MultiversX: A Deep Dive into EGLD, Maiar, Airdrops and DeFi

When working with MultiversX, the blockchain platform formerly known as Elrond Network, built for high‑speed, low‑cost transactions and a thriving DeFi ecosystem. Also known as Elrond, it encompasses smart contracts, staking, and a range of token distribution methods. MultiversX requires a native token (EGLD) to fuel its ecosystem, and it enables users to claim airdrops through the Maiar wallet. The platform’s design influences how DeFi projects launch, how developers build, and how investors earn rewards.

Key Building Blocks: EGLD, Maiar and Airdrops

EGLD, the native utility token of the MultiversX blockchain, powers transaction fees, staking rewards and governance. Also called Elrond, it drives the network’s speed and security. Maiar is the official wallet and gateway for MultiversX users, allowing token swaps, staking and airdrop claims. Known as Maiar Wallet, it facilitates smooth entry into the ecosystem. Finally, a Airdrop refers to free token distributions used to bootstrap community participation and promote new projects (also called Crypto Airdrop). In practice, EGLD rewards are often tied to staking, while Maiar streamlines the claim process, making airdrops an effective adoption tool.

Beyond the core trio, MultiversX supports staking strategies, on‑chain analytics and DeFi services such as yield farming and liquidity provision. Staking lets holders lock EGLD and earn an annual percentage yield, while DeFi protocols on the network let you earn additional returns through liquidity mining or lending. These mechanisms connect to the broader theme of risk management – you’ll find guides on calculating staking rewards, spotting safe airdrop opportunities, and avoiding common scams. Below you’ll discover hands‑on articles that break down each component, from the Maiar EarnDrop (EGLD) guide to deeper looks at staking math and DeFi security. Dive in to see how these pieces fit together and start applying the knowledge to your own crypto journey.