🍕 Bitcoin Pizza Day is Almost Here!
Join the celebration on Gate Post with the hashtag #Bitcoin Pizza Day# to share a $500 prize pool and win exclusive merch!
📅 Event Duration:
May 16, 2025, 8:00 AM – May 23, 2025, 06:00 PM UTC
🎯 How to Participate:
Post on Gate Post with the hashtag #Bitcoin Pizza Day# during the event. Your content can be anything BTC-related — here are some ideas:
🔹 Commemorative:
Look back on the iconic “10,000 BTC for two pizzas” story or share your own memories with BTC.
🔹 Trading Insights:
Discuss BTC trading experiences, market views, or show off your contract gai
Research and Opinion on $ELX (Elixir)✍️✅📝
🔖What is Elixir?
Elixir ($ELX) is a modular blockchain protocol based on a Delegated Proof of Stake (DPoS) consensus mechanism, designed to revolutionize liquidity on decentralized exchanges (DEX). Its main goal is to provide an efficient solution for market making, eliminating the reliance on centralized market makers.
🔖How does Elixir decentralize market creation?✍️
Elixir decentralizes market making by allowing any user to directly provide liquidity to DEX order books, using an algorithmic and computationally secure approach.
🔖How does the $ELX #ELX# tokenomics work?📝
The token $ELX is the cornerstone of the Elixir ecosystem, with a total supply of 1 billion tokens. Its functions include:
✅Governance: $ELX is the only token that grants voting rights on protocol upgrades, fee structures, and liquidity incentives.
✅️ Security: Validators and nodes must stake a minimum of 9,000 $ELX to participate, aligning their incentives with the network through cryptoeconomics.
✅️ Future incentives: After the launch of the main network (mainnet), $ELX holders will decide on the implementation of fees and their distribution (to stakers or reinvestment in the network).
🔖What components make up the underlying infrastructure of Elixir?
📝The infrastructure of Elixir includes:
✅Red DPoS modular: Based on validators ensuring consensus and functionality, betting $ELX to ensure honesty.
✅️ Validators and Auditors: More than 30,000 global validators, supervised by auditors who detect malicious behaviors, with controllers that take corrective actions.
✅️ Integration with DEX: A modular framework that connects to major decentralized exchanges, optimizing order books.
https://www.gate.io/es/trade/ELX_USDT
🤓Opinión:
#GateOpinionQuest#
Elixir has an innovative and ambitious approach that could transform how liquidity is managed in DeFi. Its emphasis on decentralization, backed by a robust network of validators with adoption by firms like BlackRock and Hamilton Lane), positions it as a project with significant potential. However, its success will depend on mass adoption, clarity in the execution of its post-mainnet governance, and competition with other protocols like Ethena (USDe).🫡