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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