Rank #15,504
$EDAC

EDAC COIN

Blockchain ● Launched 32 months ago
Ethereum
0x1a1f2e827f9d35fd3b599ac253b33cb6e19ff556
0Votes
0Votes

Description

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.

Market Rank

In the dynamic and ever-changing landscape of cryptocurrencies, EDAC COIN has established itself as a formidable player. It is currently ranked #28,493 in the cryptocurrency market based on its market cap. This ranking reflects the trust and confidence that the market has in EDAC COIN as a viable digital asset.

Tokenomics

The tokenomics of EDAC COIN consist of a total supply of 170,000,000 tokens, out of which 168,381,903 tokens are currently in circulation. Understanding the tokenomics is crucial for potential investors, as it sheds light on the token's distribution and availability, which can directly impact its value and demand in the market.

Wallet Support

In order to securely store your EDAC COIN tokens, you can use a variety of wallets such as MetaMask, Trust Wallet, MyEtherWallet, Ledger, Trezor. These wallets provide a safe environment for managing and storing your digital assets. It's essential to select a wallet that supports the specific cryptocurrency and offers a high level of security, user-friendliness, and compatibility with your preferred devices.

Price Performance

The price of EDAC COIN is currently at , having experienced a 0% change in the last 24 hours. The trading volume for this period stands at 0. With a circulating supply of 168,381,903 tokens, EDAC COIN has managed to achieve a market capitalization of 0, reflecting the strong interest of the market participants.

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Info

Price$ 0.00
Market Cap$ 0
24h Variation (%)+0.00%
Total Supply170,000,000
Circulating Supply168,381,903
Launch DateFebruary 28th 2022, 00:00
Date addedJune 27th 2022, 12:39
Listed byAnonymous

Security Scan

21 hours ago

The security scan is conducted by Goplus and serves as a general indication of contract security.

It may not detect all potential threats and vulnerabilities. Always perform your own research.

Holder Count:11
Buy Tax:0.00 %
Sell Tax:0.00 %
Owner Holdings:0.48 %
Honeypot Check:
Blacklisted Check:
Top 10 Holders:100.00 %
Anti-Whale Mechanism:
Can Take Back Ownership:
Slippage Modifiable:
Transfer Pausable:
Open Source:

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