MultiversX - Announcements
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The new MEX economics are live. ๐ŸŒ“

The changes do not apply automatically to your existing farm positions.

To farm new LKMEX rewards, be sure exit farms first, then enter farms again.

Note: 1% withdraw penality is waivered for 48h.

DeFi upgrade on.

https://maiar.exchange

Retweet: https://twitter.com/beniaminmincu/status/1466224707867455489
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The transportation company of the metaverse - holoride in TechCrunch

holorideโ€™s amazing debut on the Maiar Launchpad has been covered by TechCrunch, who touch on the most important elements of the in-car metaverse ecosystem developed by our partners, and how the Elrond-based RIDE token and NFTs can play a key role in holorideโ€™s success and the metaverseโ€™s broader adoption.

โ€œIn the last few years, we have created a proprietary tech stack that connects car manufactures and content creators with passengers,โ€ Nils Wollny, CEO and co-founder of Holoride, told TechCrunch. โ€œEnhancing our platform with blockchain technology and launching our own Ride token is the logical next step in order to supercharge our ecosystem and allow for a fair and transparent participation.โ€

Read the full article: https://techcrunch.com/2021/11/30/holoride-debuts-ride-crypto-the-currency-of-its-in-car-metaverse/

Retweet: https://twitter.com/ElrondNetwork/status/1466480328260952071?s=20
Less than 2 weeks after its launch, the Maiar DEX processed massive amounts of capital, generated millions of TXs & tens of thousands of new accounts.

You can track the supercharged $MEX adoption on multiple platforms, such as:

๐Ÿ”น Maiar DEX analytics
๐Ÿ”น Coingecko MEX
๐Ÿ”น Coingecko Maiar DEX
๐Ÿ”น Token Terminal
๐Ÿ”น DefiLlama
๐Ÿ”น Arda
๐Ÿ”น Dapp.com
๐Ÿ”น Aerovek

Full details: https://twitter.com/MaiarExchange/status/1466479810788700170?s=20
The Maiar DEX upgrade is LIVE. ๐Ÿ”ฅ

Extraordinary effort by the team & helpful community, discovering the root cause, and solving it.

It was an insane day. Maintenance complete.

We appreciate your support in solving this. ๐Ÿ› ๏ธ

๐Ÿ”น The 1% penalty waiver is extended until 5th December 14:30 UTC.
๐Ÿ”น The MEX/block reward rate for Week 2 continues until Sunday 16:00 UTC.
๐Ÿ”น New gas optimizations are now live.

A more detailed report will follow.

Hard stress-testing exercise, massive step forward.
https://twitter.com/beniaminmincu/status/1467151272709132289?s=20
Some great news.

The Maiar DEX solution is now ready, and in review. ๐Ÿ› 

It's been a few hardcore days, but it's going to get a lot better.

Here's a short update on the current status, and important improvements for the next steps.
https://twitter.com/beniaminmincu/status/1467902268955578373?s=20
Still alive and pushing.

We found the problem, fixed it, and tested heavily.

If final testing works well, the Maiar DEX will go live in the next ~12h-15h.

Exceptional $EGLD community support. ๐Ÿ™Œ๐Ÿป

P.S. Rewards boost incoming with go-live. ๐Ÿ› 
https://twitter.com/beniaminmincu/status/1468555707796570124?s=20
The Maiar DEX is now ready. ๐Ÿง‘โ€๐ŸŒพ

Final testing scenario is being concluded as we speak.

Tomorrow ~noon UTC, a staggered launch will begin.

Huge thanks for all your support.

Super close. ๐Ÿšœ

https://twitter.com/beniaminmincu/status/1468702048950628352?s=20
The Maiar DEX is live. ๐Ÿง‘โ€๐ŸŒพ

All pools and farms are enabled.

Carefully monitoring the next hours.

- 4 mil MEX/block will be on till Monday 18 UTC.
- 1% penalty off till tomorrow 18 UTC.

MEX rewards between farms are now refined for long term growth.๐ŸŒฝ๐Ÿšœ

โžก๏ธ https://maiar.exchange

โžก๏ธ https://twitter.com/beniaminmincu/status/1469005025963872266?s=20
Letโ€™s talk about the future!

Join the Townhall to hear about the next steps for the Maiar DEX and other exciting things ahead for @ElrondNetwork

๐Ÿ—“ December 10, 14:00 UTC
๐Ÿ“บ https://youtube.com/c/ElrondNetwork

RT: https://twitter.com/ElrondNetwork/status/1469225942442721286?s=20
Great products are built by exceptional teams & communities.

Exceptional does not only mean great tech, but more importantly, the ability to remain resolute under significant pressure, putting in all efforts needed to overcome challenges.

Onwards & upwards.

#elrondtech ๐Ÿ› ๏ธ

https://twitter.com/lucianmincu/status/1469724819939901440
4+ Million People Can Now Store EGLD, NFTs And ESDT Tokens On Ledger Hardware Wallets, And 1.5+ Million People Can Use EGLD From The Ledger Live Wallet App

Maiar DEX users and NFT owners can now enjoy an additional layer of security by managing their assets and operations directly from cold storage. And thanks to the easy integration of Ledger authentication with any dApp, security is further boosted for any Elrond user.

