JUST IN: Cardano Founder to work with Trump Administration on crypto policy in 2025 🇺🇸

Let's have a call sometime @beniaminmincu

Speaker Announcement 🎙 We're thrilled to announce that @xAdamBates, CMO of @MultiversX will be speaking at #BWB2024 !👏 #BWB #BWB2024 #MutiversX #xDay #Blockchain #network

Crypto is joining forces to push innovation. Cardano x Multiverse x Algorand x Hedera could work together to push U.S. Policy to promote innovation. My full interview with Charles Hoskinson linked below. ADA governance, Midnight Airdrop, and U.S crypto policy.

Welcome to the fam, Adam!

Had an awesome conversation with @MultiversX's new CMO, @xAdamBates yesterday! First, you need faith in the product. Then, you craft the narrative. The product? Unbeatable. ✅ The story? Ready to unfold. 📖 Let’s take it global! 🚀 piped.video/IMwWcEWkn-Q

Arbitrum (ARB), Sei (SEI), Aioz Network (AIOZ), MultiversX (EGLD), Helium Mobile (MOBILE), and Stader (SD) are now available to New York residents on coinbase.com & in the Coinbase iOS & Android apps.

It starts tomorrow ⏳

🇺🇸 NOW: Potential US created cryptocurrencies could be included in a national reserve, advancing digital asset integration.

Last week in $EGLD 🌏 🧲 Large-scale on-chain activation via @looty_fi 🛍️ 20% cashback for purchases via xPortal & @Inspir3NFT 📡 MultiversX-API v1.9.1 release 🎢 @_AI_Nexus advances on xLaunchpad 🛠 Weekly #multiversxtech 🗳 xExchange governance votes ongoing 🔍 Rust SC development and testing 101 ✍️ @lucianmincu interviewed by @theblockopedia_ ⚡ Podcast snippet: near-endgame network performance 💱 @xPortalApp on-ramp for 30+ new tokens 🧪 xExchange experimental label removed ❄ @xMoney_com 10% off on payout fees in December 🙌 Ecosystem highlights: @Sheltersfinance • @xAllianceDAO • @Longin_X • @michavie_ • @mms_Blockchain • @SasuRobert • @Justin_Bons 🌎 @MultiversX 3.91M accounts • 461M transactions • 16.3M staked 📲 @xPortalApp 1.5M+ users • 117K users stake $EGLD ⚡ @xExchangeApp $89 Million TVL • $23 Million USD 7d volume 📰 Media mentions @binance • @kriptokoin • @theblockopedia_ • @DutchCryptoTalk • @finbold • @CaptainAltcoin • @coin_gabbar_

Slowly, then suddenly. 6.5M+ Total Accounts 2.4M+ DAU 3.3M+ Transactions And counting...

Today, October 21, 2024, at the Victoria Palace, was the official launch of the "Agerpres Daily News | Hold History", initiated by ICI Bucharest and @agerpres , with the support of @researchgovro . More info: ici.ro/en/events/ici-buchare… #NFT collection: nft.ici.ro/agerpres-daily-ne…

Ex-SUI Foundation Managing Director Greg Siourounis Named xMoney Global Co-Founder and CEO to Drive MiCA-Compliant Stablecoin and Payments Program Shifting market conditions and new ambitions for xMoney Global, the cross-border, inter-bank and unified crypto/fiat integrated payments platform, has created the opportunity for a completely new leadership, growth, and product strategy. To lead the charge, Dr. Greg Siourounis, award-winning economist and experienced business leader, will join the company as Co-Founder and CEO. His immediate target will be to focus on strategic deals, regulatory alignment, and market expansion, as xMoney Global looks to build a comprehensive payments platform that bridges legacy financial systems with the potential of decentralized finance. Serial fintech entrepreneur and renowned economist, Dr. Greg Siourounis brings a vast experience spanning over 25 years of leadership and board roles in various major tech, VC, as well as Managing Director of the Sui Foundation. He also co-founded Cenobe, a cybersecurity service provider, and EveryPay, a fully licensed payment service provider, regulated by the Bank of Greece. As an economist and academic, his work has been referenced in the 2024 Nobel Prize in Economics, while also being recognized, among other accolades, with the 2005 Young Economist Award from the European Economic Association and the 2008 Austin Robinson Prize from the Royal Economic Society. As the digital landscape continues to evolve with the coming #MiCA regulation, xMoney Global, a Mastercard principal member, with strategic European licenses, such as e-Money and VASP, intends to lead Europe’s upcoming EU-regulated stablecoin era. Stablecoins are a key driver of blockchain adoption in today’s market, already surpassing Bitcoin, remittances, and PayPal in annual transaction volume. Dr. Greg Siourounis will lead the integration of xMoney's advanced blockchain-enabled payments infrastructure with its upcoming stablecoin product. “With Europe preparing to embrace MiCA regulation, xMoney Global is positioned to redefine what compliant, secure, and seamless digital payments can be.” said Dr. Greg Siourounis, xMoney Global CEO. “Our goal is to deliver a solid and trusted ecosystem that combines the strengths of traditional finance with the flexibility of blockchain technology to create a future-ready payment experience.” The launch of #xMoney Global aims to offer a next-gen blockchain-as-a-service module backed by its native stablecoin, with key white-labeled services including acquiring, issuing, onramps/offramps and a sticky loyalty program, all backed by MultiversX’s state-of-the-art sharding technology. @beniaminmincu, Co-founder of @MultiversX Foundation, said, “The frontier of payments is being expanded in ways that only recently were made widely possible. Blockchains open the door to direct financial interaction between any party, even cross-border, while MultiversX makes these transactions near free and instantly settled. Very excited to bring this to the people by working hand-in-hand with industry veterans like Greg.”

