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Elrond Launches A $1.29 Billion Liquidity Incentive Plan To Promote Maiar DEX
Summary: High-throughput blockchain Elrond announced a $1.29 billion liquidity incentive plan to promote the launch of its Maiar DEX DeFi platform. Rewards will be denominated in Maiar DEX's utility and governance token MEX. $1.29 billion worth of MEX tokens will be distributed to Maiar DEX users who will provide liquidity for EGLD, MEX and USDC. After the ...
High-throughput blockchain Elrond announced a $1.29 billion liquidity incentive plan to promote the launch of its Maiar DEX DeFi platform. Rewards will be denominated in Maiar DEX's utility and governance token MEX. $1.29 billion worth of MEX tokens will be distributed to Maiar DEX users who will provide liquidity for EGLD, MEX and USDC.
After the first month, follow-up incentive plans will continue for the largest DeFi platform users in the ecosystem. Users can also claim MEX tokens based on the liquidity provided through Uniswap, Pancake Swap, or SushiSwap.
Through this incentive plan, Elrond stated that it will create one of the most powerful and fastest liquidity guidance mechanisms in the field.
By Mary Liu
Tags: Elrond,Maiar DEX
Link: Elrond Launches A $1.29 Billion Liquidity Incentive Plan To Promote Maiar DEX [Copy]
