Elrond Announces Official Launch of Maiar DEX with a $1.29 billion Liquidity Incentive Program

TokenInsight news, public chain Elrond announced the launch of its AMM-based decentralized exchange Maiar DEX, developed by Elrond, with a $1.29 billion liquidity incentive program. Elrond Network will distribute $28 million worth of liquidity (in the form of the Maiar DEX governance token $MEX) to users who provide $EGLD, $MEX, and $USDC liquidity on Maiar Exchange in the first month, and the network plans to launch liquidity incentive programs on Uniswap, PancakeSwap, and SushiSwap after the first month. SushiSwap with a liquidity incentive program.