DNA Staking Round 4 is live.
Following 600 days and 1.9 million DNA distributed, Round 4 allocates 500,000 DNA over the next six months with a target APR of 10%.
There is no magic minting here. All distributions are sourced entirely from market buy-backs powered by ecosystem revenue.
We maintain a strict policy: the volume of DNA purchased by the DAO must consistently exceed the volume distributed.
Real sustainability isn't a narrative. It is our standard.
200+ Improvements And Fixes. The Security Marathon Continues
We've completed a deep review of every internal and external audit submission received for SUPERNOVA, and finalized implementation of all critical fixes and improvements identified, applying them first and foremost to the production mainnet. A new mainnet security advisory will follow next week.
Beyond this release, focus shifts to hardening SUPERNOVA and bringing it above parity with the critical improvements and fixes already battle-tested in production on mainnet.
I’ll state this once again for posterity: expect exploits of every kind to continue hitting networks and open-source projects across the space, until the hardening of foundational protocols is taken as the life-or-death matter it is. Every hour invested in security today compounds, saving real money and invaluable time that would otherwise be lost to bad actors hunting for low-hanging fruit.
P.S. At the end of this week I'm stepping away from X for 2 - 4 weeks. When I'm back, I'll share the SUPERNOVA RELEASE TIMELINE.
2026 is the year of the big reset.
The regulatory map has been redrawn across most of the world, and the financial and crypto environment with it. AI has already rewired how we conceive, build, and ship products, in ways most people are still catching up to. My conviction is that Supernova resets what blockchains mean, and what they can do, for institutions, for businesses, and most of all for the AI agents that are about to become the largest, most demanding users of digital infrastructure the world has ever seen.
Now, the time has come for Sergiu to move on, but he will always remain part of the xPortal / MultiversX swat team. Over almost four years, alongside the xPortal team, he made the product sexier, more useful, and more connected, bringing together ecosystems in a way that has elevated the experience, flow and defining moments for millions of users, on MultiversX and 15 other chains and communities.
One thing in particular I’ll look fondly on is the repeated drive to Cluj close to midnight, with the two of us sitting and talking long into the night about the next moves, the important and crazy ones, that would make xPortal more useful and more loved by its users. A heartfelt thank you to Sergiu, for building, pushing, and refusing to settle for the easy version of life. Go get the June 14th Ironman! Cheering loud from this side.
Shifting to what's next. xPortal enters a new phase.
We've been quietly preparing for this for some time. The team is well in place and in great hands, with a new internal lead stepping up in the role, taking the hard, focused steps the next phase demands. The first milestone of this new phase will be revealed in tandem with the SUPERNOVA GENESIS EVENT.
A moment to upend xPortal's experience, offering, and utility.
Engines are fired up.
Full steam ahead.
> be young dev
> discover the best new L1
> launch staking provider
> live off staking rewards
> build NFT marketplace
> print 10k+ $EGLD from fees
> milk it with "premium" drops
> people get sus
> cry to foundation
> get gifted a launchpad
> raise $900k to make it an app focused on NFTs
> copy a rev-share model on paper
> snipe your own launch
> don't deliver
> token goes to 0
> remove liquidity
> cry to foundation
> launch a memecoin with foundation support
> freeze wallets that sell
> everyone hates you now
> cry to foundation
> launch DeFi protocol
> foundation supports with $
> no users
> token still 0
> cry to foundation
> nothing
> cancel the plans you raised for
> kill the marketplace
> withhold ownership of all collection launched
> people hate you even more
> apply communist rules you just read about thinking its a great idea to fix the hate
> get more hate
GG. WP.
SuperNova is finally here.
Yes, we can say that it is the most advanced, most scalable, probably the cheapest blockchain infrastructure which can execute this amount of transactions, cheapest for validators, for developers, for users.
And it can scale to whatever number it is required. That is the power of sharding.
And now it can be enjoyed with sub second one shot finality. How cool is that?
Rebuilding Elrond, The Great Transition
We are approaching what feels like one of the most trajectory-altering milestones in our brief history. Not just for the network, or for the ecosystem. But for every single person who has believed, built, or simply held on.