Donald Trump's @worldlibertyfi DeFi project has two Romanians on its team: Octavian Lojnita, serving as Blockchain Lead, and Bogdan Purnavel, as Lead Developer. It might be worthwhile for @beniaminmincu to connect with them—if he hasn’t already—to explore the idea of bringing #MultiversX on World Liberty DeFi platform.

1 week later, +1M 🔥

Sharding. It's just as cool as it sounds. It enhances blockchain scalability. Here’s how ⤵️ academy.binance.com/en/artic…

Taking the friction out of self-custody: seamless onboarding, robust protection and feature-rich tools for everyone.

Full Shard: Episode 1 3 voices, real talk, unfiltered takes, candid laughs and some spicy bts insights. We're diving into crypto, the MultiversX transformation, FTX, AI, Trump and more.

This is perhaps the most emotional and raw speech I've ever given. Thanks to everyone for giving me an opportunity to share my passion, vision, and love with you all piped.video/0EVY2dIhP9g?si=xP84…

0/ On MultiversX, its future, and taking the lead A thread, some fresh thoughts and perspectives. 🧵 – grab a ☕ of tea or coffee, it’s a bit longer than a tiktok vid –

Sending money abroad is slow. Thankfully, crypto moves at the speed of concerned parent.

Introducing... @Pell_Network! A network with 450k+ users and ~$500M TVL that's building $EGLD & $BTC Restaking. Backed by Mirana Ventures, Paper Ventures, Bybit, and 60+ other partners. Launching on @MultiversX. 🧵👇

Sit down, please. Disruption incoming 💥 xPortal has acquired @alphalink_xyz, a Berlin-based Web3 startup simplifying crypto and financial investing. But there’s way more 👇 cointelegraph.com/press-rele…

MultiversX Growth Games ON 🟢 $1.5M in grants and investments to develop and deliver using the full power of blockchain and AI. For existing ecosystem teams and break-through builders to join. Applications are open: multiversx.com/growthgames

First $USH issuances, integrations and on-chain activity. A launch with major benefits at ecosystem level — amazing work and execution from the @HatomProtocol team.

Meet AI.dam Bates 🤖✨ - the tireless AI agent for @xAdamBates! Available 24/7, he's on a mission to promote #MultiversX, educate newcomers about blockchain, and onboard users with ease. Say hi to innovation at work 👋 #AI #Blockchain

Big moment for MultiversX. Native stablecoin. Fully overcollateralized and transparent. Built on-chain for DeFi @HatomProtocol goes live with $USH on March 3. Here’s why it matters 🧵👇

#MultiversX townhall, translated to Korean 🇰🇷 training the AIs every day with new ideas haha. 안녕하세요, 한국!

State of @MultiversX Q3 Key Update: MultiversX's Spica upgrade introduces Passkeys and Relayed V3, enhancing security and transaction efficiency across the network. QoQ Metrics 📊 • DeFi TVL (EGLD)⬆️23% • New NFTs⬆️77% • New smart contracts⬆️49% Read the full report 🔗 messari.co/41fd5Md

Meta transactions 3.0: Upgrade your app's gasless experience and *save an average of 70% in costs*. The new version is being released today.

🚨 xLondon Aftermovie 🚨 💡 Minds united, ideas shared 🤯 Brainstorms turned into breakthroughs 🌐 Partnerships that push #Web3 forward 💜 A united Community sharing one vision Relive the magic. Feel the energy. Join the journey.

@CoinbaseIntExch will add support for Axie Infinity, Tezos, and MultiversX perpetual futures on Coinbase International Exchange and Coinbase Advanced. The opening of our AXS-PERP, XTZ-PERP, and EGLD-PERP markets will begin on or after 9:30 am UTC 6 FEB 2025. $AXS $XTZ $EGLD

Dive deep into the MultiversX universe. Multiple perspectives, a comprehensive look, and insights from top-tier community contributors. AI-ready Infrastructure, an @Astrarizon Research Paper. 👉 astrarizon.com/blog/multiver…

$EGLD welcomes Bateman

You can have the best product in the world, but if you compromise your ideas before delivering, it’s all in vain. Full Shard Podcast | Episode 1: Just Do It

