PrimalBlock

We focus on technology-induced black swans and investing in the companies and founders that are creating them.

[PrimalBlock @PrimalBlock]

Many investors follow trends, we anticipate them
@PrimalBlock focuses on technology-induced black swans and investing in the companies and founders that are creating them.

[PrimalBlock @PrimalBlock]

Happy New Year!

PrimalBlock manged to maintain in the last 9 months one of the highest APR from all staking providers on the Elrond Network.

Currently the APR is at 15.2% that is the equivalent of 16.4% APY.

[PrimalBlock @PrimalBlock]

🔥In preparation for the next Elrond Mainnet upgrade and in order to further support decentralization and more delegations, we are increasing each day the cap by 1000 EGLD, for the next 10 days, so more people can stake towards our staking pool.

[PrimalBlock @PrimalBlock]

In preparation for the next Elrond mainnet upgrade and in order to further support decentralization and more delegations, we are increasing in approx. 30 min the cap with 6000 EGLD, so more people can stake towards our staking pool.

[PrimalBlock @PrimalBlock]

💡APR vs APY

APR refers to the simple interest accrued from a particular investment over a 1 year period.

APY refers to the compounded interest accrued from a particular investment over a 1 year period. APY reflects more accurately the expected yearly returns of that investment

[PrimalBlock @PrimalBlock]

The rewards can vary each day. Every day only 50% of the nodes are generating rewards. So there are days with higher rewards and days with smaller rewards. But on a timeframe of 3-4 weeks you will see the reward rate will be closed to the estimated APR.

https://t.co/Vy0aT70PX9

[PrimalBlock @PrimalBlock]

💡Did you know that by staking and compounding you $EGLD rewards you are “bypassing” the delegation cap of the staking pool and, on the other hand, there is no minimum on how much you can stake for rewards (as opposed to the min. of 1 EGLD for normal staking).

[PrimalBlock @PrimalBlock]

@lejeunefauve Please check our website at https://t.co/VAww47TqHl. We have a forum and chat there.

[PrimalBlock @PrimalBlock]

@lejeunefauve @ElrondNetwork Check your wallet. This is the claim rewards tx. It shows 0 because technically you send a 0 tx to tell the staking pool smart contract that you want to claim your rewards. And then the smart contract actually sends you your rewards. Read this as well: https://t.co/iqQcW3bPxs

[PrimalBlock @PrimalBlock]

New post with more updates regarding @ElrondNetwork latest changes.

By running some estimations we can now say that: PrimalBlock is offering the best APR (20%) on @ElrondNetwork and is one of the biggest staking providers in terms of amount staked.

https://t.co/VaSqoLDi2D

[PrimalBlock @PrimalBlock]

🎁First rewards are available to be claimed.

💡Please read this post about rewards, compounding them, current APR and future APR 👇:

https://t.co/iqQcW3bPxs

[PrimalBlock @PrimalBlock]

Here are the latest changes announced by @ElrondNetwork: https://t.co/uYBZEQ8PsO

[PrimalBlock @PrimalBlock]

Here is the latest prediction of our reward rate (APR) based on the recent changes announced by Elrond in order to accommodate more nodes due to the high demand from the community.

[xPortal @xPortalApp]

BIG day today for the @ElrondNetwork community!

$EGLD staking is live in Maiar.

[PrimalBlock @PrimalBlock]

Phase 3 is live on Elrond: What you need to know!

https://t.co/6IIQZ7J2WA

[PrimalBlock @PrimalBlock]

Verifying myself: I am primalblock on https://t.co/qEYLwye54S. Fw5TCjmZU8xz7S6QNshTd6J6n0gQaikUbkyz / https://t.co/hoDDTYYsMA

[PrimalBlock @PrimalBlock]

We just launched https://t.co/Yz9qkbogKX. Check it out and get in touch with us.

[PrimalBlock @PrimalBlock]

Many investors follow trends, we anticipate them
@PrimalBlock focuses on technology-induced black swans and investing in the companies and founders that are creating them.

[PrimalBlock @PrimalBlock]

What we look for in startups: long-term defensibility at-scale, ideally with strong network effects or high switching costs, one or more unfair advantages, a well thought-out distribution model, and attractive economics, ideally with recurring revenue.