Elixir is a modular DPoS network built to support liquidity on orderbook exchanges. Elixir is cross-chain and can be composed: enabling DEX orderbooks to natively integrate Elixir into their core infrastructure to unlock retail liquidity for pairs, among other interesting use cases. The network serves as a critical foundational infrastructure that enables exchanges and protocols to easily provide liquidity to their books.

The decentralized network that focuses on increasing liquidity for order book exchanges, Elixir announces the launch of the original ELX token along with eligibility checks for future airdrop tokens. This allows users, community members, and selected decentralized finance DeFi participants to review their token allocations.
ELX, an ERC-20 token, plays a crucial role in the Elixir ecosystem by facilitating governance and securing network consensus. Traditional financial institutions managing assets worth billions of dollars have already become operational validators, highlighting the network's credibility.
41% of the total ELX supply is reserved for the community, ensuring that token holders influence the growth and direction of the network. This distribution includes an 8% allocation for the first airdrop, 21% for future airdrop incentives for liquidity providers (LP), and 12% for public network security rewards through staking and delegation. Locked tokens cannot be staked.
Additional allocation includes 22% for DAO Foundation, 3% for liquidity, 15% for investors, and 19% for core contributors.
🔥Spot trading link $ELX: https://www.gate.io/trade/ELX_USDT
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🔥Click the link to check the event announcement: https://www.gate.io/announcements/article/43767