What is MultiversX crypto?
MultiversX, formerly known as Elrond, is a highly scalable and secure blockchain platform designed to enable new applications for users, enterprises, and the emerging metaverse frontier. It utilizes key blockchain technologies such as composability and sharding to distribute data across multiple machines. With nearly 400,000 daily transactions and 21,000 active users, MultiversX supports various projects including DEXs, liquidity protocols, and DeFi suites. Its native token, EGLD, is used for staking, voting, and transactions within the platform.
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