1/ Andromeda: Testnet + Governance vote
https://t.co/YjfxFJu7gJ
Following the public testnet deployment, the proposal for Andromeda (v1.9) protocol upgrade is live for voting.
Open now to EGLD stakers, between Mar 28 - Apr 07.
The first – and only – on-chain 2FA protection in the industry.
Enabling a new security standard, one that can make any #MultiversX wallet practically unbreakable.
Here’s how Guardians work & why 25% of our network daily transactions already take advantage of them.
🟣 UTK 3.0 Tokenomics is in the final stretch! 🟣 Today we take a new major step:
Introducing Guilds (devnet and public testing) 👥
This is the start of a series of upgrades to UTK Metastaking and the merchants ⮂ consumer relationship in the xMoney ecosystem.
Guilds are a next-gen mechanism leveraging staking components to connect buyers with merchants and provide additional benefits beyond standard on-chain rewards.
With it, we’re excited to present a few new concepts:
💼 Guild Masters: guild owners (min. 500K UTK)
Guild Masters' APR is tiered based on the number of UTK in their pool, driving competition to offer the best rewards and attract Guild Members - up to 20% APR.
💳 Guild Members: consumers/holders (min. 100 UTK)
Guild Members' APR is tiered based on the % of total supply staked. As more people stake, the higher the APR - up to 15%.
And this is just a small part of UTK 3.0!
More details, including other unique utilities, will be shared as we prepare for the live release.
Spoiler: Anyone staking UTK will be part of an exclusive DAO holding significant decision-making power.
🟣 Be the first to Guild!
We’re releasing it first on the MultiversX devnet. It’s an environment intended for testing only, where tokens hold no real-world value. Still, it functions as a regular blockchain network where the devnet EGLD version is needed for fees.
To get gas tokens, use the ↔️ Faucet available on the Web Wallet https://t.co/PZGJjptjLL - located on the left side menu, under “Tools”.
Now let’s jump right into the action.
Our testing session will take place on the dedicated Guilds page https://t.co/023lehsy5c.
Here you can connect the same wallet address used during the previous step and request an additional 5000 xUTK. These will be useful for you to go through all the flows.
Recommended actions:
1. Join a Guild
¤ Find all guilds by pressing the “Join a Guild” button
2. Stake 500 xUTK
¤ Now the guild you are part of will start earning rewards for you
3. Claim (rewards)
¤ These go directly into your available balance
4. Restake rewards
¤ These add to your staking position
5. Check data
¤ Make sure everything checks out in the ‘Dashboard’ section
6. Unstake UTK (not all)
¤ Withdraw 50%, leave the other half staked
7. Actions to take later on
¤ We might perform TBA actions that will also include the Migrate functionality during this testing round
8. Feel free to play around & report any issues
¤ The devnet environment will be up for 2 weeks
For swift bug reporting or other inquiries, you can join our telegram channel https://t.co/p2qxu8dPI9
🙏 Thank you all for making the Guilds system ready for real-world scenarios.
Test and share your feedback with us!
Big reveal🚩So far the best crypto X meme that someone sent to the #EGLDSqueeze community Telegram 🤣😅😂 lmao. It explains everything about what's going on with #SOL#ETH#EGLD & #BTC. Everybody who holds any of these coins should see this one! It's crazy 😱🚨
🚨 New release alert!
#xPortal just got a major upgrade: You can now connect to ANY @ethereum dApp that supports @WalletConnect !
From now on, explore the vast Ethereum ecosystem without boundaries.
INTRODUCING...
The "Building Blocks" Grant Program
Empowering projects and builders by scaling transaction volume
🧱⚡️🌱
After the recent launches of our Quest Portal and the Community Grant Program, we are excited to announce another initiative supporting builders and contributors on MultiversX: The Building Blocks Grant Program.
With direct support from the MultiversX Foundation, Building Blocks aims to empower builders and projects by covering gas fees and enabling them to scale their blockchain footprint during the early stages of growth.
Building Block Grant Program Overview
🌱 Grant Size: Up to $2,000 (in EGLD) per project per month. Up to 10 projects will be selected for an initial duration of 6 months.
⚡️ Purpose: Cover the gas fees (beyond their current volume) incurred by projects’ increased transactions.
🧱 Eligible Recipients: Builders and projects with a proven track record of delivery on MultiversX.
