⚡️AI MEETS BLOCKCHAIN PAYMENTS
AI just learned how to use a crypto wallet.
MultiversX is the first blockchain to integrate Google’s Universal Commerce Protocol, letting AI agents check balances and execute on-chain transactions automatically.
Supernova is relentlessly drumming forward.
Years of effort. Now turning into the most consequential and tangible network upgrade.
Speed. Scalability. Decentralization.
Along with reinvigorating economic incentives.
While noise gets loud from time to time, staying focused, and making another step of progress is what counts.
The first economics milestone is now fully live. Staking v5, with nearly double the rewards for users, investors and validators.
The battle of nodes is in heavy prep mode, with some good updates coming during the next 1-2 weeks.
Supernova is steadily marching on. A great intermediary milestone was reached at the end of last week, with the epoch state transition working for the first time with all components in place . We are now in the process of running hundreds of increasingly complex testing scenarios, to gradually verify stabilization across different components of the network.
Meticulousness. Intensity. And a bit of joy.
Once more, a step closer to this massive milestone.
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Overall progress update:
█████████░ 95%
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EGLD will explode in 2026
MultiversX is entering a new era
“Economic Evolution” a complete redesign of EGLD’s economic model.
BUYBACK and BURN $EGLD
The protocol becomes its own demand engine, creating programmed scarcity.
At the same time, XMoney, (majority-owned by MultiversX), already offers cashback in EGLD and the launch of MiCA-compliant stablecoins (EURX, USDX, RONX) in early 2026 will further strengthen this ecosystem.
XMoney’s profits will directly feed into the MultiversX treasury, which will use them to buyback even more EGLD creating a self-sustaining, deflationary cycle.
EGLD will combine :
Continuous demand : Buyback EGLD creating constant market demand.
Decreasing supply : Each buyback leads to a burn, while max inflation is capped and only triggered if network usage grows. Making EGLD structurally deflationary.
Real-world utility : Cashback in EGLD is already live via xPortal, and MiCA-approved stablecoins (EURX, USDX, RONX) will boost daily EGLD demand.
Everything points to 2026 as the breakout year for EGLD, powered by an economy that fuels itself and redefines the European digital finance landscape.
For those still calling it a scam…
Then explain how these ‘scammers’ just ranked #1 worldwide in development activity growth.
+1160% — MultiversX is literally building the future.
#EGLD
$EGLD
“The people who are crazy enough to think they can change the world are the ones who do.”
We were those people in 2018. We are those people now. The crazy ones!
Let’s light the fuse. New Genesis is here.
MultiversX
My Thoughts on MultiversX’s Proposed EGLD Tokenomics Changes
My initial thoughts to MultiversX’s new EGLD tokenomics are mixed. I understand the rationale, and see it's benefit in the long term- but I’m concerned about the increased risks for existing investors.
Currently, EGLD has a capped supply of approximately 31.4M tokens. Staking rewards come from issuance that decreases over time, supplemented by transaction fees. This is a scarcity driven model- similar to Bitcoin’s supply/demand dynamics and is what attracted investors who believed in MultiversX’s tech. All of us expected value growth as demand increased. The key problem has been that DeFi adoption faltered industry wide, and MultiversX has struggled to attract users, leading to a consistent decline in EGLD’s value despite its limited supply. The key fact- scarcity doesn’t drive value without demand.
The new tokenomics aim to address this by shifting from scarcity to a growth model. Here are the key changes:
Supply Cap Removal & Inflation:
- 31.4M EGLD cap would be eliminated
- 9.47% annual tail inflation rate, minting roughly 2.8M new EGLD per year based on the current supply.
- 10% of base transaction fees burned- creating deflationary pressure that scales with network usage.
- “Reflexive Strategic Investment” minting process could add up to 9.42M EGLD if price hits thresholds ($20, $35, or $50). These tokens would be locked for 3 years for strategic initiative use like institutional partnerships and market expansion.
Emissions Allocation:
Newly minted EGLD would be distributed as follows:
- 50% to normal staking rewards
- 20% to an Ecosystem Growth Fund (DAO managed grants for builders, tied to user adoption and TVL)
- 20% to a Growth Dividend Fund (rewards for users particpating in active yield ie. deploying staked EGLD in DeFi via liquid staking derivatives)
- 10% for protocol sustainability and development
These allocations could be adjusted annually via governance votes.
High Level Growth Mechanisms:
- Staking yields 9-12% APR, to help increase staking ratio to over 65%
- Transaction fees split into base fees (90% to dApp builders, 10% burned) and priority fees to validators for faster processing.
