Elrond Staking And The New X-Portal DApp

By PVM | Mind Puzzle | 27 Feb 2023


Elrond Network is a highly scalable, fast and secure blockchain platform for Dapps and block-chain solutions. Elrond's Adaptive State Sharding Mechanism was designed to bring a 1000-fold cumulative improvement in throughput and execution speed is the future of block-chain.

1*qpLVyhu545Fqywm9ca4YYQ.jpeg

I am a big fan of Elrond, since I discovered the project in 2021, and I am proud of this 100% Romanian blockchain. They will rebrand into MultiversX, an elevates Elrond to a ecosystem.  The upgrade will include the Maiar Wallet, which will become X-Portal.

semi-manually nuxtified-img

I am using Maiar since launch day, staking my $eGLD in there. You know I am a HODLer, and staking for months or years is not a problem. My Elrond initial investment has already gone up 20 or 30 times, so everything is a bonus. Value goes up, value goes down... I don't care! One $eGLD is still one $eGLD! 

6e9a3387d62f0f6f723e7d131718e592745aa65f77e8532d61cfde92e9eed6c8.jpg

I let the staking reward accumulate until it went over 1 EGLD, the requirement for re-staking, and added the gains in the pot. Claimed 1.152 eGLD and add it back in the Empress Staking node for 10.03 APR. 

bf031bd09b8acd7a523cce51787a465d441a2e7938ff160a052d62760353e8d5.jpg

Months later and few bear traps away, I went to claim my staking rewards again. Single staking is the best way to increase crypto holdings, as the impermanent losses are excluded.

I claimed 0.53 $eGLD staking rewards and sent 0.545 $eGLD I was staking on Binance to make a whole unit, which went into staking. The Empress node was not 100% full and I had to stake into a different node. Meria was the right choice, with 9.33% APR, and I am slowly heading towards my 20 $eGLD goal for 2023.

44891eaaf32bbfb3c38bf52fc99c9504cf984ae5326b49ca8a03265569e65aa2.jpg

Maiar/X-Portal has over 1 million users, and the upgrade will change the design completely. The Launch Championship will give everyone a chance to win prizes in the raffle-style competition.

Everyone can register via email and get chances to win a share of over 900 $eGLD, MultiversX merch and xPortal Diamond Touch metal cards. Get on hustling and try to be in the Top 50 users by referrals and you will automatically be eligible for the Diamond Touch metal card.

You have to register with your e-mail, confirm your phone number and install the xPortal app, then wait for the live lottery draw. On the 15th of March, eligible participants will win $eGLD and SWAG bags, while other 50 lucky users will win a MultiversX hoodies. Game On!

35775a4685b27debaba46ac976f4ad5692f582fe7ea912e156533617cca95a1f.png

Residual Income:

Join OKX 

Join Biswap

Join Binance

Join Upland 

Join Crypto.com

Join Splinterlands!

Hive Blogging - LeoFinance, Peakd, etc

PVMihalache Amazon Books

CakeDeFi $30 DFI for new users

The fountains: PipeFlare ZCashGet.ZEN

Publishing bundle: Publish0x,   readcash,  noisecashLBRY & Presearch

How do you rate this article?

79


PVM
PVM Verified Member

UMA Ambassador 🐔 Across Committee Member 🌉 Horizen Ambassador


Mind Puzzle
Mind Puzzle

Think! ... it's still free! An amalgam of cryptocurrency, science, arts, news and other manifestations of human intellectual will be published on this blog. Sometimes I will add my personal opinions or midnight revelations

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.