TechFlow reports that Elixir has announced it will provide Hamilton Lane SCOPE fund holders with access to DeFi through its decentralized stablecoin deUSD. In collaboration with Securitize, Elixir will enable institutional asset holders of the fund to gain direct access to DeFi via deUSD while maintaining their independent risk exposure.
Elixir Protocol is a modular decentralized staking network that allows users to directly provide liquidity to trading pairs on order book exchanges and earn market maker rewards comparable to those offered by order book exchanges and L1/L2 blockchains, thereby helping to boost liquidity for decentralized order book exchanges. Previously, Elixir launched the decentralized synthetic dollar asset deUSD to compete with Ethena's USDe.
