0
days
00
hours
00
min
00
sec
Pepe Unchained>
Raises $200,000 in Minutes, Whales Invest in This New Layer 2 Meme Coin!>
Buy Now! Ad
Elixir Crypto Network
Airdrop (Retrodrop)
Active
01 Dec 2023 - 27 Sep 2024
Elixir protocol is a modular liquidity network for decentralized orderbooks powered by a DPoS consensus mechanism. $ELX is the protocol’s native token, whose main utility is granting access to governance voting and powering the network's DPoS.
Recently, Elixir crypto project announced the release of its synthetic dollar, $deUSD, which will play a vital role in the network’s economy, as most Elixir-powered orderbooks will natively support it. Along with the $deUSD release, Elixir finance mentioned the start of the second 10-week potion farming campaign. Hence, our team decided to write a comprehensive review on how to join the contest and potentially benefit from the Elixir airdrop.
CoinLaunch Score:
Last update:
High
13 Aug 2024
Elixir Crypto Network - Airdrop (Retrodrop) Overview
start date:
01 Dec 2023
end date:
27 Sep 2024
Reward Distribution:
27 Sep
More about Elixir Crypto Network
Reward
N/A
Winners:
N/A
How to join Elixir Crypto Network - Airdrop (Retrodrop)?
To participate in the Elixir airdrop, you first need to visit its website and proceed to the Apothecary page.
There, verify your wallet, and connect your Discord and Twitter to complete profile creation and receive starting potions.
Then, depending on whether you have participated in the first season of potion farming, you have a few different options for how to farm Elixir potions:
- Early users: Converting $elxETH to $deUSD:
$deUSD is a synthetic dollar of the Elixir protocol that will play a key role in the platform's economic model. Users who contributed ETH during the first season of potion farming can convert their $elxETH into $deUSD to start earning a 5x farm multiplier.
Furthermore, regardless of whether you exchange $elxETH to $deUSD or not, you will receive a 1.5x multiplier for potion farming as an early adopter of the platform.
❗️ However, please be aware that converting $elxETH to $deUSD means you won’t be able to withdraw stablecoins until December 2024, while $elxETH will be available for withdrawal on August 28, 2024.
- $deUSD deposit:
As the $ETH deposits on the platform have closed, Elixir network has enabled new users to contribute $deUSD stablecoins to its platform to start earning potions with a 5x multiplier.
To proceed, you need to visit the Curve swap and purchase the stablecoins. Then, go to the Elixir, proceed to the Apothecary page and deposit $deUSD to start earning a 5x potions multiplier.
❗️ Note, the withdrawals of $deUSD will be available only in December 2024.
- Providing LP into the token pairs for the orderbooks:
Since $ETH deposits to Elixir aren’t available since the launch of the second season, you can contribute to the platform by providing LP into various trading token pairs across Sui, Ethereum, and Arbitrum networks on the aggregator page.
This way, you will be receiving potions while earning APR for contributing liquidity.
Step-by-step Guide
Acquire any of those assets among token pairs on Ethereum, Arbitrum or Sui blockchains;
Explore how you can farm Elixir potions in our “how to participate” block;
Farm Potions until the official announcement by the Elixir team;
Receive your tokens.
0 Comments
No comments yet