My Maiar experience after 7 days of staking

2021.12.02 12:01 Pique95 My Maiar experience after 7 days of staking

I've started farming the 26 of November, Mex (Maiar crytocurrency) price was near 0.0014$, the pay in the EGLD/LPMEX pool was 2147 % (+5% interest daily) and i've made made 18$ in the first 24h. My stake was just 1 Egld (paid near 420$), so making some maths in 1 month i could harvest my entire investment! (17$*30=510$) but in reality the apy started to lower and reached 1600% in the first week.
Now i'm writing after an entire week and i have just harvested 80$ in Mex. (Not bad at all).
Im literally gaining near 12$ daily doing nothing.
The mecanism is quite easy, you must have Elrond or Maiar wallet/app, connect the wallet to Maiar dex website. (here the link: https://maiar.exchange/ );
Now you will need to buy some Egld to start the journey. You can chose between different pools. Anyway you will need to swap a % of your EGLD to MEX (i've swapped 0.5 EGLD, the half amount).;
Finally you can provide liquidity in the pool w the EGLD remaining and the MEX you just swapped.
They also provide an option for 2x Apy, but chosing it you will have your fund locked for 18 months. If you are extremly bullis on Egld and Mex you should go for this option.
Update 01/12/2021: Maiar have updated pools apy% rate and you can harvest and withdraw all to stake it again at the new Apy%. I've used this opportunity to bound my investment for the locked stake to get more Apy% because i trust in this project, Maiar is moving quite well, theyr App is amazing, fast and really user Friendly (really the best wallet app ever used before) and EGLD is mooving very fast.
This is the first insane project for staking i see.
Hope this can help !
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2021.12.02 12:01 TerraLliure Client download endwalker

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2021.12.02 12:01 PumpedSounds How does Ranking in video games work?

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2021.12.02 12:01 Raptor2213 eBay Scam warning

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2021.12.02 12:01 H2-Joe Dedicated ip with cgnat

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