@beniaminmincu Hello Beniamin,
1. Why isn’t the new token available on MultiversX at launch?
2. Why does this feel like a one-way deal? MultiversX users bear dilution and must move to Sui for $XMN, while new Sui users have all the benefits.
Action is needed to keep the community engaged ⚡
Massive Giveaway.
Giving away $500 each to 4 People.
How to Enter?
Follow, Like, Retweet.
Ends Sunday Night! Aug 3.
I love you guys. I hope the most need it win. ❤️
MultiversX (prev. known as Elrond) is the most advanced form of sharding technology applied to blockchains.
Is what ETH 2.0 was supposed to be.
Blockchain trilemma solved in 2018.
@DBCrypt0 Genuine question: I get Matt's perspective, even if I disagree. But isn’t there a double standard with Ukraine? The U.S. keeps sending billions to Israel—how does that fit with 'America First'?
With the USH Mainnet launch in under 7 days, the first HTM buybacks that will fuel the USH Staking Module have just begun. 🔥
You can follow the transactions here:
https://t.co/v2LBbpgmDy
We’re pleased to share that the first phase of the USH Private Launch has wrapped up successfully. This milestone focused on deploying the Isolated Pool on Mainnet and bringing initial liquidity from various partners across the #MultiversX ecosystem.
Thanks to this effort, the Isolated Protocol achieved a bootstrapped TVL of $20.41M (621.1K $EGLD). Because of the synergy between the Isolated Pool and our Liquid Staking and Lending Protocol, that amount effectively tripled, pushing the total TVL of the Hatom ecosystem from $160.22M to $221.45M.
At this stage, the reported TVL does not yet include community contributions or other USH modules. The broader community will have its chance to join when we move to the Public Mainnet launch. We want to extend our sincere thanks to all the partners who supported us in this first phase of the USH Private Mainnet:
@MultiversX , @iVerseVision, @lucianmincu, @Veroc_Daniel , @RosuGrigore , @UnitedStaking, @QoWattEcosystem, @foxsy_ai, @ProjectX_DAO, @ProteoDefi, @SasuRobert, @EAPESCLUB, @TheDinoVox, @TortugaStaking, @VorteXz171, @WaveNodeValid, @SmartChainCnx, @moonlorian, @OriusLLC, @valuestaking, @Rarity_market, @MiddleStaking, @autoscale_, @itheum, @ColombiaStaking, Incal, Rohan Stake, SkynetEGLDCapital.
We’re also excited to announce that the second phase of the Private Mainnet launch is now underway. This phase focuses on creating multiple LPs to ensure deep liquidity for $USH on launch day, in partnership with @xExchangeApp , @ash_swap , @MultiversX , and @foxsy_ai.
By rolling out several liquidity pools right from the start, we aim to stabilize $USH and allow users to trade it against various pairs immediately. This initiative is crucial for maintaining USH’s stability and will help DEXes and aggregators boost their activity and revenue. In addition, introducing these $USH LPs will pave the way for new arbitrage opportunities, driving more on-chain activity within the #MultiversX ecosystem through innovative mechanisms built around $USH.
We also encourage projects to switch to stablecoin LPs, following the example of leading chains. This helps foster a fair market for their tokens and minimizes selling pressure on $EGLD. Under the current model, any token sell-off directly impacts $EGLD, much like the early days of Ethereum, when most LPs were paired with $ETH.
In that spirit, $USH will launch with LPs for USH-EGLD, USH-USDT, USH-USDC, USH-HTM, USH-MEX, USH-ASH, USH-UTK, and USH-FOXSY. All of these pairs will be available from day one and ready to be farmed. Any LP Tokens received from farms can be staked immediately on Hatom to secure high yields.
The third phase of the launch focuses on rolling out the remaining $USH modules and facilitators, enabling $USH minting, and unpausing the various LPs. At that point, $USH will be fully deployed, operational, and accessible to everyone. An announcement with a countdown timer will be shared beforehand, specifying the exact date and time. It’s only a matter of a few days now.
As part of this launch, we’ll introduce a range of new features and initiatives:
Markets
The Markets section will be updated to include data on $USH and its facilitators. You’ll be able to monitor real-time parameters for each facilitator, such as collateral amounts or USH minted, directly from the dashboard.
Analytics
We’re developing one of the most comprehensive analytics pages within #MultiversX. It will offer detailed insights into every aspect of Hatom’s products, helping users understand and analyze a wide array of metrics and parameters across the entire protocol.
Dune Integration
Together with the Analytics page, we’re rolling out a @Dune integration to bring #MultiversX into one of the most popular crypto data platforms. Advanced users will be able to customize and build unique graphics and data views tailored to their needs.
Governance
After nearly two years of Mainnet activity, the protocol has matured, and the community is ready to help steer its direction. Shortly after $USH is launched, the Governance feature will go live, allowing community members to participate in decision-making and shape the protocol's future.
Grants
We will soon introduce a grants program to support projects that build on top of the Hatom Protocol. This initiative will offer both financial and technical assistance, helping developers realize their goals.
The first project to benefit from this program will be @autoscale_, an innovative yield optimizer on Hatom, designed to help users capture compelling yields and easily execute complex strategies. Even before the grants program officially launches, we invite projects building on Hatom to get in touch so we can explore potential synergies and begin offering our support.
We’re incredibly grateful to our community for standing by us from the start. This is only the beginning of what promises to be an exciting year!
TRUMP have won the U.S. Elections
and as promised I will giveaway $2600
Bitcoin to 10 people in next 48 hours.
To join just like this post, Repost it
and make sure you are following me.
I love you all and I will always try my
best to give back to my community.
Bridge v3 explained in a 2-minute read:
In addition to asset transfers, the new version (currently in testing) also supports smart contract calls.
This allows the bridge to work with other applications, or be a component within more comprehensive products like aggregators.
An obvious enabler is the ability to access DEXs liquidity in the same cross-chain operation -> send USDC from Ethereum and receive EGLD on MultiversX.
The above case solves the problem of newcomers arriving in the ecosystem without holding the native gas token, and breeds ecosystem adoption with shortcuts that substantially reduce the learning curve.
V3 also brings more possibilities for teams that are building multi-chain apps and economies.
Currently, the bridge mechanism supports only one flow: store/lock on other chains and mint & burn on MultiversX.
Once in production, it will support flexible configurations based on developers' needs (i.g. mint & burn on both chains for native transfers and no locking involved).
ICYM: Battle of Bridges is underway and will end at 21:00 UTC today. Help test and catch the bounties
Had an awesome conversation with @MultiversX's new CMO, @xAdamBates yesterday!
First, you need faith in the product. Then, you craft the narrative.
The product? Unbeatable. ✅
The story? Ready to unfold. 📖
Let’s take it global! 🚀
https://t.co/RFzgaKn6Dn