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Forwarded from Polygon Official Announcements (Chandresh Aharwar)
#StakingDrop #DeFi

As our first #DeFi-focused initiative, @Stafi_Protocol is launching a $40K StakingDrop for $MATIC stakers!

💰$40K of $FIS tokens distributed to MATIC stakers.
ℹ️Learn more: https://buff.ly/39Ajt3H

Stake your MATIC now with 43% APR: https://buff.ly/3eJUOeH

Retweet: https://twitter.com/maticnetwork/status/1288122369911881728
Bitfinex will list Elrond for trading & staking services 🔥

We’re thrilled to announce that Elrond will be listed on Bitfinex! Deposits for the mainnet ERD token will be enabled on the 17th of August. Bitfinex will also support staking soon after.

Bitfinex is a top tier exchange. It was founded in 2012 and it is widely acknowledged as the exchange with the deepest liquidity. It has support for 197 countries and offers fiat deposits & withdrawals in USD, EUR, GBP and JPY.

We are excited to unveil this listing as part of a strategic plan to expand our ecosystem, which brings significant exposure and opportunities for Elrond. Enabling additional products in collaboration with Bitfinex, such as staking, will strengthen Elrond, and position it for accelerated growth after the mainnet launch.” said Beniamin Mincu, Elrond CEO.

👉🏻 Read more: https://elrond.com/blog/bitfinex-will-list-elrond-for-trading-staking-services

RT: https://twitter.com/ElrondNetwork/status/1288450396437073921?s=20
Elrond begins. Witness it live!

The “Zero to One” Genesis livestream starts at 13:15 UTC.

You will be able to watch it on:

https://elrond.com
https://periscope.tv/ElrondNetwork
https://facebook.com/ElrondNetwork
ELROND has new Token economics -

1. Elrond Gold (eGLD) is the new native Mainnet token, replacing the $ERD ERC20 and BEP2 tokens.

2. 1 eGLD = 1000 ERD. When eGLD starts being traded, it will automatically start at 1000x the price of ERD

3. The swapping from ERD to eGLD will start in around 30-60 days.

4. No major changes to the existing Economic model, but since 1 eGLD = 1 000 ERD, a supply of 20 Bil ERD to 20 Mil eGLD. Stake per node shifts from 2.5 Mil ERD to 2 500 eGLD. 1 eGLD = 1000 ERD, so price of 1 eGLD = 1000x more than 1 ERD.

At current price, 1eGLD will be traded at ~ $24 per coin

Operational process by Lucian Todea: https://twitter.com/luciantodea/status/1289165586333933569?s=20

Reasoning by Beniamin: https://twitter.com/beniaminmincu/status/1289165923060822016?s=20

https://finance.yahoo.com/news/elrond-mainnet-launches-bitcoin-token-153035279.html
Forwarded from Polygon Official Announcements (Sumit)
#Staking #DeFi

As a part of our upcoming push into the DeFi Ecosystem, MATIC staking is now live via Frontier, A DeFi Mobile interface.

MATIC holders can now stake tokens seamlessly from any of their wallets (including Trust Wallet, Metamask, imToken and Fortmatic) in a completely non-custodial manner on mobile devices using Frontier.

📱 Stake your MATIC via mobile.
🧐 Track your MATIC staking positions and returns.
Connect your Mobile Wallet with Frontier
🔒 Non-custodial staking: no need to import your private key.

🌐 Read Frontier’s MATIC staking guide here: https://buff.ly/3ggC0Vf

Frontier is a valuable partner in furthering our goal of making the staking process as simple & seamless for our community as possible.

More wallets will be joining our staking ecosystem. Stay tuned! 👀

Retweet: https://twitter.com/maticnetwork/status/1288899045331673088
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Maiar Access - First Wave on 7th of August

50.000 people are ready to fit their whole crypto world into their pockets. A money app with progressive security that will be fun to use. A friends recovery system for your private keys, so they help you restore if something happens with your phone.

