Reddit Posts
Can you stake and play with your gaming characters?
Your opinion about eGold in 24 months
How to earn 150% APR in EGLD on Maiar Exchange! Step by step guide
Mex pay, an electronic payment method, MEX digital uses to affect payment percentage.
Does anyone have any high APY farming projects that they would recommend?
Portfolio discussions, what are you staking or Yield farming?
This subreddit needs more Staking % and yield farming APY/APR % posts and whats good short term, whats good long term etc. Thoughts? My Portfolio at glance in text.
$15,000 USD in MEX to be won! Just Explore the Maiar Exchange Testnet
My Maiar experience Update after 7 days farming
My Maiar experience after 7 days of staking
My experience on Maiar Dex after 7 days staking
Mentions
The MEX farming took its toll on him.
How many coins has SOL launched? MEX is their DEX coin the rest are other projects. Plus it’s one of the most decentralised projects out there with 3200 nodes. You win today’s prize of crypto special needs club.
How many coins has that team launched now? EGLD, remember MEX? Remember Utrust? They were excited about that last year, haven't heard much from it since. Didn't they have one called ZoidPay or something too? All of these tokens were from the Elrond team and basically forgotten. It's a 100% centralized Binance scam. GTFO
My bets are on Maiar’s native token, MEX. If it gets to its ath of $0.001 from today, that’s a 125x. The dev team are very dynamic, their bread and butter work is on EGLD, I think / wish / hope they will be doing well in the next bull run 12 to 20 months from now. I got quite a few of them as Locked MEX until September 2026, BUT, in all honesty, if OP didn't raise it I wouldn't even thought of buying $200 worth of MEX now, cheap af. Thanks a mil bud, I'm heading straight there!!! No, I'm not affiliated with them in any way, they've been recommended to me by a nephew - working in banking btw - and COINCIDENTALLY their HQ is in my birth town in EU
Bot trading almost finished me last year, no way I’m choosing it over hodling, especially at these prices when I can DCA some more AR, VPP, CYMI, MEX and EGLD. Imagine holding a tonne of these till the bull returns.
Substratum and MEX and Wabii and not selling then and not buying that and beyond. Sums it up
I'm scooping up MultiversX (EGLD) and the DEX token MEX, at this super cheap prices; Every month half of my DCA goes to ETH and the other half to EGLD
I made a few bucks today trading on MEX. I always ship profit out and keep a about $100 to trade with.
Good for you for wanting to get into crypto so young- That’s great ! Depending where you live, you might be able to use some non-KYC exchanges. Try these: MEX CoinEx dYdX Bybit PrimeXBT Bisq HODL HODL Uniswap Pancakeswap Simpleswap Apart from that maybe you can find a bitcoin ATM in a city where you live to make small buys. Good luck!
Onedex and MEX, because I like the EGLD ecosystem
Alts? Great, here we go I'm in: Algo, EGLD, IMX, GODS, 1FLR, MEX, SWEAT and One (from onedex)
when was it listed on MEX? Is it pumping because of the TOS change or due to listing on a CEX. I was kind of bearish on moons for a while because it looked like they were keen on ruining their platform
MEX Exchange already lists MOONS!
Time to gamble on MEX, they even accept moons!
Idk how is it on MEX or sushiswap, but kuyumcu has horrible spread with nano tbh.
I started using MEX , easy to use NO need ID
PPl say MEX is cheaper than orbiter but I have ALWAYS used orbiter and it qualified me for the arbitrum airdrop!
>The USD is more useful to you because it is has a lower half-life and retains its economic energy better than MEX. You can know this is true because you choose to keep it and get rid of the less useful currency. >Therefore we can know that the utility of money does not come from spending it. I like it, but your thought experiment is really just explaining Gresham's Law. It skips the part where the USD is obtained in the first place, which would require the USD to be divisible, portable, fungible etc. But I agree that this is the path Bitcoin will take and that it can and will succeed without ever being used as a medium of exchange. For the next couple of decades at least, it's going to simply be the ultimate savings tool and it can 100x just as it is. However layer 2 networks will be useful at some point along the way, not as a medium of exchange but simply as a way for normal people to buy smaller lumps of bitcoin more cost effectively. .
