Elixir can be considered as an NFT financialization ecosystem, allowing users to fully control their NFTs using applications such as - Elixir AMM Marketplace, Launchpad, Expresspad, Lending/Borrowing, Long/Short, etc.
Since the first tweet on September 1, they have collaborated with more than 100 collections - Catalina Whales, SMB, Vandals, Ukiyo, Jikan, C3, Degen Fat Cats, Stoned Ape Crew, Boryoku Dragonz, Portals, etc. And they also cooperate with more than 30 protocols - Serum, Raydium, Jupiter, Dialect, Psyoptions, etc.
Website - https://www.elixirnft.io/
City - https://city.elixirnft.io/
Nectars
The nectars were a potion brewed using $OVO. Nectars will play a crucial role in the early stages of Elixir and will soon be completely destroyed from the ecosystem after complete incineration.
These nectars were gen0, by purchasing them you were able to send them to stacking (burn) and get a PFP token Ovols (photo) and a free mint Ovols.
These nectars could be obtained by having WL and several $OVO tokens. After the blowjob, they flew away at 70sol+, and now you see what a picture.
Ovols
Ovols are the main collection for Elixir and will be the only remaining collection after all 777 nectars are burned and destroyed from the ecosystem.
Ovols were replaced on November 17, 2022 for 12 SOL (there was also a wager, mint for 10-20 SOL and people did not receive NFT). The concept of Ovols is to create a valuable environment that provides utility for each owner.
Ovols will not only receive a reward for each protocol, but will also provide additional utility for owners.
Ancients
The collection of 10 thousand Ovols consists of 777 Ancients. They are divided into 3 categories:
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Blue (normal) - 458 pcs.
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Red (rare) - 250 pcs.
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Gold (mythical) - 69 pcs.
Ancients will remain undisclosed, as the art for them will be completely new and will be different from the other 9223 Ovols in the collection. I wrote earlier that they could only be obtained from Nectar.
OVO Token
OVO is the only token in the Elixir ecosystem and will have undisclosed use in the future.
Tokenomics Overview
Approximately 50% of the offer is intended for the community - creators, traders, market makers and owners of NFT Elixir.
The other half of the offer is intended for targeted use, including the team, first supporters, grant reserves and more.
The main utility of tokens:
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The direction of liquidity - the direction of the treasury to the liquidity pool, generating income for the DAO, as well as servicing various communities.
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Reserves - A portion of the DAO's revenue can be used to redeem the token on a regular basis for retention.
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Accounting for participation in the platform is a steady income of the creator, stimulating trade and market creation.
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Distribution Management - Creating an NFT trading experience created by the community.
Utilities
1. Elixire App
1.1 Earn Elixir Earn is the easiest way to earn passive income on your NFTs through providing liquidity. This is not intended to create a passive source of income for Ovols - it's just part of the Elixir app for any Ovol holders to provide liquidity for any collection. By providing liquidity, you will not always receive the same NFT that you enter when withdrawing funds. Minimum deposit rates only.
Right now, the utility is not working because it is changing from AM to CLMM, which means changes in earnings. That is, if you earned 1% and the volume was 100sol, you will get 1sol, but if the volume is 1sol, you will get 0.01sol
A lot depends on the value of APY%, but it varies. It is updated several times a day.
AVAILABLE ONLY TO OVOL HOLDERS
Easier: you give your NFT as collateral and will be able to earn a little money with a commission.
Methods
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Automatic deposit: Connect your NFT and SOL to automatically receive passive income. Install and forget your pool without even caring about your pool.
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Creating Your own Market (Coming soon): Provide liquidity with an order book to maximize the opportunities to provide liquidity. Place accurate orders directly in the order book. This is for more advanced traders who want to get the most passive income.
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Concentrated Liquidity (Coming soon): Actively manage your position with user fees, a pegging curve, and more.
How does it work?
When you deposit NFTs into Elixir's liquidity pools, you provide these NFTs and SOL as liquidity for people who can buy, sell and exchange in the app.
In return, you receive a reward comparable to your share of the liquidity provided for this collection.
The more NFT & SOL you provide, the more fees you will receive from this fee.
Users can request commissions and withdraw funds at any time - there are no mandatory blocking periods for any provision of liquidity.
