Perhaps the most important aspect here is the fundamental underlying infrastructure, being deployed on a true state-sharded architecture and operating through the fastest Virtual Machine in space.

Henceforth gaining all the defining properties of an internet economy. Fast, secure, scalable, decentralized, and of utmost necessity for a core building block.

That alone was a significant milestone for the entire industry and a true fire of creation for other essential DeFi primitives layered on top of the newly created market opportunities. And ultimately setting the foundation for what’s to come.

Maiar DEX evolves into xExchange

Art and science at the same time, creating new DEX economic models around their respective native tokens presently opens a significant challenge.

There is a clear misalignment between the growth trajectory of all these decentralized exchanges and the value capture mechanisms of their native tokens.

This may be the most significant open problem plaguing the entire DeFi ecosystem, and threatening its long-term sustainability, and even survival.

With the introduction of xExchange, we present a new economic structure and foundation that intends to solve this ecosystem-wide problem in a compelling way.

Maiar xExchange Overview

xExchange (Maiar DEX 2.0) presents a set of significant improvements and benefits while correcting the most important limitations residing in the previous economics model.

Here is a summary of the key insights xExchange brings:

• The total supply will be capped. The proposed emissions, amenable via governance in 5 years, will decrease year by year and will be zero in 8 years. This will immediately make MEX 3 times less inflationary than in Maiar DEX 1.0.
• LKMEX v2 introduces the powerful concept of energy, which builds on the v1 “time lock” concept to increment utility. In xExchange, users will enjoy many new benefits simultaneously. Boosted APRs in Farms and Metastaking, 100% Metabonding rewards, staking rewards received automatically, direct access to preferential xLaunchpad tiers. Governance Power, 50% of energy removal fees and 0.10% from all swaps.
• LKMEX v2 will be a game changer by shifting from a paradigm prioritizing quantity to a paradigm prioritizing quality: 100 LKMEX with 0 energy has no utility and no power, while 1 LKMEX with 100 days of energy has more utility and more power.
• Users who convert all their LKMEX v1 to LKMEX v2 will earn between 2x and 10x more Metabonding rewards during the first 3 months and earn an NFT that can be exchanged with a guaranteed launchpad ticket.
• LKMEX v2 will bring a robust and reinforcing value accrual mechanism by which even exits from the energy paradigm benefit long-term contributors and holders: when users remove energy from their LKMEX, up to 80% of the whole amount is redistributed to long-term contributors and holders.
• LKMEX’s core principle will be protected by being non-transferable in general. Except in trusted setups like xExchange services and protocols whitelisted by governance or between two wallets.

Complementary to LKMEX, the new MEX will be the key entry point for the entire exchange ecosystem. Serving as both a payment token and access token, bringing recurring demand from projects. Users who want to interact with and access the benefits brought by the exchange.

Some of the specific benefits:

• Fully transferable on xExchange (and other exchanges as well)
• Buyable with on-ramp solutions (Moonpay, Transak, Ramp, etc)
• Usable for payments in xPortal SuperApp, xSpotlight NFT marketplaces, xMoney platform, and soon other places within the community
• Top-up cards, maximizing utility for the users
• Usable as liquidity in xExchange pools to earn trading fees and farm rewards
• The entry point to all xExchange energy-based utilities/applications. It also brings a generous bonus pack for those who convert MEX to LKMEX (more details prior to launch). So first-time users and existing users bringing more new energy into the system are rewarded

ABOUT Maiar Exchange

Maiar Exchange is DEX AMM running on the Elrond Network. It is built by the same team that has built the Elrond blockchain. You could call it the “official” DEX. There can be any number of DEX-es built on Elrond. The team wanted to build the first one because it is special.

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RESOURCES

Elrond Network

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Leading Canadian Blockchain Figment Is Now Offering Non-Custodial EGLD Delegation Services

Elrond is excited to announce that Figment now offers Non-Custodial EGLD Delegation Services, their well-established validator experience on Proof-of-Stake protocols to offer highly reliable & secure staking services within the Elrond Network.

