Elixir, a modular liquidity network that powers the institutional stablecoin deUSD, has launched an eligibility checker for its forthcoming ELX token airdrop. According to the project’s X announcement, users, community members and selected DeFi “power users” can now connect a wallet to Elixir’s claim portal to see whether they qualify and how many ELX tokens they are allocated. The checker is part of Elixir’s Season 1 airdrop program, which distributes a portion of the ELX supply to early participants ahead of the token claim window. Elixir is a decentralized, modular delegated proof‑of‑stake (DPoS) network designed to provide liquidity to order books on centralized and decentralized exchanges, and it underpins products such as the institutional‑focused deUSD stablecoin. For the airdrop, around 8% of the total ELX supply has been earmarked for Season 1, targeting users of Elixir’s Apothecary campaign, community contributors, Electric Bazaar NFT holders, validators, and DeFi stablecoin power users, with an additional 21% reserved for future airdrops and liquidity incentives. The eligibility tool lets these groups verify allocations in advance; allocated ELX is initially auto‑staked to an Elixir Foundation validator, with the option to later unstake and withdraw once claims go live. This step formalizes token distribution around Elixir’s growing liquidity network and its role in supporting on‑chain institutional stablecoin infrastructure. "entities":["Elixir","Elixir Network","ELX","deUSD","Elixir Foundation","Apothecary Potions","Elixir Electric Bazaar","Bybit","CoinMarketCap"]}`

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