Last week in $EGLD 🌏 🇺🇸 MultiversX represented at the Trump Crypto Ball 📊 Ecosystem data on @DappRadar 🇹🇷 2nd cohort of the Rust Bootcamp 🛠 Weekly #multiversxtech ☁ Cloud Partners overview 🇨🇭 Lucian Mincu at @cfcstmoritz Conference 📺 On-chain video series: MultiversX herotags 📲 @xPortalApp top gainers, interactive graphs & watchlist 🎟 xLaunchpad Lottery tickets for @Pell_Network restakers 🙌 Ecosystem highlights: @patika_dev • @QoWattEcosystem • @Veroc_Daniel • @chain_broker 🌎 @MultiversX 6.81M accounts • 484M transactions • 15.6M staked 📲 @xPortalApp 2.5M+ users • 110K+ users stake $EGLD ⚡ @xExchangeApp $57 Million TVL • $14 Million USD 7d volume 📰 Media mentions @thecryptobasic • @blockchainrptr • @99BitcoinsHQ • @finbold • @thebittimescom • @TurnulSf

We have joined the @MultiversX ecosystem as a validator and ecosystem contributor to leverage synergies between MultiversX and us, its blockchain network including development tools such as Sovereign Chains, and our 540+ portfolio companies. buff.ly/41wsvLC

The most advanced AI model in the WORLD knows @MultiversX is #1 in tech Asked it one question… “What are the most advanced blockchains in terms of tech?” @grok knows

Top-tier strategic collaborations with @googlecloud, @awscloud, @tencentcloud & @alibaba_cloud. Discover their expansive toolkit available on MultiversX, for streamlined onboarding and a powerful developer experience. multiversx.com/blog/multiver…

✅ Integrate Eliza and Virtual "AI agent minds" in early January ✅ Give them 3D bodies and a playground in AI Nexus ✅ Celebrate when @MultiversX announces the official integration of the ElizaOS framework

Hey, @xAdamBates, we got something nice for you. Take it, it’s yours, from the @BoberonMVX community with love 🔥

With #MultiversX guardian you could print your seed phrase on a billboard in Times Square, and your $EGLD would still be safe. 🛡️

A conversation on where we are, what's happening next and some signals for the road ahead. With @beniaminmincu & @DBCrypt0. 📅 Tomorrow | 3PM UTC

🎥 #MultiversX in Action: Real-Life Use Cases! From reshaping industries to solving real-world challenges, this panel showcased the transformative power of #Web3 🌐 All happening here at xLondon 🇬🇧

Assembling the Web3 Avengers team 🦸‍♂️

Initiating FebruAIry... 🤖

New on-chain layer, powered by the @ElizaOS_ai framework. First step in embedding intelligent and dynamic workflows directly into the open internet. Via autonomous AI agents. Now live on MultiversX. multiversx.com/blog/blockcha…

Here's an outstanding individual community contribution by @gfusee33 — SpaceKit. MultiversX is now the first Swift-capable blockchain, opening smart contract development to millions of developers worldwide! Created by Apple, Swift was designed to be anyone's first programming language. Merging ease of use and expressive features for compact and safe code. Swift follows Rust as the second popular programming language fully supported on MultiversX. It's our shared ecosystem mission to help developers start building blockchain apps using the languages they already know and love. Read Quentin's launch post for a top down overview with starter resources and follow his account for ongoing updates on SpaceKit!

.@SaitoOfficial has just rolled out support for $EGLD. Integrated in several key network apps from day 1.

.@DappRadar is now tracking MultiversX's dApp ecosystem data. Find what network sectors drive user interest, most popular apps by smart contract activity and other relevant analytics on their platform.

Hack the AI before AI hacks us 🤖 → MultiversX /AI_MegaWave hackathon → Global online competition, Feb 12 - Mar 7 → Bootcamp learning week, agent kit → up to $150,000 in prizes, 3 tracks Registrations OPEN. Full details in the tweets below ↓

#MultiversX townhall, translated into French 🇫🇷. still far from perfect, but get's the message across. bonjour la France!

AI's BEST KEPT SECRET is Blockchain! Discover why MultiversX is the #1 chain for AI Also, why @_ai_Nexus and @Ta_da_io are leading the way! piped.video/CtnpGmdz_9U

"How to buy crypto" google searches just hit an all-time high. This is the first ATH in 4 years. Retail is coming back🥂

Distribution is king 👑 A1X is live, fusing cutting-edge AI with Web3 innovation 🚀 From immersive worlds to dynamic campaigns, @_AI_Nexus empowers creators and businesses to bring ideas to life—all backed by MultiversX and $EGLD ⚡ This isn’t just the perfect tech marriage; it’s our path to limitless potential. 🤯 Join AI Nexus today! 🤝

MultiversX tech + AI first web3 products making the news 📰

gm gm. high energy day. getting ready to share some important updates we haven't touched on yet. i) what we do well and what changes today ii) key people joining the team iii) clear strategies to win see you all at 15:00 UTC. 🫡

the most effective onboarding happens peer-to-peer. when she arrived at the Collabathon, Chelsea had literally no idea what blockchain was. yesterday, she explained supply chain use cases to leaders from the hospitality industry at a dinner event in NYC. go tell your friends.

