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May 18,2022
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The EagleCoin community will be built through social media, and the initial issuance of EagleCoin will be 3,600,000 coins (30 percent of the maximum total number of all future coins). The total amount of future Eaglecoin coins will be limited at 12,000,000. EagleCoin is a pre-mined token that represents a portion of EaglePay's assets. EagleCoin's growing investor community is critical because it will be seen as a destination for profitable investment and a bridge to new user contact with banks and other institutions where previous crypto currency design (i.e. not meeting legal standards) made use difficult. Bitcoin, ripple, iota, hextra, davor, googlenews, crypto currency, and cryptonews are some of the terms used in this article.
Using EagleWallet with EagleCoin Holders of EagleCoin will need an EagleWallet Android wallet to store their coins, which will eliminate the need to write or copy long randomised private key/passwords. EagleCoin owners may want access to their EagleWallets in places where computers are not available. For security reasons, the EagleWallet was created utilising the Tor network, which allows for anonymous private access that is difficult to trace. The EagleWallet allows users to access information more quickly and easily. Staking Benefits Coinholders can claim staking incentives after holding their coins for at least three days.
This payment is proportional to how long coins have been in circulation.holding, as well as the number of coins held. Coinage is the value of this relationship, which is calculated by multiplying the length of time coins have been kept by the number of coins. A larger and older set of coins will have a higher coinAge, and there is a direct correlation between staking rewards and coinAge. After staking incentives have been taken, the coinage is reset to zero, and holders must wait at least three days before claiming another staking reward. To prevent undue market dominance, CoinAge achieves a maximum level after 90 days and will never rise over that level. The coinAge is used when moving any quantity of coin to other wallets.The coinAge will be reset to zero once more. EagleCoin holders can transfer any quantity of the cryptocurrency to their personal wallet (senders and receivers address must match).
Mint functions can be used with the EagleCoin smart contract in Mist, MySmartWallet, or any other wallet that supports contract interaction. Staking reward projections for EagleCoin holders in their first year are around 100%, meaning that if one had 100 EagleCoins at the end of the year, the staking payout would be 100 EagleCoins. Estimates for the second year are in the range of 50 percent, with the third and subsequent years falling to around 10% and stabilising. Investor Advantages of Eaglecoin There are three major advantages for EagleCoin investors. The first is the stake payouts.
The first is the staking rewards, which can be claimed after only three days of holding EagleCoin. The second is that for every EagleCoin held, a one-to-one EagleShare token is created and can be collected. Based on EaglePay holding performance, this token can be sold or used to garnish dividends. Finally, when the value of EaglePay increases, a profit is generated. Visit https://eaglepay.io/ for more information.
