MultiversX, under the leadership of CEO Beniamin Mincu, has introduced a new borrowing feature via the Maiar app, enabling EGLD token holders to access liquidity without selling their assets as of 2025.
This enhancement underscores a strategic shift in DeFi, offering users flexibility in asset management and boosting Total Value Locked, with positive community and developer feedback, enhancing overarching DeFi ecosystem dynamics.
MultiversX Introduces Non-Selling Liquidity Feature
MultiversX (formerly Elrond) introduces borrowing with flexibility using the Maiar App. The focus is enabling users to access liquidity without selling assets. Led by Beniamin Mincu, the initiative ensures users can retain exposure to EGLD’s long-term value without the burden of selling, fueled by integrated DeFi modules.
Beniamin Mincu, Founder & CEO, MultiversX, – “Borrowing capabilities on MultiversX enable users to access liquidity while retaining exposure to long-term upside—without the burden of selling. This is now natively available via XPortal and integrated dApps.”
Adoption of EGLD Borrowing Boosts Network Engagement
The adoption of this borrowing function is seen as a boost for network engagement. It allows asset holders to retain their positions while gaining liquidity access, fostering sustained ecosystem activity. Market stability remains unaffected by this functionality’s expansion into MultiversX. However, Total Value Locked (TVL) has witnessed positive growth, reflecting increased borrowing activities tied to recent updates.
DeFi Utility Expansion Mirrors Past TVL Growth
Previous integrations in 2022-2023 saw similar adoption patterns with TVL rises, although market sensitivities were observed with macroeconomic trends. Experts highlight the potential for sustained engagement as DeFi utilities expand, drawing parallels with past cycles where activity boosts were recorded post-integration.
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