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1/ π₯ Metabonding π coming in at 35% APY! π
πBefore #xExchange, every $egld I had staking wasn't going to move anyways. Now I have locked ~50% of my portfolio 4 years & I'm earning more passive $EGLD now than EVER before. I've got data to prove it.π― 1st class?! π§΅
πBefore #xExchange, every $egld I had staking wasn't going to move anyways. Now I have locked ~50% of my portfolio 4 years & I'm earning more passive $EGLD now than EVER before. I've got data to prove it.π― 1st class?! π§΅
https://twitter.com/the_economystic/status/1648834200378937344
2/ To be clear π
My fully-charged $xMEX now accounts for only about 50% of my entire portfolio and by itself, it is producing MORE $EGLD than before at a time when I had 100% of my entire portfolio staked $EGLD.
My fully-charged $xMEX now accounts for only about 50% of my entire portfolio and by itself, it is producing MORE $EGLD than before at a time when I had 100% of my entire portfolio staked $EGLD.
3/ "but Stephen you're in the Tesla DEX league this isn't relatable to others"
^of course this would be an incorrect statement. It does not matter if you have $5 of $EGLD vs. $5 of $MEX. Every dollar put into $MEX is presently generating more $EGLD than staking $EGLD.
^of course this would be an incorrect statement. It does not matter if you have $5 of $EGLD vs. $5 of $MEX. Every dollar put into $MEX is presently generating more $EGLD than staking $EGLD.
4/ $EGLD has more value since cash is king, especially once Liquid Staking is live on @HatomProtocol. BUT for risk-averse investors with a long-term time frame who believe in @MultiversX and $MEX economics... who just want to "set it and forget it"... $xMEX could be for them! π
5/ I want to reiterate that $xMEX's primary function for now is boosting farm's and metastaking APR's for Liquidity Providers on @xExchangeApp. The more LP you have being boosted, the greater the inherent value of $xMEX for that user.
6/ $MEX is a unique asset within @MultiversX given its history as the token that bootstrapped @xExchangeApp...
Sadly xExchange launched Nov. 2021, basically incentivizing the world to buy the macro #crypto top, and to make matters worse, buy into a highly inflationary coin. :'((
Sadly xExchange launched Nov. 2021, basically incentivizing the world to buy the macro #crypto top, and to make matters worse, buy into a highly inflationary coin. :'((
7/ The 35% APR that $xMEX is generating is just ONE (1) leg of Energy value proposition.
ON TOP of 35% APR from metabonding, holders also generate revenue from trading fees, farm boosts and automatic emissions received.
$xMEX is only getting started π
ON TOP of 35% APR from metabonding, holders also generate revenue from trading fees, farm boosts and automatic emissions received.
$xMEX is only getting started π
https://twitter.com/the_economystic/status/1647690794135060480?s=20
8/ I get a lot of pushback (and even hate, accusations) for everything I share regarding $MEX, but for those that are paying attention to posts such as these, I can confirm that I will be looking to add more $MEX with future $LKMEX unlocks.
9/ The first year emissions will yield the greatest downside for $MEX, but once these heavy emissions have been digested by the market, I believe that the market will quickly reprice $MEX in relation to $EGLD.
10/ This^ era I speak of will likely be a time where #xMoney & #xLaunchpad (+others) have been released - perhaps this time will come in 2024+, but perhaps earlier. Despite opposing opinions, *I* believe this window of opportunity with $xMEX will not last so long. β Your move!
***fully-charged $xMEX
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