I’d like to suggest an idea to the MultiversX or XExchange development team that could help attract external liquidity to EGLD while increasing its utility and scarcity.
The concept: A crosschain swap feature where users can directly swap tokens like ETH, USDT, or SOL into EGLD. The swap fee would be split as follows:
– Part goes to EGLD buybacks (to reduce supply and support price)
– Part is distributed to loyal users as rewards (e.g. based on activity or holdings)
– Part goes to the protocol or treasury to fund development
The idea is to make onboarding to EGLD frictionless and create long-term incentives to hold and use EGLD.
I’m not a developer, but I think this would be a great feature for XExchange or even xPortal.
Would love to hear if this is possible or interesting to the team.