MevolaxyA platform known for its high-efficiency MEV upgrade pools, announced an expansion of its supported assets. Users can now earn rewards not only by exercising existing currencies, but also with Shib, XLM and XRP – considerably expand investment opportunities and make the product more flexible and accessible.
The addition of these assets is a key step in the Movolaxy scaling strategy. Many investors prefer to hold Shib, XLM or Ripple (XRP), and now they can participate in the extraction of MEV without having to exchange their assets. This reduces the entrance barrier and simplifies the commitment of the platform.
In addition, all new assets are integrated into the existing Mev Bot infrastructure of Mevoxy, guaranteeing the profitability and stability of mevolaxy, regardless of the chosen cryptocurrency.
What is Mev Staking?
Unlike traditional implementation, where rewards depend on network activity, Mev’s implementation uses sandwiches that benefit from the optimization of transaction control in the blockchain. Mevolaxy Boots use strategies such as “sandwich attacks”, which allows them to generate yields in any market state even during low volatility.
What is the next step?
According to the Mevolaxy team, this is only the beginning. Plans are in progress to add a support for more cryptographic niche assets. The team also develops a mobile application and works on integrations with popular DEFI portfolios.
Non-liability clause: The information provided in this press release is not a request for investment, nor investment advice, financial advice or commercial advice. It is strongly recommended to practice reasonable diligence, including consultation with a professional financial advisor, before investing or negotiating cryptocurrency and titles.
