Elixir ($ELX) is a modular Delegated Proof of Stake (DPoS) community designed to boost liquidity on orderbook exchanges by enabling cross-chain and composable integrations into the core infrastructure of main DEXs. They’ve Elixir already taken the Season 1 snapshot of Apothecary holders. So, for those who participated in Season 1, you may commit your elxETH and unlock the potential to earn extra rewards. Nevertheless, Season 2 Apocathary is simply across the nook! Right here is our Elixir ($ELX) token airdrop information.
Take a look at our step-by-step information!
What’s Elixir ($ELX)?
Elixir ($ELX) is a modular DPoS community designed to energy liquidity on orderbook exchanges. Listed below are a few of Elixir’s major options:
- Native Integrations: It has over 30 native integrations with main DEXs, making it an important infrastructure part for these platforms.
- Modular DPoS Community: Elixir is a modular DPoS community designed to boost liquidity on orderbook exchanges.
- Cross-Chain and Composable: It helps cross-chain performance and might be built-in into the core infrastructure of decentralized exchanges (DEXs).
- Liquidity Bootstrapping: Elixir helps exchanges and protocols simply bootstrap liquidity to their order books.
What’s the Elixir ($ELX) token?
The Elixir ($ELX) token is the native utility and governance token of the Elixir ecosystem, important for community safety and community-led governance. Listed below are its major makes use of:
- Governance: ELX holders can suggest and vote on community proposals.
- Safety: Validators should stake ELX tokens to take care of community integrity.
- Decentralization: ELX drives the platform’s objective of being decentralized and permissionless.
- Charge Management: Publish-mainnet, ELX holders will handle community charges and worth distribution.
Find out how to get the Elixir ($ELX) token airdrop
Time wanted: quarter-hour
Here’s a information on easy methods to get Season 2 Apothecary for the potential Elixir ($ELX) token airdrop
- Non-obligatory: Test Elixir Season 1 Apothecary
Join your pockets to Elixir Apothcary. Be sure to are on the Ethereum community and signal the transaction. Test your elxETH steadiness.
- Non-obligatory: Withdraw elxETH
You’ll be able to select to withdraw your elxETH steadiness. Word nevertheless you’ll not obtain any Factors for rewards for Season 2 Apothecary for those who accomplish that.
- Non-obligatory: Stake elxETH steadiness
You’ll be able to take part in Season 2 Apothecary by committing your deposited elxETH by changing it to deUSD. Then, enter the quantity of deUSD you want to stake and click on “Stake deUSD”. Word you will want to stake your tokens for 10 weeks till the tip of Season 2.
- Newcomers: Purchase and stake deUSD
Should you would not have any elxETH to transform. to deUSD, click on “BUY DEUSD”. You’ll then be directed to Curve.fi. There, it is possible for you to to swap some deUSD. Afterwards, enter the quantity of deUSD you want to stake and click on “Stake deUSD”. Word you will want to stake your tokens for 10 weeks till the tip of Season 2.