- Protocol revenue to fund open market EGLD buybacks, which are then staked.
- Create a positive feedback loop: Higher usage generates revenue, buybacks reduce supply and boost staking, while growth incentives attract more activity.
- Tie EGLD’s value to ecosystem utility vs. scarcity alone.
This entire change proposal screams utility vs. scarcity. Scarcity didn't work, and the lack of utility may be what's hindering growth- that's the mentality I'm betting is behind the decisions from the MultiversX team. All the changes focus on incentives to attract builders, investors, and DeFi users to boost TVL. They’ve recognized that strong tech and scarcity aren’t enough. MultiversX saw its largest user boost in my memory- during the xExchange launch when APR incentives were astronomically high. As DeFi usage declined industry wide and incentives stabilized, and the network struggled to compete with chains like Ethereum or Solana.
The proposal for the tokenomics change has sparked significant backlash, with many arguing it breaks promises of a fixed supply- diluting value for existing holders. Many investors, including myself- originally bought EGLD for its scarcity driven model, expecting value to rise with demand. The shift to an inflationary model introduces greater risk, as its success still hinges on speculative adoption. The caveat is that the additional incentives could drive missing adoption. The risk is simple- if the incentives fail to attract sufficient users and builders, inflation could outpace demand, driving value down.
My suggestion to investors remains the same- consider diversifying portfolios to manage increased risk, potentially allocating to assets like Bitcoin while monitoring MultiversX’s adoption metrics (TVL, transaction volume, user growth). When risk rises, reducing exposure is a basic principle of portfolio management. Blind faith needs to end. Your portfolio risk and it's value growth should be your sole concern.
I’m cautiously optimistic that these changes could revitalize MultiversX’s ecosystem, but I’ll remain on the sidelines with DeFi investments, including EGLD, until I see tangible signs of success- rising network usage, prices, and trading volume. For now, the proposal’s fate depends on community governance, and I encourage EGLD holders to participate to shape its direction.
Stay away from bashing the team- their logic and decisions make sense. Their community engagement is much higher than I've ever seen, and that's a very good thing. Ask them questions, participate in spaces, and make the best decisions for yourself.
It's up to you to determine your risk profile and make portfolio decisions that drive your value growth moving forward. If this means lowering your risk and moving into BTC or other assets until you're certain on your EGLD risk profile- so be it. It comes with the territory when changes are made and we all know this.
As always- I'll keep my feedback and decisions public, balanced, and unbiased. As time goes on and my strategies evolve, you'll be the first to know. For now, I'm waiting, watching, and sticking with BTC.
A few notes on yesterday's debate.
People agree that tail inflation with burn is good. That is ok for a start. Disagreement starts on the numbers.
But before that on the model, where some people say that builders and DeFi does not need incentives and L1 should not give out incentives for DeFi to be built. And I personally believed the same thing for the first 3-4 years, that builders will come just because of better technology, cheaper infrastructure and easiness to create something awesome.
I was blindfolded that we had a few amazing builders, who created dApps just like that, while I knew that everywhere else there are grants and token injection into DeFi, into builders. But still, I was blindfolded and thought builders should just build. But again, even Elrond needed capital injection through raises.
Amazon/Google/DigitalOcean/Microsoft all of them have cloud services, where do people do startups go to run their servers? To those which offer the most free credits.
Yes, we made a big mistake early on, that the bucket for grants and for DeFi was not big enough. But, in some other sense, this was good, as we were not prepared to evaluate all the projects and see which KPIs are the best.
You ask any builder what they want: they will say grants, so they can build more. You ask what a DeFi projects wants: MORE LIQUIDITY so they can CREATE more volumes and have MORE REVENUE. And these are honest takes.
I want to build a system which is not full of LIES. I want to build a system, as I said, where we value the small people in DeFi and everywhere, and not make backdoor deals with market makers for liquidity - I do not want to give out 100% APR for wintermute per year to bring in stables. Like if they bring 15million USD to DeFi, I have to give them in 1 year 15 million USD more, via backdoor. That means 1 million eGLD.
All L1s invest and put tokens into builders and into DeFi. Starting from Ethereum, all the way to Solana, SUI and others. Look at Consensys, how they distributed funds towards builders since the inception of Ethereum. How they helped with funds the creation of MakerDAO and other DeFi protocols. It is dishonest to say, that this is not true. The chain, github, gitgrants prove that.