Guide: https://www.youtube.com/watch?v=xz_Psvv2_nI
1.2 Borrow (soon)
1.3 Long/Short (soon)
2. Corruption
Corruption is a series of battles in which the owners can choose either the Elixir City or the Corrupted Ones. In each battle there are different rewards for the winning side.
How does it work?
Just press any button to deposit a deposit into your Ovol. In each battle, choose which side you want to see your idol on. Then you will receive a reward divided equally between your ovals, depending on how many battle points you have contributed.
1 Ovol = battle point. There are 4 battles in total, rewards are awarded at the end of each battle.
Ovol airdrops are sent at the end of each battle, and airdrops with symbolic rewards are sent at the end of the corruption phase. At this stage there will be several different shots and dropouts.
Combat Glasses
Each ovol is worth 1 combat point. If there are any "Multipliers" for your ovals, these points will increase and help the side you joined.
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Mythical = 12x battle points
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Rare = 6x Combat points
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Normal = 3x combat points
Awards
Rewards for each battle are revealed randomly throughout the battle. The winning side will always receive all 3/3 of the rewards - the losing side will receive only 2/3 of the rewards. If the awards are NFT - they will be played between that party.
Snapshots
How do snapshots work?
Throughout the corruption phase, in addition to the rewards you will receive for winning battles, there will be several shots and airdrops. All you have to do is remove from sale or participate in the fight against corruption.
In short: choose a side, send an Owl + coms. Rewards are revealed gradually, and the results of the battle will be at the end of the timer. You will be given back the Owl and later the rewards.
3. Launchpad & Express pad
The Elixir launcher is divided into 2 separate products.
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Elixir Launcher = Full launcher of KYC, Doxxed and verified launch partners.
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Elixir Expresspod = Self-service launcher for any product to host their NFT mint.
A portion of the revenue from any collection that is launched from any of these products is returned to the owners of Ovols.
Specifications
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Frieze for 5 days
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Game chasing (if desired)
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Dynamic pricing
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Mint in SOL/OVO
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Setting up an Elixir Pool
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Art Generation
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Control Panel and Creator Analytics
4. Mines
Originally used to collect $OVO for mint nectars.
The mines will be reopened with a new structure and layout. More information will be available soon.
A one-way betting application to block NET/SOL in mining contracts to earn Ovostone.
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Mines are opened in expeditions where a certain amount of ovostone can be extracted.
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Early miners get more ovoston.
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The rewards for Ovoston decrease after each expedition.
Simply put, you send NET/ SOL to maintain the liquidity of Elixir, thereby you are awarded the $OVO token. You can terminate the contract, for this you will need to return the $OVO received.
You can send from 14 days to 1 year to the mine.
5. Brewery
The brewery was originally used to produce 777 Nectars NFT. The brewery is currently rebranding as an NFT lottery system.
With the help of NOVO / SOL, owners can receive discounts / free NFT, WL spots, etc. More detailed information will be available soon.
6. The parlaiment
Parliament is a group of owls - hence the term for our platform owned by the government and the community.
Coming out soon
A platform/protocol on which users can choose their individual Ovo & $OVO and immerse themselves in an interactive experience to dictate the further development of Elixir.
He want everything, from fees, new protocols, rewards, airdrops, features, art, NFT rewards, etc., to be controlled and managed by the elixir community.
We will invite board members and leaders to Parliament to focus on a greater role in governance.
Commuity
PFP stands at 180 people on Twitter (the art is very beautiful), and the community is only growing. There is no support from infls, as well as marketing. I think there is an accumulation now, in terms of activity in the community :)
I want to highlight a good discord. They welcomed me warmly and helped me with questions. Very active communication + alpha.
Team
I can't say anything about them
The end
The project looks high-quality and beautiful. I was surprised by the detailed information about each utility. The guys took seriously the creation of their brainchild, which, as I understood, is only gaining momentum. There are a lot of utilities on the way that can well affect the purchase of a Ovol.
In the near future, they plan to launch staking. Utility like Earn and "Corruption" look attractive.
Also, you probably know that they have plans to make futures.
Thank you for reading!
Articles on: Teletype (RU) and Medium (ENG)
My Channel: https://t.me/volggaNFT
My Twitter: @volgga_sol