Unlike centralized market makers, Elixir empowers users to provide liquidity directly to order books. It also introduces #DEUSD , a yield bearing synthetic dollar backed by stETH and MakerDAO’s USDS T-Bill protocol.
Operating on a Delegated Proof of Stake (DPoS) mechanism, validators stake ELX to secure the network.
With ELX now trading on platforms like Bitget offering up to 2000x leverage, is this the future of decentralized liquidity?
Could a #Binance listing be next? Share your thoughts. 👇