Community Trust ScoreVerified
Beniamin Mincu expressed: The Maiar DEX solution is now ready, and in review. 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.
First, the bug fix solution is ready, and there are 3 threads for validation and heavy testing: 1 – internal peer review for the solution 2 – external peer review for the solution 3 – empirical validation via 1 day Battle of Yields competition
Calling all Farmers: Battle of Yields begins today at 18:00 UTC All participating addresses that interact with the testnet exchange according to the instructions will share MEX rewards from a $15,000 USD prize pool.
We are pushing hard to get the Maiar DEX live as soon as testing is done. Given the current plan, pending testing and validation, the Maiar DEX will likely resume processing in the next 2 days.
With the new release, a new MEX economics reward boost will follow for the next 2 days. Once full functionality is restored, a new wave of DEX adoption and growth will begin.
In the interest of keeping user security and safety as highest priorities, all new Maiar DEX updates and launches will be recalibrated based on this new timeline. Thus, a new update will follow by the end of the week, with a revised timeline for the Holoride RIDE listing.
The Maiar DEX and DeFi farming will ultimately bring a very significant wave of new opportunities for the Elrond community. For most, this new wave is already here. But with every new wave of opportunities and growth, a new set of challenges arises as well.
While this subtle bug is heavily stress-testing us, we’re here, pushing forward. And the Maiar DEX will come 10x stronger out of it. This is how we level up. There is no way around the challenge. Only way to grow is by facing it, and coming alive and on top afterwards.
Community Reaction: I don’t know man. Changed tokenomics 2 days before launch, then launch gave me at least 30 failed tx, then update, then another 20 failed tx to re-stake, then shut down for days. Lots of beautiful words and blind trust from EGLD maxis. I’m very nervous about my money.
The connection from Maiar Wallet and the DEX is not good. Had to do various, and I mean various transactions after many failed. Not trusting much after how this has been handled and I can’t even see my funds. Not the best experience TBH.
What most of this people don’t understand is that we’re not here to create FUD, get likes or followers. I think it’s very positive to not sugar coat all the problems which will only turn away new investors if they don’t get fixed.
