eXRD token
The eXRD Token is an Ethereum ERC-20 token. The contract for which is available to view here.
Why does the eXRD token exist?
Wrapping a token for use on another Layer 1 protocol is a common occurence that provides interoperability across networks thereby allowing token holders to extend the utility of their assets beyond the native network. This also provides utility otherwise not available.
For example, rather than waiting for the genesis of the XRD token, the eXRD token provided prospective and actual token holders the ability to buy and sell tokens that they otherwise would not have been able to do.
How many eXRD tokens exist?
The number of eXRD tokens in circulation will fluctuate over time. However the maximum is capped at the same maximum supply as XRD due to every eXRD token being backed at a ratio of 1:1.
Each eXRD is backed 1:1 by an XRD held at a secure third-party custodian, as part of the Instabridge service.
Can I buy eXRD tokens?
Always do your own due-diligence & research. This is simply a repository for your convenience, you can purchase eXRD at various exchanges such as:
Can I swap eXRD and XRD?
You can swap eXRD and XRD across these services: