ELX
Network Claim Checker
ELX is the native utility and governance token of the Elixir ecosystem, powering consensus, providing economic security, and enabling holders to direct the future of the network.
Eligibility
This ELX will be automatically staked to an Elixir Foundation validator.
Users can choose to undelegate and withdraw their ELX at anytime. After the 3 month stabilization phase users can re-stake their allocation to their own validator, or delegate to another validator.
Network Stabilization Bonus
Once claimed, the above ELX balance will be auto delegated to one of the Elixir Foundation’s validators.
Users can undelegate and withdraw their ELX at any point. Withdrawing ELX during the 3 month period will forfeit any future ELX bootstrapping bonus.
Through the network stabilization phase, users earn their bonus as well as other future network airdrops.
Claimable ELX amounts will be 2x higher at the end of 3 months, rewarding users who add stability to the Elixir Network during its early stages of public mainnet.
Projected ELX Bonus
FAQ
What is Elixir?
The Elixir network is a new primitive, purpose-built to power the next generation of institutional liquidity. Elixir powers deUSD – a fully collateralized, yield-bearing synthetic dollar.
Elixir is the most widely adopted network by RWAs: exclusively bringing funds from BlackRock, Hamilton Lane, Apollo, and others to DeFi for the first time through deUSD. The Elixir network is secured by 30,000+ global validators.
What is ELX?
ELX is the native utility and governance token of the Elixir network, powering protocol consensus and allowing for holders to guide the future of the network.
Holders have the ability to vote on (or propose) proposals determining future growth of the network.
Can anyone run a validator?
Yes - with the launch of public mainnet, anyone can now participate in consensus. The public validator minimum to run a validator is 10,000 ELX. Anyone is able to delegate to an existing validator.
12% of the total supply is set aside for long term validator security emissions.