ElixirELX: Token Economics + Initial Airdrop
ELX is hereElixir is the most widely adopted network by RWAs: exclusively bringing funds from BlackRock, Hamilton Lane, Apollo and others to DeFi for the first time through deUSD. The Elixir network is secured by 30,000+ global validators. With the launch of the ELX token, users will now be able to secure, govern, and participate more deeply within the ecosystem. The eligibility checker is now live for users, community members, and select DeFi power users to check their allocation:Elixir Netw...
ElixirElixir Upgrades to Chainlink to Support Its $180M+ TVL Network
We’re excited to announce that Elixir has upgraded to the Chainlink standard for cross-chain interoperability across Avalanche and Ethereum—and will be upgrading the rest of our bridging routes to CCIP over time. Chainlink CCIP enables highly secure cross-chain transfers of the $180M+ market cap deUSD stablecoin by leveraging the Cross-Chain Token (CCT) Standard. Elixir has also upgraded to the Chainlink standard for verifiable data with Chainlink Price Feeds providing tamper-proof data to su...
ElixirIntroducing Elixir's Mainnet Phase I
October 31st marks a new era for the Elixir Network with the introduction of a new Apothecary epoch and the upcoming launch of the first mainnet phase of the network. To date, participants within Elixir’s ecosystem have been earning potions as part of the recent Apothecary program. These mark the contribution to the growth of the network in its early phases - this includes deUSD users, community members and those who’ve supplied liquidity to Elixir-powered orderbooks. The network has establis...
The consensus network powering crypto exchanges and deUSD, DeFi’s native dollar. Secured by 50,000+ global validators.
ElixirELX: Token Economics + Initial Airdrop
ELX is hereElixir is the most widely adopted network by RWAs: exclusively bringing funds from BlackRock, Hamilton Lane, Apollo and others to DeFi for the first time through deUSD. The Elixir network is secured by 30,000+ global validators. With the launch of the ELX token, users will now be able to secure, govern, and participate more deeply within the ecosystem. The eligibility checker is now live for users, community members, and select DeFi power users to check their allocation:Elixir Netw...
ElixirElixir Upgrades to Chainlink to Support Its $180M+ TVL Network
We’re excited to announce that Elixir has upgraded to the Chainlink standard for cross-chain interoperability across Avalanche and Ethereum—and will be upgrading the rest of our bridging routes to CCIP over time. Chainlink CCIP enables highly secure cross-chain transfers of the $180M+ market cap deUSD stablecoin by leveraging the Cross-Chain Token (CCT) Standard. Elixir has also upgraded to the Chainlink standard for verifiable data with Chainlink Price Feeds providing tamper-proof data to su...
ElixirIntroducing Elixir's Mainnet Phase I
October 31st marks a new era for the Elixir Network with the introduction of a new Apothecary epoch and the upcoming launch of the first mainnet phase of the network. To date, participants within Elixir’s ecosystem have been earning potions as part of the recent Apothecary program. These mark the contribution to the growth of the network in its early phases - this includes deUSD users, community members and those who’ve supplied liquidity to Elixir-powered orderbooks. The network has establis...
The consensus network powering crypto exchanges and deUSD, DeFi’s native dollar. Secured by 50,000+ global validators.
Subscribe to Elixir
Subscribe to Elixir
Share Dialog
Share Dialog
>300 subscribers
>300 subscribers
Following the recent announcement of Elixir’s native integration with Injective, we’re excited to provide further updates on the integration and details on the user flow.
Elixir will allow users to easily supply liquidity to pairs on Injective and earn rewards from Injective’s new Open Liquidity Program (OLP).
Through OLP, liquidity providers can earn a share of 60,000 INJ tokens per epoch. Injective’s native integration of the Elixir Protocol will enable users to supply their capital to the orderbooks on Injective, deepening liquidity on the exchange while also allowing users to take advantage of the OLP rewards.
Elixir re-imagines market making via the industry’s decentralized, algorithmic market making protocol – for both centralized and decentralized exchanges.
Injective is a prime example of how decentralized orderbooks can integrate Elixir to unlock user liquidity for algorithmic market making, showcasing a simple way for anyone to supply liquidity to orderbook pairs.
Elixir also brings a familiar and easy-to-understand risk profile to liquidity providers, with a risk/return profile nearly identical to that of provisioning liquidity via x*y=k bonding curves (e.g. Uniswap V2).
The process flow for users looking to deploy liquidity to a specific pair on Injective is straightforward:
Users can supply liquidity to pairs either via Elixir’s Injective page, or via clicking the link on the pair within the Helix front-end (directing users to supply liquidity to the pair via Elixir).** **
Users either deposit 50/50 of the pair assets for spot-trading pairs, or deposit stablecoin collateral for perpetual swaps.
Users will receive an LP token representing their position, enabling them to track the value of their INJ token rewards (claimable weekly) with each epoch.
At any time, users can redeem their LP positions for either the core assets or perp collateral.
Through Elixir, users will be able to easily supply liquidity to orderbook pairs and access the rewards provided by exchanges (like Injective) that have historically been reserved for white-labeled market makers. This unlocks a new source of yield for users and enables deeper liquidity for those looking to trade on orderbooks.
The smart contracts are currently in development, and we are looking forward to releasing this native integration with Injective in the coming months.
To learn more about the integration or ask any questions, keep an eye out for our upcoming Twitter Space with the Injective team on June 28th at 10am ET.
Following the recent announcement of Elixir’s native integration with Injective, we’re excited to provide further updates on the integration and details on the user flow.
Elixir will allow users to easily supply liquidity to pairs on Injective and earn rewards from Injective’s new Open Liquidity Program (OLP).
Through OLP, liquidity providers can earn a share of 60,000 INJ tokens per epoch. Injective’s native integration of the Elixir Protocol will enable users to supply their capital to the orderbooks on Injective, deepening liquidity on the exchange while also allowing users to take advantage of the OLP rewards.
Elixir re-imagines market making via the industry’s decentralized, algorithmic market making protocol – for both centralized and decentralized exchanges.
Injective is a prime example of how decentralized orderbooks can integrate Elixir to unlock user liquidity for algorithmic market making, showcasing a simple way for anyone to supply liquidity to orderbook pairs.
Elixir also brings a familiar and easy-to-understand risk profile to liquidity providers, with a risk/return profile nearly identical to that of provisioning liquidity via x*y=k bonding curves (e.g. Uniswap V2).
The process flow for users looking to deploy liquidity to a specific pair on Injective is straightforward:
Users can supply liquidity to pairs either via Elixir’s Injective page, or via clicking the link on the pair within the Helix front-end (directing users to supply liquidity to the pair via Elixir).** **
Users either deposit 50/50 of the pair assets for spot-trading pairs, or deposit stablecoin collateral for perpetual swaps.
Users will receive an LP token representing their position, enabling them to track the value of their INJ token rewards (claimable weekly) with each epoch.
At any time, users can redeem their LP positions for either the core assets or perp collateral.
Through Elixir, users will be able to easily supply liquidity to orderbook pairs and access the rewards provided by exchanges (like Injective) that have historically been reserved for white-labeled market makers. This unlocks a new source of yield for users and enables deeper liquidity for those looking to trade on orderbooks.
The smart contracts are currently in development, and we are looking forward to releasing this native integration with Injective in the coming months.
To learn more about the integration or ask any questions, keep an eye out for our upcoming Twitter Space with the Injective team on June 28th at 10am ET.
No activity yet