Elrond Network Introduced Maiar Exchange

Maiar Exchange allows users to swap assets instantly, globally, inexpensively, and automatically. It will be integrated into the Maiar app, offering a simple and intuitive interface that is accessible to everyone

Maiar has its own token $MEX with a fair launch, 100% distributed and owned by the community and by holding $eGLD, users are being able to claim MEX token

The liquidity mining program begins with the launch of the Maiar Exchange and will cover the following pools:

EGLD/MEX

EGLD/BUSD

MEX/BUSD

Staking pool for EGLD LP providers

Staking pool for MEX LP providers

The first snapshot for EGLD will begin on Monday, the 19th of April. The snapshots for the first 4 weeks will each have 5x, 4x, 3x and 2x weight compared to all the other weekly snapshots

Maiar Exchange will go live on 30th April 2021 tentatively

ABOUT Elrond Network

Elrond Network is a highly scalable, fast and secure blockchain platform for distributed apps, enterprise use cases and the new internet economy.

ABOUT Maiar Exchange

Maiar Exchange is the ultimate automated market maker, rearchitecting some of the key elements to build a product that can leverage the entire performance of the Elrond architecture, to offer global, near-instant, inexpensive transactions between an expanding suite of assets.