Elixir

What is Elixir?

Elixir is a modular DPoS network built to power liquidity on orderbook exchanges. Elixir is cross chain and composable: enabling orderbook DEXs to natively integrate Elixir into their core infrastructure to unlock retail liquidity for pairs, among other exciting use-cases. The network serves as crucial underlying infrastructure allowing for exchanges and protocols to easily bootstrap liquidity to their books.

Elixir Airdrop Details

Elixir has raised $17.6M in funding from investors like Mysten Labs and Amber Group and had confirmed to launch their token “ELX”. A campaign called “Apothecary Potions ” had been launched, which allowed users to earn portions by depositing assets.

The Elixir campaign has now ended, and users can check the eligible ELX tokens they are entitled to claim.

Step-by-Step Guide:

Check the Elixir Airdrop Allocation

  1. Visit the Elixir airdrop eligibility page.
  2. Connect your wallet.
  3. If you’re eligible, then you will see the number of tokens you will receive.
  4. ELX will be automatically staked to an Elixir Foundation validator. Users can choose to undelegate and withdraw their ELX at anytime.
  5. The claim will go live later.
  6. A total of 8% of the total supply has been allocated for the airdrop.
  7. Eligible participants are:
    • Apothecary participants
    • Community contributors
    • Elixir Electric Bazaar NFT holders
    • Validators
    • DeFi stablecoin power users
  8. For more info, read this article.

How to join the Elixir Campaign (Expired)

  1. Visit the Elixir webiste.
  2. Connect your Ethereum or Sui wallet.
  3. Link your Twitter and Discord accounts.
  4. Now click on “Mint ELXETH”.
  5. Now, you will be able to unlock a Mystic chest.
  6. You will need to supply at least $100 in USDC to an Elixir-powered product on an exchange listed here or to native integrations listed here.
  7. You can also deposit at least $100 worth of ETH to mint elxETH at mainnet to be able to unlock the Mystic chest. You will also receive a 50% boost on earned potions for minting elxETH.
  8. Quantum pools are also live if you want to hit both the potential Elixir airdrop and confirmed Orderly airdrop at the same time. Deposit USDC here for a 2-for-1 airdrop strategy.
  9. Elixir has also launched deUSD, a synthetic dollar. Users who stake deUSD or stake deUSD LP tokens to Elixir will get a 5x boost to potions. You can get deUSD from Curve.
  10. Users who choose to mint deUSD will receive a “Cultist Multiplier”: an additional 2x multiplier for potions earned from elxETH in Season 1. You will also continue to earn a max 5x boost through Season 2, while those who don’t mint will continue earning potions at 1.5x (50% boost).
  11. You will also start earning points in the form of potions for supplying assets.
  12. Also, interact with the other projects on Elixir to earn more potions.
  13. You will get an extra 10% boost on your potions if you sign up using the above link.
  14. Also refer your friends to earn 10% of the potions from each referral.
  15. The potions you’ve earned will only be updated every 24hrs.
  16. Season 1 of the campaign has ended after the launch of deUSD and Season 2 has begun.
  17. For more information regarding the Apothecary potions campaign, see this tweet.
  18. Starting Oct 31st, the Elixir Network will launch Phase I of mainnet. With this, Elixir starts the mainnet era of the Apothecary campaign that will run into and through the public mainnet launch of the network.
  19. Era 3 will give potions for active community participants, deUSD minters/holders, and order book pair LPs. Over the next 10 months, heading up to and through our public mainnet launch, 750,000,000 potions will be distributed to users.
  20. Participants who participated in Era 2 will receive a special OG multiplier on all potions, if they retain their snapshotted deposit within 30 days of this date.
  21. For more information regarding the Era 3 mainnet announcement, see this article.
  22. They’ve confirmed to launch their own token “ELX” in the future so users who collect potions will likely get an airdrop when their token goes live.
  23. Please note that there is no guarantee that they will do an airdrop. It’s only speculation.

You're interested in more projects that do not have any token yet and could potentially airdrop a governance token to early users in the future? Then check out our list of potential retroactive airdrops to not miss out on the next DeFi airdrop!

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Estimated Value

n/a

Tokens per Claim

n/a

Max. Participants

Unlimited

Overview