The Elrond sharding project has launched a conversion token that supports ERD for eGLD conversion.

2020-9-5 17:49
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On September 4, the Elrond sharding project announced that the conversion of the Elrond bridge token has been put into operation and that ERC20 / BEP2 ERD holders will be able to convert their tokens to eGLD through a dedicated website. 1000 ERD = 1 eGLD, the conversion time is 1 hour or more. As previously reported, the Elrond Mainline launched on the evening of July 30. After the launch of the Elrond mainnet sharding project, the total stock of tokens increased from 20 billion to 20 million. Elrond does not destroy tokens and the conversion option is to exchange 1 Elrond Gold Mainnet (eGLD) token for every 1000 ERD testnet tokens.

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