Utility

At Elixir's mainnet launch, users will be able to stake deUSD to earn protocol revenue. In addition, they can (optional) choose to supply it as liquidity across Elixir’s native integrations to boost rewards further. This will exclude pairs where the basis trade is run, removing reflexivity risks.

deUSD staking will likely represent the majority of all onchain orderbook liquidity, with users being able to point their staked deUSD to any of Elixir's native integrations to be used as collateral for building orderbooks.

This creates composable liquidity that will bridge the gap between that of centralized exchanges and decentralized exchanges, while adding the ability for users to capture additional yields outside those natively generated by the synthetic dollar itself.