> I'm on the same page, but stand by the fact that it depends on your definition of money. To many, it means useful as a medium of exchange and that anything else is simply an asset. Definitions are only useful insofar as they help us understand ACTUAL condition. Let me give you a thought experiment. Suppose I send you to Mexico for 5 years and give you two suitcases of money of equal value (1 USD = 20 MEX) 100,000 USD and 2,000,000 pesos. Now suppose you know in advance that in 5 years 1 USD will = 40 MEX e.g. the value of MEX relative to USD will fall by 50% over the next 5 years. Now suppose you have some purchase you need to make, perhaps a car or apartment. You can pay with either USD or MEX. There are no friction costs or anything. Which currency do you spend and which do you retain? Of course you spend the MEX and retain the USD. Why do you do this? You do this because USD is more USEFUL to you. Obviously you want to retain the currency that is more useful to you. The USD is more useful to you because it is has a lower half-life and retains its economic energy better than MEX. You can know this is true because you choose to keep it and get rid of the less useful currency. Therefore we can know that the utility of money does not come from spending it. Indeed in a hyperinflation condition, the inflating currency is tossed around much more rapidly as it is spent by anyone holding it faster and faster like a hot potato WHILE the usefulness of that currency decays into zero. Utility of money comes from its ability to store economic energy across time. It is the weaker money that gets spent. It only makes sense to spend strong money when there is no other option and one day that will be the case. Some day no one will accept USD for a pizza. Then and only then should you use Bitcoin to buy a pizza.
https://www.coingecko.com/en/crypto-gainers-losers?time=y1 There's a few but also gotta remember this is still in the top 1k and some bigger losers went down more and fell out of the measurements. Some reasonably big projects on there are RIDE and MEX which were two hyped Elrond/MultiversX projects, Serum which was one of FTX's platforms with some of the worst tokenomics ever, and Aurora NEAR's EVM L2.
Not at all, I'm sick of all ponzi schemes such as MEX, pump &dump such as ZPAY, CHARGED, and so on. This ecosystem it's not nice at all
I also have expectations that the future of crypto is bullish and I am getting myself positioned by accumulating MEX, EGLD and RIDE which have been focused on development during the bear market.
> Sound like a smart man Yeah, i've been hodling RIDE for a year or thereabout, and recently I moved it to my Ledger Nano X wallet, there I can stake it alongside my USDC, MEX, and ADA. > Been holding that for 2 years and the only small cap I’ve got that I can see going far What's the mcap?
Can't you buy and sell moons on MEX exchange
Hodling BTC strong, these regulatory boards pioneered by the FED should take a rest. I've got my hodls locked up in my Ledger wallet where I stake my MEX, RIDE, and stables. Soon enough, the much anticipated bull run will surface.
Am I the only one who actually hopes Moon goes down for a couple days so I can buy some to add to my stack? Been chilling around $.18 - $.25 for two weeks now - there is a huge buy order at $.16 on MEX ($13,000) worth that most likely will keep it from dipping too much but I would be ready to buy at like $.13....anyone else?
yea its acually really easy, I buy them on MEX C and just send them to my meta mask after.
>A lot of new integrations have appeared for real, and I've seen the xPortal in particular... I'm yet to check out on xPortal as I'm anticipating the launch of xMoney in particular amidst all of the products. >with integrations of new farming incentives in the ESDT tokens such as RIDE, ZKP, and MEX generating good APRs and withdrawal thresholds. For the sake of the aforementioned _"good APRs and withdrawal thresholds"_, I'll check if UTK and BHAT is included since you've mentioned that it is available for RIDE and MEX.
A lot of new integrations have appeared for real, and I've seen the xPortal in particular, with integrations of new farming incentives in the ESDT tokens such as RIDE, ZKP, and MEX generating good APRs and withdrawal thresholds.
With all the DCA I'm still over 90% down on EGLD and MEX unfortunately.. I invested also in ZPAY and I'm still down around 60%... I hope that some day I'll be able to recover the investment
Apart from considering cold wallets some exchanges like MEX and Kraken also have good track record of assets security but tbh multsig wallet will be a preferred option due to it's security layers. My opinion tho.
What is going to happen to MEX token?
