A Brief About Elixir

Hello everyone,

Today I am writing a different post. It is about Elixir, a token that I came across recently. Before we start, let's mention that it was created by one of the founders of DUO project. The goal of the token as I understood it is, to curate Mildly Infuriating community along with other short form content.

Why should you be interested?
In my opinion, this is a question that is asked with every token that is out there. Why would one buy or hold it? This is where the rewards come in. The rewards are explained as below:

Dividends rewards:
Minimum 50 ELIXIR staked to qualify
90% of curation earnings paid weekly

Delegation:
Additionally, delegators will receive 100% of the reward in Elixir. There is currently no minimum threshold for delegation. Which is a good news for newbie accounts. Or, those who would like to participate, but, cannot delegate a significant amount to the project.

Last but not least, we are going to briefly discuss about the curation. The curation is done manually. In other words, there will not be a guaranteed vote for holding or delegation. It will solely be based on the content itself.

So, for those who are interested in delegation, they can delegate to the main token's account @nectarbytes. Plus, you may refer to the below post for more information about the token: ELIXIR Whitepaper

In conclusion, I would like to note the following: as what has been said before, always DYOR before going with a project. While this project seems to be solid and promising, but, it is also still in its early stages. Plus, it's good to be aware about other projects that are running at the moment.

I'm tagging: @caspermoeller89 @chaosmagic23 @chrisparis @ladyaryastark @krakonos

Posted Using INLEO