Announcements Gate.io Will Initially List Elixir(ELX) Spot Trading and Launch HODLer Airdrop

Gate.io Will Initially List Elixir(ELX) Spot Trading and Launch HODLer Airdrop

2025-03-07 04:20:27 UTC 10243 Read

ELX/USDT + 1.41%

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Gate.io will list Elixir(ELX) and offer a limited-time HODLer Airdrop. Users holding at least 1 GT can share 62,500 ELX tokens for free.

The HODLer Airdrop is exclusively for GT holders. After the Elixir(ELX) airdrop concludes, no funds will be deducted from participants.

**Airdrop Details**
**Claim Period: 06:00 March 7th - 08:00  March 7th (UTC)**
Total Supply: 62,500 ELX
Unlocking Rule: 100% Unlock
**Trading Starts: 10:00 March 7th (UTC)**
Trading Pair: ELX/USDT

**Participation Rules**
Complete identity verification and hold at least 1 GT to share the total reward pool based on your GT holdings’ snapshot proportion.
The maximum participation limit for each user in this event is 5000 GT.
How to Claim the Airdrop: Log in and complete identity verification → Go to Launchpool, select HODLer Airdrop → Hold at least 1 GT → Click "Join Now"

<a href="https://www.gate.io/help/guide/startup/43505/hodler-airdrop-faq" target="_blank">HODLer Airdrop FAQs</a>

About Elixir(ELX)
Elixir is a blockchain project focused on DeFi and liquidity solutions. It aims to provide efficient liquidity support for DEXs, with its protocol’s TVL exceeding $300 million.
Token Name: Elixir
Token Symbol: ELX
Max Supply: 1,000,000,000
Token Type: ERC-20
Token ID: https://etherscan.io/token/0x89A8c847f41C0dfA6c8B88638bACca8a0b777Da7

Token Distribution Ratio and Unlocking Rules:
Team, 19%: No unlock at TGE, 12-month cliff, 24-month continuous vesting from month 13 through month 49
Investor, 15%: No unlock at TGE, 12-month cliff, 24-month continuous vesting from month 13 through month 37
Foundation treasure, 22%: 25% unlock at TGE, 24-month continuous vesting from month 13 through month 37
Validator rewards, 12%: No unlock at TGE, emissions over 240 months, logarithmically decreasing 
LP incentives, 10%: 25% unlock at TGE, 72-month continuous vesting from month 1 through month 73
Community airdrops, 19%, proportion unlocked at TGE, remainder unlocked at months 6 and 12 
Liquidity, 3%: 100% unlock at TGE

Whitepaper: https://docs.elixir.xyz/
Website: https://www.elixir.xyz/

**Gate.io Labs Investment Disclosure**
Gate.io Labs did not invest in Elixir(ELX)

**Notes**
-GateToken (GT) is the unique exchange token of Gate.io exchange and the native token to the Gatechain public chain. Hold GT now: https://www.gate.io/trade/GT_USDT
-Please complete identity verification before participating in Startup to enhance the security of your account and assets.
-Please adhere to the relevant rules of the event when participating. Any cheating behavior is prohibited. An occurrence of any dishonesty will result in the disqualification of the rewards.
-Where any discrepancy arises between the translated and original English versions, the English version shall prevail.
-Gate.io reserves all rights to the final explanation.
-Users in the United Kingdom and other Restricted Locations cannot access the Services (including participating in this event, game, or competition). See the User Agreement for further details on Restricted Locations.

**Risk Warning**
-The HODLer Airdrop project is a blockchain startup and is still in its early stages. The project operation, underlying technology, and legal environment may pose significant risks.
-The project team does not guarantee that the token price will not be lower than its sale price. Please invest with caution, and don’t invest beyond your financial capacity.
-The HOLDer Airdrop project is still in its initial stage, factors including the operation and underlying technology of the project, and other related regulatory activities might contribute to significant risks.
-Advanced technical and financial knowledge is required to understand, and evaluate the inherent risks of crypto-asset investment.
-The market volatility is high, and the price of a token might fluctuate drastically due to technical, regulatory, and market factors.

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Gate.io Team
March 7, 2025

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Gate.io Will Initially List Elixir(ELX) Spot Trading and Launch HODLer Airdrop

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