(EROS) Erosion is the first hypodeflationary™ currency originally based on the ethereum blockchain!
I wont bore you with all the fluff like “Based on blockchain technology” we all know what a token is and how blockchain works! After all this is bitcointalk
You might be thinking to yourself, “Boo! Another copycat of bomb!” but this is simply not the case, the economics are completely different.Heres the simple difference, BOMB is hyperdeflationary, EROS is hypodeflationaryIts quite simple, while bomb tries to explode its tokens quickly (hence a 1% burn) Erosion tries to slowly erode the tokens to provide a slow erosion like decrease (slow but deadly!) (Hence a 0.01% burn)
We all know bomb token, it is after all the bitcoin of deflationary currencies, but there is one major problem in bomb. Dapp unfeasability.
How do you expect any DAPP to even work with a 1% burn every transaction?That too with a minimum burn of 1 bomb?
Simple dapps like a cointoss or dice games already have a house edge, and now plus a 1% burn would turn the players bankroll to dust.
You cant expect any real DAPP to become popular with economics like this. This problem is what EROS tries to solve.
With a 0.01% burn, EROS is 100x more feasable to use in dapps, while still providing the long term benefits of deflation.
Erosion also has a feature to prevent self destruction at the end of its life, which is to round off the decimal burn at the 14th decimal place, this makes it so at the end, no matter what, atleast 0.000000000000010000 EROS remain
Total supply- 10 million EROSBurn rate- 0.01% per txToken name- ErosionSymbol- EROSDecimal- 18Burn roundoff- 14 decimals
Discord- https://discord.gg/JkpgXGcTelegram- https://t.me/joinchat/Hdql7herrnTGn6_g9O6OFATwitter- https://twitter.com/Erosion_tokenContract address- https://etherscan.io/tx/0x5dab61e742ef7820c5c4434fdfcf10c5b66434e53360d7dfae142b7afb891701Website- https://erosiontoken.surge.sh/Bounty campaign- https://bitcointalk.org/index.php?topic=5177126coingecko- https://www.coingecko.com/en/coins/erosion#panelcoinmarketcap- https://coinmarketcap.com/currencies/erosion/