MultiversX Andromeda Vote

APR

07

Event date

Monday 07 April 2025, UTC

Event description

  • MultiversX, originally Elrond Network, is a blockchain platform launched in 2017, focusing on scalability through sharding, with over 3,000 nodes securing its network as of 2025.  
  • The Andromeda upgrade (v1.9) follows a series of protocol updates like Altair and Vega, aiming to halve transaction finality times and enable sub-second speeds, a key step for DeFi and metaverse applications.  
  • EGLD stakers, holding MultiversX’s native token, govern the network via votes like this one, a system that has driven over $50 million in staking rewards since 2023, per MultiversX’s staking dashboard.

MultiversX

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bearish

MultiversX

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