# Elixir: Confirmed Airdrop Guide

By [Cryptobuch](https://paragraph.com/@cryptobuch) · 2024-05-17

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Elixir is a modular Delegated Proof-of-Stake (DPoS) network designed to enhance liquidity on orderbook exchanges. This cross-chain and composable network allows orderbook decentralized exchanges (DEXs) to integrate Elixir into their core infrastructure seamlessly, unlocking retail liquidity for trading pairs and supporting various other exciting use-cases.

The network serves as a crucial underlying infrastructure, enabling exchanges and protocols to easily bootstrap liquidity for their order books. Currently, Elixir boasts over 30 native integrations with the core infrastructures of leading DEXs.

#### **Investment and Funding**

With an impressive $17.6 million in investment and a protocol valuation of $800 million, Elixir is backed by prominent entities such as Mystan Lab, GSR, Amber Group, and more.

#### **Token and Elixir** Apothecary

The future of the Elixir ecosystem revolves around ELX, its native utility and governance token. ELX will power the network's consensus mechanism and empower holders to shape its future direction.

Elixir has confirmed an airdrop for early users participating in the Elixir Apothecary campaign. This campaign, which lasts for three more months, culminates with the ELX Token Generation Event (TGE) on August 15, 2024.

With the launch of Apothecary, users can now pre-mint elxETH and earn portion points.

**STEP-BY-STEP GUIDE:**
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*   Go to Elixir and connect your EVM wallet.
    

[https://www.elixir.xyz/refer/spencer7854](https://www.elixir.xyz/refer/spencer7854)

*   Mint ELXETH by depositing ETH on the Ethereum Mainnet.
    

![](https://storage.googleapis.com/papyrus_images/dcbfd164e68aec3fe51a15ed23274805e2c602d9d2d2dfec3ead062e64510816.png)

*   Deposit some USDC in Elixir liquidity pool using Arbitrum chain
    
*   It's better to go for USDT-USDC pool and click SUPPLY to deposit
    

![](https://storage.googleapis.com/papyrus_images/2078e2a512ab463be98ebbeccf76b1a0979e1eb3b6edb0ee4c650f9f91408eea.png)

*   Enter both USDC and USDT amount and click Supply
    

![](https://storage.googleapis.com/papyrus_images/93d7c9a359233f51bb790eff6421a11d3dcf2752832602b6f91f84698030887a.png)

That’s everything for today.

We encourage you to stay informed by following our Medium page and engaging with our Telegram community, where we will provide timely updates and further details.

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3.  Twitter: [https://twitter.com/defiports](https://twitter.com/defiports)
    
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*Originally published on [Cryptobuch](https://paragraph.com/@cryptobuch/elixir-confirmed-airdrop-guide)*
