xExchange Announcements
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The official announcement channel for the xExchange. https://xExchange.com
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🚜 Battle of Yields: Bridges - Phase 1: Battle of Faucets continues until 1,000 limit is reached. Phase 2: bridge transfers will happen tomorrow March 10.
⏳ We're right now at 800/1000 claims from the faucet. Once we reach 1,000 the faucet button will be removed and Phase 1 will be complete.
📅 Phase 2 will begin tomorrow, March 10, and will involve actually moving funds between the Ethereum and Elrond testnets.
👌 Thanks to your efforts, a lot of improvements have been identified. We will take tonight to implement them, so Phase 2 is smooth tomorrow.
Hurry if you are yet to claim funds from the faucet and see you for Phase 2 tomorrow.
💡 Only people who successfully claim in Phase 1 can join Phase 2 tomorrow.
Original announcement: https://t.me/MaiarExchangeAnn/170
🌐 Testnet Bridge | Bridge Testnet Faucet | Testnet Explorer | Testnet Web Wallet | Maiar DeFi Wallet
🚜 Battle of Yields: Bridges - $5,000 USD to be won, test the Elrond <> Ethereum bridge
The New Elrond <> Ethereum bridge is almost here. We will test it by getting funds on the Ropsten Ethereum testnet, bridging them to the Elrond public testnet, and then bridging them back!
🚿 Phase 1: claim funds from the faucet.
• Get the Metamask browser extension from your browser's store
• Go to https://testnet-bridge.elrond.com
• Click on "Faucet" (bottom right)
• Connect to your Ropsten Ethereum testnet account with Metamask
• Connect to your Elrond testnet account with Maiar DeFi Wallet, Maiar App, Ledger or Web Wallet
• Complete the Captcha
💡 You can request 0.1 rETH, 10000 USDC, 1 EGLD every 24 hours. rETH & USDC will be delivered to your Metamask Ethereum address, EGLD to your Elrond address.
• Import this USDC ERC20 token contract into Metamask:
0xb4d274BC44cE076E49a412Cad13c128fBe64547A❔ New to Metamask? FAQs here. 2️⃣ Phase 2 will be moving funds between networks, and will be announced in 1 hour. You can already start if you want, but it's best to wait for the instructions. 💰 The $EGLD rewards for participants will be delivered to the Elrond addresses used in the bridging process, on the mainnet. 📸 Sponsors for today's event: United Group. We thank our Staking Provider partners. 🌐 Testnet Bridge | Bridge Testnet Faucet | Testnet Explorer | Testnet Web Wallet | Maiar DeFi Wallet
Did you know that there is a 🔢 button next to each farm which shows the current APR (Base APR + Fees Rewards) and APY (compounded rewards by reinvesting once per day)?
• Base APR = rewards resulting from MEX issuance
• Fees Rewards = LP fees coming from swaps
RT: https://twitter.com/MaiarExchange/status/1500776297726947332?s=20&t=GnQIkXQoq6UndiAZnwzlIw
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The Weekly Maiar DEX Report Is Here
💹 Metastaking Phase 1: $RIDE staking is LIVE
🚜 Battle of Yields: "Ready for Spring" completed successfully.
https://maiar.exchange
RT: https://twitter.com/MaiarExchange/status/1499732831467098123?s=20&
The Maiar DEX scheduled maintenance has been completed successfully
All Farms have been upgraded and operations have resumed as normal.
RT: https://twitter.com/MaiarExchange/status/1499375553824100352?s=20&t=SaNVNOpcOb5DGFoFImjNNA
The Maiar DEX scheduled maintenance has begun
Farms now display "Under Maintenance", as intended.
⏱ Maintenance window: 12:00 - 14:00 UTC.
✅ Rewards will continue uninterrupted. Funds safe.
RT: https://twitter.com/MaiarExchange/status/1499361029092003847
The Maiar DEX will undergo scheduled maintenance on Thursday March 03 (tomorrow) between 12:00 - 14:00 UTC
The maintenance will focus on the Farms and their underlying smart contracts, which need to be adapted to accommodate the new features brought by the ongoing Elrond Network mainnet upgrade.
During this time, Farms will display an “Under Maintenance” message, while all other DEX functionality such as swaps, liquidity providing and RIDE staking will continue as normal.
📅 Maintenance window: March 03, 12:00 - 14:00 UTC
✅ Rewards will continue uninterrupted. Funds safe.
RT: https://twitter.com/MaiarExchange/status/1499090555237711873
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💡Answers to recent questions we've been receiving
Here are some of the most common questions we’ve seen throughout our community channels recently that we thought it would be great to answer them in this format.
RT: https://twitter.com/MaiarExchange/status/1499028091468980231?s=20&t=GqQPms6ULSzPGtYmxcynPg
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Automated Market Maker Algorithm 🧵
Maiar Exchange is a decentralized exchange - a peer to SC protocol - that uses an Automated Market Maker algorithm.
You’ve most likely heard of these definitions, but what does it really mean to trade or take an LP position?
Twitter thread: https://twitter.com/MaiarExchange/status/1498636706152689667?s=20&t=gC33XbSsNe7rKNRMyD4SZg
🚜 Battle of Yields: "Ready for Spring" rewards distribution complete
2403 farmers were available on short notice to help us test the new RIDE staking. They all received 0.015 EGLD on the mainnet, in the same address they used to interact with the Devnet Maiar DEX during the event.
Sponsors for the event: Disruptive Digital, Rosetta Staking, Staking Agency, Parasco Staking, MG Staking, The Palmtree Network, Staking Agency. We thank our Staking Provider partners.
