What is Electra Protocol (XEP) | What is XEP token

What is Electra Protocol

Electra Protocol is a proof-of-stake open-source platform that runs on an ever-developing and improving blockchain. Its core purpose is to build a fast and secure cryptocurrency that allows transactions to occur at a considerably lower than average processing fee rate.

With a team of coordinators and developers from across the globe, this community-based project aims to be the first and most widely used cryptocurrency on the market. With its native coin XEP, Electra Protocol perceives itself as becoming a popular payment processing option, using data money without the complexities of the current forms of payment infrastructures.

Electra Protocol Features

Electra Protocol by itself is a standalone, ultra-fast, and secure form of data money with near-zero processing fees. When placed together with its flagship product, ElectaPay, one can witness its true potential.

ElectraPay is a payment solution for e-commerce merchants who are looking for the alternative payment methods that cryptocurrency provides. In other words, it is a complete financial management system that will allow merchants to quickly adopt an alternative payment method that is not dependent upon payment service providers, banks, or credit card companies to complete transactions. This unique payment solution will offer many advantages that traditional payment platforms fail to give merchants. These benefits include lower transaction fees, immediate access to funds, and state-of-the-art security provided by the Electra Protocol blockchain, all while maintaining an incredibly fast transaction speed.

In regards to the client end, ElectraPay will offer the same advantages of speed and security. In the event there is a problem with the transaction, ElectraPay will automatically refund the customer, which is an unusual feature in the crypto world.

What Makes Electra Protocol Unique

One of Electra Protocol’s unique selling proposition is the project’s community. When looking at social media channels such as Telegram, Discord, Twitter, and Facebook, the project has shown strong community growth as others learn about Electra Protocol. The Electra Protocol core team’s average age is over 35 years old, with the majority of team members bringing more than 15 years of professional business experience to the table, which has greatly supported the project’s business development.

In addition to ElectraPay, Electra Protocol is expanding its scope from not only being a payment focused coin to a project that can facilitate multiple use cases. An example of this is a pilot currently taking place with a company in the food production industry that uses the Electra Protocol blockchain for product traceability in its supply chain. The first responses from the company’s international customers are very positive. This feedback has encouraged the team to continue to explore this path.

The Electra Protocol team is currently working towards a business model that will provide partners with all the necessary software and tools to enable the project’s technology monetization. First contacts with European companies have been established, with interest in utilizing either the Electra Protocol Ecosystem or a refurbished closed source version of it.

Electra Protocol takes great pride in the fact that it is a member of the prestigious Electronic Transactions Association (ETA). Among ETA members are such names as Google, Amazon, Bank of America, Apple, and Worldpay. As a member, Electra Protocol is taking its seat and joining committees that contribute to ETA’s focus on payment technologies. The opportunity to be a part of the association will help Electra Protocol as it continues to grow its network of key industry groups and individuals.

The premine for Electra Protocol will total 3 billion coins. To ensure trust and credibility through the community, the team decided to release 1.5 billion during the mainnet launch. The remaining will stay locked during 2021, with 500 million released each year over the next three years.

Total premine: 3 Billion XEP

Initial premine, 2021: 1.5 Billion XEP will be unlocked

January 2022: 500 million XEP to be unlocked

January 2023: 500 million XEP to be unlocked

January 2024: 500 million XEP to be unlocked

Purpose of the premine:

The premine will only be used to cover the costs for expenses such as exchange listings, development costs, infrastructure, marketing, bounty distribution, and other third-party needs.

Premine addresses will be made public on our website.

Phase 1:

To expedite the release of the first version of the XEP blockchain, the team decided that the initial version will include the following features:

Block size : 10MB

Block Time : 80 seconds

Algorithm : SHA256 — PoS V3.0e

Segwit : Enabled

BTCcore used : v0.21.0 (latest)

Average TPS: 1500

The wallet and GUI will be released as a simplified version. This will allow the team to utilize this active transition period to focus on getting XEP listed on exchanges and coin tracking platforms such as CoinMarketCap and CoinGecko. This wallet version will be used during the presale, allowing users to transfer their coins to their wallets, which will enable them to start staking.

