Beniamin Mincu | MultiversX.com πŸ”₯
Beniamin Mincu | MultiversX.com πŸ”₯

@beniaminmincu

6 Tweets Dec 09, 2022
1/ Big day for Elrond.
The launch of the MEX token is a major step forward for @ElrondNetwork ecosystem.
The first token will be 100% community owned & governed.
Here are the key details about claiming MEX πŸ’£
elrond.com
2/
- The best action to get more MEX is to have $EGLD staked
- Weekly average $EGLD staked & holdings considered based on daily random snapshots
- Daily random snapshots begin starting w/ April 19
- MEX to be claimable in the first half of May
3/ $EGLD snapshot multipliers:
- Staked Validators + queue 1.5x
- Delegated to Staking Providers 1.5x
- Delegated legacy Active Delegation 1.5x
- Delegation Legacy Waiting List 1.25x
- Held in Maiar w/ >1 EGLD + 5 referrals 1.25x
- Held in Web Wallet, Ledger 1x
- Unbonding 1x
4/ $EGLD not eligible for MEX snapshots:
- held on exchanges
- managed by the Elrond Foundation: Protocol treasury
- locked for vesting
- ERC20 & BEP20 EGLD
- old ERC20 & BEP2 ERD
5/ An updated MEX economics proposal will be shared over the next few days.
Bootstrapping of the first Elrond token is an extraordinary moment. Thrilled to share this with the Elrond community all over the world.
Get your EGLD ready. The snapshots begin.
maiar.exchange
P.S. Users will be able to check their MEX snapshot balances starting with Wednesday. βŒ›οΈπŸ’£

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