The eGold listing on Bithumb Global is live!
We’re excited to announce that Bithumb Global has successfully listed eGold. Deposits are open and trading starts in 2 hours.
Make sure to join the listing promotional campaign - deposit & trade to grab your share of the 2,000 $EGLD prize pool.
👉🏻 Trade here: https://www.bithumb.pro/en-us/spot/trade?q=EGLD-USDT
RT: https://twitter.com/ElrondNetwork/status/1308300692679925761?s=20
We’re excited to announce that Bithumb Global has successfully listed eGold. Deposits are open and trading starts in 2 hours.
Make sure to join the listing promotional campaign - deposit & trade to grab your share of the 2,000 $EGLD prize pool.
👉🏻 Trade here: https://www.bithumb.pro/en-us/spot/trade?q=EGLD-USDT
RT: https://twitter.com/ElrondNetwork/status/1308300692679925761?s=20
Twitter
elrond
The $EGLD @bithumbglobal listing is live! Deposits are enabled and trading starts in 2 hours. Make sure to join the listing promotional campaign - deposit & trade to grab your share of the 2,000 $EGLD prize pool. https://t.co/MfS7vuv8vm
eGold trading on Bithumb Global is live!
After opening deposits earlier today, Bithumb has now enabled eGold trading against USDT.
Make sure to join the listing promotional campaign - deposit & trade to grab your share of the 2,000 $EGLD prize pool.
👉🏻 Trade here: https://www.bithumb.pro/en-us/spot/trade?q=EGLD-USDT
RT: https://twitter.com/ElrondNetwork/status/1308330620901302273?s=20
After opening deposits earlier today, Bithumb has now enabled eGold trading against USDT.
Make sure to join the listing promotional campaign - deposit & trade to grab your share of the 2,000 $EGLD prize pool.
👉🏻 Trade here: https://www.bithumb.pro/en-us/spot/trade?q=EGLD-USDT
RT: https://twitter.com/ElrondNetwork/status/1308330620901302273?s=20
Twitter
Elrond eGold
$EGLD trading on @BithumbGlobal is live! Make sure to join the listing promotional campaign - deposit & trade to grab your share of the 2,000 $EGLD prize pool. Happy trading! https://t.co/MfS7vuMJTW
Elrond Catalyst Sale AMA with Henry Child from Bitfinex Token Sales
The Catalyst Sale is happening tomorrow. You can buy eGold at spot price and get +25% more tokens as bonus!
Join Henry Child, Head of Commercial Strategy at Bitfinex Token Sales, for an AMA about the sale process, the pro-rata model, and other relevant information.
⏰ Today at 15:00 UTC on @ElrondNetwork
👉🏻 https://bit.ly/ElrondCatalystSale
The Catalyst Sale is happening tomorrow. You can buy eGold at spot price and get +25% more tokens as bonus!
Join Henry Child, Head of Commercial Strategy at Bitfinex Token Sales, for an AMA about the sale process, the pro-rata model, and other relevant information.
⏰ Today at 15:00 UTC on @ElrondNetwork
👉🏻 https://bit.ly/ElrondCatalystSale
🇺🇸 eGold will be listed on Binance US!
We're excited to announce that eGold will be listed on Binance US. Customers will be able to trade on EGLD/USD and EGLD/USDT pairs.
Deposits: open now
Trading: September 24 13:00 UTC
👉🏻 Read more: https://support.binance.us/hc/en-us/articles/360055768453
RT: https://twitter.com/ElrondNetwork/status/1308754682098180099?s=20
We're excited to announce that eGold will be listed on Binance US. Customers will be able to trade on EGLD/USD and EGLD/USDT pairs.
Deposits: open now
Trading: September 24 13:00 UTC
👉🏻 Read more: https://support.binance.us/hc/en-us/articles/360055768453
RT: https://twitter.com/ElrondNetwork/status/1308754682098180099?s=20
eGold - A Powerful Digital Currency Positioned for Global Adoption
As eGold achieves a strategic adoption milestone by entering the US, we are ready to reveal an important post about the eGold vision.
“Given the fixed supply of eGold, combined with the global distribution and intuitive simplicity of Maiar, every new user joining the application will be directly reflected in the value of eGold. So the question becomes, how will eGold look with 1 Million people using Maiar? How about 10 million or 100 Million people?
We have designed eGold to be a robust programmable store of value, built on top of the most high bandwidth blockchain architecture in the world, made globally accessible through a simple and powerful Maiar user interface. This is native digital money taken to its natural conclusion.” - Beniamin.