Over the past weeks, I've had the same conversation, in different forms, almost every day. Some brief. Some deeply illuminating. But all circling the same gravitational center: what is the thing that recaptures attention, ours and the world's, and puts us back at the frontier?
The first conversation has been with the team. Watching them build this new engine that has emerged, slowly, painstakingly, and then almost at once. There are two ways to look at it. One is technical, studying the system, the code, the architecture, appreciating the years of effort compressed into something objectively and fundamentally better. The second way is simpler, more immediate, almost visceral: execute a simple transaction on “the old MultiversX architecture”. Then execute the same simple transaction on Supernova. If you have the eyes to see it, that moment right there, is staggering.
Observing both, the meticulous building and then the results, that somehow still surprise me. You understand that something foundational has changed, and this time, you can really feel it. This week, we are closing in on the last known bugs, preparing for a final wave of specialized chaos testing before the public battles begin. A refreshing milestone.
To come back to the question, this new Supernova experience provides the first and strong answer. One that reshapes what users, builders, and investors weigh when they look at a project like ours. A new standard for speed. For scalability. For resilience. For what it actually feels like to use a blockchain. This is Supernova.
The second conversation took me through the same point, but from the opposite angle. We revisited the same question with a long-time investor, someone who has been part of Elrond, then MultiversX, through all the seasons. Once I showed him Supernova in practice, something shifted. He saw it differently. So much so that he found this great moment to take the opportunity and add a significant new position to his EGLD stake.
The Elves are, slowly, coming back.
People who have been here for years, the good years and the difficult years, are returning to look with fresh eyes at everything that has been built. While markets have been brutal across the board, taking a close look at this sometimes excruciating progress is humbling.
It opens a different perspective on what now becomes possible.
A good moment to pause. Take a closer look. Test the new experience. Let it become what it was always meant to be: a rebirth.
Supernova.
BingX has integrated the ESDT token standard, enabling MultiversX-native tokens to list without custom integrations, starting with @EmoryaApp.
This opens a new path for MultiversX projects to access new liquidity on the exchange.
Day 1 - A Quest To Rebuild Elrond
2026 will be a quest to take the best of what we achieved and built with Elrond, the vision, the breakthroughs, the scars, the victories, and expand it into something far greater. Pushing beyond known limits. Crossing the frontier once again.
Today, we begin with the very foundation on which everything is built: the network itself.
The time has come to vote for Supernova.
Supernova is the milestone marking a new genesis event. A complete remaking of the entire network architecture from the ground up. This is how we achieve levels of performance, resilience, and user experience that not very long ago seemed impossible to conceive. A network that *works* and *feels* like the future. A network that is instantaneous. Offering a magical experience for users and builders.
This is a turning point. A fork in the road, toward a qualitatively different and better future.
Tomorrow, the Supernova vote begins.
Supernova is entering governance.
On January 8, EGLD stakeholders will vote on the largest protocol upgrade in MultiversX history.
Final preparations are underway.
We’re preparing to initiate the Supernova governance vote on January 8.
This vote asks EGLD stakeholders to approve the activation of Supernova, the most significant protocol upgrade in MultiversX history.
Supernova introduces a fundamental architectural upgrade to the network, building on the Andromeda consensus redesign.
A full governance walkthrough and supporting materials will be published ahead of the vote.
Weekly Development Report as of January 4
#multiversxtech, New Year’s Edition 👇🛠️
A focused look at the most important technical progress shipped quietly over the past weeks across the MultiversX stack.
Soon, the @MultiversX community will be able to bridge $USDC from any @circle supported CCTP V2 chain in one click.
We also support @wormhole across all their available EVM chains and Solana, so tokens like $USDT and others can be bridged.
No more limited options for liquidity inflows.
Whats’s the best yield on MultiversX right now?
Simple answer: @ProjectX_DAO
How to get it?
1. Buy a Subject X
→ In wallet staking
→ ~80% APR in DNA
2. Stake $DNA on xExchange
→ up to 10% APR
3. Stake $EGLD with Project X
→ up to 15% APR (must do 1 + 2)
Same ecosystem.
