The capabilities of the Elixir Airdrop make it a valuable tool within the decentralised exchange. It is a network that lets anyone become a liquidity provider on order book DEXs, like Verters, Bluefin, and RabbitX. The project also plans to integrate with Orderly Network and Hyper Liquid, expanding its reach.
When they announced their airdrop, it created a buzz within the crypto world. If you are looking forward to participating in the Elixir Airdrop, we will guide you through it. Here is a comprehensive analysis of the Elixir Airdrop.
Let us get started:
What is Elixir Airdrop?
Built on a modular DPoS network, Elixir empowers orderbook DEXs to integrate their functionalities seamlessly. This translated to exciting benefits for both DEXs and users:
- Elixir helps DEXs attract more retail investors by unlocking liquidity for trading pairs. This leads to deeper markets and smoothie trading experiences for everyone.
- Exchanges and protocols can leverage Elixis network to quickly add liquidity to their order books, jumpstarting trading activity and benefiting all participants.
- Elixir’s “Apothecary Potions” campaign allows users to earn rewards by depositing assets. These potions are expected to translate into ELX tokens, Elixir’s native tokens, upon launch.
- By depositing at least $100 worth of USDC, users can unlock the Mystic Chest for a potential boost in their potion earnings.
How to Claim Elixir Airdrop?
Are you excited to claim your share in the Elixir Airdrop? Here is how you can do that.
Step 1: Official Website: Go to the official website of the Elixir project. You can navigate to the airdrop page on the website.
Step 2: Connect your wallet: Once you locate the official page, you can connect your wallet. You can connect your Ethereum or Sui wallet to the platform to participate.
Step 3: Boost your profile (optional): You can link your Twitter and Discord accounts to your Elixir profile for a potential bonus on your rewards.
Step 4: Unlock the Mystic Chest (Choose one):
- Supply USDC: Deposit at least $100 worth of USDC to an Elixir-powered product on an exchange.
- Mint elxETH (Bonus Boost): Deposit at least $100 worth of ETH to mint elxETH (Elixir’s Ethereum-backed token). This earns you a 50% bonus on your potions but won’t be withdrawable until August (Elixir’s mainnet launch)
By supplying assets or participating with other Elixir projects, you will start earning points called “potions”. These potions are expected to convert into ELX tokens upon launch.
Bonus Tip
- Use a referral link to get a 10% boost in your portions.
- Refer your friends and earn 10% of their portions as a reward.
What is the eligibility for participation in the Elixir Airdrop?
There aren’t any confirmed hard requirements to be eligible for the Elixir Airdrop. However, there are actions you can take to potentially increase your chances of receiving a larger airdrop or qualify for bonus rewards:
- Connect your Wallet: Linking your Ethereum or Sui wallet to the Elixir platform is necessary to participate.
- Deposit Assets: Supplying assets like USDC or ETH to Elixir-powered products or minting elxETH can earn you “potions” that are expected to translate to ELX tokens upon launch.
- Social Media Connection (optional): Linking your Twitter and Discord accounts to your Elixir profile might grant a bonus on your rewards. However, this isn’t confirmed as a requirement.
Is Elixir Airdrop Free?
Yes, the Elixir Airdrop is absolutely free. You do not need an investment budget to participate. The tokens you now grab can have a substantial impact in the future. This is the perfect opportunity for all the crypto enthusiasts and professional traders.
When is the launch date of the Elixir Airdrop?
Several sources mentioned that the airdrop is expected to happen within two months. You should be aware of all the major updates. You can get all the latest updates from the social media handles and official website of the project.
Why should you participate in the Elixir Airdrop?
The Elixir Airdrop might be an opportunity you don’t want to miss! Here is why:
- Lower Competition: Compared to other airdrops, participation in the Elixir Airdrop seems lower. With only around 56,00 wallets signed up, there might be less competition for potential rewards.
- Early Bird Advantage: Most of these wallets have not actively participated in locking up funds or earning “potions” (points for the airdrop). This means a reliable small investment could position you well for when the airdrop happens.
- Chance to Be a Top Earner: With a strategic approach, you could potentially rank among the top few thousand users based on potion scores.
Final Thoughts on Elixir Airdrop
The Elixir Airdrop really seems to be a credible crypto project that requires your time and attention. You can seal the deal with a few simple steps. This might be a solid investment option in the future. So do not let this pass. Before confirming your participation in any crypto-related event, you need to make sure that the perfect research is done. You need to conduct your research before starting with any crypto project. Good luck grabbing the free Elixir tokens!
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