Figment is a Canadian-based blockchain infrastructure provider that has an industry-leading role in developing next-gen products and services designed to remove the complexities, making it simple to use and build on top of blockchain networks, with a strong focus on PoS protocols.

Figment recently deployed staking pool already has 22 validator nodes, make sure to check them out here https://explorer.elrond.com/identities/figmentnetworks

“As the Elrond ecosystem continues to expand, we are seeing a growing demand for top-notch infrastructure solutions and Figment is leading the charge with their impressive experience in the field. We are happy to see such professional blockchain infrastructure operators leverage their unique capabilities to power the ecosystem and drive it forward.“ said Lucian Mincu, Elrond Network CIO

About Elrond

Elrond is the internet-scale blockchain, designed from scratch to bring a 1000-fold cumulative improvement in throughput and execution speed. To achieve this, Elrond introduces two key innovations. A novel Adaptive State Sharding mechanism, and a Secure Proof of Stake (PoS) algorithm. Enabling linear scalability with a fast, efficient, and secure consensus mechanism. Thus, Elrond can process upwards of 15,000 transactions per second (TPS), with 6-second latency, and negligible cost, attempting to become the backbone of a permissionless, borderless, globally accessible internet economy.

Website | Twitter 

About Figment

Figment are one of the world’s leading providers of blockchain infrastructure. At Figment, their mission is to support the adoption, growth and long term success of Web 3. This is Figment’s unique approach: making it simple to build on the next generation of blockchain technology.

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SOURCE

https://elrond.com/blog/elrond-staking-provider-figment/

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Krogan is a unique blockchain game. They place themselves between Gamers and Crypto Enthusiasts, by leveraging two major industries nowadays Blockchain and Gaming.

Powered by DeFi and NFTs, Krogan will be one of the biggest metaverses on the Elrond blockchain, giving players opportunities to own, trade, or exchange NFT items between them and also earn Krogan Tokens while playing. No less than 50% of the total supply will be granted as rewards to players.

Krogan is building a complex metaverse economy on the Elrond blockchain with attention to detail and lots of opportunities to invest and make a profit, and of course to have fun! Its main focus is to create a rewarding system that will not result in high inflation for its token.

HOW TO EARN PASSIVE INCOME WITH KROGAN

KRO is a community-owned token and the official token used in the game. With KRO, players will be able to claim rewards if they engage in battles, complete in-game quests, stake their tokens, or participate in Faction DAO voting.

Additionally, earn KRO tokens through analyzing demand in the Kroganverse by:

• creating companies and selling items to other players
• mining for resources and selling them to other players

Token utility

• Staking KRO: Stake your earned KRO to earn even more. In addition, this will allow you to participate in the governance of factions.
• In-Game Currency: Players are able to use KRO to trade and upgrade items. Factions can use KRO to expand their territory, increase defenses, and research new technologies.
• Play to Earn: Earning rewards for in-game actions. The game will feature various quests to earn KRO. Additional ways of earning will be available through mining and trading.
• Staking NFTs: Krogan Marketplace is the first marketplace that shares its profits with the community. Holding 3+ spaceship NFTs will make you a shareholder and earn 30% of all the revenue generated.
• The more NFTs you will stake, the bigger the share. This can become a significant passive income for members, as the marketplace will be open for other projects as well.

Token Economy

The KRO token facilitates a complex economy. The more it circulates the more benefits brings to the community.

Krogan Launchpad

Launchpad was built with one thought in mind — releasing KRO token by giving full priority to our NFT holders with almost 90% of the supply being acquired during the private sale.

Why choose Krogan Launchpad?

Krogan tools are built with quality in mind, well tested by the team and its community, creating smooth experiences for users. The pre-sale configurations are well thought out and proven to give great success to most projects.

Platform Features

Mining for resources, building companies, becoming a faction leader, and interstellar battles, are only a few of the platform features we are working hard to develop. The game is fully develop on the blockchain, giving full transparency and confidence in the system. Using high-quality pixel art, the game will have a pleasingly retro feel combined with futuristic views of the interstellar civilizations.

TO GET MORE UPDATES ABOUT KROGAN FOLLOW THEIR OFFICIAL SOCIAL MEDIA PLATFORMS

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