⚗️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 with over 30,000 global validators, ensuring robust infrastructure and reliability for everyone, from institutions to individual users.
It's the backbone of liquidity, powering order books of over 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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