Elrond’s technical readiness to become the internet-scale blockchain - a thesis by @Everstake_Chat

Our infrastructure partners from Everstake have taken the time to break down the technical properties of the Elrond blockchain and put them in the context of our development tools and the opportunities of the new internet.

“Elrond provides many different frameworks and tools for DeFi applications developers — all this helps to improve the Internet and bring it to a fundamentally new level.”

Retweet: https://twitter.com/everstake_pool/status/1332023432419172353

8,1 million $EGLD, or 56% of the circulating supply, is locked for staking.

🔹$1M+ USD in daily on-chain transactions
🔹~720 new wallets each day
🔹1M+ transactions to date.

Track Elrond's growth live on Flipside Crypto 👇🏻
https://app.flipsidecrypto.com/cooperative/elrond

RT: https://twitter.com/ElrondNetwork/status/1332369428760190977?s=20

A clear documentation is perhaps one of the most important components that can improve dev experience and will significantly multiply the value of a groundbreaking technology.

Here's the new Elrond documentation. Made with ❤️ by the Elrond team.

👉🏻 http://docs.elrond.com

Last week in Elrond 👇🏻

✅ Mainnet upgrade v1.1.10
₿ Bitcoin coming to Elrond via PolyNetwork
💵 Fiat to #DeFi via Xend Finance
📊 Validators dashboard by Easy2Stake
📖 New documentation released
💯 Maiar reaches 100 releases
🛠 Weekly #elrondtech
💹 50k eGold Binance Savings
💠 OKEx resumes eGold deposits, withdrawals
🔶 Elrond tech overview by Everstake
🔐 56% circulating supply staked
👥 +720 accounts daily, more info Flipside Crypto
📰 Poly Network integration by NEOnewstoday

RT: https://twitter.com/ElrondNetwork/status/1333342775752929280

AMA with DeFi partner Xend Finance

Xend Finance is a cross-chain DeFi credit union that bridges traditional finance and DeFi by converting fiat deposits into crypto and harvesting yield on DeFi platforms. With backing from Google Launchpad and Binance, Xend Finance will enable investors in high-growth African markets and worldwide to participate in the DeFi revolution.

🌐 https://xend.finance/

⏰ Today 30 November 16:00 UTC

On the @ElrondNetwork Telegram channel

Xend Finance TG: @xendFinance

DeFi Growth: Bonded Finance Joins The Elrond Ecosystem

We have started working with Bonded Finance to bring new DeFi products for eGold holders. The Bonded platform is built to make use of algorithmic models to unlock, aggregate, and de-risk capital from untapped digital assets.

Bonded Finance will work together with our strategic partner Orion Protocol to transact larger quantities of assets and allow more projects to qualify for listing on the Bonded platform, all of which translate into increased activity for the Orion Trade Terminal, which will run on the Elrond blockchain.

“The internet of value can’t happen without bridging the main areas of the market together with its more niche segments, which represent significant amounts of untapped capital. Bonded Finance aims to solve that problem and we’re excited to help them do so at scale.” said Beniamin Mincu, Elrond CEO.

Read more: https://elrond.com/blog/defi-growth-bonded-finance-joins-the-elrond-ecosystem/

✅ Week 7 Delegation Rewards - 4,000 eGold Distributed

6,485 users have received their weekly rewards for staking in the Delegation Waiting list. Last week’s APY was 7.86%!

Join them and the rest of the active Delegators & Validators in securing the Elrond network.

All the relevant information is available here: https://elrond.com/blog/egold-delegation-waiting-list-guide/

Staking Phase 2 goes live at epoch 124

The Validators Queue will be enabled as the blockchain progresses to epoch 124, at approximately:

⏰ ~14:12:24 UTC

Stake transactions that are sent before epoch 124 begins will fail & the staked eGold will be returned.

After the epoch change, successful “stake” transactions will place nodes in the Validators Queue.

If and when an existing Validator decides to unStake, they free up a slot which will be taken by the first Validator in the queue.

Good luck to all!

RT: https://twitter.com/ElrondNetwork/status/1333760784397193216?s=20

Elrond Staking Phase 2 is officially live!

100+ staking transactions have been made, 3 new nodes are already in and 170 nodes are now in the Validators Queue!

Review the status in the newest “Validate” section of our web wallet:

🌐 https://wallet.elrond.com

1.5 years of effort, 100+ iterations, 175k people on the waiting list.

The grand Maiar launch date is in sight.

December and January are about to enter hypergrowth.

https://twitter.com/beniaminmincu/status/1334582168727719937?s=20

The Elrond Virtual Machine - Smart Contracts At Internet Scale.

The design goal for our virtual machine is to create a dependable execution environment whose speed and costs remain constant under heavy load, and which is able to scale with demand.

This gives Elrond the ability to evolve the world’s economy through decentralization by providing a smart contract platform that will execute complex operations with low latency and will be able to continue doing so throughout imminent periods of exponential growth.

Through its design and implementation, the Arwen WASM VM lays the foundation for a new solution space in which the barriers to what’s possible are no longer technical. The googles and amazons of tomorrow are perhaps one smart contract away - will you be the one that writes it?

👉🏻 Read more: https://elrond.com/blog/elrond-virtual-machine-arwen-wasm-vm

Retweet: https://twitter.com/ElrondNetwork/status/1334863838450241543?s=20

Tonight LIVE on CNN

Beniamin will be joining Richard Quest to discuss about Elrond, Bitcoin, state of crypto, and the future of the global economy.

