Elixir Testnet V3 Is Live, Paving the Way for Mainnet Launch

IconCryptoNewsTerminal Staff03 Sep, 2024

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Elixir Testnet V3 Is Live, Paving the Way for Mainnet Launch

Elixir (ELX), a decentralized order book liquidity provision focused modular blockchain project, has announced the launch of its v3 testnet. This is the final testnet before the mainnet launch, and from this version onwards, the community will be able to run validator nodes. Elixir had previously launched a synthetic dollar stablecoin, deUSD, pegged to Etherna's (ENA) stablecoin USDe, in July this year. The project is backed by a team of experienced blockchain developers and has received funding from several venture capital firms. With the launch of the v3 testnet, Elixir is taking a significant step towards its mainnet launch. The testnet will allow the community to test the network and provide feedback before the mainnet goes live. Elixir is expected to launch its mainnet in Q4 2023.