Bridging the analog & digital

worlds.

The term "blockchain technology" typically refers to the transparent, trustless, publicly accessible ledger that allows us to securely transfer the ownership of units of value using public key encryption and proof of work methods. The technology uses decentralized consensus to maintain the network, which means it is not centrally controlled by a bank, corporation, or government. In fact, the larger the network grows and becomes increasingly decentralized, the more secure it becomes.

Elrond is a complete rethinking of public blockchain infrastructure, specifically designed to be secure, efficient, scalable and interoperable. Elrond’s main contribution rests on two cornerstone building blocks:

1. A genuine State Sharding approach: effectively partitioning the chain state into multiple shards, handled in parallel by different participating validators;
2. Secure Proof of Stake consensus mechanism: an improved variation of Proof of Stake (PoS) that ensures long term security and distributed fairness, while eliminating the need for energy intensive PoW algorithms.

Compared to Ethereum, Elrond eliminates both energy and computational waste from PoW algorithms by implementing a SPoS consensus while using transaction processing parallelism through sharding.

Elrond allows participants to earn additional EGLD by validating transactions and helping secure the network through staking. Staking is an activity where a user locks his funds in order to participate in maintaining the operations of the Elrond blockchain system. In other words, for the end user, staking is the act of locking cryptocurrencies to receive rewards.

APR stands for Annual Percentage Rate, which represents the rewards rate for a whole year, applied to your staked funds. To calculate your rewards, please use our calculator in the above section.

The minimum amount that you can stake is 1 EGLD. There's no minimum for unstake. However, please note that is not possible to leave less than 1 EGLD staked.

In order to offer the best service, we always run the original validator code provided by the Elrond Network, we make sure we always implement the best practices provided and assure the appropriate backup and redundacy.

In order to leave our agency, you will have to un-delegate your tokens and wait 10 days before sending the withdrawal action via our dashboard.