A token with two sources of movement.
The planned ElyBounce model pairs a newly issued token with a leveraged token (LT). The LT represents managed directional exposure to an underlying perpetual market. Trading demand moves the price within the new token’s pool; changes in the LT’s value affect the pool’s quote asset.
This is different from opening a separate perpetual futures market for each new token. Holding a launch token does not give you a fixed, guaranteed multiple of the underlying asset’s return.