An outstanding fact is that the Elrond core devs are the first team to author the integration of their blockchain in Ledger Live - they also wrote the Elrod app for Ledger Nano! - using the open source code and tools available in the Ledger Development Portal.

โ€œThe Elrond Network is a radically new blockchain architecture, designed from the ground up for unprecedented scalability and efficiency. We took it upon ourselves to write the integration with the powerful capabilities of the Ledger hardware wallet and applications, to ensure that our users get maximum security and compatibility for their EGLD, NFTs and ESDT assets.โ€ said Lucian Mincu, Elrond Network CIO

Read more: https://elrond.com/blog/egld-ledger-live

Retweet: https://twitter.com/lucianmincu/status/1470349680412397571
RIDE is coming to the Maiar DEX on Thursday December 16

The listing will happen in multiple steps, according to a special schedule designed to ensure a smooth process for everyone.

December 16:
๐Ÿ”น 08:00 UTC - Add liquidity EGLD/RIDE
๐Ÿ”น 09:30 UTC - MEX Farm withdraw penalty disabled
๐Ÿ”น 10:00 UTC - Stake LKMEX in the special LKMEX farm with RIDE rewards
๐Ÿ”น 13:30 UTC - Harvest disabled on all farms
๐Ÿ”ธ 14:00 UTC - Swaps are enabled for EGLD/RIDE
๐Ÿ”น 14:00 UTC - MEX rewards are enabled for EGLD/RIDE farm (harvest not yet enabled)
๐Ÿ”น 17:00 UTC - RIDE rewards are enabled for LKMEX farm (harvest not yet enabled)
๐Ÿ”ธ 19:00 UTC - Harvest is enabled on all farms, MEX Farm farm withdrawal penalty enabled

Metaverse-scale DeFi begins on the Maiar DEX.

Be there.

Retweet: https://twitter.com/ElrondNetwork/status/1470403779853905920
PoS Pioneers P2P Validator Joins Elrond Network As Staking Provider

P2P Validator is one of the earliest providers of blockchain infrastructure services. They have been active in the space since 2018 as a Cosmos validator and have since expanded to more than 25 networks, with $4.5+ Billion USD assets under management and 25,000 customers.

We are excited to announce that P2P Validator will henceforth contribute their vast experience with various PoS economies to run top notch infrastructure for Elrond validator nodes, as well as contribute insight, governance support and foster further ecosystem collaborations on the mid and long term.

โ€œThe Elrond mainnet launched a bit over 1 year ago, which means weโ€™re very early, and there is still a lot of work ahead of us to unlock the true potential of horizontal scaling to an internet-scale. Weโ€™re therefore happy to join forces with P2P Validator and leverage their experience and expertise to take things to the next level.โ€ said Lucian Mincu, Elrond Network CIO.

Read more: https://elrond.com/blog/elrond-staking-provider-p2p

Retweet: https://twitter.com/lucianmincu/status/1470770191353229318?s=20
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The Legacy Delegation cap has been lowered to further decentralization.

Delegations exceeding the new cap have been released from legacy staking.

Legacy Delegation only! if your delegation is currently unbonding:

๐Ÿ”นThis is a result of this decentralization action.
๐Ÿ”นYou will be able to claim your funds after December 24 14:30 UTC
๐Ÿ”นConsider staking them with any of our 100+ providers.

Thank you for supporting the decentralization of the Elrond ecosystem! ๐ŸŒŽ
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Enter the Metaverse.

Unparalleled possibilities.

December 16th, on the Maiar DEX.

Let the $RIDE begin.

https://maiar.exchange

RT: https://twitter.com/beniaminmincu/status/1471186861146189830?s=20
Today is a big day ๐Ÿ”ฅ

The Maiar DEX will perform several upgrades for the @holoride $RIDE listing.

1st Maiar DEX upgrade is done.

- EGLD/RIDE liquidity pool is open
- EGLD/RIDE farm is open
- MEX farm withdraw penalty set 0%

Next step in ~30-60 min.
https://maiar.exchange/

RT: https://twitter.com/beniaminmincu/status/1471423442977239041?s=20
2nd Maiar DEX upgrade is done. ๐Ÿ› ๏ธ

LKMEX farm w/ RIDE rewards is now open.
The RIDE rewards will be enabled at 5pm UTC.

Harvesting is disabled and will be resumed after 7pm UTC.

$EGLD/RIDE swaps will be enabled in ~2.5 hours.

Final prep for the RIDE listing. ๐ŸŒ“
https://twitter.com/beniaminmincu/status/1471452384169795586?s=20
Yesterday was an important moment.

Overwhelming demand. Hard lessons learned.

Smarter listing model, strategic thinking around market participants and slippage, performance improvements.

This is our focus.

Join us for the Elrond Townhall at 3PM UTC.

๐Ÿ“บ https://youtube.com/c/ElrondNetwork

RT: https://twitter.com/beniaminmincu/status/1471807599938920449?s=20
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