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Nov 23 • 10 tweets • 7 min read
xExchange will introduce foundational changes to the #MultiversX DeFi landscape.

The amount of interest, high-quality conversations and the level of engagement on MEX 2.0 have been nothing short of amazing.

Here’s a rundown of the most insightful materials we came across💡👇
2/ @OvidiuArion breaks down how the new LKMEX v2 energy model works, expected APRs and describes all the benefits in a detailed and insightful thread:

3/ Even though it is quite far from an explanation to a 5-yr old, and closer to an explanation to a 25-yr old (holding degrees in both physics and economics), @xFoudres’ deep dive into xExchange and MEX 2.0 is a must-read:

4/ @Opium_Off offers an excellent summary of the most significant changes coming to xExchange and LKMEX in a highly digestible way:

5/ @the_economystic went all the way back to Satoshi's vision & Maiar DEX’s early-stages to create the perfect understanding context for the MEX 2.0 upgrade:

6/ Perhaps the most comprehensive view of what a DEX is, how it works and the changes MEX 2.0 brings to the table belongs to @AndreiMX_, who best translated these complex concepts in layman’s terms:

7/ Aside from the winning threads, there were quite a few others worth mentioning:

• @ElrondWarriors -
• @EGLD_Community -
• @arcstake - .
8/ Still haven't decided on a strategy? Dive into the following:


kavarii.com/play/HOTTAKES-… .
9/ Or if you prefer video format, consider the following materials:

🇫🇷 -
🇷🇴 -
🇬🇧 - kavarii.com/play/HOTTAKES-…
🇬🇧 - .
10/ The five winners of the #ExploreMEX2 contest have each won 12M LKMEX.

Congrats! We will contact you soon to discuss further details.

Don’t forget to set a reminder for the upcoming Twitter Spaces ⏳

twitter.com/i/spaces/1Yqxo…

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More from @MaiarExchange

Maiar DEX Profile picture
Jul 13
Some say DeFi is the combination of what you don't understand about finance with what you don't understand about computers.

Don't fret! The next bit of useful knowledge is one link away 🧵
1/ @HatomProtocol has an excellent introduction to DeFi overall:

blog.hatom.com/defi-101-decen…
2/ @ash_swap tackles one of the essential DeFi notions - Liquidity Pools - in their 101 Series:

medium.com/ashswap/liquid…
Read 5 tweets
Maiar DEX Profile picture
May 30
The ever expanding @ElrondNetwork DeFi & Staking opportunities can become overwhelming and the best plays might be hard to find and keep track of.

Here's a 🧵 of tools that can help you up your DeFi game.
2/ arda.run

The Arda products complement the Maiar DEX, simplifying complex operations and enabling one-click single or LP token swaps and compounding. Among their products, there is also a board through which they facilitate ESDT or LP tracking & managing.
3/ e-compass.io

E-compass is a monitoring and alerting platform that offers in-depth project and comparative charts, an ESDT map to compare the performance of Elrond tokens, and an easy-to-navigate dashboard with price evolution summaries.
Read 7 tweets
Maiar DEX Profile picture
Apr 7
The new price discovery mechanism has been introduced to boost new token economies launching on the Maiar DEX and give them room to develop alongside its long-term supporters.

It will do so by solving 2 major problems inherent to new token listings: volatility & speculation.🧵👇 Image
An initial token listing on an exchange is a crucial moment in the lifecycle of any project. It is highly anticipated by the community & team, but also by speculators aiming for the opportunity of being the first to buy at a good price & immediately sell at a higher price.

1/9
This results in a pretty standard pattern for tokens listing on the Maiar DEX, and other exchanges: it starts with a sharp upside trend, followed by a sharp downside trend, and then moderate up & down action until the price finally settles.

2/9 Image
Read 10 tweets
Maiar DEX Profile picture
Mar 31
The @ElrondNetwork DeFi ecosystem has been growing with value being driven both by “regular” ESDT tokens, as well as NFTs.

It can get difficult to track your account’s value, but luckily there are tools for that 🧵
1/ The Maiar DEX enables you to see your account's holdings at a glance by accessing the My Account feature.

maiar.exchange
2/ Battle of Yields winner @arda_project can denominate your account's total work in $EGLD, USD and EUR. If you're missing yours, they just asked the community which other currencies to add.

arda.run/board
Read 7 tweets
Maiar DEX Profile picture
Mar 1
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? 🧵

maiar.exchange
2/ Being based on the very simple equation x∗y=k, Maiar DEX spreads the liquidity of the pools evenly across the curve of prices from 0 to ∞

In effect, it removes the need for an orderbook and is able to guarantee liquidity for any trade size.
3/ The initial price in a pool is determined by the ratio between the two tokens of the initial liquidity deposit. From there, every swap performed increases the supply of one of the tokens and decreases the other, thus changing the price.

Read 7 tweets
Maiar DEX Profile picture
Jan 28
The Maiar DEX has been designed as the economic engine of the $EGLD ecosystem. Built as a set of powerful DeFi primitives and deployed on top of internet-scale blockchain technology, it will unlock a new era of growth for the digital economy.

At its core: the $MEX token. A 🧵 Image
2/8 $MEX is essential to all the Maiar Exchange processes and therefore is the principal value capture mechanism of the internet-scale DEX.

As $MEX is purchased and burnt for every swap or early farm movement (penalty), its value scales with adoption.

docs.maiar.exchange/maiar-exchange…
3/8 0.05% of every swap is used to purchase MEX and burn it. 3.22B MEX has been burnt this way so far.

The same is true for 1% of every early farm withdrawal. 18.84B MEX worth of farm penalties has been burnt so far.

Read 8 tweets

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