Elrond ($ERD) joins as BEPSwap Launch Partner

Elrond, a scalable value transfer protocol, is joining the BEPSwap Platform to provide liquidity to ERD token holders.

THORChain
THORChain
Aug 28, 2019 · 4 min read
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BEPSwap

BEPSwap was announced on 10th of July 2019 as a new way to swap and stake BEP2 assets.

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Swapping BND instantly into ERD

Elrond

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Elrond on BEPSwap

Elrond is powered by the $ERD token which requires deep liquidity in order to be useable across the network. The ERD token is bonded by validators to secure the network and thus must have excellent price discovery.

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ERD on BEPSwap
  • THORChain and Elrond will work together to promote the ecosystem.
  • Elrond will be able to stake some parts of their treasury into the pool to offer even more liquidity to token holders.
  • ERD token holders will be able to stake ERD tokens in order to earn on trade commissions every day.

Elrond Update

Elrond has completed a number of key milestones recently, summarised below:

Follow Elrond

Medium: elrondnetwork

THORChain Update

THORChain team just released the BEPSwap tutorial where users can learn about swapping, staking and trading across liquidity pools:

THORChain

A decentralised liquidity network.

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