👉🏻 Read the full blog post: https://elrond.com/blog/egold-a-powerful-digital-currency-positioned-for-global-adoption/
RT: https://twitter.com/beniaminmincu/status/1308804008958722050
As eGold achieves a strategic adoption milestone by entering the US, we are ready to reveal an important post about the eGold vision.
“Given the fixed supply of eGold, combined with the global distribution and intuitive simplicity of Maiar, every new user joining the application will be directly reflected in the value of eGold. So the question becomes, how will eGold look with 1 Million people using Maiar? How about 10 million or 100 Million people?
We have designed eGold to be a robust programmable store of value, built on top of the most high bandwidth blockchain architecture in the world, made globally accessible through a simple and powerful Maiar user interface. This is native digital money taken to its natural conclusion.” - Beniamin.
👉🏻 Read the full blog post: https://elrond.com/blog/egold-a-powerful-digital-currency-positioned-for-global-adoption/
RT: https://twitter.com/beniaminmincu/status/1308804008958722050
MultiversX
eGold: A Powerful Digital Currency Positioned for Global Adoption — MultiversX
The Elrond eGold token is live, opening a new growth phase for the Elrond economy. It is a natural step toward enabling native Elrond services such as staking and delegation, and native DeFi options.
#eGoldMarathon - Join Beniamin for an AMA: Status, Opportunities & Exciting Next Steps
In his most recent blog post, Beniamin discussed about eGold’s most important properties and how the native currency of the Elrond blockchain is positioned for global adoption.
Join him for an AMA and get direct answers to all of your questions!
⏰ Thursday 24 September 11:00 UTC
📺 https://www.periscope.tv/elrondnetwork
In his most recent blog post, Beniamin discussed about eGold’s most important properties and how the native currency of the Elrond blockchain is positioned for global adoption.
Join him for an AMA and get direct answers to all of your questions!
⏰ Thursday 24 September 11:00 UTC
📺 https://www.periscope.tv/elrondnetwork
eGold trading on 🇺🇸 Binance US is live 💹
Citizens & residents in 40 US states now have full access to eGold using the EGLD/USD and EGLD/USDT pairs.
We welcome them to the Elrond ecosystem. Happy trading!
💱 https://binance.us
RT: https://twitter.com/ElrondNetwork/status/1309115461758529541?s=20
Citizens & residents in 40 US states now have full access to eGold using the EGLD/USD and EGLD/USDT pairs.
We welcome them to the Elrond ecosystem. Happy trading!
💱 https://binance.us
RT: https://twitter.com/ElrondNetwork/status/1309115461758529541?s=20
🌎 eGold Elite competition - share your thoughts on how eGold is positioned for global adoption and win a Brandminds ticket!
eGold is a powerful digital currency positioned for global adoption. Share your thoughts about how eGold will join the global elite of currency & value, and you can watch Beniamin live as he joins the global elite of business thinkers at the exclusive Brandminds Summit.
Post your thoughts about how eGold will reach global adoption using the #eGoldMarathon hashtag. Any kind of text or media, posted on Twitter, or Facebook will be considered.
Twitter: Share your message on Twitter, as tweet, retweet with comment or comment to a different thread. Make sure you use both $EGLD and #eGoldMarathon in your message.
Facebook: Make an original post and make sure to include the #eGoldMarathon hashtag.
You only need to post your text, picture, GIF, video, meme, whatever, on one of the above to be eligibile. If you do post on both, we will ♥️ you more, but you still only qualify for one entry.
🏆 Brandminds ticket worth $200
🥈10 $EGLD
🥉 5 $EGLD
Example:
"Elrond eGold is scarce like Bitcoin, programmable like Ethereum, fast & inexpensive like the internet, with an intuitive Maiar interface for the next billion users. #eGoldMarathon"
Original entries only. Winners will be selected by the Elrond team.
⏰ Results at 14:00 UTC. Beniamin is live at 15:00 UTC.
https://elrond.com/blog/egold-elite-competition/
Good luck!
RT: https://twitter.com/ElrondNetwork/status/1309417708971274240?s=20
🎉 Winners: https://twitter.com/ElrondNetwork/status/1309494972731797504?s=20
eGold is a powerful digital currency positioned for global adoption. Share your thoughts about how eGold will join the global elite of currency & value, and you can watch Beniamin live as he joins the global elite of business thinkers at the exclusive Brandminds Summit.
Post your thoughts about how eGold will reach global adoption using the #eGoldMarathon hashtag. Any kind of text or media, posted on Twitter, or Facebook will be considered.
