TechFlow news: The public blockchain Elrond has announced the official launch of MaiarExchange, its AMM-based decentralized exchange, along with a $1.29 billion liquidity incentive program. During the first month, the Elrond Network will distribute $28 million in MEX tokens—Maiar Exchange’s governance token—to users providing liquidity for EGLD, MEX, and USDC on Maiar Exchange. Following the first month, the network plans to roll out liquidity incentives on Uniswap, PancakeSwap, and SushiSwap. Elrond is a public blockchain utilizing a PoS consensus mechanism and adaptive sharding technology, with a theoretical throughput capacity of up to 10,000 TPS.
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