RT: https://twitter.com/MaiarExchange/status/1498300776434880515?s=20&t=C1rZyqDk8dAKzH_tanASZQ
🌐 Maiar DEX | USDC Bridge | Docs | Maiar App | Maiar DeFi Wallet (extension) | Testnet DEX
The first 24h of $RIDE staking in numbers:
🔹 TVL: 33,719,387 RIDE (38,411,143 USD)
🔹 15,000+ staking positions have been opened
🔹 There are over 64,000 unique RIDE and sRIDE holders
Stake $RIDE now and earn up to 25% APR
👉 https://maiar.exchange/staking
RT: https://twitter.com/MaiarExchange/status/1498285674109313025
💹 Metastaking Phase 1: RIDE rewards have been enabled for RIDE staking
RIDE rewards for the new RIDE staking product have been enabled. You can now earn up to 25% APR by staking RIDE, more if you compound using the “Reinvest” feature 💡
21,750,000 RIDE tokens will be distributed over the next 12 months.
Stake here: https://maiar.exchange/staking
Retweet: https://twitter.com/MaiarExchange/status/1497995188525928449
Repost from MultiversX - Announcements
Metastaking Phase 1: RIDE staking is LIVE on the Maiar Exchange
The first staking product on the Maiar Exchange is live!
You can now stake RIDE tokens and earn RIDE rewards with up to 25% APR.
Deposits open, rewards start at 18:00 UTC.
http://maiar.exchange/staking
Read all about it: https://elrond.com/blog/maiar-exchange-token-staking-holoride/
The @ElrondNetwork community was again at its finest today.
The flash Battle of Yields event to test $RIDE staking was successful.
Phase 1 of Metastaking (RIDE only staking) begins tomorrow. Major milestone for holoride and Elrond DeFi.
RT: https://twitter.com/beniaminmincu/status/1497657239737450505?s=20&
🚜. Battle of Yields: Ready for Spring - completed successfully
Great work, everyone!
If you are still on an unbonding timer, you have 2 more hours from now (until 21:00 UTC) to complete and be eligible for a reward.
RIDE staking seems ready for the mainnet. Likely tomorrow 🤩
Stay tuned!
🌐 Maiar DEX | USDC Bridge | Docs | Maiar App | Maiar DeFi Wallet (extension) | Testnet DEX
🚜 Battle of Yields: Ready for Spring - $5,000 USD to be won!
RIDE staking is ready for testing!
Please do:
• Get xEGLD from the Devnet Wallet faucet (skip if already done)
https://devnet-wallet.elrond.com
• Go to the DEVNET Maiar DEX platform:
https://devnet.maiar.exchange
• Buy RIDE with 9.5 EGLD (save 0.5 EGLD for fees, etc)
• Stake 25% RIDE
• Stake 50% RIDE
• Stake 100% RIDE
Wait a few minutes for some rewards to accumulate
• Use the “Reinvest” button to reinvest RIDE rewards
• Harvest RIDE rewards using the Harvest All (top button)
• Harvest RIDE rewards using the “Harvest” button “inside” the farm
• Unstake 33% of RIDE
• Unstake 50% of RIDE
• Unstake 100% of RIDE
• Unbond (you will have to wait 1-2 hours)
🛠 Please posts comments, feedback and error reports as a reply to this message.
⏱ Participants who complete all the above tasks by Saturday 26 February (today) 18:00 UTC will be eligible for rewards.
💰 Rewards will be delivered on the Mainnet, to the same address you use for testing on the Devnet.
Sponsors for today's event: Disruptive Digital, Rosetta Staking, Staking Agency. We thank our Staking Provider partners.
🌐 Devnet Maiar Exchange | Devnet Explorer | Devnet Wallet
🚜 Battle of Yields: Ready for Spring
We are ready to test the first ESDT staking farm on the Maiar Exchange.
The process is simple: stake tokens to get rewards in the same token. Reinvest function available for compounding. 💡
Today we will test RIDE staking.
👉 Please do:
• get xEGLD on the DEVNET from the faucet on the lefthand side.
https://devnet-wallet.elrond.com
• Await further instructions
The Devnet Maiar DEX is not yet accessible, it is still under preparation.
⏱ Estimated time of start: Saturday 26 February (today) 14:30 UTC
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Watch the next Maiar DEX listing live on Erebor, the toolkit providing valuable insight into Elrond Network DeFi products 💹
The hardworking team behind the project brings constant updates & has an impressive roadmap.
Check out the Erebor Toolkit:
🌐 https://erebor.tools/
RT: https://twitter.com/maiarexchange/status/1497221762748137528?s=21
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⚡️ The Weekly Maiar DEX Report Is Here
✅ Migration to the new Farm Smart Contracts has been successful and will bring enhanced efficiency & performance.
📊 Issuance rate change and rebalancing have been finalized.
👉 maiar.exchange
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🌪 Isengard joins Metabonding
Metabonding is the Web3 community catalyst for projects building on the Elrond Network.
We are thrilled to announce Isengard, a gateway for exploring the $EGLD NFT universe, as the next project to join the community accelerator program.
Their NFT Marketplace has been live since December 2021, pioneering the path for internet-scale creativity. It offers users a simple and convenient way to buy, sell, auction & mint NFTs on the Elrond mainnet.
Join their passionate community and discover how the Isengard DAO plans to empower artists via true ownership and decentralization:
🌐 https://isengardmarket.io/home
RT: https://twitter.com/MaiarExchange/status/1496849170610593793