Twitter: Share your message on Twitter, as tweet, retweet with comment or comment to a different thread. Make sure you use both $EGLD and #eGoldMarathon in your message.
Facebook: Make an original post and make sure to include the #eGoldMarathon hashtag.
You only need to post your text, picture, GIF, video, meme, whatever, on one of the above to be eligibile. If you do post on both, we will ♥️ you more, but you still only qualify for one entry.
🏆 Brandminds ticket worth $200
🥈10 $EGLD
🥉 5 $EGLD
Example:
"Elrond eGold is scarce like Bitcoin, programmable like Ethereum, fast & inexpensive like the internet, with an intuitive Maiar interface for the next billion users. #eGoldMarathon"
Original entries only. Winners will be selected by the Elrond team.
⏰ Results at 14:00 UTC. Beniamin is live at 15:00 UTC.
https://elrond.com/blog/egold-elite-competition/
Good luck!
RT: https://twitter.com/ElrondNetwork/status/1309417708971274240?s=20
🎉 Winners: https://twitter.com/ElrondNetwork/status/1309494972731797504?s=20
MultiversX
eGold Elite Competition — MultiversX
🌎 eGold Elite competition - share your thoughts on how eGold is positioned for global adoption and win a Brandminds ticket!
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The new Elrond wallet is LIVE!
All the relevant details about your eGold holdings are now neatly bundled in a rich interface.
You can now easily check the status of your stake, either as a Validator or Delegator, see a live countdown until the epoch change & rewards distribution, and more.
Features such as Claim delegation rewards will be enabled in a future release 👌🏻
💳 New feature: buy eGold from your wallet!
Check it out 👇🏻
https://wallet.elrond.com
Read all about it 👇🏻
https://elrond.com/blog/the-new-elrond-wallet-is-live/
All the relevant details about your eGold holdings are now neatly bundled in a rich interface.
You can now easily check the status of your stake, either as a Validator or Delegator, see a live countdown until the epoch change & rewards distribution, and more.
Features such as Claim delegation rewards will be enabled in a future release 👌🏻
💳 New feature: buy eGold from your wallet!
Check it out 👇🏻
https://wallet.elrond.com
Read all about it 👇🏻
https://elrond.com/blog/the-new-elrond-wallet-is-live/
💳 eGold now on Indacoin for 180 countries & 13 fiats!
We’re excited to announce that 500k+ users from 🇷🇺Russia, 🇬🇧UK & 180 countries can buy eGold using 13 fiat currencies and have it delivered in under 15 minutes!
#eGoldMarathon day 5 👊🏻
👉🏻 https://indacoin.com/payment/en?partner=elrond&cur_to=EGLD
RT: https://twitter.com/ElrondNetwork/status/1309780101639426049?s=20
We’re excited to announce that 500k+ users from 🇷🇺Russia, 🇬🇧UK & 180 countries can buy eGold using 13 fiat currencies and have it delivered in under 15 minutes!
#eGoldMarathon day 5 👊🏻
👉🏻 https://indacoin.com/payment/en?partner=elrond&cur_to=EGLD
RT: https://twitter.com/ElrondNetwork/status/1309780101639426049?s=20
Twitter
Elrond eGold
$EGLD is now available on @Indacoin 💳 500k+ users from 🇷🇺Russia, 🇬🇧UK & 180 countries can buy eGold using 13 fiat currencies and have it delivered in under 15 minutes! #eGoldMarathon day 4 👊🏻 https://t.co/1u9rWWQvBh
Elrond Weekly Tech Update is here!
