After xUSD, the second stablecoin to officially collapse is deUSD. The official announcement is out, meaning that due to the impact of xUSD, deUSD has also become insolvent. A snapshot has already been taken, and those with deUSD in their wallets can redeem it for USDC at a 1:1 ratio. deUSD will be completely terminated afterward. It has already decoupled to 0.8 on-chain. The Elixir protocol itself is likely also done for. Looking back, @elixir was led by HackVC and the Sui Foundation, raising 17 million dollars. Today is March tge. The circulating market cap of the token is still 13 million. The next one should be Yang's USDX, which has decoupled to 0.5. The mods in the DC group are already gone. I hope the brothers who saw my warning post yesterday have already run away.