⚗️Elixir Network: Brewing Solutions for Institutional Liquidity in DeFi
Let's explore👇
@elixir network is a high-throughput DeFi liquidity network with a modular DPoS system built for institutions.
Backed by 10K+ validators, Elixir brings capital from @BlackRock and @hamilton_lane to DeFi through its fully collateralized, yield-bearing $deUSD
Supports 30+ DEXes and freshed off an $8M Series B
Led by @Mysten_Labs & @MaelstromFund
✅ $800M valuation
Read more🧵
Elixir Network has its own modular DPoS powerhouse.
👉DPoS (Delegated Proof of Stake) is a consensus mechanism where the community elects expert delegates to validate transactions and secure the network
Elixir’s $deUSD is a fully collateralized, yield-bearing synthetic dollar, 🚀backed by stETH and @MakerDAO’s USDS T-Bill protocol.
This unlocks stable, on-chain yields for users while maintaining Top-Tier collateral standards.
This is how RWA meet DeFi🦾
⛓️ Elixir Network fortified its Security by 30,000+ global validators, ensuring robust infrastructure & reliability for everyone, from institutions to individual users
It's the backbone of liquidity, powering order-books of 30+ DEXs and enabling institutional-grade trading
💎 Funding & Growth
With $8M raised in a Series B led by Mysten Labs and Maelstrom, and an $800M valuation, Elixir is poised for rapid expansion and continued innovation
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