⬇️⬇️
https://twitter.com/iulian_pascalau/status/1310236478115545089?s=21
⬇️⬇️
https://twitter.com/iulian_pascalau/status/1310236478115545089?s=21
Twitter
Iulian Pascalau
The #eGoldMarathon is only in its 5th day, but the Elrond marathon of back-to-back weekly sprints is exactly 125 weeks old. This week was full of progress: new testnet, new wallet, 1-command dApp boilerplate & more. Check out our #elrondtech 👇
Last week in Elrond 👇🏻
🇺🇸 Binance US lists eGold
🌐 New wallet released
🏃#eGoldMarathon begins
🖋 eGold breakdown by Beniamin
🛠 dApp boilerplate automation
💹 Bithumb Global lists eGold
💳 eGold available on Indacoin
🌎 Beniamin Mincu speaks at Brandminds
🎙 Status & Opportunities AMA with Beniamin
🏆 eGold Elite #eGoldMarathon Competition
🔥 16,000 eGold Bitfinex Catalyst Sale
💱 2,000 eGold Bithumb Global listing campaign
💬 Catalyst Sale AMA
⚡️ Amplify campaigns: Wallet, Binance US
RT: https://twitter.com/ElrondNetwork/status/1310485663905611777?s=20
🇺🇸 Binance US lists eGold
🌐 New wallet released
🏃#eGoldMarathon begins
🖋 eGold breakdown by Beniamin
🛠 dApp boilerplate automation
💹 Bithumb Global lists eGold
💳 eGold available on Indacoin
🌎 Beniamin Mincu speaks at Brandminds
🎙 Status & Opportunities AMA with Beniamin
🏆 eGold Elite #eGoldMarathon Competition
🔥 16,000 eGold Bitfinex Catalyst Sale
💱 2,000 eGold Bithumb Global listing campaign
💬 Catalyst Sale AMA
⚡️ Amplify campaigns: Wallet, Binance US
RT: https://twitter.com/ElrondNetwork/status/1310485663905611777?s=20
eGold now available on SimpleSwap.io!
We’re excited to announce that SimpleSwap.io users can now swap any of the 300+ listed cryptocurrencies into eGold! The process is simple, fast and requires little to no paperwork, thanks to platform intelligence that only requires KYC for high-risk users.
SimpleSwap has been created in 2018 and offers a direct avenue for exchanging tokens on pairs not normally available on any exchange. They can simplify swapping from ETH to EGLD, for example, to a one-step process, even if no ETH/EGLD pair exists.
The listing is important for Elrond because it enables a simple method to onboard the Elrond ecosystem from any other area of the crypto space.
#eGoldMarathon Day 6 👊🏻
👉🏻 Read mode: https://elrond.com/blog/egold-on-simpleswap
RT: https://twitter.com/ElrondNetwork/status/1310627335129923585?s=20
We’re excited to announce that SimpleSwap.io users can now swap any of the 300+ listed cryptocurrencies into eGold! The process is simple, fast and requires little to no paperwork, thanks to platform intelligence that only requires KYC for high-risk users.
SimpleSwap has been created in 2018 and offers a direct avenue for exchanging tokens on pairs not normally available on any exchange. They can simplify swapping from ETH to EGLD, for example, to a one-step process, even if no ETH/EGLD pair exists.
The listing is important for Elrond because it enables a simple method to onboard the Elrond ecosystem from any other area of the crypto space.
#eGoldMarathon Day 6 👊🏻
👉🏻 Read mode: https://elrond.com/blog/egold-on-simpleswap
RT: https://twitter.com/ElrondNetwork/status/1310627335129923585?s=20
MultiversX
eGold Now Available on SimpleSwap.io - Exchange 300+ Cryptocurrencies Into EGLD! — MultiversX
SimpleSwap.io users can now swap any of the 300+ listed cryptocurrencies into eGold. The process is simple, fast and requires little to no paperwork, thanks to platform intelligence that only requires KYC for high-risk users.
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New eGold exchange listing: OKEx
We’re excited to announce that eGold will be available for trading on OKEx!
Founded in 2014, headquartered in Malta, operated out of Hong Kong, OKEx is among the top trading avenues for digital assets in terms of volume and users.
• Deposits OPEN
• Trading EGLD/USDT 30 September 08:30 UTC
• Trading EGLD/BTC 30 September 09:30 UTC
• Withdrawals 01 October 06:00 UTC
Read more: https://elrond.com/blog/egold-listed-okex-exchange/
#eGoldMarathon Day 7 👊🏻
RT: https://twitter.com/ElrondNetwork/status/1310887249840615425?s=20
UPDATE:
$EGLD trading on @OKEx will start at these precise times:
EGLD/USDT - 8:30 UTC September 30
EGLD/BTC - 9:30 UTC, September 30
This update is meant to replace the previously inaccurate EGLD/BTC trading time frame. Thanks for your understanding and happy trading!
We’re excited to announce that eGold will be available for trading on OKEx!
Founded in 2014, headquartered in Malta, operated out of Hong Kong, OKEx is among the top trading avenues for digital assets in terms of volume and users.
