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Elixir: deUSD is officially invalidated, and the USDC compensation process will be initiated for all DeUSD and its derivations holders.
According to Mars Finance, Elixir's official Twitter announced that the stablecoin deUSD has officially been retired and no longer holds any value. The platform will initiate the USDC compensation process for all holders of deUSD and its derivations (such as sdeUSD). The affected range includes collateralizers on lending platforms, AMM LPs, Pendle LPs, etc. Elixir also warns users not to purchase or invest in deUSD through AMM and other channels.