potions have feelings

hi

the cult is real

mood

Intern logging in, seeing 9.76% APY, and doing absolutely nothing to earn it:

Elixir has worked tirelessly over the previous 48 hours and has successfully processed redemptions of 80% of all deUSD holders thus far (not including Stream). As it stands now, Stream holds roughly 90% of the deUSD supply (~$75m), while Elixir holds a similar proportion of its remaining backing as a Morpho loan to Stream. All remaining holders of deUSD and sdeUSD will be able to redeem for a dollar. To protect the interest of these holders (and remove any risk of Stream liquidating deUSD before repaying their loan), a snapshot has been taken of all remaining deUSD and sdeUSD holder balances, and a claim page will go live later today. These parties will be able to claim USDC. As a part of this, the mint/redeem infrastructure has been turned off, and we will be sunsetting deUSD in the near future. Any affected LPs in AMM pools or lending markets will be able to claim the full value of their position. Given that Stream comprised of 99% of the lending positions (and has decided to not repay or close positions), we will work with Euler, Morpho, Compound and the curators moving forward to help distribute repayment of the Stream loan to liquidate these positions. We still believe this will be honored 1 for 1. We will follow up to this post later today with claim page information.

manifesting

SUI that's it that's the tweet

one more day of videos of opening boxes then up only

many such cases

jpow watching ct opening boxes on twitter right before nuking the whole market

first day LFG!!!

Introducing sdeUSD! sdeUSD is the staked version of deUSD, @elixir's yield-bearing stablecoin. It’s now listed with an open 90% Loan-to-Value (LTV) ratio in an Isolated Market with USDC. Learn more about sdeUSD and Isolated Markets 🧵

Big step for $deUSD and $sdeUSD: Elixir is now live on @SuiNetwork , expanding access to stable, onchain yield across top DeFi protocols: • @bluefinapp – LP with boosted rewards • @AlphaFiSUI – leveraged yield farming • @navi_protocol – lending borrowing • @suilendprotocol – top lending protocol on Sui This brings Elixir’s institutional-grade stablecoins to a whole new ecosystem. Capital efficiency now lives on Sui 🧪

Elixir expands to Sui with fresh deUSD integrations on @suilendprotocol, @AlphaLendSui, @bluefinapp & @navi_protocol. Cross-chain stablecoin infrastructure keeps growing.

Elixir is now live on @SuiNetwork This marks a significant milestone in our mission to provide institution-friendly stable assets on every chain. Powered by @LayerZero_Core Check out deUSD's new integrations with four of Sui’s premiere DeFi applications ⤵️

bros waiting for that 150% APY from a yield farm backed by nothing but hopium hfsp

zoom in 🔍