I’ve had a boatload of my crypto invested in EGLD and MEX for the last year, so I’m not entirely fond of this decision…
Whale about to swallow all the liquidity on MEX
MEX seems to be the better choice.
Yeah but what the fuck is MEX? Never heard of them.
tldr; Elrond Network’s decentralized exchange, Maiar, has gone offline for maintenance. The Elrond token (ELGD) and the native token of the Maiar DEX (MEX) are both down on the day. Founder and CEO Beniamin Mincu tweeted that the entire team is investigating “suspicious activity” on Maiar. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Yea I bet the MEX token tanked so hard from people selling it into the $5 egld.
Buying elrond at around $80 hoping to buy their dex token and flip it back to egld and dump. Dex got pushed back but egld had appreciated to $460 when I managed to flip to MEX and back to Egld and dump. I think of that day fondly.
MEX needs a boost that's for sure
That reminds me of the DOT that I acquired at around $4 early last year and sold at about $50 towards the end of the year in November and still hoping to to have such huge ROI with EGLD, MEX and UTK that I'm scalping atm.
Wait a while. Alts are going to be crucified as BTC dominance rises over the next few months. This is a bear market. However FWIW look at the ELGD / Maiar ecosystem. The MEX token has been losing value since day one but I believe it's future is bright.
I don’t share how much I hold, however, I can tell you that I was mostly shilling when the bull run was somewhat heated lol. I think they do still have a solid framework, but they also seem to have a lot of kinks to iron out. It’s gotten quiet and not many people talk about it - I hope it can succeed, but many solid projects don’t (yet, maybe). I’m by no means an expert - was just excited at the time. Time will tell if this will take off. I also hold MEX. Still not sure about it when things keep switching up in the DEX.
Where do you think this coin will be placed at two years from now? Do you think they will really manage to get 1.000.000.000 people using crypto or the plan seems too exaggerated for you? In my opinion, I am expecting to see it around $5k, taking into consideration their plans for big projects and already managing to buy TwisPay from the National Bank of Romania. How much eGold do you currently have? I managed to get 2 eGolds for now and planning to get at least 5 more this year. Also, what do you think about MEX? It will reach $0,01 by the end of 2024?
It is a very powerful staking program on Maiar Dex. If you are familiar with Elrond chain, you would know how high tech the chain is. This is the same usual staking program but you can earn through 3 streams of revenue; either by single staking Ride, earn from LKMEK/MEX or farm EGLD/RIDE to earn RIDE and the APR is 25... The program is lasting for 12 months and it commenced February this year, with over 21.7M Ride to be distributed.
Yes the big run could happen anytime soon though considering the rally back up that started couple of days ago at least that seems more like a reaffirmation for my bags, in preparing for the next run I have started looking up some quite good alts worth investing, GOG, MEX, TXA, RADAR seem interesting though.
With the way the crypto market is, you can't just pick 5 - 8 coins/tokens at random, very good research is needed, there are certain features to look at and consider, as for me I'm a fan of fundamental but low cap projects and I have successfully invested in quite some EOS, FLUX, MEX and even extended to Polkadot based low caps POLS, PNODE and PKR.
That's astonishing how EGLD and to a further extent MEX aren't really discussed here. I'm farming here too!
Sounds like an agreement between bitMEX and a new pesos ICO MEX-ICO
I think a great example of this is $EGLD and their exchange.. You go in, do some swaps for their ‘community staking token $MEX, only to find out to get the awesome APYs that you must first ADD LIQUIDITY by the dividing of the 2 said coins, only to find out this will create the LP TOKEN and/or LK TOKENS. There are plenty of others that do this but this is just how crypto does it, quote me if I’m wrong. Don’t get me wrong, I love the EGLD ecosystem and their evolving platform with NFTs and new coins (2 new ones recently besides $RIDE Holoride, are $AERO and $ISET) but this is the way Crypto covertly does what you mention.
