Elixir Crypto Network (ELX)
Elixir is a modular DPoS L1 blockchain network designed to help decentralized orderbook exchanges find and acquire liquidity. It enables users to provide their funds to the Elixir crypto network to earn APR and then power orderbook DEXs. Meanwhile, the decentralized exchanges are able to receive needed asset reserves from the Elixir protocol in exchange for a fee.
The network is powered by the $ELX token, which supports the network’s DPoS consensus mechanism and its governance layer.
Since its inception in 2022, the Elixir network has managed to raise over $17.4M from investors such as Arthur Hayes, Amber Group, Maelstrom, and other funds.
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Elixir Crypto Network Airdrop & Retrodrop & Bounty
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.
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