About
In financial matters, deflation is a reduction in the level of general value of products and companies. Evenly occurs when the swelling level falls below 0%. Swelling reduced the estimated cash after some time, but leveling expanded it. This allows a large number of products and companies to be bought from before with a similar size of money. deflation is specifically a disinflation, a pause in the level of swelling, for example at the point when expansion decreases to a lower level but is still positive.
Deflation is also identified with the avoidance of danger, where speculators and buyers will start saving cash because its current value is expanding after some time. This can create liquidity traps or might trigger shortages that provoke speculation of producing more work and producing goods.
In a closed economy, this is for the reason that imposing zero intrigue also means having zero profits for government protection, or even negative profits for short developments. In an open economy, he exchanges shipments, and lowers cash. Debited cash generates more expensive import tariffs without basically animating tariffs to a similar level.
Deflation tokens, another money accessible to anyone on the planet that is fully decentralized without focal experts and supported by everyone. This system is verified through science and involves people to control their own funds. Highlighting increased capacity effectiveness, smarter blockchain and large industry support, volume and liquidity exchange, the Ethereum system makes the blockchain ideal for erosion. This is the reason we chose the ERC20 standard.
(EROS) Erosion is the first hypodeflationary ™ currency originally based on the ethereum blockchain! Let me explain to you who don't know about Ethereum, ethereum is that Ethereum is a Blockchain platform with a Smart Contract function. Developed by Vitalik Buterin at the end of 2013. ETH, also known as Ether, is the currency of the Ethereum Blockchain system. This is what you can trade on the exchange today.
In short: Ethereum is the Blockchain platform, and ETH is a monetary unit on the basis of Ethereum. Blockchain is a database system that contains information, is used to store information in linked information blocks, and is managed by everyone involved in the system, not on one side. 3rd individual such as a state bank or central bank.
Token erosion (EROS) is a declining currency (deflation) on the Ethereum blockchain. Initially, 10,000,000 EROS were created and will no longer be used. Every time Eros is sent, 0.01% of the transaction is lost from the total supply FOREVER. A low 0.01% combustion number allows this token to be far more feasible when used in the Dapps application.
the features
Hypodeflationary 0.01% Burning Rate
During each transfer made 0.01% of the transaction will be burned and removed from existence.
Compatible Dapp
The ERC20 standard protocol for Dapp integration is easy while still providing the benefits of long-term deflation.
10 Million Supply Max
There will only be 10 million EROS tokens generated. This supply will reduce the increasing scarcity.
Assets Do Not Damage Yourself
EROS is burning to the 14th decimal which means there will be a remaining supply after all the combustion is complete.
Extensive Dapp Ecosystem
EROS will be integrated into the vast ecosystem of large dapps that will help drive mass adoption.
Token Details
- Total supply - 10,000,000 EROS
- Total Spacedrop - 8,000,000 EROS (80%)
- Total prizes - 1,000,000 EROS (10%)
- Team + Others (list payment, etc.) - 1,000,000 EROS (10%)
Token name - Erosion
Token symbol - EROS
Decimal - 18
Round burning - 14
Burn rate - 0.01% of each transaction
distributed:
- Erosion Token (EROS) is a currency that is deflating (hypo-deflating) on the Ethereum blockchain.
- Total supply - 10,000,000 EROS
- Total Spacedrop - 8,000,000 EROS (80%)
- Total prizes - 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
By: the.ojodumeh
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2638115
ETH: 0xdEC485bb3C3265A4CD296E132A59068eba3eD951
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