Elixir_en

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Elixir is a modular liquidity aggregator for DEX. The developers say the platform is fully decentralized.

The investment is pretty impressive so far. They've held three rounds of funding and raised $17.6M. Among the notable foundations is Mysten Labs. The platform supports the SUI network, which could lead to new functionality in this network in the future. Arthur Hayes and his family foundation Maelstorm also invested here.

The token is confirmed. Its launch is scheduled for the end of August with the release of Elixir on the main network.

The project has allocated 20M points for the whole campaign until the launch of mainnet. Each week, 1 million points will be distributed among participants. Therefore, the earlier we bring in liquidity, the more points we can accumulate. Currently, the competition is not particularly intense.

Our work:

1. Deposit ETH in mainnet or stables in Arbitrum-network on wallet.
2. Go to the site, connect the wallet, link Twitter and Discord.
3. Go to the “Apothecary” tab and click “Manage elETH”.
   You can either lock in your liquidity in stables or in ETH. If you lock ETH, you'll get a 50% bonus on farming, but you can only withdraw funds from it in the second half of August.
4. Swap ETH in elETH or provide stables to pools for farming.

In the Elixir`s case, we can nobrain follow the Hayes Foundation, especially since he didn't just directly invest in the project, but became one of the lead investors. The story is long-term and good for holding your ETH until autumn without accidentally selling it during the summer illiquidity. Plus, there's an alternative option with a stable lock, which is something you don't see very often nowadays. At least with a minimum of 100$ it is definitely worth participating here.