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ELMNT is an erc20 token bonded with all of the Titanx ecosystem tokens through LP's. ELMNT/DRAGONX, ELMNT/HLX, ELMNT/HYPER, etc. By being bonded with all of the ecosystem, the market value of ELMNT is a leverage play of all ecosystem tokens combined (including TITANX itself).
The NFT collection is backed by ELMNT tokens, and can be burned at any time to redeem ELMNT. So, as the value of ELMNT rises, the value of the NFT will rise as well. The tokens stay with the NFT when sold on the market.
By simply holding the NFT in your wallet, you are eligible to claim ELMNT tokens from the Rewards Pool. There is no lockup or staking required. Rewards follow the NFT, so if it is sold on the market, the new user will be able to claim any unclaimed rewards that have accrued.
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