stELX

the elixir network lst

[Elixir Cultist @elixirintern]

retweet if you recognise this (add the ticker)

[stELX @stakedelixir]

@elixir @CurveFinance Elixir
stakedELX
Curve

Trifecta

[stELX @stakedelixir]

Stake: https://t.co/QBD39f9agf
Integrate: https://t.co/k3McpYweqK
Telegram: https://t.co/BA4446BQ0n
Discord: https://t.co/VpUrxWQWgI

[stELX @stakedelixir]

StakedELX is now live.

Liquid staking is the next unlock supercharging the Elixir ecosystem.

stLEX offers an elite, decentralized, one-click staking experience into a network of diverse operators. Furthermore, stELX is a liquid, tradable asset with many DeFi use cases. stELX is fundamental infrastructure and will be integrated into a handful of defi protocols giving the end-user maximum optionality and flexbility to unlock liquidity.

- Borrow/Lend
- Swap
- Yield

In the coming days and weeks as more and more projects add support for Elixir, you can be sure you'll find stELX in the mix.

In the coming weeks, users can also stake via Community Code directly to
@POpsTeam1, @lavender_five, @rhinostake, @validaoxyz, @Njess and @imperator_co to name a few.

stELX innovates on all facets of the liquid staking design space, such as token model, operator selection, and community governance. The protocol aims to bolster Elixir's resilience, decentralization, and performance.

We thank the Elixir ecosystem of investors, validators, builders and core contributors for their support. We can't wait to see how Elixir stake-holders of all kinds benefit from this powerful primitive.

[stELX @stakedelixir]

@cole0x ^^

[stELX @stakedelixir]

@degenerateux https://t.co/MlmXYwky9D

Here is a little 101 on liquid staking. ^^

Community codes allow any genesis validator to run a front end allowing their following to mint stLEX from their frontend.

[stELX @stakedelixir]

Introducing Elixir Community Codes—a mechanism allowing operators to build independent frontends and directly receive stELX delegations.

Community codes create a growth flywheel that incentivize operators to contribute to the Elixir ecosystem and grow staked elixir.

To generate a community code, one must:

- create a proposal outlining their infrastructure on the public forum
- pass heavy vetting and a token-weighted vote by $stELX holders
- consistently meet excellent performance metrics, as operators with validators outside the top percentile will be removed from the set

This enables a democratic process for operators and @elixir community members to earn LST delegations.

Read more about community codes and operator selection in the protocol documentation.

[stELX @stakedelixir]

Very soon

[stELX @stakedelixir]

An institutional primer on stELX:

https://t.co/U0CDyIrX1x

[stELX @stakedelixir]

@BigGbotex @elixir Soon.

[stELX @stakedelixir]

Introducing $stELX.

@elixir is launching at a pivotal moment. Institutions are set to invest billions via RWAs, and Elixir is the sole gateway for these asset holders to enter DeFi.

stELX is a native staking hub that will supercharge a DeFi ecosystem with a superb staking UX and secure yield.

[stELX @stakedelixir]

FINAL TWEET

[stELX @stakedelixir]

If you are a builder or a future user of Elixir, please join us in our Telegram or Discord to learn more, and help define the future of Staked Elixir.

[stELX @stakedelixir]

Sooner

[stELX @stakedelixir]

Soon.