Post is by: danielpurece and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoCurrency/comments/sik0rt/how_to_earn_150_apr_in_egld_on_maiar_exchange/ Recently some community memebers which are holding a lot of LKMEX and EGLD had the idea to create some "exchanges" for LKMEX/MEX or LKMEX/EGLD. Currently I know about 3 of them: 1. LKMEX/MEX bot on Telegram - OK, but not so easy to use 2. [lockedmex.exchange/ref/danielpurece](https://lockedmex.exchange/ref/danielpurece) \- simple to use, clean interface. You need to manually transfer EGLD/LKMEX and a script will send you back the other coin in \~30 seconds. 3. JEXchange - very good idea, but still in development. This is a P2P platform where you can create Offers and other user can buy your offer. At this moment, only a testnet is available [https://testnet-app.jexchange.io/](https://testnet-app.jexchange.io/) So, having this platform will give us the freedom to farm LKMEX and convert it to EGLD to receive convertable to Fiat money right away. This looks to me the best strategy: **STEP 1** Buy 100 EGLD (You can buy on [Crypto.com](https://crypto.com/) or Binance and then transfer to your Maiar wallet) If you already have EGLD, then you can just use the strategy with the amount you have. **STEP 2** Go to [lockedmex.exchange/ref/danielpurece](https://lockedmex.exchange/ref/danielpurece) Claim the user bonus to be able to receive welcome bonus of 25,000 LKMEX (one time only). With 38%, which means 38 EGLD buy LKMEX (currently 1 EGLD = 800,000 LKMEX), so with 38 EGLD you will buy 30,400,000. You will have 30,400,000 + 25,000(bonus code) = 30,425,000 ​  Interface to buy LKMEX with EGLD. Claim the bonus with Claim button  After you entered herotag where to receive the bonus and pressed Claim, you have 30 minutes to follow the instructions and send EGLD to the exchange wallet and receive back on your wallet the LKMEX + bonus LKMEX **STEP 2:** Go to Maiar Exchange --> Liquidity --> Add Liquidity --> Select EGLD --> Select LKMEX: ​  Add Liquidity Pair EGLD / LKMEX. Press Add Liquidity and sign the transactions to complete. **STEP 3:** Go to Maiar Exchange --> Farms --> EGLD/MEX farm (226% APR) --> Stake LP Select the pair EGLD/LKMEX, add 100% and press Stake. After that you are good to go for the LKMEX rewards. ​  **STEP 4:** Because you buy LKMEX (1 EGLD = 800K LKMEX), instead of MEX (1 EGLD = 490K MEX), instead of having a 100 EGLD farm for stake, you will have a 122 EGLD farm (increase of 22%) just because you use LKMEX. Harvest daily or after 2-3 days the rewards and then use again the platform [lockedmex.exchange](https://lockedmex.exchange/) to swap back to EGLD. You should harvest with current APR: 135,695,500 LKMEX / year --> exchanged to EGLD: 150 EGLD 11,307,958 LKMEX / month --> exchanged to EGLD: 12.578 EGLD 376,931 LKMEX / day --> exchanged to EGLD: 0.419 Exchanged the value for one year: ​  Exchanged the value for one month: ​  Exchanged the value for one day: ​  NOTE: Take into account that you may receive more EGLD for your LKMEX. E.g on the platform were days when you were able to sell your LKMEX for 750,000 LKMEX per 1 EGLD. Let me know what do you think in comments. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
I regularly tell my date whenever I lose or win money in a joking, "I'm gambling" kind of way, she just laughs and shows me mainstream crypto TikTok's and memes. When I told my mother, she just exclaimed "it must be nice to have so much money you don't know what to do with it." Then she proceeded to check the US dollar to MEX peso exchange rate after mentioning the market crashed, and asked me to let her know from then on. My brother called me a hypocrite because we care about the environment, so it's a mixed bag. But I would never advice anyone to get into crypto, I don't want that responsibility
I like the MEX rewards and am definitely invested in that until it’s unlocked. Personally I’m sticking with it to the end.