• Deposits OPEN
• Trading EGLD/USDT 30 September 08:30 UTC
• Trading EGLD/BTC 30 September 09:30 UTC
• Withdrawals 01 October 06:00 UTC
Read more: https://elrond.com/blog/egold-listed-okex-exchange/
#eGoldMarathon Day 7 👊🏻
RT: https://twitter.com/ElrondNetwork/status/1310887249840615425?s=20
UPDATE:
$EGLD trading on @OKEx will start at these precise times:
EGLD/USDT - 8:30 UTC September 30
EGLD/BTC - 9:30 UTC, September 30
This update is meant to replace the previously inaccurate EGLD/BTC trading time frame. Thanks for your understanding and happy trading!
New Binance Savings for eGold goes live at 12PM UTC!
A new iteration of Binance Savings for eGold goes live at 12 PM UTC!
Earn 10% APR on deposits for 14 days. 100,000 EGLD available in total, in 50 EGLD lots, served on a first-come, first-served basis. Get ready, these go out fast!
#eGoldMarathon Day 8 👊🏻
Read more: https://www.binance.com/en/support/announcement/1cd226039c3b4401838286139fc84ae6
RT: https://twitter.com/ElrondNetwork/status/1311189447002722304?s=20
A new iteration of Binance Savings for eGold goes live at 12 PM UTC!
Earn 10% APR on deposits for 14 days. 100,000 EGLD available in total, in 50 EGLD lots, served on a first-come, first-served basis. Get ready, these go out fast!
#eGoldMarathon Day 8 👊🏻
Read more: https://www.binance.com/en/support/announcement/1cd226039c3b4401838286139fc84ae6
RT: https://twitter.com/ElrondNetwork/status/1311189447002722304?s=20
Binance
EUR, EGLD & JST Added to Savings Products on Binance | Binance Support
Fellow Binancians, Binance has added EUR, EGLD and JST to the list of su...
Reminder: eGold trading on OKEx is about to begin!
Traders, are you ready? Start your engines! eGold trading on OKEx is about to begin.
🔹 EGLD/USDT 08:30 UTC
🔹 EGLD/BTC 09:30 UTC
Happy trading!
👉🏻 https://www.okex.com/
Traders, are you ready? Start your engines! eGold trading on OKEx is about to begin.
🔹 EGLD/USDT 08:30 UTC
🔹 EGLD/BTC 09:30 UTC
Happy trading!
👉🏻 https://www.okex.com/
Reminder: New Binance Savings for eGold goes live at 12PM UTC!
Earn 10% APR on deposits for 14 days. 100,000 EGLD available in total total, in 50 EGLD lots, served on a first-come, first-served basis. Get ready, these go out fast!
#eGoldMarathon Day 8 👊🏻
Read more: https://www.binance.com/en/support/announcement/1cd226039c3b4401838286139fc84ae6
RT: https://twitter.com/ElrondNetwork/status/1311269748223676417?s=20
Earn 10% APR on deposits for 14 days. 100,000 EGLD available in total total, in 50 EGLD lots, served on a first-come, first-served basis. Get ready, these go out fast!
#eGoldMarathon Day 8 👊🏻
Read more: https://www.binance.com/en/support/announcement/1cd226039c3b4401838286139fc84ae6
RT: https://twitter.com/ElrondNetwork/status/1311269748223676417?s=20
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eGold Is Now Officially Available on Ledger!
We’re excited to announce that the Elrond app is now officially available from Ledger, enabling you to safely store your eGold on your Ledger hardware wallet!
#eGoldMarathon Day 8 👊🏻
👉🏻 Read more: https://elrond.com/blog/egold-available-on-ledger
RT: https://twitter.com/LucianMincu/status/1311343839165194247?s=20
We’re excited to announce that the Elrond app is now officially available from Ledger, enabling you to safely store your eGold on your Ledger hardware wallet!
#eGoldMarathon Day 8 👊🏻
👉🏻 Read more: https://elrond.com/blog/egold-available-on-ledger
RT: https://twitter.com/LucianMincu/status/1311343839165194247?s=20
BREAKING: DeFi yield opportunity: “Centaur Launch Pool, powered by eGold”
We’re excited to announce that eGold token holders can contribute to the launch pool of our partner Centaur, who recently rebranded from ProDeFi.
As announced on the 15th of August, Elrond supporters will get the first opportunity to contribute to Centaur pools and earn CNTR tokens.
A limited number of contributors will be able to stake 25 eGold and receive 1,500 CNTR tokens after 2 weeks. This approximates to +90% APY or +4% over 14 days.