Release of XEP Wallet v.1.0

We will release a base wallet for desktops towards the completion of the phase one milestone. The desktop wallets will be used during the presale and airdrop distribution to store your XEP coins. There will be no mobile wallets at this time for XEP storage.

Phase 2:

As we move into the second phase, our developers will continue developing the XEP blockchain, where they will implement validator nodes and other unique features. It is a top priority to have this completed during Q1 of 2021. Meanwhile, the team will continue to work on an all-new UI wallet. In addition to improved security, users will see many improvements to the updated wallet in comparison to the classic QT wallet.

Release of XEP Wallet v2.0

The team will work towards developing an improved version of v1.0, which will include many new features and an enhanced graphical interface.

Mobile Wallets:

We anticipate Q1 of 2021 to be an extremely busy period, which could prevent our developers from focusing on our mobile wallets; however, once this initial hectic period has passed, the team will prepare mobile wallets for the Android and iOS platforms. Please stay tuned for forthcoming information throughout this period.

Presale from premine

Over the past two weeks, the team has received many suggestions and recommendations from community members. While the majority suggested that we not set a low selling price, after much consideration and discussion, the team has decided to set the presale price starting at the 5 Satoshi price level. Users who want to buy from the presale will be able to buy XEP through soon to be announced exchanges.

Funds raised from the presale will be allocated to achieving T1 exchange listings and very critical costs afterward.

As an incentive for presale participants, we have set a special reward system where the early XEP adopters will be rewarded a higher staking bonus, which will occur until the airdrop distribution.

The team plans to put approximately 650–700 million XEP into scaled sell walls for the presale process. Sell orders will be placed either on single or multiple exchanges, which will list XEP.

*** **We reserve the right to change the amount of XEP during the presale period.

Rewarding of the presale participants;

From January 1 through January 10: 365% APR (1% daily) bonus of the purchase sent to the wallet for each full day confirmed.

*At least one stake is mandatory in order to earn the bonus.

Eligible participants will need to complete the following steps:

  • Buy XEP from an exchange
  • Send to the wallet in a newly created address (1 deposit = 1 new address)
  • Submit the transaction ID in the dedicated Google form provided in due time
  • Do not move the coins after the deposit to be eligible for the bonus.
  • Unlock to start staking

Important notice:

  • January 11, we will check the form and the addresses.
  • 1 day = 1080 confirmations (80s block time)
  • Bonus will be distributed on February 15
  • Bonus max is 10%

Examples of bonus distribution for presale buyers

Example 1:

  • A user buys 10 million XEP on January 1 at 00:01 AM and immediately sends it to the wallet and enables staking.
  • On January 11, this wallet has staked at least once, and the transaction gets 11,878 confirmation in the blockchain.
  • Bonus will be 11,878/1080 = 10.99 = 10%
  • This user will receive a bonus of 1,000,000 XEP for his 10 million XEP purchase

Example 2:

  • A user buys 50 million XEP on January 5 at 00:01 AM and immediately sends it to the wallet and enables staking.
  • On January 11, this wallet has staked at least once, and the transaction gets 6,480 confirmation in the blockchain.
  • Bonus will be 6,480/1080 = 6%
  • This user will receive a bonus of 3,000,000 XEP for his 50 million XEP purchase

Airdrop Application:

We have completed the development of the airdrop application for both PC and Mobile wallets. On January 1, 2021, we will release the following information.

  • The link for which you will be able to download the application
  • Instructions on the steps you will need to take
  • Guidance on the information you will need to enter

Exchanges:

The XEP team is currently in contact with existing ECA listed exchanges. We have reached listing agreements with some of the current exchanges; however, we are still negotiating with the remaining.

As we explained in the presale section, our primary goal is to be listed on T1 exchanges, and we will continue to make this our priority.

Website and Explorer Progress:

The entire XEP team is currently working on several aspects of the Electra Protocol project. While we are preparing an exceptionally fast explorer, we may choose to release our first explorer in a simplified form, with less focus on the GUI oriented block explorer. Our goal is to release the improved explorer during Q1 of 2021.

