What is Elrond (EGLD)?


What is Elrond?

Elrond is a blockchain network aimed at resolving the issues of scalability, energy usage, and computational waste that plague many other legacy blockchain networks. Elrond uses something called a Secure Proof of Stake (SPoS) consensus mechanism which, as the name implies, puts a strong focus on security. Elrond's network is specifically designed to resist security issues like Rogue-key attacks, Sybil attacks, and more. EGLD is the native token of the Elrond network and is meant to be an abbreviation for eGold, a metaphor for what Elrond aims to become. 

What is the Elrond price?

YouHodler aggregates prices from top centralized exchanges to provide an accurate Elrond price and charts. 

Where to buy Elrond?

The easiest way to buy Elrond is to purchase it through a crypto app like YouHodler. Our universal cryptocurrency exchange service lets you convert any crypto, fiat, or stablecoin with competitive fees.

How to earn % p.a. in Elrond?

The best way to earn % p.a. on Elrond is by depositing it in a YouHodler Yields account. % p.a. payments occur weekly and YouHodler features compounding % p.a.. 

How to Trade Elrond?

Leverage market volatility to stack your crypto portfolio and trade Elrond with Multi HODL. Multi HODL is a user-friendly tool to take advantage of market swings in either direction. Become an “active HODLer” today.

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