🔹 Start: October 01, 15:00 UTC
🔹 Stake size: 25 eGold - fixed
🔹 Duration: 14 days
🔹 Rewards: 1,500 CNTR tokens, ~90% APY / 4% in 14 days
🔹 Stake: 25 eGold
🔹 Platform: https://wallet.elrond.com
#eGoldMarathon Day 9 👊🏻
👉🏻 Read more: https://elrond.com/blog/defi-yield-opportunity-for-egold-holders-centaur-launch-pool/
RT: https://twitter.com/ElrondNetwork/status/1311665553187074057?s=20
We’re excited to announce that eGold token holders can contribute to the launch pool of our partner Centaur, who recently rebranded from ProDeFi.
As announced on the 15th of August, Elrond supporters will get the first opportunity to contribute to Centaur pools and earn CNTR tokens.
A limited number of contributors will be able to stake 25 eGold and receive 1,500 CNTR tokens after 2 weeks. This approximates to +90% APY or +4% over 14 days.
🔹 Start: October 01, 15:00 UTC
🔹 Stake size: 25 eGold - fixed
🔹 Duration: 14 days
🔹 Rewards: 1,500 CNTR tokens, ~90% APY / 4% in 14 days
🔹 Stake: 25 eGold
🔹 Platform: https://wallet.elrond.com
#eGoldMarathon Day 9 👊🏻
👉🏻 Read more: https://elrond.com/blog/defi-yield-opportunity-for-egold-holders-centaur-launch-pool/
RT: https://twitter.com/ElrondNetwork/status/1311665553187074057?s=20
Twitter
Elrond eGold
BREAKING: DeFi yield opportunity for $EGLD holders: “Centaur Launch Pool, powered by eGold”🔥 We support the launch of @OfficialCentaur by hosting this pool. Stake $EGLD for 14 days & earn $CNTR tokens at +90% APY/4% in 2 weeks #eGoldMarathon Day9👊🏻 https…
50,000 eGold successfully staked in the “Centaur Launch Pool, powered by eGold”
We’re happy to announce that the launch pool for our partner Centaur has been filled! 2,000 contributions of 25 eGold each have been made since 15:00 UTC yesterday.
The eGold stake & CNTR rewards will be automatically distributed by 16 October 09:00 UTC.
We wish Centaur the best of luck moving forward with their public sale efforts, for which registration is already underway 👇🏻
https://cntr.finance
RT: https://twitter.com/ElrondNetwork/status/1311937283537481728?s=20
We’re happy to announce that the launch pool for our partner Centaur has been filled! 2,000 contributions of 25 eGold each have been made since 15:00 UTC yesterday.
The eGold stake & CNTR rewards will be automatically distributed by 16 October 09:00 UTC.
We wish Centaur the best of luck moving forward with their public sale efforts, for which registration is already underway 👇🏻
https://cntr.finance
RT: https://twitter.com/ElrondNetwork/status/1311937283537481728?s=20
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New stable coin & more DeFi for eGold holders via Bidao partnership
We’re excited to announce that we’re working with Bidao to make eGold usable as collateral for issuing the multi-asset backed stable coin BAI, which will also be issued on the Elrond mainnet.
Bidao is building a Layer-2 DeFi solution that will integrate with multiple different chains. The native assets of the different chains can be locked into Collateralized Debt Positions (CDPs) to issue BAI, a trustless meta-stable coin that is algorithmically pegged to the USD.
The collaboration is important for the Elrond ecosystem as it enables eGold holders to participate in cross-chain DeFi opportunities while simultaneously holding onto their preferred asset, and brings an additional stable coin on our blockchain.
#eGoldMarathon Day 10 👊🏻
👉🏻 Read more: https://elrond.com/blog/bidao-bai-stable-coin-egold-collateral
RT: https://twitter.com/ElrondNetwork/status/1311998555373137920?s=20
We’re excited to announce that we’re working with Bidao to make eGold usable as collateral for issuing the multi-asset backed stable coin BAI, which will also be issued on the Elrond mainnet.
Bidao is building a Layer-2 DeFi solution that will integrate with multiple different chains. The native assets of the different chains can be locked into Collateralized Debt Positions (CDPs) to issue BAI, a trustless meta-stable coin that is algorithmically pegged to the USD.
The collaboration is important for the Elrond ecosystem as it enables eGold holders to participate in cross-chain DeFi opportunities while simultaneously holding onto their preferred asset, and brings an additional stable coin on our blockchain.
#eGoldMarathon Day 10 👊🏻
👉🏻 Read more: https://elrond.com/blog/bidao-bai-stable-coin-egold-collateral
RT: https://twitter.com/ElrondNetwork/status/1311998555373137920?s=20