Sep 21, 2021 • 2 min read

100,000 New Users Get Access To EGLD Staking Via Passive Income Platform MyCointainer

Daniel Serb
Daniel Serb
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We’re excited to announce that EGLD is now available on MyCointainer!

The popular platform has gathered a large audience by providing an easy gateway into the crypto space for newcomers and professionals alike, who can easily earn passive income via staking, as well as joining challenges and promotional opportunities presented via the website or the mobile app.

With the addition of new features such as fiat onboarding, crypto assets exchange and game mechanics to incentivize new signups and participation, the MyCointainer platform continues to expand and thus offers an important growth opportunity for the Elrond ecosystem.

Through our collaboration 100,000 new users can now stake EGLD directly, in effect delegating towards validator nodes operated by MyCointainer. The staking provider also accepts delegations through Maiar or the Elrond Web Wallet, where you will find them listed under the available staking providers.

“The Elrond Network is designed to provide near instant transactions and low fees for billions of users. Integration with popular platforms such as MyCointainer will accelerate the proliferation of internet-scale technology towards broader audiences.” said Beniamin Mincu, Elrond Network CEO.
“We believe the scaling capabilities of the Elrond protocol will play an important role in the next big wave of DeFi innovations. It is therefore very important for us to offer MyCointainer users easy access to EGLD and enable them to seize this opportunity.” said Bartosz Pozniak, MyCointainer Founder & CEO.

About Elrond

Elrond is a new blockchain architecture, designed from scratch to bring a 1,000-fold cumulative improvement in throughput and execution speed. To achieve this, Elrond introduces two key innovations: a novel Adaptive State Sharding mechanism, and a Secure Proof of Stake (PoS) algorithm, enabling linear scalability with a fast, efficient, and secure consensus mechanism. Thus, Elrond can process upwards of 10,000 transactions per second (TPS), with 5-second latency, and negligible cost, attempting to become the backbone of a permissionless, borderless, globally accessible internet economy.

About MyCointainer

MyCointainer is a blockchain services platform for individuals, businesses and developers, offering a wide range of services that allow participation in the decentralized economy. Used by 100,000 people, MyCointainer offers easy access to 100+ assets that can be purchased with fiat, staked for passive income, and exchanged with other assets.