Elrond Staking And The New X-Portal DApp

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Written by

#Club1BCH

1 year ago

In community: Club1BCH(4ac4)

Topics: Crypto, MultiversX, Elrond, Egld, Giveaway, ...

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.

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.

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!

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.

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.

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!