Ship baby, ship. 🔥🛠️ 3 March -- USH goes live. A defining ignition phase for the MultiversX & EGLD DeFi ecosystem begins. Key components are locking in, momentum is accelerating. Big respect for the @HatomProtocol team. More liquidity. More volumes. 🐂🐂🐂

Nodo is an emerging prediction market platform that uses blockchain to cut out the middlemen and provide open access to event outcome forecasting. Expanding on-chain tokenized markets, with MultiversX support currently in development.

Can a blockchain platform actually make Web3 feel welcoming to everyone? @MultiversX's design brilliance is proving it’s possible. This is a UX/UI and branding analysis into how they're setting new standards in user experience on their website 👇 ---- 1. Smart user segmentation that just works Right from the start, MultiversX shows they get it. No confusing menus here: whether you're an individual user or a builder, your path is clear. Each segment gets its own journey, with targeted solutions that speak directly to their needs. 2. A promise that delivers "Fast, secure, and green" isn't just marketing speak here. You can see it in action on: ✅ brand colors that subtly reinforce security; ✅ a different shade of green highlighting sustainability features; ✅ quick, custom animations that make speed tangible. Every promise is backed by thoughtful design choices that make you feel it. 3. Building trust through transparency This is a class on how using certain elements creates reliability. They show us a lot of real results displayed as social proof; comprehensive company insights; detailed service breakdowns and team faces bringing humanity to tech. 4. Design that makes you want to stay My favorite part 🤌 they use a versatile sans-serif font that guides your eyes effortlessly, stunning aesthetics with planets and orbits combined with holographic 3D elements 🤌  and colors that dance together in perfect harmony. I love it!! ---- The magic of MultiversX lies in how effortlessly it all comes together. It's a platform that proves blockchain tech doesn't have to feel cold or complicated. Every element, from the cosmic visuals to the intuitive user paths, serves both form and function. This isn't just good Web3 design. It's good design, period. 10/10 ⭐

ANNOUNCING... The xAlliance Creator Fund Our new fund will empower talented content creators to showcase the power of the @MultiversX blockchain through engaging and educational videos, driving community engagement across various media platforms. Full announcement below! 🔽

Why I’m Betting BIG on #MultiversX (And You Should Too) Discover @MultiversX path to mass adoption and why it is built for success! 🚀 piped.video/fOjMJ7_SgwA

🔮 From Bull Market to Mass Adoption: The Next Wave of Crypto Innovation Crypto is breaking new ground 🚀! As institutional engagement and user adoption hit record highs, the big question is: How does this bull cycle drive real-world blockchain usage? 🎤 Our Expert Panel: - @0xBuilderNerd - COO and Co- Founder @Official_NODO - @xAdamBates- CMO @MultiversX - @mathendu_ke Marketing Manager - @BitgetAfrica - Chris S, Partnership Manager @MTP_Network - Vins, Global User Growth Manager @bbq_coin 📅 Date: Nov 21, 2024 ⏰ Time: 7:30 PM SGT | 11:30 PM UTC 📌 Set your reminder : x.com/i/spaces/1BRJjwrwjBoxw This isn’t just another bull cycle—this is crypto’s defining moment. Don’t miss out!

Scalability (or lack of) is suddenly back on the menu this week then🧐 I can work with that! Lets have a little warm up dance before the real party starts this season 🥳 👀

1/ Three of the hottest narratives in Web3 converge into one amazing project: @_AI_Nexus 🔥 Combining the power of AI, gaming, and virtual worlds for the ultimate social app This is one you probably don’t want to miss, so let’s dive in and see why ⬇️

You may not know who or what @MultiversX is now but you certainly will soon Ignore price for just a second and take a minute to understand what they have built There is not another project in Web3 as undervalued as $EGLD

