The Elixir network project has announced the launch of its ELX token and a major airdrop initiative aimed at reshaping DeFi.
Overview of Elixir and ELX Token
Elixir is a blockchain designed to integrate institutional liquidity into DeFi. The ELX token will enable governance, network validation, and secure consensus distribution.
Tokenomics Details
ELX tokenomics detail the distribution of tokens. Of the total supply, 41% is allocated to the community, with 8% for the initial airdrop. Other distribution parts include 22% for the DAO foundation, 3% for liquidity, 15% for early investors, and 19% for core contributors.
Airdrop Distribution and Its Details
The first airdrop phase has been deployed to select participants like Apothecary potion holders. Distribution includes 7% for these holders and additional shares for community contributors, validators, and active DeFi users.
Elixir focuses on DeFi development through the ELX token and airdrop, engaging major financial institutions on its platform.