Multiple yield layers.
All based on real revenue.
Show me a better stack on @MultiversX.
A few raw showerthoughts on MvX/EGLD in 2026
(i.e. things that can 10x/100x EGLD value creation & accrual)
First. Less is more. We intend to be significantly more aggressive and intentional in saying no. 99 of no's every single day, make a big yes truly possible. This is hard to grasp at first, but rapidly compounds once put in action. This is how we enter 2026.
Second. Speed, action, agency and directional alignment matter 100x more in the age of AI. We are prioritizing launching fast. Iterating on a few ideas, bringing them to life, and putting them in the hands of users. Letting users be our thermostat for what's needed, loved and valued. Ideally, I would want us to end the year with one cool milestone launched every quarter. But maybe there is a good possibility to push that limit to one cool milestone every month. Or maybe even faster.
Third. A few (very few) major directional milestones for 2026:
(a) Supernova - this is without a doubt the biggest milestone for the network. A complete reinvention, to put MvX at the very frontier of speed, scalability, and UX. Delivering this, taking it across the line, will be like giving birth to a new chapter for the network. This is our number one priority for the year. Why? Because this changes everything for the network. Capabilities, competitive edge, monetization potential, added value for users, builders and investors. Supernova, makes Mvx once again, objectively, one of the most advanced and competitive networks in the world. For speed, scalability UX (and decentralization/censorship resistance).
(b) Zero knowledge privacy - ZK primitives embedded at protocol level in MvX adds a completely new dimension. Privacy is a foundational necessity for users, and society. ZK is the means to make this a reality. Private EGLD transactions and private smart contract interactions open a completely new set of possibilities for a network that is instantaneous, and remarkable in UX. A money that is uncensorable, private, and programmable, is a money that has substantial expected value. Making this set of properties a viable network reality, marks a material uptick in the value of EGLD itself.
(c) A major focus shift on the app layer - we are moving toward a few, monetizable, and enshrined finance primitives that can generate and accrue material value for EGLD. The big lie shared by many across the crypto space is that you need hundreds of apps, and tens of thousands of builders to succeed big with a network. But the hard and refreshing truth is that you only need *one app* that users truly love, use, and pay for, to break through the ocean of irrelevance and take the network to a new level of attention and adoption. Now, just pause, and think about that for a second. (!) Drastically compressing the application surface space initially, to develop a niche monopoly first, is a rather contrarian bet that can make all the difference. But the immediate and compounding gains in focus, speed, and efficiency could become a surprising turning point. What are those primitives, how do we create or get to them, how do we align and move lightning-fast? This is some good food for thought, that is the subject for an entirely separate post.
(d) AI built into everything - AI has been eating software for a few decades now. But the rate of change at which it happened in 2024 / 2025, and will continue to accelerate in front of our eyes in 2026, will be astounding. I’ve been stating a variation of this for the last 2-3 years now, and we’ve indeed had a number of AI SDKs, AI services and AI applications launched on this front during the last 2 years. 2026, will feel like AI is being gradually merged into everything we are doing. The effects of that will be a 10x-100x improvement in builder market expansion, a 10x-100x improvement in number ideas brought to life, a 10x-100x improvement in time to value (more effective reframing of time to market). Applying AI to lower barriers to entry and increase distribution speed, bring ideas to life drastically faster, and generate more and faster value with them; that is what 2026 and the next years will feel like.
The times are changing. While markets have been especially challenging for everything crypto related, I believe (a) Supernova will mark a new chapter with dramatic shift in UX and performance for the network, (b) privacy embedded at protocol level will open a new set of use cases for users and builders, (c) a few enshrined, monetizable and EGLD aligned primitives will give a new breath of fresh air and focus to the network and ecosystem, (d) AI embedded at every level of the experience, starting with the builder level, will unlock a vastly larger builder market, accelerate number of ideas brought to life, and improve time to value and monetization on them. Executing and shipping to bring these ideas to life, is where we'll spend the year.
It’s 2026. We can just build things. With focus, speed, and intention.
Making them truly accessible and relevant far beyond crypto, to the rest of the world around us.
Supernova!