【DeFi protocol Elixir will launch the first phase of mainnet on October 31】 on October 23, the DeFi protocol Elixir announced the launch of the third phase of Apothecary, which will distribute 750 million bottles of potion rewards to active community participants, deUSD minters/holders, and order book LPs in the next 10 months before the public mainnet launch. This is the largest potion distribution to date. DeUSD pledgers have now begun to accumulate liquidity income and receive a 2x potion reward increase, and Curve LP will receive a 10x potion reward increase. At the same time, Elixir also announced that it will launch the first phase of the mainnet on October 31. This phase is a short stage before the launch of the mainnet, marking the beginning of Elixir's transition to full decentralization. On this day, Elixir will launch its founding institution validator program, the timer for the public mainnet launch, and launch the ELX token as the future native application and governance token of the Elixir ecosystem. It is reported that Elixir Protocol is a modular decentralized staking network that allows users to directly provide liquidity to trading pairs of order book exchanges and obtain market maker rewards similar to AMM to help improve the liquidity of decentralized order book exchanges. Previously, Elixir launched the decentralized synthetic US dollar asset deUSD to challenge Ethena's USDe.