Those are some of the most popular coins in Romania, togheter with MEX
Elrond/MEX farming is a gem. I recommend
All that LKMEX you're farming until December next year might be able to cover some of your losses if not most. I got out of EGLD/MEX farms completely when they took the exchange offline for like 4-5 days and now only hold EGLD. Good luck mate
EGLD with MEX, their tokens will be locked till 2023 anyway :))
>I am not sure about NEAR or ONE which are mentioned more less in the same sentence sometimes but the „package“ EGLD offers is quite nice. I am a huge fan of NEAR, so I will be shilling near here. >Has its own app, the maiar App. Which can be used to get, send, stake and obviously keep EGLD and some other Coins. It can be used to the Maiar DEX which is point two. I guess there's not mobile app at the moment for near, but the online wallet is very good. Slight inconvenience, but nothing major >Maiar DEX. A dex for Elrond, MEX (the native coin of the dex) and some USDC on the elrond chain as also RIDE, a new Token for the Holoride Project. Some Pools are having high rewards when you accept to lock your earnings. fine for me, lets see where the travel goes to… Near have dex too, like Ref finance(so does many L1 chain nowadays, so I don't believe it's really that big of a plus. >it has a finitie supply of 31 million pieces, currently around 15% staking rewards that get paid daily and is thanks to sharding capable of a shitload of TPS and is therefore quite fast. I don't follow the max finite supply, most coin have max finite supply anyway(so does near). I agree that the staking reward is slightly higher than near at 10%, but this numbers are not very meaningful. Any blockchain can determines their own staking reward %, and so higher staking reward probably just mean less appreciation in price. Regarding sharding, near have sharding too, and the team that does sharding at near is insanely brilliant. The founder is a director of engineering at MemSQL(which is specialised in sharding database), and also they have many ICPC(most prestigious competitive programming contest in university) and topcoder Champion. In comparison, ([https://elrond.com/team/](https://elrond.com/team/)), they claim to be olympiads champion in math and informatics, but I don't see their name in any prestigious contest, so I suspect it's mostly just regional competition. In my opinion, I have more confidence in the near team to have a better sharding solution as compared to elrond. > It supports the Ledger with the online wallet and the dex which is nice. I might have missed some things. Well, it is actually a staking, so PoS Consens blockchain. Same for near. In conclusion, I think they are similar in many ways, I am just more bullish in near as compared to egld is due to how impressive the near team is when its come to sharding.
Yeah I also agree they are the best right now. I'm going to consider hedging my bets and investing in near as well as Elrond though I'd be surprised if near can beat the EGLD/MEX APR right now (around 300%) though maybe I'm wrong as I've just started really looking into near - do they have LP farming?
Nice one. MEX is already a token on the Elrond/Maiar network though.
EGLD and their MEX token.
Staking MEX at the Maiar exchange. Based on Elrond block chain
You can just download the Maiar dex app onto your phone then create a wallet. You then will need to buy some EGLD either through the app or somewhere like Binance. Then there are a lot of options for farming on the app including LP farming the EGLD-MEX farm which generates LKMEX (locked MEX) which you can then farm in the MEX farm and then just compound from there. There are quite a few videos on Elrond on YouTube and you can join the telegram channels and ask for help there. You should also learn about impermanent loss if you intend on farming in the LP pool.
Elrond/MEX farming on the Maiar dex at currently 395% APR.
This is actually for 2023, EGLD, I hope by then it will pop off ,especially with the MEX token.
You explained defi, but then throw CEX in there but never described it. So there is: CEX: Centralized Exchange, such as Coinbase, Binance, Kucoin, etc.. DEX: Such as Uniswap, Terraswap, Pancakeswap MEX: El Torito, Javiers, Taco Bell/Del Taco (but those are shady)
My gains on the Maiar have been spectacular. Currently farming is limited to EGLD, the MEX token and USDC but new assets will be added as the eco system matures, starting with RIDE very shortly. The exchange was down for a week when an APR bug caused the returns to fluctuate wildly, but after a fix was applied and after rigorous peer reviewed testing it's back up and running beautifully. Elrond is turning out to be one of my best investments ever, and it's only going to get better
EGLD MEX RIDE(when launch)
Stake EGLD/MEX the price is actually up in 24 hours
How about Maiar (MEX) with Bitcoin’s market cap. I’d be fiiiiiiiilthy rich.
Yes I have been taking part in the MEX harvesting, slight change in the rules now
I'm an early adopter of the Elrond project, which released their Maiar Exchange 2 weeks ago, they are also using a coin similar to $BNB, $CAKE, etc. called $MEX. Hope to see it grow in the next 5 years. I will just keep staking it for the next few years and hope to see my portfolio grow. Already 400% ish up on my portfolio in the last 8 months.
