Assets as on 2025/04/26

$769,000 : Class A Assets

Fairly Liquid

• USD Equivalents = 43+31+30+27+23+20+15+3+3+2+2+3+1+5+133+45+11+1+57+51+15+12 = 533
• Gold Equivalent = 105
• ETH Equivalent = 52+8+6+1+3+2+6+11+6 = 95
• Others = 7+9+4+6+10 = 36

(In Thousands)

$300,000 : Class B Assets

Limited Liquidity

• $30,000 : SCALE
• $15,000 : EQUAL
• $25,000 : FUSD
• $14,000 : ETHENA
• $5,000 : ELRamses
• $11,000 : ELRamses/ETH
• $7,000 : eliteFNX/ETH
• $90,000 : SPECTRA/USDC
• $51,000 : xUSD/eliteRingsScUSD
• $52,000 : USDC/eliteRingsScUSD

$33,000 : Class C Assets

Illiquid / Non-tradable

• $15,000 : veSCALE
• $3,000 : inSPIRIT
• $5,000 : veSOLID
• $3,000 : veEQUAL
• $5,000 : Others

ELITE Vitals

Supplies

• 400,000,000 : Max ELITE Supply
  • 320,000,000 : ELITE Reserved
  • 42,500,000 : Non-Circulating ELITE Supply (Unmigrated)
  • 37,500,000 : Circulating ELITE Supply
  • 18,500,000 : Protocol-owned Liquidity
  • 12,000,000 : External/user-owned
  • 7,000,000 : Protocol-owned Idling

Liabilities (against assets)

• $100,000 : In Protocol-owned LP

Valuations

• $0.002647 : Current ELITE Price (1 ELITE)
• $1,059,000 : Fully Diluted Valuation (400m ELITE)
• $99,000 : Circulating Market Cap (37.5m ELITE)

Bottomline

Capital

Asset Category	Valuation
Class A Assets	$769,000
Class B Assets	$300,000
Class C Assets	$33,000
Net-Asset Valuation	$1,102,000