Elixir is making waves in DeFi by integrating with over 30 DEXs, introducing deUSD, a fully backed synthetic dollar and implementing a Delegated Proof of Stake model for enhanced security. #ELX token holders also have governance rights, contributing to the project's decentralized decision-making process.

While ELX is not currently listed on #Binance yet, it is available on other major exchanges. Notably, Bitget is offering a Launchpool where users can lock BGB and deUSD to share in a pool ELX tokens

These developments position Elixir as a potential solution to DeFis liquidity challenges.

However, the question remains: Can Elixir effectively address these issues, or is it another attempt that may not scale? Insights from DeFi and liquidity management experts are welcome.