DeFi, stake, delegate, spend, send, earn.

https://maiar.com

RT: https://twitter.com/ElrondNetwork/status/1289507613512671238?s=20
Forwarded from Polygon Official Announcements (Sumit)
#Adoption #GamingWeek

Matic Network is quickly becoming the go-to platform for gaming DApps! Introducing 5 new games migrating to Matic in the first ever Gaming Week!

Since our mainnet launch we’ve seen a huge surge in interest from DApps wanting to take advantage of our high-performance, low-fee infrastructure. We’re therefore holding Gaming Week this week to showcase some of the new gaming DApps joining our ecosystem.

🎮 5 new gaming DApps onboarding to Matic.
📅 One per day revealed from August 3-7.
🚀 Migrating to mainnet later this month.

Stay tuned to find out some of the new additions to the Matic ecosystem! The first will be revealed today 👀

Retweet: https://twitter.com/maticnetwork/status/1290217312323137537
+600,000 properties to accept eGLD payments via Travala & Agoda partnership 🏨🏡

Elrond is with you everywhere and will soon take you anywhere. Our ecosystem partner, the Binance-backed Travala.com, has just announced entering into a major collaboration with leading digital travel platform Agoda.

Agoda is part of Booking Holdings, best know for Booking.com, and adds +600k properties to Travala’s inventory. Our partner thus becomes the world’s largest blockchain-based online travel agency, with over 2,200,000 properties in 90,124 destinations in 230 countries and territories.

All of them will accept our native eGLD, bringing real adoption and utility for our mainnet token.

👉🏻 Read more: https://blog.travala.com/travala-com-and-agoda-partner-to-boost-travel-with-bitcoin-and-other-cryptocurrencies/

RT: https://twitter.com/ElrondNetwork/status/1290569204417146880?s=20
Binance has announced the next IEO - Sandbox.

Launchpad Hard Cap: 3,000,000 USD
1 SAND = $0.008333
Token Sale Format: Lottery
Max Number of Winning Lottery Tickets: 15,000
Allocation Per Winning Ticket: 200 USD

Lottery:
BNB hourly snapshots: Aug 6, 0:00 - Aug 13, 0:00 UTC.
Ticket claim: Aug 13, 6:00 - Aug 14, 6:00 UTC
Announcement of winners: Aug 14, 8:00 UTC.

https://www.binance.com/en/support/articles/b8e11c5870ba4d16810839473e69a90d
https://research.binance.com/en/projects/the-sandbox
💹 Liquid Staking for Elrond PoS Participants via Stafi Integration

We’re excited to announce that participants in the Elrond Proof of Stake economy will get access to liquidity for their staked collateral via integration with Stafi Protocol. Staking-Finance is a novel DeFi protocol type that makes it possible to use the value locked for staking in DeFi scenarios.

The Stafi team are developing a decentralized network for staking smart contracts that can further be linked to proof of stake blockchains, such as Elrond. Instead of staking natively on Elrond, a participant can choose to stake through the Stafi blockchain, and immediately receive rTokens, proportional to the amount of eGLD staked.

The resulting rTokens reGLD are pegged 1:1 in value with eGLD and will be tradable or usable in DeFi scenarios i.e. for collateralizing a loan. The staked eGLD can be redeemed by the respective token owner, together with the accrued rewards.

The addition of liquidity options for Elrond staking will attract more sophisticated participants to the Elrond economy. This in turn will lead to more value locked into it, resulting in increased security and stability for our network. We’re happy to explore this avenue together with Stafi” said Beniamin Mincu, Elrond CEO.

👉🏻 Read more: https://elrond.com/blog/liquid-staking-for-elrond-pos-participants-via-stafi-integration

RT: https://twitter.com/ElrondNetwork/status/1290955187042091008?s=20
Introducing UniLend Finance
- A brand new Defi project by Chandresh, a former team member of Matic Network

Read More :
https://twitter.com/chandresh1091/status/1291086758956785664?s=20

Join & support : @UniLendFinance

Congratulations on your new journey Chandresh..🥳
Scalable Decentralization for Financial Applications on Elrond Mainnet via Bluzelle Database Layer 💹

We’re excited to announce that we are working with Bluzelle to provide applications built on the Elrond mainnet access to a fully decentralized database layer. Bluzelle is a tamper-proof data network that has greater privacy, scalability, and availability than traditional solutions.

