Bringing DeFi To The Next Billion With Maiar Exchange
r/Everstake has prepared a new detailed article on Maiar Exchange by ElrondNetwork!
*It covers such topics as:*
\- **What is Maiar Exchange?**
\- **Special Features**
\- **Maiar Exchange use case**
**Introducing Maiar Exchange: The Scalable Financial Engine Of The New Internet Economy.**
In the past few years, we have been witnessing the surge of decentralised financial products that enhance sovereignty and avoid the shortcomings of traditional finance. The growing appetite for a different financial system is showcased by the impressive rise of the DeFi market cap, which reached [$100 billion](https://www.axios.com/coinbase-valued-100-billion-direct-listing-9b43e316-7ff7-4f6a-a1db-4dc2481a93ee.html) in just three years since the first DeFi products were released. But the DeFi revolution is only in its infant stage and there is still a lot to be done before financial sovereignty is restored.
[Bringing DeFi To The Next Billion With Maiar Exchange](https://preview.redd.it/gsvbglh1eon71.jpg?width=1307&format=pjpg&auto=webp&s=a08f45884a070ebf9658ecc550598e7696cd58cf)
As a new leading decentralised application, Maiar Exchange is going to play an important role in the future of DeFi. Currently being tested on devnet, Maiar has shown to be a very user-friendly, high-performance and highly secure DEX. Its launch will help the Elrond ecosystem grow and will offer investors attractive opportunities to generate passive income.
Powered by Elrond scalable architecture, Maiar Exchange is well-positioned to be a game-changer. Its scalability, fastness and affordability, coupled with user-friendliness, will help remove the entry barrier for DeFi trading platforms and ...