Elixir ($ELX) Token Airdrop Announcement

Elixir ($ELX) is a modular Delegated Proof of Stake (DPoS) network designed to improve liquidity on orderbook exchanges by enabling cross-chain and composable integrations into the core infrastructure of major DEXs. They have already taken a Season 1 snapshot of Apothecary holders. So if you participated in Season 1, you can commit your elxETH and unlock the potential to earn even more rewards. However, Season 2 Apocathary is just around the corner! Introducing the Elixir ($ELX) token airdrop guide.

Check out our step-by-step guide!

What is Elixir ($ELX)?

Elixir ($ELX) is a modular DPoS network designed to enhance liquidity on orderbook exchanges. Some of Elixir’s key features include:

• Native Integration: With over 30 native integrations with major DEXs, it is a critical infrastructure component for these platforms.
• Modular DPoS Network: Elixir is a modular DPoS network designed to improve liquidity on order book exchanges.
• Cross-chain and composable: It supports cross-chain functions and can be integrated into the core infrastructure of decentralized exchanges (DEX).
• Liquidity bootstrapping: Elixir helps exchanges and protocols easily add liquidity to the order book.

What is Elixir ($ELX) token?

The Elixir ($ELX) token is the primary utility and governance token of the Elixir ecosystem, essential for network security and community-driven governance. Its primary uses are:

• rule: ELX holders can propose and vote on network proposals.
• security: Validators are required to stake ELX tokens to maintain network integrity.
• dispersion: ELX pursues the platform’s goals of being decentralized and permissionless.
• Fee Control: After mainnet, ELX holders will control network fees and value distribution.

How to receive Elixir ($ELX) token airdrop