In addition to the above, we have secured our domain name and website hosting provider. We plan to transfer the domain name to our hosting provider within the coming month. As we continue to progress further into the next chapter of the Electra Protocol, we will continue to share updates and information relevant to the project.

Very Important Reminder:

Please stay vigilant and aware that there are individuals acting as imposters of XEP team members on various social media channels. These individuals may do such acts as attempting to help you during the airdrop process. We have already identified some fake accounts and will continue to watch for others that may come about. If you find yourself in need of help, please be sure that you are communicating with a support team member. You will find our support team only on our official channels, and they all have an official group title. You should also be aware of the fact that we will never contact you first. A true sign of an imposter is the fact that they will reach out to you first. If someone reaches out to you, please do not provide the individual with any of your account information or click on any link they may send to you.

Would you like to earn many tokens and cryptocurrencies right now! ☞ CLICK HERE

Visit ICO Website ☞ CLICK HERE

Looking for more information…

☞ Website
☞ Explorer
☞ Whitepaper
☞ Source Code
☞ Social Channel
Message Board
☞ Coinmarketcap

Create an Account and Trade Cryptocurrency NOW

Binance
Bittrex
Poloniex
Bitfinex
Huobi

Thank for visiting and reading this article! I’m highly appreciate your actions! Please share if you liked it!

#blockchain #bitcoin #crypto #electra protocol #xep

What is GEEK

Buddha Community

What is Electra Protocol (XEP) | What is XEP token

What is Electra Protocol (XEP) | What is XEP token

What is Electra Protocol

Electra Protocol is a proof-of-stake open-source platform that runs on an ever-developing and improving blockchain. Its core purpose is to build a fast and secure cryptocurrency that allows transactions to occur at a considerably lower than average processing fee rate.

With a team of coordinators and developers from across the globe, this community-based project aims to be the first and most widely used cryptocurrency on the market. With its native coin XEP, Electra Protocol perceives itself as becoming a popular payment processing option, using data money without the complexities of the current forms of payment infrastructures.

Electra Protocol Features

Electra Protocol by itself is a standalone, ultra-fast, and secure form of data money with near-zero processing fees. When placed together with its flagship product, ElectaPay, one can witness its true potential.

ElectraPay is a payment solution for e-commerce merchants who are looking for the alternative payment methods that cryptocurrency provides. In other words, it is a complete financial management system that will allow merchants to quickly adopt an alternative payment method that is not dependent upon payment service providers, banks, or credit card companies to complete transactions. This unique payment solution will offer many advantages that traditional payment platforms fail to give merchants. These benefits include lower transaction fees, immediate access to funds, and state-of-the-art security provided by the Electra Protocol blockchain, all while maintaining an incredibly fast transaction speed.

In regards to the client end, ElectraPay will offer the same advantages of speed and security. In the event there is a problem with the transaction, ElectraPay will automatically refund the customer, which is an unusual feature in the crypto world.

What Makes Electra Protocol Unique

One of Electra Protocol’s unique selling proposition is the project’s community. When looking at social media channels such as Telegram, Discord, Twitter, and Facebook, the project has shown strong community growth as others learn about Electra Protocol. The Electra Protocol core team’s average age is over 35 years old, with the majority of team members bringing more than 15 years of professional business experience to the table, which has greatly supported the project’s business development.

In addition to ElectraPay, Electra Protocol is expanding its scope from not only being a payment focused coin to a project that can facilitate multiple use cases. An example of this is a pilot currently taking place with a company in the food production industry that uses the Electra Protocol blockchain for product traceability in its supply chain. The first responses from the company’s international customers are very positive. This feedback has encouraged the team to continue to explore this path.

The Electra Protocol team is currently working towards a business model that will provide partners with all the necessary software and tools to enable the project’s technology monetization. First contacts with European companies have been established, with interest in utilizing either the Electra Protocol Ecosystem or a refurbished closed source version of it.

