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Author Topic: Anyone on ELROND  (Read 61 times)
paxmao (OP)
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March 09, 2021, 03:02:33 PM
 #1

I would like to hear from anyone that is currently using ELROND and staking. What mechanics does it follow? What is the expected return? Is the project being developed? And any other bit of research that could be useful.

Yogee
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March 09, 2021, 04:14:40 PM
 #2

I would like to hear from anyone that is currently using ELROND and staking. What mechanics does it follow? What is the expected return? Is the project being developed? And any other bit of research that could be useful.
I've touched upon EGLD some time ago but I didn't consider buying and staking.

I'm not sure I understand your question about mechanics correctly. Are you talking about algorithm?

The expected returns depends on your participation on the network,
Quote
Delegators and validators are earning different rewards for securing the network:
- 36% APY for Mainnet Validators
- 29% APY for Mainnet Delegators
- Up to 20% APY for Validators and Delegators Queue
- https://elrond.com/blog/its-time-to-stake/

Follow the development on github https://github.com/ElrondNetwork
They seem really active based on their repo.
Their social networks are also available for updates.

20.3 million supply did EGLD a good favor.
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