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#GateOpinionQuest
Elixir is a modular DPoS network built to provide liquidity for order books across exchanges. Elixir’s cross-chain and interoperability allows order book DEXs to integrate Elixir into their core infrastructure, enabling a variety of use cases beyond providing liquidity for trading pairs. The Elixir Network serves as a critical foundational infrastructure for exchanges and protocols to easily bootstrap liquidity. Currently, Elixir is integrated with the core infrastructure of over 30 leading DEXs.
ELX is the native utility and governance token of the Elixir Network, implementing the consensus algorithm while allowing holders to determine the future of the network.
Elixir Network connects to exchange order books to build up liquidity.
Exchanges expose websockets to provide low-latency updates on trades, positions, and order books. The Elixir network consumes these real-time data streams and periodically snapshots the order book into a dataframe in time slices corresponding to the network's tick size. The dataframe data is normalized to provide a consistent representation of orderbooks across individual exchanges.
$ELX spot trading link: https://www.gate.io/trade/ELX_USDT
$ELX Launchpool event, stake $BTC, $ELX to grab 153,750 $ELX rewards: https://www.gate.io/launchpool/ELX?pid=234
Click the link to check event announcement: https://www.gate.io/announcements/article/43767
#GateOpinionQuest #ELX