ChainCatcher news, Bitget is about to launch the Launchpool project Elixir (ELX), with a total prize pool of 3,833,000 ELX. The lock-up period is from March 7, 18:00 to March 10, 18:00 (UTC+8).This round of Launchpool opens two lock-up pools, details are as follows:BGB Lock-up PoolRegular user staking limit: 5,000 BGBVIP user staking limit: 30,000 BGBTotal prize pool: 3,549,700 ELXDEUSD Lock-up PoolStaking limit: 100,000 DEUSDTotal prize pool: 283,300 ELXELX/USDT trading opening time: March 7, 18:00 (UTC+8)

ChainCatcher news, according to The Block, the modular blockchain project Elixir has announced the launch of the decentralized synthetic dollar deUSD, aimed at challenging Ethena's USDe. Elixir claims to have $1 billion in liquidity to support this newly launched yield token.