$ELFIN USD
Betting and Wagering are enable for users to place bets on eSports events and outcomes using $ELFIN USD. How does it work? Every $E-USD is backed by 1 stablecoin, it could be USDT, BUSD or USDC.
Why do Elfin eSports created $ELFIN USD?
Price Stability and Fair Competition: Players can have confidence that their in-game earnings won't fluctuate, ensuring a consistent and predictable gaming experience.
User-Friendly Transactions and Predictable Budgeting: Stablecoins are easy to understand and use. This simplifies the user experience and encourages broader adoption of the gaming platform. They know exactly how much their tokens are worth, which is important for managing in-game purchases and expenses.
Liquidity: Stablecoins are generally highly liquid and can be easily exchanged for other cryptocurrencies or fiat currencies. This liquidity is beneficial for both players and the gaming platform, as it allows for the efficient movement of assets within and outside the ecosystem.
Last updated