π₯ Announcing the launch of the $COM token on the #MultiversX network in collaboration with our NFT collection @ComVerse_NFT
π Exclusive staking rewards and much more...
Find more information on our Discord server, invite in the comments section.
$EGLD #EGLD
With @SasuRobert at @BlLife_Forum π€ Covering #DeFi and how it should protect user's investments & establish transparency π
#MultiversX with all our major protocols lead the way.
With $BTC and $ETH available on #MultiversX we have a chain, with everything we need as of today. As we're patiently waiting for further EGLD growth, we can calmly invest into top coins & benefit from the staking/farming π
Currently you get 58% APY for BTC-JWLBTC farm (fully redeemable JWLBTC) and 26% for ETH-JWLETH. All you need to do is bridge BTC, ETH to MVX, mint derivatives by @JewelSwapX and either stake or farm with autocompounding directly.
With BTC, ETH you can also use them as collateral for borrowing stables on Money Market of @HatomProtocol and JewelSwap Global Pool, powered by @UmbNetwork.
Usually we use our top coins as collateral to borrow stablecoins, but now it could even make sense to borrow both ETH, BTC from JewelSwap or Hatom for lower than 5% APY and then farm respectively for >20% APY. Many options nowπ
Welcome to #MultiversX π A perfect way to get started with JewelSwap. We highlight the key features for you & award points for the activity.
Also, everything is fully transparent. You can track the real usage of protocol & with public leaderboard.
At the moment, we're growing >50% on quarter basis and for current #fintech companies, struggling with positive cash flow - it is sadly unheard of...
A shift is here π
#MultiversX DeFi is in a good hands. Umbrella Network is fully compatible with the chain. As an example, the JewelSwap's global lending protocol is built on Umbrella Price Oracle for maximum protocol security. 3 stablecoins and 3 tokens are integrated (>30k $USD available to borrow).
For all aspiring founders, feeling a bit uncomfortable about MultiversX - you should give it a try π
Today $ASH-JWLASH Liquidity Pool reached an ATH with ~313k $USD locked, marking another milestone for #MultiversX. Why is it relevant at all?
Well, demand for ASH continues to grow. There are many reasons, but as an investor, you should be aware that @ash_perp is already on the mainnet for limited access. 50% of fees will go to veASH holders.
As soon as the platform sees trading activity - it should get traction and further build the case for AshSwap as the leading #DeFi protocol. As a result, entering into ASH later will be more expensive.
Though, the actual 16k jump in daily trading activity is probably due to current governance voting. In 3 hours, all farm positions start receiving ~11% of all ASH emissions. In numbers, it is 80k of ASH distributed π
As part as our goal to establish #MultiversX as legitimate player in #DeFi, while having fundamentally different priority - a great UI/UX and onboarding of new users, we are happy to announce our audit β¨
If you think about - it is quite difficult for MVX. It is not a case, where MultiversX presents itself as primarily an alternative finance project & can dedicate all resources to DeFi ecosystem. The total TVL would be higher, but the potential probably worse long term.
Now, the serious teams can still flourish in MultiversX. As the users, we should be proud having this variety of protocols and actually innovate ones: Leveraged farms, LYF, Dual-token liquid staking. As of today all major protocols have undertaken the audits (some more, some are still in a progress).
Though, even audits are not guarantee of the final security. But the experience and expertise in traditional finance is a huge factor. If you have a team with multiple years of SaaS, web3 and finance - how can it fail? It can't π
All solid investments & projects are based on the fundamental value behind it. Though identifying the actual value and omitting all the hype becomes really hard, even in blockchain.
For those who have looked at our team's track record of implementing complex solutions - the success was easily noticeable. Congrats π
Happy for all of your great results!
Due to a popular demand for the stablecoin farms, we've increased the limits for our JewelSwap Leveraged farms.
With all unnecessary memecoins, hypecoins ended, #MultiversX is positioned to be the best chain for the passive income.
Here is an example for the leveraged farm. Displayed position already is in profit within ~2 weeks with APY of 88%.
For others supporting the passive income route, without any unnecessary risk - thanks for supporting the message π
Supporting staking providers from diverse countries further solidifies the goal of #MultiversX - decentralization.
IMHO JWLASH offers great ROI with additional voting rights. 53.72% APY.
For simplicity: 60k JWLASH yields me ~350 JWLASH every 7 days π
#EGLD hits 73 $USD. showcasing 59% growth within 1 month. Though, the actual value of the chain compared to previous average prices (~200 USD ranges) grew substantially more, because of DeFi.
1 year ago, MultiversX did not have such a robust ecosystem, where we directly compete with ETH, SOL, AVAX or Osmosis.