Spread the word: https://twitter.com/beniaminmincu/status/1334910119541415936?s=20

The Maiar global launch PR on Yahoo Finance 💹

“With the Maiar launch [...] Elrond positions itself for accelerated user acquisition at the height of what is expected to be the most impressive bull market since 2017.”

Check it out here: https://finance.yahoo.com/news/elrond-announces-wallet-global-payments-201400661.html

Retweet: https://twitter.com/ElrondNetwork/status/1335206174606700546?s=20

Last week in Elrond 👇🏻

🌎 Maiar Global Launch 31 January
⏹ Introducing the Arwen WASM VM
⏏️ Staking Phase 2 goes live
💹 Bonded Finance #DeFi partnership
🛠 Weekly #elrondtech
🌐 Yahoo! Finance Maiar coverage
🎙 Xend AMA on Elrond TG

📰 Maiar Global Launch media reach:

• Yahoo! Finance | • Finanzen DE | • Finanzen AT | • Ask.Com | • Spoke | • Benzinga | • Market Watch | • Digital Journal | • ZY Crypto | • Crypto Gazette | • Bitcoin PR Buzz | • PR Newswire | • NewsBreak | • CoinGenius | • Mulvane Cooperative Union

RT: https://twitter.com/ElrondNetwork/status/1335873255178182662?s=20

✅ Week 8 Rewards distribution for the Delegation Waiting List + Validators Queue

🔹 5,000 eGold
🔹 6,977 people
🔹 8.25% APY

Join them and earn 👇

https://elrond.com/blog/egold-delegation-waiting-list-guide/

The next logical evolution of our current financial system is the Internet of Money. 💹

This will enable value to flow through thousands of fiats and cryptocurrencies. Scarcity, Programmability & Scalability position $EGLD as one of the biggest contenders to be become currency 👇

An important $EGLD adoption vector will be its fluidity - the ability of value to transform to, from & through it.

That means trading on exchanges such as Binance, CryptoCom, Bitfinex, OKEx, Liquid or Bithumb Global

Or onboarding through fiat ramps such as MoonPay, Transak, Mercuryo, Swipe or Indacoin

20+ million users from 165+ countries being able to onboard $EGLD using 50+ fiat currencies or trading against #BTC, $BUSD and USDT sounds impressive. And it is.

But the internet of money means anyone, anywhere, any pair, directly.

Swap platforms enable cryptocurrencies to be exchanged between each other, in a non-custodial manner, and often with little to no paperwork.

You can find $EGLD on the most important ones 👇

https://changelly.com/ has 2+ million users which can swap to $EGLD from 160 crypto currencies. They also offer fiat onboarding with 48 fiat currencies and are a very popular option.

https://swapspace.co/ has 300+ coins, requires no registration and boasts an intuitive interface and reliable support.

https://swapzone.io/ is an aggregator, offering the most popular swap platforms, rated by price, speed, or quality, and allows swapping 300+ of the most popular assets, including stable coins or privacy tokens.

https://godex.io/ is focused on anonymity and offers access to 200+ coins and 24/7 support, without registration.

https://stealthex.io/ is another privacy-oriented platform that does not require registration, has 300+ assets, and perhaps most interestingly, has no upper limits for the amounts swapped.

Through its availability on 12 exchanges, 11 fiat onramps and 5 swap platforms, $EGLD is well on its way towards becoming an omnipresent asset most coins can directly swap to, giving it #BTC -like fluidity.

Perhaps more important than that is liquidity. More on that soon.

RT: https://twitter.com/beniaminmincu/status/1336399437065809920?s=20

Orion comes to Elrond: #DeFi Liquidity as a core necessity for an era of internet-scale money

🔹Next-gen AMMs will span multiple blockchains & connect centralized exchanges
🔹Next-gen lending, borrowing, or derivative protocols will use collateral baskets that include assets from multiple chains
🔹Next-gen yield farming products will include DeFi primitives deployed on multiple blockchains, getting the best available yield on any platform, not just one

Whatever the next big thing will be, it will need liquidity and scalability.

Orion Protocol creates a unique value layer connecting liquidity streams across centralized and decentralized exchanges in a seamless and automated way.

Elrond is ready to offer internet-scale performance, and Orion will soon be ready to leverage Elrond and open these new liquidity streams to the world.

The time to join the Elrond ecosystem, and take a close look at Orion is now.

Start here 👉🏻 https://elrond.com/blog/orion-comes-to-elrond

Binance Savings for eGold goes live at 12:00 UTC (noon)!

Earn 10% APR on 14-days deposits. 100,000 EGLD available in total, in 50 EGLD lots, served on a first-come, first-served basis. Get ready, these go out fast!

Read more: https://www.binance.com/en/support/announcement/e4a4c578431141dfa0ef02533265d170

Retweet: https://twitter.com/ElrondNetwork/status/1336969293288919040?s=20

🟢 LIVE $EGLD Savings on #Binance.

Earn 10% APR on deposits for 14 days. 100,000 EGLD total, 50 EGLD lot, served on a first-come, first-served basis.

👇🏻 👇🏻
https://www.binance.com/en/lending#lending-fixeddeposits