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MultiversX Builders (previously Elrond Builders) Profile picture
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Mar 20 • 4 tweets • 5 min read
1/
 @JewelSwapX is a Peer-to-Pool #NFT lending protocol on @MultiversX built by @ElrondPunks & @combased_app

It empowers the @MultiversXNFT #community to participate in a Peer-to-pool Lending Liquidity Protocol by using #NFTs as collateral and borrowing up to 3 $EGLD/NFT🔥

🧵👇
2/
 @JewelSwapX participants consists of Lenders & Borrowers⚖️

The Lenders can get up to 237% APY atm w/ compounded rewards. The lock period is set to 21 days.

Claiming or compounding rewards is very intuitive via the #dApp dashboard from:
app.jewelswap.io/dashboard

👇
3/
 The Borrowers are the Holders of 15 top NFTs Collections and more to be added later:
app.jewelswap.io/collections

There are 3 borrow plans, w/ the lowest starting at only 0.5%, meaning you can borrow up to 3 $EGLD

Same intuitive Dashboard shows the previous & ongoing loans.

👇
4/
 Platform fee of only 1%, w/ a liquidation ratio of 50%.

The #DeFi @MultiversX is blooming with projects like @JewelSwapX & more to follow⚡️

We have added it to multiversxbuilders.com for you to rate it and read more about it at:
multiversxbuilders.com/projects/view/…

Ready for #DeFi ?🛠️

• • •

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More from @Elrond_Builders

MultiversX Builders (previously Elrond Builders) Profile picture
Mar 21
1/
 @SmartBazaar_ is a coding free tool for launching ESDT tokens and #SFTs on @MultiversX

A user-friendly launchpad for projects looking to easily create, manage, and sell their token w/o any coding skills required, with #smartcontracts ready to deploy from UI dashboard.

🧵👇 Image
2/
 Currently, contracts available to deploy are for ESDT and #SFT creation, but others will follow, such as staking, auction, airdrop or NFT creation.

There are also options to send ESDT/NFT/EGLD, purchase ESDT/SFT, vesting and claiming ESDT tokens.

smartbazaar.app

👇
3/
 The ESDT #smartcontract allows you to create, import, send and create a sale for your ESDT token.

Vesting and Sale is customizable and the #smartcontract can be updated, if needed.

Same for #SFT, plus support for multi-collections, sales & simplified built-in functions.

👇
Read 4 tweets
MultiversX Builders (previously Elrond Builders) Profile picture
Mar 19
1/
 Another week of building @MultiversX has come to an end. Great vibe after a weekend with three events and so many networking opportunities


…and a new product released: the #MultiversX Bridge 🌉


🧵👇
2/
 Let’s review the weekly #MultiversXtech:


…and the other major updates of this week.

‘Polaris fixes’ Mainnet upgrade


TownHall Meeting on March 20, 15:00 UTC

youtube.com/@MultiversXOff…

👇
3/
 Introducing the #MultiversX Global Outreach Tour


@xPortalApp Launch Championship participants received their Gritty Summit Chaser SFT


@UTRUST weekly recap


👇
Read 6 tweets
MultiversX Builders (previously Elrond Builders) Profile picture
Mar 16
1/
 @MultiversX Bridge is Live, with @BNBCHAIN already integrated and @0xPolygon to follow🔥


Why is this so important?
#Blockchain cross-bridges facilitate #MultiversX adoption, interoperability & more 🧵👇

multiversx.com/blog/multivers…
2/
 By using the @MultiversX <> @BNBCHAIN bridge and the others that will follow, one can access the ecosystem of #dApps & projects from the other #blockchain to interact with them and benefit from its advantages.

Increasing and diversifying the number of projects ...👇
3/
 ...from both #blockchains is a mutual benefit and a step towards general adoption.

Other advantages like access to liquidity and diversified assets such as $USDT, $BUSD & $USDT are also important to mention.

Important @MultiversX projects like @oferonetwork ...👇
Read 4 tweets
MultiversX Builders (previously Elrond Builders) Profile picture
Mar 14
1/
 @DX25Labs builds a decentralized trading platform on @MultiversX 🔥

Called "DX25", this advanced single-sided liquidity #DEX aims to solve the problem of #AMM / #CLMM liquidity provisioning, trade derivatives in a decentralised manner and enable cross-chain transfers.

🧵👇
2/
 DX25 is developed by @DX25Labs, part of @tacans_official, a Web3 venture builder founded by @larsseier & @mlnielsendk, leading a team of over 40 staff members with great experience in #DeFi.

They recently raised $750K Seed Funding for this project:
tacans.com/press-releases…
👇
3/
 DX25 uses the CLMM (Concentrated Liquidity Market Maker) model, meaning it allows its Liquidity Providers to save their funds from impermanent losses by distributing liquidity across the range/s in which it operates and brings commissions from transactions.

👇
Read 5 tweets
MultiversX Builders (previously Elrond Builders) Profile picture
Mar 13
1/
 Let's start a new week of spotlights with a great Resource created by @HatomProtocol for the @MultiversX #Community >> esdt.io

esdt.io is a website containing four main learning topics: Htokens, Liquid staking, HatomUSD & Syntetic Tokens

👇
2/
 On the Htokens page, one can learn about the principle of the Htokens, how #Lend2Mint works, the Collateralize to Borrow process & Redeem to Withdraw.

The Liquid staking page contains an example and utilities of the process, how to mint sEGLD by delegating $EGLD ...

👇
3/
 ...how to unstake and redeem $sEGLD and how to Leverage Liquid Staking using $xEGLD.

On the HatomUSD page, we have its definition with an example and utility, follow by how to mint $USH and how Repay to burn works for $USH.

The Synthetic Tokens page contains...

👇
Read 5 tweets
MultiversX Builders (previously Elrond Builders) Profile picture
Mar 12
1/
 The second week of March is over and despite the current situation with $USDC and #SVB, the @MultiversX space is vibrant and has a great vibe after The Bucharest Hackathon 🔥🛠️

Weekly #multiversxtech


🧵👇
2/
 @CoinDesk article about @xPortalApp


New @xPortalApp IOS release is approved & live


@MultiversX Core Team to support The Bucharest Hackathon



👇
3/
 AI-Powered HUMAN Protocol Goes Live on @MultiversX  


#MultiversX takes center stage at #PBW2023


The #MultiversX team heads over to @arts_dao to join Middle East's largest NFT community.

👇
Read 6 tweets

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