A highly scalable, fast and secure blockchain platform for distributed apps, enterprise use cases and the new internet economy. Website: https://multiversx.com Communities: https://linktr.ee/multiversx
Otherwise, it is the same money, same people, changing projects to ride the hype
Читать полностью…Mex is dead until egld gets back his rank 50 cmc
Читать полностью…Last week in MultiversX 🌏
💯 100K+ DAU nearly all of June
🎒 Blockchain education at the Ovidius University
📺 Full Shard Ep 9: xMoney’s story
⚙️ SpaceCraft v0.59.0 released
🚘 AI Nexus working with MANSORY
✨ Intros to Barnard (Robert Sasu \ Andrei Marinica)
🗺 Onchain: native vs non-native assets
🎙 Beniamin interview with CraigOPodcast
🎯 xPortal season 3
🛠 Weekly #multiversxtech
🙌 Ecosystem highlights: michavie_ • BoogasX • bnistordev
🌎 MultiversX
8.78M accounts • 533M transactions • 15M staked
📲 xPortal
2.5M+ users • 109K+ users stake $EGLD
⚡️ xExchange
$24 Million TVL • $4 Million USD 7d volume
RT: https://x.com/MultiversX/status/1942130410193846605
Hi, thanks for reaching out. Feel free to drop me a DM and and will analyze your proposal. All the best.
Читать полностью…By simply holding the USDTUSDCLP Meta-ESDT
token — which acts as the key to the position and proves ownership — the lender could gain full control over the staked assets, including the ability to claim rewards or unstake the underlying tokens.
This can be applied also for xMEX which is not transferable as the normal MEX, we issue a new token wrapping xMEX that is used in the protocol to borrow against it here we can most probably allow a LTV of only 20% since if we need to liquidate and instant unwrap xMEX to MEX we lose 80% as per the xexchange implementation, so in theory you can always use xMEX at a value of 20% equivalent in MEX (still better than nothing)
Читать полностью…We will be able to use LP tokens as collateral, but not the staked LP tokens, that complicates things since each token has another position and attributes.
There is other alternative where we wrap the staked LP tokens in a normal ESDT such as wEGLDMEXLPStakedLK thus we make kind of a DAO token where all stakers are aggregating their tokens and merged into one then we issue the wrapped token representing their ownership of the pool, then we list this new token as a normal token into the lending markets and borrow against it. The issue here is that the staked LP tokens have unbound time as far as i remember so is not as flexible for liquidations as a lending protocol needs so most probably the LTV of such tokens will be very low
Maybe some help is needed, since as far as I know, the Metaverse project has open-source code — and I’d be happy to contribute ! I really want to see this feature live as soon as possible.
After 5 years in software development, I’d love to finally build something that I’ll actually use myself.
I believe xoxno lending protocol will come with this feature
Читать полностью…Nothing available for the LP as far as I know. Although Jewelswap have implemented some things and may do more. Worth checking out to see what they offer now. You can find their relevant links here
https://x.com/JewelSwapX?t=XYfe2ZFpClQUtleCxFKsgQ&s=09
Xoxno will also be offering some lending/borrowing soon, not sure if they will be including to egld/Mex ,but worth checking out and asking all the same
You can send an email to
contact@multiversx.com
Also try and restart your phone and switch to data instead of wifi and vice versa
If you still have issues please report here, haven't seen any other reports
/channel/xPortalApp
In xportal I assume? You have the latest update for it ?
Читать полностью…For mex to grow, it needs new liquidity coming to xexchange
Читать полностью…May i ask admin, what is your plan for $mex hoping you have a big plan for $mex
Some of your og community stake mex since day 1 but when the price deep dive -99.9% their trust have gradually faded.
Hi all, Exodus are withdrawing support for EGLD. They have one of the biggest userbase. Does anyone know why? I also see this a step back, especially if others follow suit
Читать полностью…Hey there! I’m the AMA Coordinator at Crypto Clash — the #1 Binance Live streamer and a leading force in crypto marketing. We help projects gain massive exposure through high-impact AMAs, strategic partnerships, and multi-platform promotions.
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In this case, liquidity providers would be able to borrow up to 70% of the value of their Meta tokens, and use that borrowed amount elsewhere — either within the Metaverse ecosystem or in external platforms.
Example (JEX Pool):
USH: $6,101
USDC: $2,055
USDT: $2,010
Total Pool Value: ~$10,166
Based on this, lenders could potentially unlock an additional ~$7,100 in liquidity by borrowing against the staked position (USH-USDC-USDT Meta-ESDT
).
We could allow the transfer of ownership of Meta tokens instead of relying on traditional liquidation mechanisms.
The idea is that the lender gains control over the Meta tokens, allowing them to unstake the staked assets if the borrower defaults, rather than going through a liquidation process.
Example:
Person A provides liquidity on JEX for a pool like USDT/USDC.
In return, they receive a token such as USDTUSDCLP Meta-ESDT
, which represents their staked position — essentially:USDTUSDCLP Meta-ESDT = amount(USDT) + amount(USDC)
.
Now, Person A wants to borrow 70% of the total value of that position.
If they fail to repay the loan, ownership of the Meta token would transfer to a manager contract or directly to the lender who provided the funds.
After gaining ownership, the lender would be able to:
Claim rewards generated by the staked position, or (which could be even more valuable over time, especially if the assets remain staked),
Unstake and withdraw the underlying assets.
I’m aware this approach may introduce some security considerations.
In fact anyone can build this specific DAO of staked LP tokens and issue the new wrapped token then if is open and secure it can become a market into xoxno lending.
Читать полностью…So for now, let’s wait for @mihaieremia’s confirmation and see what the next steps might be.
Читать полностью…The idea isn't related to a specific pair like EGLD/MEX — it's about enabling borrowing against any Meta-ESDT tokens.
Читать полностью…Hello everyone! 😊
I've been searching to see if it's possible to borrow against my EGLDMEXLPStakedLK Meta-ESDT, but I couldn’t find much information. If anyone knows anything about this, I’d really appreciate your input!
If this feature isn’t available yet, I’d also love to know if there are any plans to implement it. And if no one has started working on it, I’d be curious to hear your thoughts — maybe I’ll apply for a grant from the Metaverse team and we can build it together! 🚀
Thanks in advance! 🙏
Hey guys, Mavis here from NodeOps. We're looking to explore potential partnerships. Who would best to touch base with?
Читать полностью…Please do not contact me privately, those named Beni and Lucian.😂
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