What is Elixir
Elixir is a DPoS network on Cosmos designed to support orderbook exchange liquidity on exchanges through the distribution of a confirmed token at mainnet launch.
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Investments:
17.6M USDT
Cost estimate:
100 USDT

Elixir

Blockchains:

Step 1: Visit the website and connect your wallet and socials.
Visit their website by clicking here and connect your wallet, Discord, and Twitter accounts.
Step 2: Mint ELXETH tokens.
To participate make sure to mint ELXETH tokens for a minimum of $100. This will lock your tokens until August but at the same time you receive a 50% boost in potions (points).
Step 3: Add funds to a pool.
Add liquidity to one of these pools here. You can withdraw funds at any time you wish.
Bonus Step

You can farm additional potions by referring your friends to Elixir.

What is Elixir 


Elixir is a modular proof-of-stake (DPoS) network on the Cosmos blockchain designed to support orderbook exchange liquidity on exchanges like Hyperliquid, dYdX, Vertex, and others through the distribution of a confirmed token at mainnet launch.


Elixir's cross-chain and composable features allow orderbook DEXs to seamlessly incorporate it into their core infrastructure, opening up intriguing new use-cases such as retail liquidity for trading pairs. By providing essential underlying infrastructure, the network enables exchanges and protocols to quickly add liquidity to their books. With Elixir, users can supply trade pairs on various orderbook exchanges with direct liquidity.


In line with Elixir's official documentation, the ELX token will serve as the ecosystem's native utility and governance token in the future, facilitating consensus and giving holders the ability to shape the network's course.


Over three investments rounds, they've raised $17.6 million from funds including Mysten Labs, Manifold, Arthur Hayes, and others. Currently, Elixir has a modest TVL of just $310 million, despite its FDV of ~$800 million and close ties with Monad, which has significant investments ($244 million).


Elixir Airdrop


The mainnet launch, along with the $ELX token release, is scheduled for August 2024. This means that users will be staking ETH tokens for just 3 months getting a chance of receiving an indeed significant airdrop in return! In addition, another appealing aspect is the fact that there are very few participants in the Elixir airdrop. At the moment when it is posted, a little over 30,000 wallets have deposited assets into the protocol, increasing the projected value of the airdrop per wallet.
Follow the steps described in this guide to be eligible to grab your share!
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