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    Elixir Staked deUSD

    SDEUSD

    Evaluation Score

    Overall rating on a scale of 0-10

    RiskReturn
    07.010
    Risk Level:
    Medium
    Recommendation:Speculative position only
    Evaluated:May 12, 2025 (v2)

    Crypto Token Health Score Explained

    Our AI-powered health score evaluates on-chain metrics, community support, tokenomics, and more. This helps DeFi investors understand risk, compare tokens, and make informed decisions. Learn how to analyze DeFi tokens' risk and use these insights for DeFi portfolio risk management.

    AI Analysis

    Comprehensive evaluation of the token

    Overall Analysis

    SDEUSD is a well-maintained, audited liquid-staking wrapper for deUSD that offers automated, pro-rata yield via continuous rebases. The protocol benefits from steady development velocity (7/10) with robust CI, semantic releases and two major audits (8/10) that addressed medium-severity issues. Tokenomics (8/10) are straightforward—no fixed supply caps or vesting, and on-chain governance aligns incentives, though multisig admin control and potential vote concentration remain risks. Market positioning (6/10) is niche: strong for Arbitrum/deUSD users but faces stiff competition from large-cap stablecoin yield platforms. Community engagement (5/10) is organic but modest in scale, and the core team’s pseudonymous nature (6/10) slightly hinders external trust.

    Strengths:

    • Automated rebasing yield with no manual claims
    • Comprehensive security audits and active bug bounty
    • Clear roadmap delivery and disciplined issue hygiene

    Risks:

    • Limited community size and liquidity vs. USDC/USDT ecosystems
    • Governance centralization under multisig/large holders
    • Reliance on deUSD adoption and fee generation for sustainable yield

    Overall, SDEUSD presents a balanced risk/reward profile in a competitive stablecoin-yield landscape.

    Detailed Analysis by Category

    Development Activity

    Code updates and developer engagement

    RiskReturn
    07.010

    Community Support

    Social media presence and community engagement

    RiskReturn
    05.010

    Tokenomics

    Supply, distribution, and utility

    RiskReturn
    08.010

    Market & Use Case

    Value proposition and competitive landscape

    RiskReturn
    06.010

    Team & Governance

    Team background and project governance

    RiskReturn
    06.010

    Security & Audits

    Security history and audit status

    RiskReturn
    08.010

    About Elixir Staked deUSD (SDEUSD)

    Elixir Staked deUSD (SDEUSD)

    Elixir Staked deUSD (SDEUSD) is an ERC-20 token that represents a 1:1 stake in deUSD held within the Elixir protocol. By staking deUSD, users receive SDEUSD, enabling continuous yield accrual, on-chain liquidity, and governance participation—while maintaining a stablecoin peg.

    Key Features

    • 1:1 Peg to deUSD: Each SDEUSD token is backed by one deUSD in the Elixir staking contract.
    • Automated Yield: Staking rewards are automatically rebased into your SDEUSD balance.
    • DeFi Composability: Fully ERC-20 compatible for seamless integration with DeFi platforms and liquidity pools.
    • Governance Rights: Holders can vote on Elixir protocol proposals and parameter adjustments.
    • Security & Audits: Smart contracts audited by leading blockchain security auditors.

    Token Details

    | Property | Value | | ---------- | ----------------- | | Name | Elixir Staked deUSD | | Symbol | SDEUSD | | Standard | ERC-20 | | Network | Arbitrum One |

    About Elixir

    Elixir is a decentralized protocol designed for optimized stablecoin liquidity and capital efficiency across multiple chains. SDEUSD extends the deUSD ecosystem by offering staked exposure, on-chain liquidity, and governance in a single tokenized asset.

    For contract details and the latest documentation, visit the official Elixir website or check the Arbitrum block explorer.

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