Elysia to launch Kimchi Premium arbitrage bot and stablecoin

Elysia (EL) plans to launch Kimp Bot, an arbitrage solution designed to leverage the Kimchi Premium, as well as a new Kimchi Premium stablecoin, the project announced via its official X account. According to Elysia, Kimp Bot is a fully automated platform that takes advantage of the Kimchi Premium, supports FX-hedging APIs, delivers real-time analytics, and automates Korean won deposit verification and arbitrage trading. The planned stablecoin is structured to passively capture Kimchi Premium gains for holders.