For the 42nd episode of our German podcast series, our three podcasters Sabrina, Rado and Louis have taken the opportunity to answer the community’s biggest questions about Istari Vision, Elrond, blockchain, crypto, and staking. So that you don’t always have to resort to the number 42 as the answer to all the questions in the universe, we’ll summarize the most important info here in this article.
Maiar Exchange works as a so called Automated Market Maker (AMM). Sounds complicated, but isn’t. An AMM is a protocol on a decentralized exchange and a core concept of the DeFi ecosystem. Instead of using an order book like a traditional exchange, assets are valued according to a mathematical formula – in this case a pricing algorithm.
Great news from Elrond: the in-house platform Maiar Exchange has been released on Devnet for final testing. Maiar Exchange is a decentralized online marketplace (DEX) for global and low-cost trading of tokenized assets, enabling its users to build passive income. For maximum performance, Elrond relies on the power and scalability of the Elrond network.