The Elrond team announced in a blog post on Friday that Metabonding is now live on its blockchain. Elrond said Metabonding is a Web3 bonding fire and will become the golden standard for community building. This will be the front page to the Elrond builders scene.
The team said users can stake EGLD and/or LKMEX to subscribe to the pool of innovation from which the next game-changing projects build on Elrond Network are likely to emerge.
Elrond is a high-throughput public blockchain focused on providing security, efficiency, scalability, and interoperability by employing two key elements: Adaptive State Sharding and a new Secure Proof of Stake ("SPoS") consensus mechanism.
EGLD is down by nearly 5% today and is trading at $147.13 at press time.