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[Elixir Has Processed 80% of deUSD Redemptions, Claim Page to Go Live Today] On November 7, the DeFi liquidity protocol Elixir announced that it has successfully processed 80% of deUSD holder redemptions (excluding Stream) over the past 48 hours. Currently, Stream holds approximately 90% of the deUSD supply (around $75 million), and a similar proportion of the remaining collateral assets held by Elixir exists in the form of Morpho loans to Stream. All remaining deUSD and sdeUSD holders will redeem at a $1 pegged value, with relevant balances already snapshotted. Later today, Elixir will launch a claim page where holders can claim USDC. Additionally, the minting/redemption infrastructure has been shut down, and deUSD will be gradually phased out. Elixir will collaborate with Euler, Morpho, Compound, and others to facilitate the repayment and allocation of Stream loans to liquidate related positions.

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