Electra Protocol takes great pride in the fact that it is a member of the prestigious Electronic Transactions Association (ETA). Among ETA members are such names as Google, Amazon, Bank of America, Apple, and Worldpay. As a member, Electra Protocol is taking its seat and joining committees that contribute to ETA’s focus on payment technologies. The opportunity to be a part of the association will help Electra Protocol as it continues to grow its network of key industry groups and individuals.

The premine for Electra Protocol will total 3 billion coins. To ensure trust and credibility through the community, the team decided to release 1.5 billion during the mainnet launch. The remaining will stay locked during 2021, with 500 million released each year over the next three years.

Total premine: 3 Billion XEP

Initial premine, 2021: 1.5 Billion XEP will be unlocked

January 2022: 500 million XEP to be unlocked

January 2023: 500 million XEP to be unlocked

January 2024: 500 million XEP to be unlocked

Purpose of the premine:

The premine will only be used to cover the costs for expenses such as exchange listings, development costs, infrastructure, marketing, bounty distribution, and other third-party needs.

Premine addresses will be made public on our website.

Phase 1:

To expedite the release of the first version of the XEP blockchain, the team decided that the initial version will include the following features:

Block size : 10MB

Block Time : 80 seconds

Algorithm : SHA256 — PoS V3.0e

Segwit : Enabled

BTCcore used : v0.21.0 (latest)

Average TPS: 1500

The wallet and GUI will be released as a simplified version. This will allow the team to utilize this active transition period to focus on getting XEP listed on exchanges and coin tracking platforms such as CoinMarketCap and CoinGecko. This wallet version will be used during the presale, allowing users to transfer their coins to their wallets, which will enable them to start staking.

Release of XEP Wallet v.1.0

We will release a base wallet for desktops towards the completion of the phase one milestone. The desktop wallets will be used during the presale and airdrop distribution to store your XEP coins. There will be no mobile wallets at this time for XEP storage.

Phase 2:

As we move into the second phase, our developers will continue developing the XEP blockchain, where they will implement validator nodes and other unique features. It is a top priority to have this completed during Q1 of 2021. Meanwhile, the team will continue to work on an all-new UI wallet. In addition to improved security, users will see many improvements to the updated wallet in comparison to the classic QT wallet.

Release of XEP Wallet v2.0

The team will work towards developing an improved version of v1.0, which will include many new features and an enhanced graphical interface.

Mobile Wallets:

We anticipate Q1 of 2021 to be an extremely busy period, which could prevent our developers from focusing on our mobile wallets; however, once this initial hectic period has passed, the team will prepare mobile wallets for the Android and iOS platforms. Please stay tuned for forthcoming information throughout this period.

Presale from premine

Over the past two weeks, the team has received many suggestions and recommendations from community members. While the majority suggested that we not set a low selling price, after much consideration and discussion, the team has decided to set the presale price starting at the 5 Satoshi price level. Users who want to buy from the presale will be able to buy XEP through soon to be announced exchanges.

Funds raised from the presale will be allocated to achieving T1 exchange listings and very critical costs afterward.

As an incentive for presale participants, we have set a special reward system where the early XEP adopters will be rewarded a higher staking bonus, which will occur until the airdrop distribution.

The team plans to put approximately 650–700 million XEP into scaled sell walls for the presale process. Sell orders will be placed either on single or multiple exchanges, which will list XEP.

*** **We reserve the right to change the amount of XEP during the presale period.

Rewarding of the presale participants;

From January 1 through January 10: 365% APR (1% daily) bonus of the purchase sent to the wallet for each full day confirmed.

*At least one stake is mandatory in order to earn the bonus.

Eligible participants will need to complete the following steps:

  • Buy XEP from an exchange
  • Send to the wallet in a newly created address (1 deposit = 1 new address)
  • Submit the transaction ID in the dedicated Google form provided in due time
  • Do not move the coins after the deposit to be eligible for the bonus.
  • Unlock to start staking

Important notice:

  • January 11, we will check the form and the addresses.
  • 1 day = 1080 confirmations (80s block time)
  • Bonus will be distributed on February 15
  • Bonus max is 10%

Examples of bonus distribution for presale buyers

Example 1:

