aelf wallet

What is aelf (ELF)?

aelf runs its own layer-1: a main chain with side chains beneath it, with contracts written in C#. ELF is the coin that pays for transactions and secures that network. The catch is that the ELF most people actually hold is not on it.

This is the distinction to be clear about before choosing where to keep it. ELF circulates widely as a token on other chains, and those tokens are not the native mainnet coin. They cannot pay aelf network fees, and an aelf mainnet address is not a valid destination for them: getting from the token form to the native form goes through a bridge or a service that handles both sides, never through a plain transfer. Until then, fees on your ELF are paid in the gas coin of whichever chain the token sits on.

Supported networks in Tangem (2): Ethereum, BNB Smart Chain. Balances are kept per chain, and the chain a transfer is leaving on is named before the card is tapped, which counts for something here because EVM addresses are identical in form across chains and the destination cannot announce what it expects. Reading that line before signing is the small habit that keeps token-form ELF where you meant to send it, and a card puts the moment of signing exactly where the habit belongs.