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#GateOpinionQuest
Elixir is a blockchain project focused on DeFi and liquidity solutions. It aims to provide efficient liquidity support for DEXs, with its protocol’s TVL exceeding $300 million.
Elixir is the most widely adopted network for RWAs: exclusively bringing funds from BlackRock, Hamilton Lane, Apollo and others to DeFi. This is made possible by deUSD – a fully collateralized, yield-bearing synthetic dollar powered by the Elixir Network.
Elixir Network is natively integrated by leading decentralized exchanges, enabling retail users to supply liquidity directly to orderbooks and earn subsidized APYs
Both perp and spot orderbook DEXs face a fundamental issue in bootstrapping liquidity - the only options for liquidity are centralized market making firms.
About Elixir(ELX)
Elixir is a blockchain project focused on DeFi and liquidity solutions. It aims to provide efficient liquidity support for DEXs, with its protocol’s TVL exceeding $300 million.
Token Name: Elixir
Token Symbol: ELX
Max Supply: 1,000,000,000
Token Type: ERC-20
Elixir's modular network infrastructure is decentralized and high-throughput. The network reaches DPoS consensus for deUSD's mint/redeem mechanisms and orders placed on exchanges. Fraud proofs are posted to Ethereum mainnet, where staking and delegating flows live.
$ELX spot trading link: https://www.gate.io/trade/ELX_USDT
$ELX Launchpool event, stake $BTC, $ELX to grab 153,750 $ELX rewards: https://www.gate.io/launchpool/ELX?pid=234
Click the link to check event announcement: https://www.gate.io/announcements/article/43767
#GateOpinionQuest #ELX