Pinned
potions have feelings
Elixir Cultist
2,868 posts
Elixir Cultist
@elixirintern
Joined April 2011
- supplying liquidity to exchanges hasn't always been straightforward market makers (traders who provide liquidity) balance two main worries: holding too much or too little of an asset and quoting the right buy/sell prices @elixir tackles these issues head-on 🧵
- DeFi needs rapid transaction processing and the handling of large data sets. @elixir tackles these challenges with its DPoS (Delegated Proof of Stake) consensus, for faster transaction speed and superior scalability. cultic thread 🧵⬇️
- gather around not-cultist fam it's time to learn about @elixir's transformative stablecoin — deUSD 🌐 a collateralized synthetic dollar serving as the anchor of Elixir's ecosystem 👀 a thread 🧵
- centralized exchanges dominate the market with deep liquidity and user-friendly interfaces but this centralization comes with risks like security breaches, lack of transparency and potential manipulation a thread 🧵👇
- elixir mainnet phase I has arrived 🔮 in this phase, a preselected set of genesis institutional validators have begun decentralizing the network a new chapter begins now and this is what it means for the cult 🧙
- deUSD isn’t just another stablecoin, it's the 𝐨𝐧𝐥𝐲 way for RWA holders to natively access DeFi @elixir deUSD is the rails for institutional assets to access DeFi. deUSD brings composability to tokenized assets from BlackRock, Hamilton Lane, and others 🧵👇
- new members have arrived 🧙♂️ we must come together to go over Elixir's inner workings now follow me into the cult 🧵
- when I make it in crypto, and get out of the basement @cole0x come lounge with the cultists: t.me/elixir_network
00:00 - Big news coming out of the cult ⚗️ Elixir's partnership with @Securitize is opening the gates for over $1B of RWA's into DeFi. A massive development for deUSD and the broader ecosystem Let's break down what this program means 🧵
- jarvis, where can I park my deUSD? if you didn't know, all deUSD integrations now come with a doubled potions boost of 10x 🧪 here’s the lowdown on where to accrue some serious alchemical rewards 🧵
- cultist pro-tip 🧙 there's a private TG channel where exclusive spells and rituals are shared to boost your potions whether its memes, threads, rituals, or spells. contribute socially, climb the ranks, and reap the rewards ready to cook? 📍 The Lounge: t.me/elixir_network
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