If we would start comparing protocol by protocol, MVX actually rivals the chains & has better interconnections.
I can't tell that it is more mature/established, but the growth trajectory is telling a lot.
We can all agree that the chain became much more than a "niche" European L1 alternative.
The exploration of the #MultiversX ecosystem continues with a project that has brought significant value to our DeFi space.
Letβs discover the @JewelSwapX universe and the many ways it helps enhance capital efficiency ππ§΅
@PulsarTransfer send 0.3 EGLD to 200 reactions
The truth prevails once again π Happy to see the rise of $ASH π Fully deserved π It was always my personal favourite token, and now @ash_swap could be firmly treated as the DEX with highest farms APY on #MultiversX. An example - you're getting 39% APY on $EGLD-JWLEGLD farm.
No wonder @JewelSwapX is actively used to farm through AshSwap, because we boost the farm with veASH for You, so you don't have to lock your ASH π€
Nice to see a great initiative in #NFT space at #MultiversX π
We at @ComVerse_NFT have already moved the funds, and yield ~10 EGLD on monthly basis for all of our holders π
Regarding recent questions raised for @JewelSwapX, here is our summary. Also sharing my thoughts on recent events, elaborating on JewelSwap & why it is so important for #MultiversX as a whole (I haven't done much before, but now I see that it is indeed necessary).
1. JewelSwap always aimed to fill the missing pieces of MultiversX blockchain & never compete with existing top protocols. You may ask how?
Well, during the bear market (now we're entering something new ππ₯), NFTs on MultiversX suffered a lot. To unlock a new utility, we've created a first NFT lending, which already operates for more than 9 months successfully & generating ~15-20% APY and makes NFTs just that much more appealing.
2. Then we've noticed that DEX like @ash_swap did not had that many trading pairs and volume, despite being a genuinely great product. Also, $ASH wasn't utilized fully. Something had to be done. Thus, we've created ASH staking, which started to return ~70% APY. On top of that, we've built the first leveraged yield farming, with maximum ASH boost & auto-compounding. One of the most complex DeFi features, operating already for 6 months without any downtime.
3. Later, we've unlocked collateral looping feature built on top of Hatom, created $HTM and other tokens staking. Also, we created our Gauge feature - allowing all staking providers to vote for the liquid staking protocol EGLD delegation with veJWLASH. Another utility for $ASH, and etc.
If you ask my personal motivations - I can tell you that I just love decentralization & blockchain. By working 5+ years at the top KYC company, building it from scratch with a best team, we indeed made the internet a safer place π But now, we're in the process of making it more fair & allowing anyone to use their knowledge to participate in the DeFi ecosystem.
We're not stopping any time soon. As long as we see that our strategies provide the highest APYs, people successfully utilizing our features & acquiring upmost DeFI knowledge - our purpose flourishes, despite any attempts to drag us down or demolish our efforts, without realizing the consequences of their actions...
We will always be open to work together with the core team, other protocols & listen to your concerns. Peace π
Unfollowed. So sad to see "ambassadors" have 0 actual #DeFi knowledge.
@JewelSwapX brought the biggest DeFi innovations to #MultiversX, contributed heavily to TVL of MultiversX and made the network much more famous. Not a lot of chains have LYF, NFT lending, advanced auto-compounding, dual-token staking. All done internally, without any outside investment / token raise.
If you are not earning, then it is your problem - not ours.
Congrats @HatomProtocol for such a nice growth! π We're happy to assist all $HTM holders at @JewelSwapX by offering highest APY for the token as of today - 13%.
For yield farmers - there is a HTM-JWLHTM farm, with max boost & daily autocompounding.
πHow do we actually bring mass adoption? π€ By putting some skin in the game.
By contributing more than 12,000 $USDC we aim to showcase the strength of AshSwap DEX and @JewelSwapX liquidity pools based on derivatives and EGLD-pegged stablecoin - JWLEGLD. If you haven't tried JewelSwap yet, please do π
Our goal was always to keep focusing on APY and prove that #MultiversX can offer the highest APY without any additional risk, like IL, highly inflationary tokens, etc. We did it π
Now, we offer 18% APY for stablecoins. Unheard of. For #EGLD, you can get 23%.
What's next? Mass onboarding π
Epoch #10 is coming to an end with 266 $HTM ready to be distributed as rewards for HTM stakers. @HatomProtocol is set to reach 100M TVL again & HTM staking still returns 20% APY. Major for #MultiversX β€οΈ
BTW For Yield Farming, HTM-JWLHTM offers ~33%. And yes, it is stablepool :)