Algo, Yieldly, EGLD, MEX, ETH 2.0
12% apr if you stake EGLD in the maiar wallet. 1200% in liquidity pool, and 300% if you stake the exchange token MEX. Also 2x apr if you lock MEX for a year.
U stake their native EGLD and MEX and get rewarded in MEX.It has a EGLD USDC pool too,but with lower APRs.
With its total float I would doubt it could ever get to BNB prices. But then again we never know how much liquidity will end up going to what exchanges/cryptos when full on adoption arises. And I believe CRO will be one of the top dogs when it comes to exchange currencies. That and MEX, Maiar Exchange Token, which which heavily works with the Elrond (EGLD) blockchain. Those two are going places and are the majority of my portfolio. CRO occupies a nice % of my portfolio though for sure. I’d feel stupid to skip on that investment
Oh yes please. I have a bag on Maiar Ex in a EGLD/MEX pair that has been bleeding but the APY returns are awesome..
No bro, those snapshots were for the ones who held EGLD got MEX in reward.
It's all relative. Check out farms on Maiar exchange with MEX and eGLD, lol
In case you guys don t know what EGLD's recent pump was, they just launched their DEX with a governance token of its own, MEX. A new token will be listed soon, and adding EGLD/MEX to the liquidity pool currently has an APR% of about ~1800%
Farm EGLD/MEX in Maiar. Crazy APR/APY for the next month.
At the moment I’m doing pretty good on the Maiar dex. I’m providing liquidity in Elrond+MEX (you can swap half you Elrond for MEX on the website). After that they gives a Liquidity Pool token, LKMEX, that I stake for more rewards. For now APR is 2000% but it goes lower every day.
Staked EGLD/MEX yesterday on Maiar exchange . Got 6% rewards overnight, that's an annual return of 2190% or freekin crazy!
Maiar Exchange ran a test earlier in the year. I had no idea about any of the above but took part in the testing, I learned fast, and now I’m farming thousands of MEX tokens per day and having a real blast in the process, initial APY is in the thousands.
I love that you mentioned ELROND! What an absolute BOSS on the L1…with MEX…wow that shit is popping!
Elrond/MEX Liquidity pools.
Move EGLD to a wallet & swap here: https://maiar.exchange/ If you get bored of swapping MEX and EGLD, you can spice it up with their third coin, USDC!
Buy EGLD. Get Maiar Wallet. Go to Maiar Exchange. Connect Wallet. Swap 50% EGLD for MEX. Provide Liquidity. Stake LP token to earn MEX at over 2000% APR.
Just got a nice fat bag of it for staking on Maiar exchange to earn those juicy MEX rewards.
Join the EGLD/MEX liquidity pool that opened up earlier last week. The APY is crazy and is lowering as more people join. I made $100 off of my $545 investment in like 4 days lol
EGLD. Up 6X since my purchase this summer and pays 13% interest. They also air dropped me a nice bag of MEX which is up like 20x.
Staking egld and mex in a pool then farming the LP coin for more MEX. the apy is insane
DOT and probably Elrond (EGLD & MEX) look like certs to me
A good thing that they learned from the beta tests ;) 'cause they were something else. I enjoyed it a lot though. I'm very surprised about the MEX price though, hope this is not temporarily hyped up because it seems 10x what it was supposed to be. Now the next step should be some more trading pairs other than just USDC - because now the DEX is a bit sterile ;)
To mitigate impermanent loss I try and provide liquidity for pairs that move closely together. Note pairing one coin with a stablecoin does NOT reduce your impermanent loss - of course pairing two stablecoins together will but usually yields for stablecoin/stablecoin pairings are quite small. If you paired your eGLD with MEX then as the price of eGLD skyrocketed (and assuming MEX stayed stable) people traded their MEX for eGLD using your LP pool. As a result, you now hold more MEX than you started with, and fewer eGLD than you started with. Another way to think about it is that you used your eGLD to buy more MEX tokens as the price of eGLD went up, ultimately maintaining a 50/50 split between the two. What this means is that whilst the value of your LP position will have increased, it wont have increased by as much as if you had just held your eGLD and MEX tokens separately. That difference is your impermanent loss. Hope this helps!
Farming MEX is fucking wild. Every couple hours it's like "oh, $200 more? Cool".