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Beniamin Mincu on Historical moment for Elrond DeFi (EGLD)

Beniamin Mincu on Historical moment for Elrond DeFi (EGLD)

Community Trust ScoreVerified

95%
Real
Verified21 votes
Updated 5 years ago

Beniamin Mincu expressed:  The Maiar Exchange is ready. How fast will the TVL grow? How large will it become? We’re about to discover. New records.

People from all over the world can now use their Locked MEX tokens to add EGLD/MEX liquidity, or stake them in the farm. Note that swaps are disabled until the 19th. You can follow this guide for the precise steps required to add EGLD/LKMEX liquidity.

The liquidity incentive program coming live on the 19th is unparalleled in the space. If you’re part of the Elrond ecosystem, take a close look at the Maiar DEX. Make sure you are part of it. It will change everything.

This epic milestone has been achieved with insane efforts from the team and community. On Thursday the next milestone awaits. Initiate Liquidity Superwave.

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Community Response:  How much EGLD did you have to add? 0.00063 times the amount of EGLD.

Already $18M TVL and growing at an insane speed. I have already staked my LKMEX and everything was very smooth. The UX at its finest. Congratulations to the team for all the hard work. Let’s go EGLD.

Do I have to add equal amount of EGLD for example I have 6.35 Million MEX already? For 6 mil you need about 3-4 Egold. It’s calculated on the Maiar exchange automatically.

I am disappointed with the Launchpad allocation system; everyone should get a chance instead of whales. This system will mostly benefits whales rather than retailers.

How you can say that the whales benefits from the tickets when someone with 100.000 EGLD are entitled to 15 tickets and someone with 100 EGLD with 12 tickets.

We’ve had “Wen MEX?” now let’s move on to “Wen Marketplace?

Any idea how I can verify that I checked the “1 year” lock after I staked? If you “stake” it in farm and is says that you receive “Locked MEX earned” you did it right.

How long does it normally take to receive the LP tokens after adding liquidity and signing transactions? Want to start staking but nothing showing up in my liquidity yet? Should be straight away.

Did he actually go through and take your EGLD for the liquidity? Someone else I spoke to had that where they thought it went through but hadn’t.

I have signed transactions on MAIAR etc. but still have the same amount of EGLD available , not sure.

Looks like it. I just disconnected at both ends. DEX/wallet. Then reconnected and made sure I clicked the Maiar notification when switch to sign off transaction if that makes sense.

 

 

 

 

 

Community Trust IndexHigh Confidence
95%
Real
Real95%5%Fake
21 community signals

James Thorp

James Thorp is a passionate crypto journalist from South Africa specializing in Litecoin, Dash, and emerging digital assets. With years of experience covering the crypto markets, James delivers in-depth analysis and breaking news on altcoins, blockchain adoption, and decentralized payment networks for The Currency Analytics.

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