🚨 Protocol Update #10 After an intense sprint over the last few months to deliver what we believe will be the most impactful product on #MultiversX, we are thrilled to announce that USH will go live on the Public Mainnet on March 3rd. A countdown has started on our website to track the time remaining, and we encourage everyone to prepare for this pivotal launch. Before diving into the key aspects of this announcement, we want to clarify the launch timeline. While USH is fully prepared for deployment on the Mainnet, we experienced a slight delay due to the development of Booster V2. To bring Booster V2 to life, an integration with @xExchangeApp was required. This integration involved changes to the @xExchangeApp smart contracts and presented significant complexity, requiring additional time for the @xExchangeApp team to ensure everything functioned correctly. Booster V2 relied on this integration, as without it, users staking LP tokens via external smart contracts (such as Booster V2 in our case) would no longer earn rewards generated through Energy. After working very closely with @xExchangeApp team which was very responsive, we are now pleased to announce that the integration has been successfully completed, and Booster V2 development is now fully finalized. However, while an initial audit of Booster V2 was conducted prior to the final integration, our standard procedure mandates that all code be re-audited before release. A new audit of the updated code, reflecting the recent integration, is currently underway with @arda_org and is expected to conclude by 15 February. Updated Timeline Following the Delay: • 31 January: @xExchangeApp will deploy all updates on Mainnet, requiring peer review and testing by our team. • Audit Phase: The ongoing audit is set to conclude by 15 February. • Review & Fixes: At least one week will be dedicated to reviewing audit findings and implementing any required fixes. • Final Deployment: An additional week will be reserved for deploying all protocols to Mainnet, ensuring full readiness for the 3rd of March, when community participation begins. We appreciate everyone’s understanding and patience! Moving forward, here’s what you should do to ensure you’re ready for the launch: •If you haven’t staked $EGLD through Hatom yet, we recommend planning ahead. Unstaking EGLD requires a 10-day cooldown period, so make sure your EGLD is ready before the Mainnet release. However, you can still earn staking rewards by holding your assets as $sEGLD, even if you initiate the unstaking process early. • For those already using our Liquid Staking Module, no action is required; your $sEGLD can be used directly in the Isolated Pools to mint USH when the protocol launches. • To mint USH with $TAO, bridge your assets to the #MultiversX ecosystem via the TAO Bridge: wtao.com Why Participation Matters? Participation in this launch is critical, as deep liquidity will create a robust ecosystem that drives adoption and solidifies the infrastructure we’ve built. USH will serve as the backbone for existing and upcoming DeFi projects on #MultiversX, paving the way for mass onboarding and aligning with #MultiversX’s foundational vision. The DeFi primitives we’ve developed together over the years will support the ecosystem’s acceleration phase, and it’s up to all of us to engage and help shape the future of our chain. One of the most important steps is to provide liquidity by pairing USH with your preferred assets, whether stablecoins (e.g., $USDT, $USDC) or volatile assets (e.g., $EGLD). You’ll be able to stake your LP tokens in the USH Staking Module to earn higher yields, while simultaneously earning trading fees and DEX farming incentives, all while contributing to USH’s stability. In addition to USH, Booster V2 will also debut on the Mainnet, bringing enhanced capital efficiency, improved yield opportunities, and a stronger role for HTM in driving fairer revenue distribution for all Hatom users. While Booster V1 served as a foundational prototype, V2 will transform the landscape into a competitive battleground for maximizing yields. Here is a quick recap of both products and what you can expect: Hatom USD (USH) USH is the first native and decentralized stablecoin designed to address one of the biggest challenges in the #MultiversX ecosystem: the lack of stablecoin liquidity, which undermines our sovereignty. Currently, liquidity is mainly sourced from wrapped stable assets, with limited on-chain opportunities for users. USH seeks to resolve these issues by introducing a transparent and robust over-collateralized stablecoin. This innovation not only tackles liquidity constraints but also unlocks new yield and arbitrage opportunities for everyone while driving increased on-chain activity. Enhanced activity and demand could also potentially pave the way for the integration of native centralized stablecoins, provided on-chain metrics improve and become more attractive to such entities. USH relies on multiple Facilitators that ensure its minting and burning, each one of them with its distinct features: Lending Protocol USH can be minted directly through the Hatom Lending Protocol using any supported collateral at a fixed rate, with minting rates determined by the discount factor of each asset. More liquid and stable assets offer better rates, providing users with flexibility and cost efficiency. The current minting rates are as follows: • Wrapped USDC: 10% • Wrapped USDT: 10% • Wrapped BTC: 15% • Wrapped ETH: 15% • UTK: 15% • HTM: 15% • MEX: 15% During the initial phase, minting USH through the Lending Protocol will exclude $EGLD, $sEGLD, $wTAO, and $swTAO, as these assets are exclusively supported within the Isolated Pools Facilitator. However, future iterations are planned to expand the Facilitator's capabilities to include $sEGLD and $swTAO. Since Hatom's deployment, the high demand for stablecoin liquidity in the ecosystem has caused lending and borrowing APYs to frequently exceed 25% for both $USDC and $USDT. With the introduction of USH, a significant market shift is anticipated: • Borrowers are expected to transfer their $USDC and $USDT debts into USH to benefit from more favorable rates. • Suppliers may borrow USH and swap it for $USDC or $USDT to take advantage of higher lending APYs in those markets. To ensure a smooth deployment of USH, borrowing APYs will be dynamically managed for both $USDC and $USDT during the initial launch phase to achieve an optimal balance. This approach aims to maximize protocol revenues while maintaining the competitiveness and appeal of USH borrowing. Once this balance is achieved, borrowing interest rates will remain fixed at the specified rates, unless governance decides otherwise based on market dynamics, as seen on other chains. This adjustment period is expected to last only a few days after the Public Mainnet launch. Arbitrage opportunities between the USDC/USDT money markets and USH Facilitators are anticipated to resolve quickly, leading to a natural equilibrium that stabilizes borrowing rates. Isolated Pools Through the Isolated Pools Facilitator, users can now leverage their assets and mint USH without paying any minting fees, regardless of the amount minted. This innovative approach was designed to provide users with increased opportunities and enable more efficient DeFi strategies. This Facilitator supports $EGLD and $wTAO as primary collateral but also allows users to supply their liquid staking derivatives, $sEGLD and $swTAO, directly. When these derivatives are deposited, the protocol automatically converts their value into the corresponding native tokens ( $EGLD or $wTAO) at the prevailing rate at the time of deposit. This conversion ensures users benefit from stable liquidity while the protocol generates rewards on the provided collateral through Liquid Staking and the Lending Protocol. In addition to the two primary facilitators available