Elixir

Elixir has introduced a synthetic dollar asset called deUSD, aiming to compete with Ethena's USDe. The deUSD is fully collateralized, created using stETH as collateral to short Ethereum in a delta-neutral position. Stakers of deUSD can earn additional returns on top of the base yield through liquidity provision incentives.

According to information from open sources, there are plans for a token launch, but currently, there is no exact date for the TGE (Token Generation Event).