Maiar Exchange

Maiar Exchange is the ultimate automated market maker, rearchitecting some of the key elements to build a product that can leverage the entire performance of the Elrond architecture to offer global, near-instant, inexpensive transactions between an expanding suite of assets.

Maiar Exchange will be airdropping free MEX tokens to EGLD holders and various DeFi communities. The first snapshot will be taken on April 19th, 2021, with daily snapshots to follow for one year. EGLD holders will have an allocation of 47.50% of the token supply and UNI, SUSHI and CAKE holders will have an allocation of 2.55% of the token supply. The rewards will be claimable for one month after each snapshot and all unclaimed tokens will be burned.

Step-by-Step Guide:
  1. Hold EGLD, UNI, SUSHI & CAKE in your private wallet or buy and hold EGLD in Maiar App with a $10 cashback to be eligible for the airdrop. You can buy EGLD, UNI, SUSHI & CAKE on Binance if you don’t have any.
  2. A one-time snapshot of UNI, SUSHI & CAKE holders will be taken at a time that will be announced later.
  3. The first snapshot of EGLD holders will be taken on April 19th, 2021, with daily snapshots and weekly distribution to follow for one year.
  4. A total of 47.50% of the token supply has been allocated to EGLD holders and will be distributed as follows:
    • A snapshot of users having EGLD in their private wallet will be taken every day for one year with weekly distribution and a 1X multiplier towards the rewards.
    • A snapshot of users having EGLD in the Maiar App with at least 1 EGLD and five referrals will be taken every day for one year with weekly distribution and a 1.25X multiplier towards the rewards.
    • A snapshot of EGLD stakers will be taken every day for one year with weekly distribution and a 1.5X multiplier towards the rewards.
  5. The EGLD snapshot calculation is based on the weekly average of daily random snapshots.
  6. The rewards will be claimable for one month after each snapshot and all unclaimed tokens will be burned.
  7. The first four weeks snapshots will each have a 5x, 4x, 3x and 2x multiplier.
  8. Details regarding the claim will be announced later. Follow their announcements to see the updates.
  9. An additional pool of 44.95% of the token supply will be distributed to liquidity providers over the next ten years, with five halvings every two years.
  10. For more information regarding the airdrop, see this post.

Don't forget to join our exclusive EmiSwap airdrop!

Estimated Value

n/a

Tokens per Claim

n/a

Max. Participants

Unlimited

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