What is the Impact of Elixir Network on deFi

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What is the Impact of Elixir Network on deFi

Some of the major challenges to deFi is mostly liquidity, scalability and high fee but could this be reduced with the introduction of Elixir network? Elixir aims to unlocks deFi by providing an alternative to the traditional finance middlemen with automating staking, trading, and liquidity management on Ethereum but can this position deFi ahead of tradFi?

Does the use of computational secure algorithmic market making on both centralized and decentralized exchange solve liquidity issue, increase trading volumes and enhance security? How could this impact the future of Eth, DeFi and the whole crypto industry?

Does this combine Chainlink security, Arbitrum low fee, Aave Arc regulatory gaps bridge, Safe friendly UX, and Osmosis liquidity boost into one?

These are some questions that beg for answers as the elixir mainnet and native token $ELX approaches especially as this token will serve as both utility and governance token. What do you think?

Myat Kelly Asked question March 7, 2025
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