Welcome to the 2nd edition of the Elixir Community Newsletter. Our aim with this newsletter is to keep the Elixir and the wider crypto community informed of the latest news, including product launches, governance changes, and ecosystem updates. If you’re interested in learning more about Elixir, follow our official X and Medium accounts.

Summary:

  • Elixir Analytics

  • Elixir Main News

  • Community News

  • Community Content

  • Top 3 Community Art

Elixir’s Analytics

Weekly Protocol Volume : $59,108,743.88

  • Network Volume (All Time) : $4,553,949,598.92 (+6.24%)

  • Validators: 49'564

  • deUSD TVL : $240,452,946.44 (+33.39%)

Protocols Numbers :

  • Vertex $1,058,675,919.23 (+2.95%)

  • Bluefin $2,096,757,504.57 (8.09%)

  • RabbitX 195,559,474.96 (+0.02%)

  • Orderly $1,202,227,948.54 (+7.10%)

Elixir Main News

Introducing Elixir’s “deUSD RWA Institutional Program” — a first ever partnership with Securitize

After months of design and $1B+ of capital interest, this joint program allows Blackrock BUIDL and other RWA holders to seamlessly access DeFi using deUSD as the primary currency

deUSD’s core backing consists of funding yield and treasury exposure via USDS

Without altering deUSD’s backing or risk profile, holders of Securitize tokenized assets like Blackrock’s BUIDL and Hamilton Lane’s SCOPE can now access DeFi apps via deUSD with isolated yield exposure

Securitize-issued RWAs are now both liquid and composable for the first time, tapping into deUSD’s $110M+ of unified on-chain liquidity

Through this institutional program with Securitize, participants can isolate yield exposure Isolated RWA backing can be redeemed 1:1 by the network for USDC via existing on-chain atomic liquidity

Announcement link here

Elixir is excited to announce deUSD as the native path for holders of Hamilton Lane SCOPE to access DeFi

Starting Monday, in partnership with Securitize, Elixir will enable the fund’s institutional asset holders to keep isolated exposure and natively access DeFi via deUSD

Announcement here

Curve + Elixir + BlackRock: A $533M Bridge Between TradFi and DeFi

Curve enables BlackRock (BUIDL) to enter DeFi. Thanks to Elixir for making it happen

Announcement here

Soon stELX

Announcement here

The next wave of DeFi liquidity is here

Plume is proud to introduce Elixir to the RWAfi ecosystem!

Together, we’re bridging the gap between institutional assets and DeFi, enabling seamless access to RWAs like BlackRock ’s BUIDL through Elixir’s innovative infrastructure

Announcement here

Securitize, Elixir launch DeFi vaults for Blackrock’s BUIDL

“Demand is surging for tokenized RWAs that offer low-risk yields from T-bills and other money market instruments.”

More from IntrinsicDeFi in Cointelegraph here

~1 week into Elixir’s Mainnet Phase I and the Cultists are brewing

  • 50,490 active mainnet validators

  • 698,661 finalized blocks

  • Avg. block time of 0.92 seconds

Mainnet validators all over the world are securing the Elixir Network

Official Announcement here

Elixir <> Reya

RNIP1 has passed, converting 80% of Reya L2 network’s liquidity to deUSD and adding it as whitelisted trading collateral.

Via a DAO vote, Elixir is now the first Liquidity Manager on Reya. deUSD will be a primary asset within Reya Network’s passive LP vaults, representing 80% of the backing deUSD will bring native yield on top of existing yield generated by activities on the network.

More Information here

deUSD is updating its ~$125M of SDAI holdings to SkyEcosystem ’s upgraded version of sDAI (USDS)

View deUSD’s backing here: http://dashboard.elixir.xyz

Official Post here

Elixir is excited to announce the release of Delphi_Digital ’s comprehensive Elixir Network report

An in-depth research article detailing the mechanism designs underpinning both the network and deUSD here

This is the first of two research-oriented reports conducted by Delphi Consulting in the time since Elixir’s phase I mainnet launch

Introducing Elixir’s Genesis Validator Set

This set includes a mix of community validators, institutional infrastructure providers, and strategic partners during mainnet phase I

Validators secure the network and ensure high-throughput consensus.

Genesis Validators are just the first step — at public mainnet launch, anyone will be able to stake to their own a validator (or delegate to an existing one)

Elixir will soon announce a Foundation Delegation Program, delegating foundation tokens to smaller performant validators

Official Announcement here

We’re expanding Rituals: 4x the Potions and more winners than ever

  • Create Elixir content

  • Contribute to socials

Begin your cult journey — find out more in our community channels:

The Elixir cult members in our private telegram have received an airdrop allocation in Bluefin’s upcoming launch

Eligible LPs who contributed to bluefinapp Nexus will also be able to check their allocations shortly for $BLUE rewards

Check announcement here

Commit to mint deUSD with your elxETH ahead of conversions going live in December

  • 10x potion boost

  • 2x season 1 potion bonus

Discover how deUSD serves as the sole gateway for institutional assets to access DeFi

Listen to the community AMA with @0xPhilip and @cole0x on discord right here and also in transcripted form here

Ether.fi having a bonus gift from Elixir

  • 50 Elixir Potions! AND an additional 200 Potions

Earn the 200 Potions when you deposit $100 into the Elixir Partner Vault before the end of the event and hold for 7 days.

Unwrap this gift: http://app.ether.fi

Announcement here

Community News

Elixir Community Events: Take part in our weekly events for a chance to win some discord XPs and some amazing prizes!

  • Oh Baby Kart Session: Monday 17:00 UTC

  • Chess Tournament: Tuesday 3PM UTC

  • Internet Game Tournament with Pyth: Tuesday 12PM UTC

  • Arts & Cults with Blubleau & Oyo: Tuesday 16:30 UTC

  • Cult Quiz with Tural: Tuesday 18:00 UTC and Thursday 15:00 UTC

  • Elixir Poker Night: Wednesday 18:30 UTC

  • Cultfessions with Pomelo: Biweekly on Wednesday 20:00 UTC

  • Call of Duty Mobile Tournament: Sunday 14:00 UTC

You can find more info on our events tab on Discord.

Purple Ecosystem Gaming Tournament

On November 15th, Elixir, Pyth, and Curvance came together for an exciting gaming tournament. Over 40 participants joined the event, with the top 25 players taking home amazing prizes. Click here for more details

Cross-Community Gaming Session

On November 24th, Elixir, Pyth, Bermpty-headed, Bullasverse, Smilee Finance, Junky Ursas, and Berachain came together for an exciting cross-community event hosted on Berachain Discord. Click here for more details

Smashkarts Saturday

On December 7th, Elixir hosted another cross community Smashkarts tournament with Wormhole, Pyth and Curvance communities. Over 100 players participated, competing for amazing rewards. Click here for more details

Community Content

Top 3 Community Art

Art by flippedface — Art by Javi — Art by Reztu

See you next time!