Table of Contents
What is Avalanche? #
“Elrond is a software that seeks to incentivize a distributed network of computers to run a smart contract platform that aims to prioritize scalability and low transaction fees.” #
| Cost To Stake | APR Per Node |
| $240K+ | 13.98%+ |
Profile #
- Launched in 2020
- Current Market Cap: $2,122,924,902
- Designed for security, efficiency and scalability
- Currently has 3,200 validator nodes staking
- Requires 2,500 EGLD to stake a node (least staked active validator)
- Staking produces 15.9% APR returns on EGLD staked
- Natively support delegated staking
- Destaking/Unbonding: 10 days
- Slashing/Penalties: Rating score can impact validator status
- Supports Smart Contracts
- Supports NFTs
Node Requirements #
Looking to roll your own node? Here is what’s required. #
- 24 GHz equivalent CPU (Clock * (Cores + Hyper threads))
- 8 GB RAM
- 100 GB+ SSD
- 100 Mbps Up/Down
5 Year Outlook #
Based on our research at StaaS Fund, here are the long term expectations for this asset. #
- Cost to create/buy/sell NFTs is competitive
- Adoption will increase significantly
- Promising prospect for NFT marketplace
- Distinguished in sharding scalability and rich feature support
