How I earn 0.0123 EGLD per day in 2022 | maiar.exchange + lockedmex.exchange

By d3mentOr | Things You Need To Know | 23 Mar 2022


 

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If you are familiar with the Elrond ecosystem, you know that you can farm $LKMEX on Maiar Exchange.
And know that $LKMEX is the locked version of the $MEX.
Down below, in the next rows, I will detail my strategy for earning $EGLD every day.

 

For this strategy, we need to use two decentralized exchanges.

 

The first DEX is Maiar Exchange.

 

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On Maiar Exchange from the farm section, we will select the first farm and choose to farm $LKMEX.

For this strategy, I've chosen to put 5080888 LKMEX at work.

 

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5080888.8633 LKMEX * 112% APR = 5690595.53 LKMEX (profit per year)
5690595.53 LKMEX / 365 days ≈ 15590 LKMEX per day.

 

The second DEX is lockedmex.exchange.


Here will sell our $LKMEX, farmed on Maiar Exchange, for $EGLD.

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15590 LKMEX ≈ 0.0123 EGLD

If APR decreases, this method won't be profitable anymore.
BUT then you will wait to unlock your $LKMEX and sell it as $MEX.
Because $LKMEX is the locked version of the $MEX and cheaper.

Bonus
You'll earn extra by purchasing $LKMEX from lockedmex.exchange and selling $MEX on maiar.exchange when unlocks.

 

Before you decide to copy this strategy, do your own research!

 

 

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d3mentOr
d3mentOr

He who hesitates is lost.


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