What is EDAC?
EDAC is the tokenization of mining power. Token holders can contribute to the process of securing PoW blockchain networks while benefiting from the block rewards directly with EDAC. The token is blockchain agnostic.
How it works?
The process is as follows: EDAC tokens are sold and used to buy hashrate power, i.e. through rigs. This power generates mining rewards. The net income (around 50% of all ETH rewards) is used to buyback EDAC coins, which will immediately be burnt. This constant demand and decreasing supply should impulse EDAC price to new All-Time Highs. When an ATH is reached (not before), up to a 0.5% of token supply can be sold to buy new mining capacity, conforming a virtuous circle of returns.
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Chart Info
Security scan
EthereumScanning the contract…
Stats
- Chain
- Ethereum
- Launch Date
- Feb 28, 2022
- Date added
- Jun 27, 2022
- Listed by
- Anonymous
- Website
- edac.io
- X / Twitter
- @edactoken
- Telegram
- edac_io · 385
- Buy / sell tax
- 0% / 0%
About EDAC COIN
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How EDAC COIN compares on Ethereum
Listed on Jun 27, 2022: 64% of the 2,975 tokens on this chain came after it.
11 holders, below the median of 194 on this chain.
Blockchain: one of 3,918 projects listed in this category.
EDAC COIN: common questions
What is the EDAC COIN contract address on Ethereum?
On Ethereum: 0x1a1f2e827f9d35fd3b599ac253b33cb6e19ff556. Check it against the official channels of the project before any transaction.
What are the official links of EDAC COIN?
Website listed: edac.io. X account: @edactoken. Telegram: edac_io.
Is EDAC COIN safe?
Contract scan of Oct 24, 2026: No buy or sell tax. The 10 largest wallets hold 100% of the supply. The owner wallet holds 0.48%. The owner can change the taxes. Automatic checks cannot prove that a project is safe.
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