Goals and Objectives
The Building Blocks program is designed to accelerate growth in the MultiversX ecosystem, support builders in scaling their businesses, and encourage innovative experiments that utilize the MultiversX infrastructure to its fullest potential.
Additionally, it aims to demonstrate @MultiversX’s capacity for high performance by significantly increasing on-chain metrics and encouraging new experiments.
Find more information on the program and how to apply article below.
Starting today, let's kick off community YOLO marketing (Day 1) of #EGLDSqueeze (#MultiversX), inspired by the #GameStop and @TheRoaringKitty, @wallstreetbets movement.
Let's actively promote and educate everyone from other chains on @X and #Reddit 24/7 about why we LIKE the COIN #EGLD.
The ultimate goal is to squeeze out all the short sellers and bears and educate people on why #MultiversX is the best (PoS) - L1 for the next 10 years ahead of #ETHEREUM (#ETH), #SOLANA (#SOL), and other chains in all aspects. We need to start adding people to our army.
Let's educate people from #Solana (#SOL), (#NEAR), #Avalanche (#AVAX), #Toncoin (#TON), #Cardano (#ADA), #Polkadot (#DOT), #SUI, #BNB (#BINANCE), and other chains. Let's be the loudest, most active, and most persistent of them all.
Why is this fight important?
We are fighting against chains heavily overinvested by VCs and centralized, where wealthy individuals pour billions of dollars.
We don't need VCs' money to defeat them because we have the best L1 technology that can scale up to 10,000,000 TPS+ (unlimited just by adding shards) and maintain decentralization & zero downtime while having the best modern design UI/UX for everyone in the ecosystem, not just tech enthusiasts.
We can triumph over VCs, wealthy individuals, hedge funds, and big investment companies that manipulated other chains' prices and shorted #EGLD to protect their interests. Let's build a strong community and movement.
Let’s make this Day 1 of #EGLDSqueeze one that everyone will remember!
PS: I've also created a group on Reddit so anyone who wants to contribute to this movement can join. Let's start by creating memes and generating hype today!
STOP with #FUD & #HATE in our community. Start educating others. NOW.
Additionally, every day our company plans to purchase at least 700 EGLD, and by the end of the year, we aim to invest at least an additional $3 million. So what I'm saying will be backed by actions, not just words.
Apes don't rely on what the @MultiversX team will do; they're here to write code and develop the best technology. Apes are responsible for marketing! $EGLD is ready to go at least 100x higher.
#SOL is 84.11 times more expensive than #EGLD, with a market cap 84.11 times larger. EGLD excels in every aspect, surpassing Solana as a true L1 that requires no L2 and ensures zero downtime.
#EGLD also has better tokenomics than #Solana and other chains because it has a fixed limit on the number of coins, making it a scarce asset like #Bitcoin (#BTC). This limit helps maintain the coin's value and restricts new coin issuance. EGLD is true internet gold.
Please note, these are personal views and not investment advice. Invest wisely based on your own financial situation. #DYOR.
#EGLDSqueeze (100x) is inevitable, because
Apes together, STRONG!
https://t.co/xId1TCbIp2
Today, we bought 1201.02 EGLD at an average price of $29.39. Let's heat up and get the #MultiversX (#EGLD) ecosystem moving a bit!
Each of you already knows that we have fully implemented sharding, unlimited scalability up to 10,000,000+ transactions (just by adding shards), and our ecosystem can support any dApp or game. Everyone already knows that MvX has what #SOLANA and #ETHEREUM cannot achieve because they are unable to solve sharding, and that's why they will resort to L2 solutions, which have no future. But I need you to start spreading the word with me! We won't rely on the MvX team to start marketing.
We'll start doing it organically, together! Let's start with this as day one, when the community begins to take responsibility for marketing itself!
If you want everyone to know that MvX is 10 years ahead in every aspect, you need to start doing something with me. We'll begin by supporting each other: liking, retweeting, and commenting to boost the Twitter algorithm so our posts get more visibility among communities like #SOLANA (#SOL), #ETHEREUM (#ETH), #CARDANO (#ADA), #BINANCE (#BNB), #XRP, #AVALANCHE (#AVAX), and others.
Let's support @SasuRobert as much as we can in his conversations, where he discusses technology and matters around #sharding and educates other developers, etc.
1/9) Stop saying that sharding is too hard or impossible
When several cryptocurrencies have succeeded in implementing this technology today
Solving the scaling trilemma by achieving massive scale while preserving decentralization
Let me explain; using EGLD as a living example: