHL + points holders) – 5% to sENA stakers • Community & Ecosystem: 30% • Liquidity & Exchanges: 2.5% • Treasury: 20% • Investors: 20% • Core contributors: 19%

ELON Emissions schedule ELON emissions are structured to prioritize early community participation while supporting long-term protocol development. • Airdrops: 4.5% at TGE • Liquidity & exchanges: 2.5% at TGE • Community & ecosystem: 4y vest • Investors: 1y cliff, 2y vest • Core contributors: 1y cliff, 2y vest • Treasury: 5% at TGE, 4y vest

ELON Airdrop • 0.5% allocated to veTHL holders, distributed pro-rata based on veTHL balance and fully claimable at TGE, reflecting Echelon’s incubation by @ThalaLabs and early alignment with its long-term stakeholders • 3.0% allocated to Echelon points holders, with each user's amount determined pro-rata by their points balance For points holders, claiming ELON requires an on-chain contribution in APT at a $40M valuation. This design prioritizes long-term alignment between users and the protocol, while providing eligible users access to ELON at a transparent and early stage valuation Claims remain open for 30 days from TGE.

sENA stakers 5% of total ELON supply is allocated to sENA stakers. • 0.5% claimable at TGE + 10 days • Remaining allocation vests quarterly over 12 months This allocation aligns Ethena participants with Echelon’s long-term growth.

ELON marks Echelon’s move towards decentralized ownership and governance. With lending, looping, stablecoin yield, BTCFi, and cross-chain deployments live, decentralization is the natural next step in Echelon’s evolution. Decentralization begins on Feb 2.