Distributed Autonomous Organization Kurs DAO

$ELX is Elixir Network’s core token, used for staking, governance, liquidity incentives, and network security. Holders can stake $ELX to support the DPoS consensus mechanism, helping secure the network and ensuring transaction transparency. $ELX holders participate in DAO governance, making decisions on protocol upgrades, economic policies, and ecosystem fund management. In liquidity provisioning, $ELX is used as an incentive for order book DEX liquidity providers, improving trade depth and reducing reliance on centralized market makers. Elixir follows a long-term token release model, ensuring sustainable distribution while reinforcing network security through audits and bug bounty programs.

🚀Staking $MINT offers a 15% APR mining reward (funded by $MINT DAO). Stakers receive sMINT as a staking certificate, which can be further converted into BC721$MINT .eNFT for restaking, allowing them to earn 50% of Mint Blockchain’s Sequencer transaction revenue.Odaily News – Mint Blockchain officially announced on X that MINT claiming will begin on March 7 at 14:00 Beijing time. The airdrop will follow a phased unlocking process over a span of three months. The detailed unlocking schedule is as follows: 🚨 March 7, 2025: 50% unlocked; 🚨 April 15, 2025: 25% unlocked; 🚨 May 31, 2025: 25% unlocked.

The Ethereum Layer2 network Mint Blockchain today announced the details of the $MINT token economic model. The total amount of MINT is 1 billion, with Mint DAO organization allocated 50%, community airdrop 12%, early supporters and contributors 20%, and MintCore team 18%. Among them, Mint DAO organization will be mainly responsible for the global development of Mint developers ecosystem, brand building, and community development; MintCore team is responsible for developing core modules including Mint Studio, IP Layer, Mint Liquid, AI Agent, etc., and building a decentralized distribution mechanism for Mint network revenue to achieve long-term sharing of network future development revenue with community developers and users. Regarding the use of MINT tokens, $MINT will play a key role in decentralized validator nodes of Mint network, community governance voting, pricing of new asset issuance, on-chain transactions, encrypted payments, etc., and is the core asset of the Mint Blockchain economy.

Elixir Network (ELX) is a modular decentralized platform designed to enhance liquidity and efficiency in decentralized finance (DeFi). Its market strategy encompasses several key components: Decentralized Liquidity Provision: $ELX enables users to supply liquidity to order book-based decentralized exchanges (DEXs) without relying on centralized market makers. This democratizes liquidity provision, allowing individual users to earn rewards while maintaining a decentralized system. Introduction of deUSD: A pivotal innovation of $ELX is deUSD, a fully collateralized, yield-bearing synthetic dollar. Backed by assets like stETH and MakerDAO’s USDS T-Bill protocol, deUSD offers traditional financial institutions a secure entry into DeFi without altering their original asset exposure. Staking and Governance: Holders of $ELX tokens can stake them to support the Delegated Proof of Stake (DPoS) consensus mechanism, thereby securing the network and ensuring transaction transparency. Additionally, $ELX holders participate in decentralized autonomous organization (DAO) governance, influencing decisions on protocol upgrades, economic policies, and ecosystem fund management. Incentivizing Liquidity Providers: $ELX tokens are used to incentivize liquidity providers on order book DEXs, enhancing trade depth and reducing dependence on centralized entities. This strategy aims to improve overall market efficiency within the $ELX ecosystem. Collectively, these strategies position Elixir Network to revolutionize liquidity in DeFi, offering both individual and institutional participants efficient and decentralized financial services.

Elixir is a purpose-built blockchain network designed to bring institutional liquidity to DeFi. Through deUSD, a synthetic dollar, Elixir connects traditional financial institutions like BlackRock, Hamilton Lane, and Apollo to the DeFi ecosystem. The network is secured by over 30,000 global validators and promises high-throughput infrastructure for future applications. The native utility token of the Elixir ecosystem, ELX, is designed to power governance, network validation, and secure consensus. The token allows holders to participate in shaping the future of the network, further solidifying its community-driven approach. Tokenomics Breakdown The Elixir tokenomics revolves around a carefully crafted distribution plan that ensures the project remains secure and sustainable. The total supply of ELX tokens has been allocated across different segments to incentivize various participants and foster growth.Community Allocation (41%) A substantial 41% of the ELX supply has been dedicated to the community, marking the importance of decentralized governance and network growth. This allocation includes: Season 1 Airdrop (8%): A portion of the tokens is distributed through an initial airdrop to early adopters and community members. Future Airdrops and LP Incentives (21%): To maintain community engagement and support liquidity providers, a significant share is allocated for future airdrops and incentives. Public Network Security Rewards (12%): ELX holders can participate in network staking, earning rewards for securing the network. These tokens are reserved for delegators and stakers. Importantly, locked tokens cannot participate in staking, limiting the immediate impact of early allocations on the market. DAO Foundation Allocation (22%) The DAO foundation allocation accounts for 22% of the total token supply. These tokens are dedicated to supporting ecological donations, future ecosystem development, and rewards for projects contributing to the Elixir ecosystem. Liquidity Allocation (3%) To ensure sufficient liquidity on both centralized (CEX) and decentralized (DEX) exchanges, 3% of the total supply is reserved for market makers and liquidity providers. Early Investor Allocation (15%) The early investor allocation comprises 15% of the total ELX supply. These investors have provided crucial financial backing during the network’s development phase, spanning over three years. Core Contributor Allocation (19%) To incentivize the teams behind Elixir's development and future hires, 19% of the token supply has been allocated to core contributors. These tokens will be distributed to individuals who have played a role in shaping the Elixir ecosystem. Airdrop Distribution and Eligibility Elixir has created a unique approach to airdrop distribution, with over 40% of the total ELX supply allocated for the community. The first round of the airdrop has already been distributed, with tokens primarily going to Apothecary potion holders—early supporters of the Elixir ecosystem. The breakdown of the airdrop includes: Apothecary Potion Holders: 7% of the total supply has been distributed to Apothecary potion holders, a key group in Elixir’s early stages. Community Contributors: A portion (0.4%) was allocated to community members who contributed to the project, including those in special groups like Cult OGs, private cult members, and Discord role holders. Validators: Early testnet users who connected their validator to the Apothecary were rewarded with 0.25% of the token supply. DeFi Stablecoin Power Users: Another 0.25% went to users with significant interaction with stablecoins in DeFi. Special boosts were applied to specific community groups, with Dewhales and Turtle Club members receiving a 20% boost to their allocation, while other community members received a 10% referral boost. Importantly, Elixir took a snapshot of Total Value Locked (TVL) in the protocol on February 28th, granting a 30% boost to users who had funds in the protocol on that date. To ensure a fair distribution, a hard cutoff was applied, with a minimum of 37.5 ELX required to receive an allocation.