to all users, we have developed Partners Isolated Pools to enhance USH stability and create more arbitrage opportunities. These pools are exclusively accessible to Hatom’s whitelisted partners. Through this Facilitator, partners can mint USH with the condition that they pair it with their native tokens and provide liquidity on exchanges. This not only deepens on-chain liquidity for USH but also strengthens liquidity for their native tokens, reducing reliance on $EGLD prices and fostering independent markets for their assets. We are excited to announce the first projects leveraging this Facilitator to strengthen their ecosystems: • @xExchangeApp: Creating the USH-MEX LP, with an LP size of $400k • @foxsy_ai: Creating the USH-FOXY LP, with an LP size of $300k • @xMoney_com: Creating the USH-UTK LP, with an LP size of $110k • @ash_swap: Creating the USH-ASH LP, with an LP size of $100k According to our latest estimates, the supply and minting cap for our partners will be as follows: • @xExchangeApp: $200k USH mint cap $1M MEX supply cap • @foxsy_ai: $150k USH mint cap $750k Foxsy supply cap • @xMoney_com: $50k USH mint cap $250k UTK supply cap • @ash_swap: $50k USH mint cap $250k UTK supply cap Partners can mint USH at a 0% minting rate through this Facilitator; however, the minted USH must remain over-collateralized at all times. Accounts that fall below healthy collateralization levels will be subject to liquidation. As outlined above, the supply and minting cap for each partner is fixed and predefined based on their existing liquidity and specific risk parameters, ensuring a highly conservative approach. Any adjustments to these parameters will require governance approval. Another facilitator created exclusively for our partners is the Stablecoin Facilitator, a private mechanism designed specifically for whitelisted partners. It enables them to mint USH by depositing $USDC or $USDT at a 1:1 ratio. The deposited stablecoins are used to provide liquidity on exchanges, helping partners build more robust and efficient stable liquidity pools. This Facilitator ensures smooth and rapid on-chain arbitrage opportunities, enhancing the overall stability of the ecosystem. Currently, this Facilitator is exclusively whitelisted to the @MultiversX Foundation and the @ash_swap team, as they manage the majority of the existing USDC-USDT liquidity pools. This setup facilitates the transition to USH-USDC and USH-USDT liquidity pairs, significantly increasing liquidity from day one and establishing a strong foundation for USH’s adoption. All the facilitators' metrics will be available on the Market page, giving full insights and transparency about every aspect of USH backing. USH Staking Module The USH Staking Module serves as the utility hub of the USH ecosystem. Users can provide liquidity for any $USH trading pair on supported exchanges, and then stake their LP or Farm tokens in this module to earn passive yield on their positions. By incentivizing liquidity provision and staking, this module ensures deep and sustainable liquidity for USH across multiple exchanges, fostering a thriving ecosystem for arbitrage and trading. All rewards are distributed directly in $HTM, with yields sourced organically from the revenue generated by USH’s various Facilitators. These rewards are allocated and subject to the Booster in the USH Staking Module. The USH Staking Module introduces a tiered yield structure designed to accommodate diverse user preferences while incentivizing early participation: • Staking APY: Enables users to earn passive income on their holdings without requiring $HTM staking in the Booster. • Base Booster APY: Achieved by staking $HTM in the Booster, equivalent to a certain percentage of the total dollar value of your LP/Farm tokens. • Extra Booster APY: Unlocked by staking $HTM above the Base Booster threshold. This yield is distributed proportionally based on the size of your HTM stake and the liquidity you have deposited. To drive immediate growth of $HTM at launch while ensuring the smooth adoption of USH LPs, the Staking APY will follow a phased deployment similar to Booster V1 during Hatom’s inception. Initially, a portion of rewards will be distributed without requiring $HTM staking, providing an easy entry point for new participants. However, this phase will transition rapidly, with rewards without $HTM staking being deliberately limited and phased out shortly after launch. This accelerated transition ensures that participants are encouraged to acquire HTM early, driving its adoption and allowing users to quickly experience its full utility and benefits. By the end of this brief introductory phase, all USH Staking rewards will be tied to HTM staking through the Booster, establishing HTM as the cornerstone of the system. For participants who do not yet hold HTM, this early system is designed to also help them accumulate it. The protocol leverages its revenue to purchase HTM directly from the open market before distributing it as rewards in the Staking Module. This mechanism supports HTM’s market value from the outset while enabling new users to build their initial HTM holdings through participation and use it to access more yields. As users rapidly accumulate HTM and realize its yield-generating potential, they will be fully equipped to take advantage of the advanced incentives offered in Booster V2. The Yields Potential The yield generated through the USH Staking Module will primarily depend on three key factors: the amount of USH minted and deposited in the Staking Module, the total collateral in the Isolated Facilitator, and the borrowed amount in the Lending Facilitator. We are expecting strong community participation, and if we consider a scenario focused solely on the Isolated Pools, where the community increases the total $EGLD deposited in the Isolated Pools to 1 million, at the current price of $28.50 per $EGLD, this would generate approximately $1,852,500 in incentives to be distributed. If we consider moderate leverage, with an average of 30% Borrow Limit Utilization, and 50% of the USH minted is staked in the Staking Hub, the projected yields would result in a total APR of ~58% on staked USH and ~29% on the total value of the staked LP tokens. This outcome is based on the total revenue generated relative to the value staked in the Staking Module. The distribution of yields will be allocated across various liquidity pools based on the most critical liquidity to be incentivized. Additionally, the Booster V2 logic will optimize this distribution, resulting in even higher APRs for accounts with the highest booster participation. USH Airdrop We’re excited to announce that a clear plan for the USH Airdrop distribution is in place. Following the USH Public Mainnet launch and once the system has stabilized, we’ll provide all the details on how the distribution will proceed. USH Integrations As USH establishes itself as the cornerstone of stable liquidity within the #MultiversX ecosystem, we are thrilled to announce its integration with @xPortalApp Cards, extending its utility far beyond on-chain DeFi opportunities. With this integration, users can now: • Supply EGLD to keep exposure to its value. • Mint USH and use it for daily expenses through @xPortalApp Cards. • When EGLD increases in price, repay the loan to unlock and access the appreciated value of your EGLD. This seamless integration enables users to top up their @xPortalApp Cards with USH, facilitating transitions to off-chain spending and bridging blockchain with everyday finance. By expanding USH's real-world utility, this feature positions it as a key player in driving mainstream adoption within the MultiversX ecosystem. We are actively developing an on-ramp for USH within our dApp, enabling users to purchase USH with credit cards. This feature simplifies access to the ecosystem, empowering both new and experienced users to generate