Elrond ESDT Token Model

The ESDT token model makes it possible to provide for true ownership of assets, advanced programmability, and low transfer fees, making it an essential foundation to build efficient and robust DeFi products.

The token transfers are inexpensive.  This is enabled by the built-in functions by protocol which makes it possible for tokens to be transferred from one account to the other without having to invoke a smart contract while at the same time paying the associated fees. Thus, it is possible to transfer stable coins at a lower cost when compared to other blockchain, therefore making Elrond an important player in the advancement of DeFi.

Elrond (EGLD) Integrations

The Elrond architecture and its protocol has been created with a clear thought of interoperability in mind.  Elrond mainnet can be easily integrated into a network of protocols.

By integrating $EGLD with blockchain interoperability protocol PolyNetwork2, Bitcoin, and tokens from Ethereum, Neo, Ontology and Cosmos are made available on the mainnet for cross-chain DeFi using Elrond tech. 

The price of EGLD is yet to take off.  So, for investors this might be right the time to take position.  BTC and ERC20 liquidity is made easily available for Elrond Native DeFi use cases.

The internet is made up of a vast array of interconnected computers covering different networks, equipment, software etcetera and all of this is to provide for unaltered data to anyone from across the world.  Thus, it is known as Internet of Data.

Developers, validators, and businesses are making use of Elrond to build a new internet economy and all are hoping to enjoy the benefits of 1000x improvement in blockchain speed, cost, scale and user experience.