I want to build a system which empowers developers, small stakers and every ecosystem member. That is the system I want to build. And if it is too naive, too direct, too clean, let's be it.
We are building the BEST TECH. SuperNova will launch us to the stratoshpere when it comes to TECH. And all the hardcore builders on the chain will feel it.
What will they like more? Grants and liquidity injection. Especially in DeFi, with low liquidity, the systems do not work. That is the reality.
We are in a competition as well, we are not alone.
Let's do this together!
BREAKING: xMoney Secures $21.5M Strategic Funding Led By SUI Foundation, In a Joint Venture With MultiversX 💣
After years of effort, this marks a massive step of validation and differentiation for the xMoney team.
Stablecoins are, without a doubt, crypto’s highest-impact and most lucrative use case, and multi-billion dollar opportunity.
xMoney is building a superior, vertically integrated payment stack that unites fiat and crypto into one seamless experience.
MultiversX pioneered this vision early, laying the foundation for compliant stablecoin payments. With Sui’s investment and partnership, the collaboration now enters a larger, global phase, combining leading-edge technology with bold execution to scale adoption worldwide.
Stablecoins Supercycle.
The global market is gearing up for the most unfathomably bullish phase in its history.
Macro, fundamentals, regulation, and market structure are building up a crypto tailwind like never seen before.
DO NOT GET DISTRACTED.
Emotional shakeouts exist to separate the weak and impatient, from the disciplined and obsessive.
Dips are your gifts.
Use them wisely.
SUPERNOVA.
I am here on MultiversX, because I believe in the mission, and the mission is bigger, I also see this as maybe the only place where I can contribute the most with my technical knowledge to the advancement of the world. I see the ethics and why are we doing it.
I am here to build a system for a better world. To decentralise the world more, to put as much as possible on the chain where people can enjoy their freedom.
Would a better price help? Definitely, as we could scale more, expand faster, get everywhere in the world and people could switch from fiat and banks to crypto.
For real ownership, for real freedom to transact, public institutions putting all information on chain, governments making their spendings through DAOs.
Yes, big and loft dreams, but this is why I am here and building. Most of CT is about price going up, about stablecoins taking over crypto, about making 100x on 15 minutes.
Decentralisation, privacy, freedom are God given rights, we just need to fight for it, with all our knowledge and to build what is right.
Is it me or is it getting harder to turn up on X everyday to talk about $EGLD & #MultiversX?
Although I try to balance out my thoughts as much as possible, there is just so much negativity in the comments.
This hasn’t been an easy journey for anyone. In fact, it would have been a lot easier to have bought $EGLD, forgot about it, not engage at all & just move on until it moons, or discard it as 100% loss if it doesn’t.
But there’s some level of motivation left in me to have conviction, & to not go with the “common consensus”.
We can find plenty of major events in history that has proven the common consensus wrong.
There’s no guarantee either way. But what IS certain is our ability (and choice) to present our views with respect.
I fully respect those that are still sticking around, despite the hard times. Equally, I respect & wish those that are no longer sticking around the best for future endeavours, even if it means always sticking around to pick up negative points about the #EGLD ecosystem.
Life is too short, so personally, I would dwell less on something that I don’t believe in, whilst dwell more on things that I have beliefs in.
If, one day, I no longer believed in $EGLD, you would not see me commenting negatively about it. I would simply move onto something else.
But that day isn’t today.
“Stay Hungry, Stay Foolish.”
A letter for the @MultiversX community ✉️
As an early investor and friend to many of you, I want to take a moment and write a few words ⬇️
We've faced a brutal and long bear market, packed with global uncertainties, wars, and turmoil that pushed us to our mental limits... YET, here we stand, more determined and more focused. We may have "failed" on certain paths, made mistakes, or disagreed on many points of view, but we gained wisdom, the peak of human intelligence. Caution doesn't mean retreat; it means moving forward with purpose.
In 1519, Hernán Cortés burned his ships after reaching Mexico; there was no going back, only forward, towards victory.
In business or life, the same principle applies: sometimes there is no Plan B, just a Plan A that demands your full commitment.
Burn the ships! Build the future! Win at all costs!
Let’s harness this spirit, come together, and shape a bold future for us and for @MultiversX's team as they pour their lives into this project.
The road is tough, but our ambition is stronger. Keep innovating, keep fighting, and let’s get through this as one!
With much appreciation for @beniaminmincu, @lucianmincu, @SasuRobert, @serb_daniel, @AdrianDobrita, and the whole MultiversX team!
#Believe