ElrondNetwork - Announcements

2021-03-12 18:20:03 Adaptive Velocity For DeFi Tokens Issued On The Elrond Network Via DAFI Protocol

We are happy to announce that DAFI Protocol will support DeFi projects building on the Elrond Network with the option to algorithmically adjust token incentives using synthetics that are tied to the underlying token’s usage.

“Algorithmically adjusting an entire economical model according to the velocity of its underlying denomination is perhaps one of the most creative uses of blockchain and synthetics. We’re happy to work with Dafi and provide this option for projects building on the Elrond Network.” said Beniamin Mincu, Elrond CEO.

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Read more: https://elrond.com/blog/projects-on-elrond-can-use-dafi-protocol

Retweet: https://twitter.com/ElrondNetwork/status/1370393784685633536 Open / Comment

2021-03-12 12:14:51 Watch Beniamin’s latest interview

Michaël van de Poppe is an investor, trader, and monetary systems aficionado with a broad reach in the crypto community. He sat down with Beniamin to discuss the new digital financial system built on Elrond, the intuitive Maiar interface, and the eGold digital reserve.

"Blockchain is a multi-trillion-dollar opportunity and Elrond will be among the projects that will reshape everything."

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Watch the full interview:

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2021-03-11 18:12:59 Toward Full Decentralization: Staking Phase 3 Is About To Go Live on Elrond

The Elrond network is live and open source, setting a remarkable standard in the performance that it brings to the blockchain space. The Elrond DeFi 2.0 module is also coming live soon and will feature a new set of financial microservices, capable of processing transactions at an internet-scale, and opening a new adoption space by making these microservices accessible by nations, institutions, banks, businesses, and individuals.

To strengthen the network and prepare it for this new phase, following a thoughtful conversation around the Phase 3 staking proposal, we are finally ready to take another step toward full decentralization of the Elrond network.

The changes that are coming are meant to open a new era of growth for Elrond, specifically increasing the token distribution and decentralization, strengthening the security of the network, and enabling sustainable business models around staking-as-a-service providers.

In short, by enabling more eGold to be staked, more people and validators will participate, more tokens will be locked, security will be improved by increasing the cost of potential attacks. A secure environment will give confidence to more businesses to start building on Elrond, increasing the demand for eGold, in a perpetual virtuous circle.

This is why we are excited to announce the imminent transition to Staking Phase 3!

The most important changes:

Staking Providers can offer non-custodial delegation services
Staking Pools creation tentative 22 March
More Validator nodes: increased from 2169 to 3200
Max node increase activation tentative 05 April
Staking will be available also through Maiar
Waiting List APY change to 6%, starting with 05 April, ending completely 03 May

Full details: https://elrond.com/blog/elrond-staking-phase3-coming-soon

#hypergrowth100 Day 66 Open / Comment

2021-03-11 15:05:50 LIVE: Binance Savings for eGold

Earn 10% APR on 14-days deposits. 50,000 EGLD available in total, in 2,5 EGLD lots, served on a first-come, first-served basis. Get ready, these go out fast!

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Join here: https://www.binance.com/en/savings#lending-activity

Retweet: https://twitter.com/ElrondNetwork/status/1369982808232493056?s=20 Open / Comment

2021-03-11 13:57:56 Binance Savings for eGold - today at 12:00 UTC (noon)

Earn 10% APR on 14-days deposits. 50,000 EGLD available in total, in 2.5 EGLD lots, served on a first-come, first-served basis.

Get ready, these go out fast!

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Read more: https://www.binance.com/en/support/announcement/3c7c8de455db4eea89f5686debf3611c Open / Comment

2021-03-10 18:02:58 The ZeroSwap pool is complete

1500 eGold staked in 2 minutes - congratulations to all who got in!

Stay tuned for the next one.

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https://twitter.com/ElrondNetwork/status/1369664916114845698?s=20 Open / Comment

2021-03-10 17:17:51 Imagine the global financial system as a set of microservices. Money, exchanges, lending.

Working near-instantly, inexpensively, 24/7, at a global scale.

Usable by nations, banks, businesses, startups & individuals.

This is the era of Autonomous Banking.

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Thread
https://twitter.com/beniaminmincu/status/1369653130774917121?s=20 Open / Comment

2021-03-09 20:12:53 ZeroSwap Ecosystem Pool Powered By eGold

The Elrond ecosystem pools are community events that raise awareness about our ecosystem partners.

Our next one will be withZeroswap, a multi-chain compatible decentralized exchange aggregator protocol. It is focused on making zero-fee transactions possible.

They are aiming to make on-chain trading simple and easy, by providing access to multi-chains like Ethereum, BSC, Polkadot, and Elrond under one roof. The core product is being designed to function gasless and focused on aggregating liquidity from multiple protocols.

Wednesday, March 10, 15:00 UTC
https://wallet.elrond.com
Stake 1.5 eGold
7 days duration
19 ZEE reward ~350% APY
1000 slots available

The ecosystem pool will become available at exactly the scheduled time. These usually go out fast. Good luck!

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https://elrond.com/blog/zero-swap-ecosystem-pool Open / Comment

2021-03-09 18:00:09 Global Unified Data Streams: Elrond Blockchain Data To Be Easily Accessible To Developers Via Covalent APIs

Unified access to the plethora of information that exists in the world will amplify developers’ efforts by granting them easy access to previously disparate datasets. This will shift energy away from obtaining the data towards applying the rules for handling it.

Builders will thus be able to channel their creative energy towards creating more meaningful applications and setting up new data-driven economies that were previously not feasible.

This is why we are excited to announce that we are working with Covalent to integrate Elrond blockchain data into their unified API!

“Web 3.0 will heavily rely on blockchain technology’s ability to create a trustworthy data layer for the internet. By plugging the Covalent datasets into the Elrond blockchain, we will enable more meaningful information to be extracted from raw data and accelerate autonomous decision making at an internet-scale” said Beniamin Mincu, Elrond CEO.

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Read more: https://elrond.com/blog/elrond-blockchain-data-covalent-api

RT: https://twitter.com/beniaminmincu/status/1369301422148313103?s=20 Open / Comment

2021-03-08 20:52:00 Accelerating Decentralization - Staking Phase 3: Delegation Manager

As part of the Elrond Network bootstrapping process we have divided Staking into 4 Phases:

• Phase 1: Launch
• Phase 2: Delegator & Validator Queues
• Phase 3: More Validators & Delegation Manager
• Phase 4: Advanced Staking Features

Pending the imminent Elrond Mainnet upgrade, we are about to enter Phase 3 of staking. This will increase the number of validator nodes to 3200 and will allow staking providers to make use of the Delegation Manager.

The Delegation Manager enables operators to set up staking pools and generate delegation smart contracts for operating them. This is done at the protocol level using audited code. The code behind newly generated delegation system smart contracts is audited as well - only their parameters are different, depending on the staking provider.

Find out more about the Delegation Manager and how to use it by accessing the newly released documentation:

https://docs.elrond.com/protocol/delegation-manager/

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RT: https://twitter.com/ElrondNetwork/status/1368982057678995465?s=20 Open / Comment