NEWS
New listings ! (02/02/2022)

$ISET - Starting price $0.06 ($ISET/$EGLD)
$AERO - Starting price $0.02 ($AERO/$EGLD)

The listing of tokens on Maiar Exchange is available !

Token listing is LIVE - ESDT tokens can be paired with $EGLD!

Token creators can now create pools for anyone to add liquidity to.

Next step: pairs with $100k USD total liquidity will be enabled for swaps starting with 02 Feb 10:00 UTC!

https://maiar.exchange

Metaverse DeFi: RIDE Listing on the Maiar DEX - Schedule breakdown

Here's what will happen on Thursday, December 16:

10:00 UTC - Deposits

If you have RIDE tokens, you can deposit them, together with EGLD, in the EGLD/RIDE liquidity pool. This will help you earn fees when trading starts (later). Extra, you can deposit the resulting LP tokens (liquidity provider tokens) in the EGLD/RIDE farm, to earn MEX or LKMEX rewards (later)

10:00 UTC - MEX Farm withdraw penalty disabled

The 1% penalty from withdrawing from farms early is disabled. This is to create the opportunity for LKMEX holders to move from the MEX farm to the RIDE farm. What will you go for? RIDE rewards, like everyone, or increased APR for the MEX farm, as people shift capital out? 🤔 (note: only MEX farm)

11:00 UTC - Harvest disabled on all farms

This means nobody will be able to harvest MEX/LKMEX rewards from the farms. This will remove the load generated by this type of operation, to keep the platform clear for EGLD/RIDE swaps

11:30 UTC - stake LKMEX in the newly created LKMEX farm with RIDE rewards

No rewards yet, but you will be able to already deposit and avoid congestion later, when RIDE swaps start.

14:00 UTC - the actual RIDE trading starts -> you can swap EGLD for RIDE, or RIDE for EGLD. This is perhaps the hottest moment of the listing. 

Prudent investors will want to exercise caution and only engage in trading once price action becomes clear, and they will do so without the need to use too much slippage. 

RISK & not financial advice and really never ever do this: In the extreme opposite of "prudent investor", nobody should use 50% slippage and send transactions from multiple (Shard 0, 1, 2) wallets at once.

17:00 UTC - RIDE rewards in the LKMEX farm start flowing (but you can't harvest them yet)

19:00 UTC - no more restrictions on the DEX, things go back to normal

❔  FAQ:

What is the RIDE farm APR?
Not know yet. A certain amount of RIDE tokens will be distributed to the LKMEX farm, over a certain period of time. That, and the amount of LKMEX deposited, will determine the APR. Stay tuned for more info.

What is the EGLD/RIDE farm APR?
Not known yet. A certain portion of the MEX issuance will be allocated to the EGLD/RIDE farm. That, and the total amount of EGLD + RIDE LP tokens staked in the farm, will determine the APR. Stay tuned for more info.

Are there limits to EGLD/RIDE swaps?
No, there are no limits to the amounts swapped. Please be careful of slippage - the % in price difference you agree to pay versus the current estimated amount. i.e. 25% slippage on an asset priced 100 will buy it also for 125, meaning a net 25% less than what you were "quoted" at the time. Too low slippage might cause the swap transaction to fail. Decisions, decisions.

Preparation is half the battle. Good luck!

Listing $RIDE

The $RIDE is coming to the Maiar DEX on Thursday December 16

The listing will happen in multiple steps, according to a special schedule designed to ensure a smooth process for everyone.

December 16: 

🔹 10:00 UTC - Add liquidity EGLD/RIDE
🔹 10:00 UTC - MEX Farm withdraw penalty disabled
🔹 11:00 UTC - Harvest disabled on all farms
🔹 11:30 UTC - Stake LKMEX in the special LKMEX farm with RIDE rewards
🔸 14:00 UTC - Swaps are enabled for EGLD/RIDE
🔹 14:00 UTC - MEX rewards are enabled for EGLD/RIDE farm (harvest not yet enabled)
🔹 17:00 UTC - RIDE rewards are enabled for LKMEX farm (harvest not yet enabled)
🔸 19:00 UTC - Harvest is enabled on all farms, MEX Farm farm withdrawal penalty enabled

Metaverse-scale DeFi begins on the Maiar DEX. 

Update 28/10 - 22:59 | CHANGELOG

Improvements:

• Maximum gas limits per transaction have been further adjusted, considering the latest changes. i.e. "enterFarmProxyMerge" now costs ~4x less
• Slider labels hidden when no token (with amount > 0) is selected
• ‘error signaled by smart contract’ is now displayed as slippage error in toast title

Bugs fixed:

• Login with Maiar icon iOS safari bug
• Fixed page loading error showing for 1 sec when using Ledger to sign
• Enter Farm modal now displays if the transaction will also consolidate
• Farms missing stake when harvesting from multiple farms at the same time
• Fixed hardcoded liquidity fee percentage on add liquidity page and farms info modal

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