passive income without prior experience in using decentralized exchanges. These integrations mark the start of USH's journey toward mainstream adoption, as we continue to showcase its versatility and unlock innovative use cases within and beyond the #MultiversX ecosystem. A Glimpse of the Future: The Potential of USH Proxy We are thrilled to introduce an incredible new facilitator, USH Proxy, built on the resilient infrastructure we’ve meticulously developed over the years at Hatom. This groundbreaking module will power even more innovative DeFi primitives and revolutionize the way users interact with DeFi. Initially introduced as Hatom Pulse in a previous update, the concept of USH Proxy has been refined and optimized to deliver a highly efficient and robust strategy. This strategy can enhance the yield generation of all our products, including the Lending Protocol, Liquid Staking, and USH in an unprecedented way, regardless of the TVL. Over the years, we’ve observed numerous lending protocols experimenting with creative approaches to advance DeFi and generate yield. However, despite these efforts, a critical gap remains: capital efficiency. Many protocols leave large portions of assets underutilized, failing to generate meaningful returns for their users. A key flaw in existing systems is the inefficiency of supplied liquidity on lending protocols. The most frequently supplied assets, such as $sEGLD, $stETH, and $WBTC, often go underutilized because borrowing interest-bearing tokens is inherently challenging. These tokens accrue yield not only from borrowing activities but also from their intrinsic properties, making them difficult to integrate into traditional borrowing frameworks. As a result, significant portions of TVLs fail to generate revenue for protocols and are primarily used for stablecoin borrowing or leveraged liquid staking strategies. On many other chains, base lending yields are notably low, often lingering around 0.01% to 0.05% for users supplying popular assets such as $stETH or $WBTC to Money Markets. This inefficiency results in substantial portions of TVL being underutilized, leaving users with minimal returns on their supplied assets. USH Proxy addresses this inefficiency by optimizing yields on behalf of users without touching their liquidity, enabling them to earn significantly higher returns while still accessing their usual borrowing activities. Before explaining this strategy, let’s delve further into @ethena's delta-neutral strategy and what this promising venture has achieved, while also noting its major drawback. Ethena created $USDe, a stablecoin pegged to the US dollar, using a delta-neutral approach that eliminates exposure to $ETH price volatility without requiring over-collateralization. $ETH is deposited as collateral and secured through a trusted custodian, ensuring transparency and protection against misuse. To neutralize price risk, @ethena open a short position on ETH using perpetual futures or other derivatives. This hedges the collateral's value, as gains or losses in the ETH price are offset between the long (collateral) and short (derivative) positions, locking in an instant dollar value. With this balance, the protocol can confidently mint USDe while maintaining a stable value in USD. The system also incorporates yield opportunities such as positive funding rates from derivatives and potential staking yields from collateralized ETH. That being said, we can view @ethena as a decentralized USDC rather than DAI, because users lose exposure to their volatile assets when acquiring it. USH Proxy Facilitator is built on a similar delta-neutral approach. For example, let’s assume a user supplies $1,000 in sEGLD, earning 0.01%, and borrows $300 of USDC at 8%. When the user triggers USH Proxy, the protocol mints $1,000 worth of USH and uses it to purchase EGLD or ETH. The EGLD or ETH is then liquid staked and shorted via a delta-neutral strategy, either through custodians (like @ethena) or via promising on-chain platforms such as @HyperliquidX (once they have proven their reliability and withstood the test of time). The user’s position isn’t affected or linked to that hedge; this is why we call it Proxy. The user simply triggers it and closes it upon repayment and removal of the supplied tokens from the protocol. Because the protocol itself cannot open this position alone, it’s the user who approves the process. The yields coming from staking rewards and funding rates are redistributed back to the user on the supply side, subject eventually to the Booster. If funding rates turn negative, the position can be immediately closed, and the exact same initial USD value from the delta-neutral position is converted back to USH (filling up the LPs on DEXes again). Here’s the beauty of USH Proxy: • The user’s position remains unaffected and independent of the delta-neutral strategy. The protocol cannot open or close the position without the user’s explicit approval. The user triggers and closes the Proxy when they repay their loan and withdraw their supplied tokens. • Any yield generated from staking rewards or positive funding rates is redistributed directly to the user’s supply side. These rewards are also subject to the Booster, significantly amplifying user incentives, which were initially minimal for unborrowable supplied assets. • The USH used to create the hedge is always maintained, and the same amount that was taken from the on-chain liquidity pools is injected back once the user decides to close the strategy. • If the funding rates for the short position ever turn negative (which rarely happens), the position can be immediately closed or switched to other low-risk strategies like farming on-chain T-bond rates. If the governance decides otherwise, the USD value from the delta-neutral position can always be converted back to USH, replenishing liquidity pools on decentralized exchanges and only reducing yields to end users. • Trading fees and adoption around USH can grow at an unprecedented rate, expanding the entire ecosystem exponentially, especially as it evolves cross-chain. In essence, @ethena addresses the creation of a decentralized stablecoin, but USH Proxy takes it a step further by transforming inefficient collateral into a powerful yield-generating tool while preserving user autonomy and asset exposure. This is just the beginning, as Proxy has the potential to optimize yields across a wide range of protocols. While this post is only meant to educate our community about the general concept, the yields generated will be used to incentivize other aspects crucial for the strategy’s continued growth: • Liquidity Providers: A portion of the revenue is allocated to incentivize key liquidity pools (e.g., USH-USDC), fostering deep liquidity and efficient trading. • Arbitrageurs: Another portion rewards arbitrageurs for maintaining price stability and balancing liquidity across pools. • Lending Protocol Suppliers: The remaining revenue boosts the supply APY for depositors who activate the Proxy. The potential of a product like USH Proxy is immense. While its debut will happen on #MultiversX, this product could easily attract participants beyond the ecosystem. For instance, partnerships with @eigencloud could enable vaults where ETH restakers deposit their assets in the Lending Protocol and activate USH Proxy to boost yields, or even integrate with BTC restaking protocols like @Pell_Network or @babylonlabs_io. We have been dedicating a team to R&D for almost three months, conducting multiple studies and engaging in discussions with custodians to design our protocol. If you grasp the overall concept, you’ll see that the next crucial step lies in creating strong incentives for arbitrageurs to continuously close any price gaps while the underlying liquidity farms funding rates for users. This is precisely where our current R&D efforts are focused. 1/2 Continued 👇

