Elrond

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 StakeAPR 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​

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