Elixir Airdrop
About Elixir
Elixir Protocol is a DeFi project that ensures computationally-secure algorithmic market making for both CEXs and DEXs. By allowing users to provide liquidity directly to order book exchanges, Elixir aims to provide a deeper liquidity to create a more efficient trading environment, including narrower bid-ask spreads and increased trading volume. This approach offers users maker rewards with a similar risk-return profile to that of regular AMMs.
Why we choose Elixir?
Elixir Protocol has secured $17.6M in funding at a $800M valuation, with participation from significant ventures such as Mysten Labs, Maelstrom, and Hack VC. In March 2024, Elixir Protocol announced its Apothecary program with native integrations from various leading DEXs, including Vertex, Bluefin, Orderly and many more. With the incoming Testnet V3 and fast approaching mainnet in August, you can start interacting with Elixir Protocol to qualify for future airdrop rewards.
Elixir Airdrop Guide
Airdrop Eligibility
- Complete all tasks below
- Stake deUSD/deUSD LP
- Stake volume: $1000+
- Stake time: 2 months+
How to get Elixir Airdrop?
In Aug 2024, Elixir Protocol announced their snapshot for potion holders of Apothecary season 1. They also stated that Season 1 participants will receive a scaled up reward whether or not they join Season 2.
In Elixir Apothecary Season 2, you can stake deUSD or deUSD LP to receive potions, which effectively representing your future airdrop allocation.
#1: Buy deUSD:
Visit Curve Swap and connect your wallet. Your network should be on the Ethereum Mainnet.
Enter the deUSD amount you want to buy, click on Swap and complete the transaction.
#2: Create deUSD LP (optional)
This step is optional as you can stake either deUSD or deUSD LP at the next step. You can earn more yield from Curve and Elixir by staking deUSD LP.
Visit deUSD Curve LP. You can choose to add LP for any of these pairs:
- deUSD – USDT
- deUSD – USDC
- deUSD – DAI
- deUSD – FRAX
Enter your desired amount, approve both tokens and click on Deposit.
#3: Stake deUSD/deUSD LP on Elixir:
Visit Elixir Apothecary. Scroll down to the deUSD dashboard and stake your deUSD or deUSD LP.
This step is optional as it requires technical expertise on node running. However, you can follow the installation guide to maximize potentials for the Elixir airdrop.
For node requirements and installation, please refer to the Elixir Validator guide.
Elixir Airdrop Claim
- Expected TGE: H2 2024