Sub-second finality 🔥 -- biggest and most important MultiversX network upgrade since mainnet launch, targeted for ~Q3 -- Why? Game changer for speed, scalability, and user experience. Making this the simplest intuitive progress tracker, updated weekly as we hit each important step and milestone -- getting us closer to the finish line. This *only* counts the efforts made this year, and the ground that is still left. Every step, every new release, is a buildup and preparation for Supernova -- sub-sec finality release. Let's go. ------------------------ Progress: █▒░░░░░░░░ 15% ------------------------

🎙️ INTERVIEW WITH ADAM BATES 🎙️ 📅 Tomorrow at 9 am UTC 📍 Livestream on X, YouTube & Twitch 💰 Reward: $75 Come along and get your questions ready 🔥

The Agentic Megawave is installing on MultiversX 🔥 Step 1 for builders: here's a simple guide of how you can set up the Eliza framework in just a few min, and immediately launch your agents. 🤖

Boom! 💥 @ai16zdao on-ramping & card top-ups are now live in xPortal. HODL it, swap it, send it, flex it—your call. @ElizaOS_ai is down for whateva.

I truly appreciate all the tips #MultiversX fam! If you want to support me all I ask is this: 🔸 Contribute 🔸 Join @xSpac3s & chat with us(every Tu/Fr) 🔸 Maybe start your own space(I can help) 🔸 Build/create/communicate We have the power to turn this around! Let’s do it! 💪

Taking the friction out of self-custody: seamless onboarding, robust protection and feature-rich tools for everyone.