This is an important milestone for organizations looking to leverage Elrond’s high throughput & inexpensive mainnet for financial applications involving blockchain. A decentralized database layer is indispensable for such scenarios. We’re excited about this step we’re taking with Bluzelle.” said Beniamin Mincu, Elrond CEO.

The integration with Bluzelle offers companies building on the Elrond mainnet access to a convenient database solution that has high levels of performance, privacy & availability, enabling the creation of truly decentralized applications. The ongoing research around Elrond’s Smart Account features will provide additional synergies that are set to unlock innovative use-cases for blockchain technology.

👉🏻 Read more: https://elrond.com/blog/true-end-to-end-scalable-decentralization-for-financial-applications-on-elrond-mainnet-via-bluzelle-database-layer

RT: https://twitter.com/ElrondNetwork/status/1291335035010928642?s=20
@UniLendFinance 🔥🔥🔥
DEFI hype -
95% scam & 5% honest projects
Be careful where you invest.
Many got burnt in 2018 ico scams, just don't invest blindly.
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Ⓜ️ Maiar - App Demo & Features Break-down

All you need to manage money is your phone and Maiar. Here is an early look at our money & #DeFi app. The interface undergoing constant changes thanks to the fast feedback iterations with the first wave of Maiar users.

If you want to learn more about its features, and why they are the next evolution for financial management, you can watch our COO Lucian Todea explain them in this video:

📺 https://youtu.be/ZwdgPDmKJVk
Identity & Data Management for Elrond Users & Apps via Ontology Partnership

We’re excited to announce our collaboration with Ontology with the goal of offering Elrond users and applications access to the decentralized identity framework and data management features of Ontology.

The ONT ID layer will be usable in conjunction with the Elrond blockchain, for example allowing users to authenticate against an Elrond application using their Ontology ONT ID. Furthermore, a bridge will connect the two blockchains, allowing assets to be moved between the two chains.

The integration with Ontology broadens the possibilities for Elrond developers to leverage a powerful cross-chain framework for identity & access management and tap into a growing market-place of user-centric monetizable data.

“This integration enables shorter time to market for applications looking to deploy complex business logic onto the Elrond blockchain. The Ontology identity framework decreases the effort required for implementing comprehensive identity & access management processes in applications built on our mainnet.” said Beniamin Mincu, Elrond CEO.

👉🏻 Read more: https://elrond.com/blog/identity-data-management-for-elrond-users-apps-via-ontology-partnership

RT: https://twitter.com/ElrondNetwork/status/1292809836598525952?s=20
Forwarded from Polygon Official Announcements (Sumit)
#Mainnet #Staking

Phase 1 of our staking rollout is now complete! Onwards to an increasingly decentralized network

During Phase 1, a total of 11 validators were added to the network, including our DApp partner validators:
Infosys - $40bn Indian tech icon
ChainGuardians - Anime-style NFT game building on Matic
Biconomy - UX enhancement solution utilizing meta transactions
Torus - Leading wallet provider backed by Coinbase & Binance

With the start of Phase 2, we are opening up the network to 25 additional public validators! More will follow. Individual entities can participate in the auctions for validator slots.

Current staking results:
📈 Over 25% of the MATIC circulating supply staked (~813m MATIC)
🦾 Current APR over 38%
💰 Staking rewards distributed: ~47.5m MATIC (~$1.1m)

Thank you to everyone who is helping to secure the network via staking! If you're not staking your MATIC yet, learn how here: https://buff.ly/3eJUOeH

Retweet: https://twitter.com/maticnetwork/status/1292878848200044544