Introduce
In financial matters, deflation is a decrease in the general value level of products and companies. It occurs evenly if the swelling level drops below 0%. The swelling reduced the expected cash after a certain time, but increased the cash by leveling. This allows you to buy many products and companies for a similar amount of money. Contraction is specifically a pause in the level of expansion, i.e. the level of expansion, at a point where the rate of expansion decreases to a low level but is still positive.
Deflation is identified as avoiding risk: speculators and buyers begin to save cash by expanding their current value after some time. This can lead to lack of liquidity traps or the speculation that it produces more work and produces goods.
In a closed economy, this is because imposing zero plots means either no profits for government protection or negative gains for short developments. In an open economy, he exchanges shipments and saves cash. Debit cash basically does not animate tariffs to similar levels and generates more expensive import tariffs.
Deflation tokens, another money accessible to everyone on earth, are fully decentralized and supported by everyone without focus experts. The system has been validated through science and allows people to manage their own funds. Emphasizing capacity efficiency, smarter blockchain and large-scale industry support, volume and liquidity exchanges, the Ethereum system is ideal for eroding blockchains. This is why we chose the ERC20 standard.
(EROS) Erosion is the first deflationary currency based on the original Ethereum blockchain! I will explain to you who do not know about Ethereum. Ethereum is that Ethereum is a blockchain platform with smart contract capabilities. Developed by the end of 2013 by Vitalik Buterin. ETH, also known as Ether, is the currency of the Ethereum Blockchain system. This is what you can trade on the exchange.
(EROS) Erosion is the first hypodeflationary ™ currency originally based on ethereum blockchain! Let me explain to you who doesn’t know about Ethereum, ethereum is that Ethereum is a Blockchain platform with Smart Contract functionality. Developed by Vitalik Buterin in late 2013. ETH, also known as Ether, is the currency of Ethereum’s Blockchain system. This is what you can trade on the current exchanges. In a nutshell: Ethereum is a Blockchain platform, and ETH is the monetary unit in the foundation of Ethereum. The blockchain is a database system that contains information, used to store information in linked information blocks, and is managed by everyone involved in the system, rather than on one side. 3rd individual such as state or central bank;
Erosion token (EROS) is a descending (deflationary) currency on the Ethereum blockchain. Initially, 10,000,000 EROS were created and will no longer be cast. Every time Eros is sent, 0.01% of the transaction disappears from the total FOREVER supply. A low 0.01% combustion amount allows these tokens to be much more feasible when used in dapps. With the following main features:
Hypodeflationary 0.01% write rate: During each transfer, 0.01% of the transaction will be burned and removed from existence. But EROS will have no minimum combustion, unlike bombs, EROS has 18 decimal points in the token contract, which allows for accurate transfer, EROS also do es not burn more than 14 decimal places, meaning in the distant future , EROS will not cancel itself.
In short: Ethereum is a blockchain platform, ETH is a monetary unit based on Ethereum. A blockchain is a database system used to contain information and store information in linked information blocks, managed by everyone involved in the system rather than on one side. Third person, such as a state bank or a central bank.
Token erosion (EROS) is a currency reduction (deflation) of the Ethereum blockchain. Initially 10,000,000 EROS have been created and are no longer used. Each time Eros is sent, 0.01% of the trade is lost forever on the total supply. If the burn rate is as low as 0.01%, you can use this token in your Dapps application.
Characteristic
Lowest Definition 0.01% Burning Rate
During each transfer, 0.01% of the transaction is incinerated and removed from existence.
Compatible Dapp
The ERC20 standard protocol for dapp integration is simple but offers the benefits of long term deflation.
Supply up to 10 million
Only 10 million EROS tokens are generated. This supply reduces the growing shortage.
Assets do not damage themselves
EROS is burning to 14th decimal place. This means that the supply remains after all combustion has been completed.
Extensive Dapp Ecosystem
EROS will be integrated into the vast ecosystem of large-scale adoption to promote mass adoption.
Token Information
Total Supply -10,000,000 EROS
Total Space Drop-8,000,000 EROS (80%)
Total prize money-1,000,000 EROS (10%)
Team + Others (list payment, etc.)-1,000,000 EROS (10%)
Token Name-Erosion
Token Symbol-EROS
Decimal-18
Round Burn-14
Burning rate-0.01% of each transaction
Deployed:
Erosion Token (EROS) is a currency that contracts (low pressure contractions) on the Ethereum blockchain.
Total Supply -10,000,000 EROS
Total Space Drop-8,000,000 EROS (80%)
Total prize money-1,000,000 EROS (10%)
Team + Others (list payment, etc.)-1,000,000 EROS (10%)
FOR MORE INFORMATION:
Website: http://erosiontoken.surge.sh/
Twitter: https://twitter.com/Erosion_token
Telegram: https://t.me/erostoken
Anns Thread: https://bitcointalk.org/index.php?topic=5161708
Disputes: https://discord.gg/ADEZgPP
Author (thewoyo10)
Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=2346772
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