  • A user buys 10 million XEP on January 1 at 00:01 AM and immediately sends it to the wallet and enables staking.
  • On January 11, this wallet has staked at least once, and the transaction gets 11,878 confirmation in the blockchain.
  • Bonus will be 11,878/1080 = 10.99 = 10%
  • This user will receive a bonus of 1,000,000 XEP for his 10 million XEP purchase

Example 2:

  • A user buys 50 million XEP on January 5 at 00:01 AM and immediately sends it to the wallet and enables staking.
  • On January 11, this wallet has staked at least once, and the transaction gets 6,480 confirmation in the blockchain.
  • Bonus will be 6,480/1080 = 6%
  • This user will receive a bonus of 3,000,000 XEP for his 50 million XEP purchase

Airdrop Application:

We have completed the development of the airdrop application for both PC and Mobile wallets. On January 1, 2021, we will release the following information.

  • The link for which you will be able to download the application
  • Instructions on the steps you will need to take
  • Guidance on the information you will need to enter

Exchanges:

The XEP team is currently in contact with existing ECA listed exchanges. We have reached listing agreements with some of the current exchanges; however, we are still negotiating with the remaining.

As we explained in the presale section, our primary goal is to be listed on T1 exchanges, and we will continue to make this our priority.

Website and Explorer Progress:

The entire XEP team is currently working on several aspects of the Electra Protocol project. While we are preparing an exceptionally fast explorer, we may choose to release our first explorer in a simplified form, with less focus on the GUI oriented block explorer. Our goal is to release the improved explorer during Q1 of 2021.

In addition to the above, we have secured our domain name and website hosting provider. We plan to transfer the domain name to our hosting provider within the coming month. As we continue to progress further into the next chapter of the Electra Protocol, we will continue to share updates and information relevant to the project.

Very Important Reminder:

Please stay vigilant and aware that there are individuals acting as imposters of XEP team members on various social media channels. These individuals may do such acts as attempting to help you during the airdrop process. We have already identified some fake accounts and will continue to watch for others that may come about. If you find yourself in need of help, please be sure that you are communicating with a support team member. You will find our support team only on our official channels, and they all have an official group title. You should also be aware of the fact that we will never contact you first. A true sign of an imposter is the fact that they will reach out to you first. If someone reaches out to you, please do not provide the individual with any of your account information or click on any link they may send to you.

Would you like to earn many tokens and cryptocurrencies right now! ☞ CLICK HERE

Visit ICO Website ☞ CLICK HERE

Looking for more information…

☞ Website
☞ Explorer
☞ Whitepaper
☞ Source Code
☞ Social Channel
Message Board
☞ Coinmarketcap

Create an Account and Trade Cryptocurrency NOW

Binance
Bittrex
Poloniex
Bitfinex
Huobi

Thank for visiting and reading this article! I’m highly appreciate your actions! Please share if you liked it!

#blockchain #bitcoin #crypto #electra protocol #xep

What is Electra Protocol (XEP) | What is Electra coin | What is XEP coin

What is Electra Protocol

Electra Protocol is a proof-of-stake open-source platform that runs on an ever-developing and improving blockchain. Its core purpose is to build a fast and secure cryptocurrency that allows transactions to occur at a considerably lower than average processing fee rate.

With a team of coordinators and developers from across the globe, this community-based project aims to be the first and most widely used cryptocurrency on the market. With its native coin XEP, Electra Protocol perceives itself as becoming a popular payment processing option, using data money without the complexities of the current forms of payment infrastructures.

Electra Protocol Features

Electra Protocol by itself is a standalone, ultra-fast, and secure form of data money with near-zero processing fees. When placed together with its flagship product, ElectaPay, one can witness its true potential.

ElectraPay is a payment solution for e-commerce merchants who are looking for the alternative payment methods that cryptocurrency provides. In other words, it is a complete financial management system that will allow merchants to quickly adopt an alternative payment method that is not dependent upon payment service providers, banks, or credit card companies to complete transactions. This unique payment solution will offer many advantages that traditional payment platforms fail to give merchants. These benefits include lower transaction fees, immediate access to funds, and state-of-the-art security provided by the Electra Protocol blockchain, all while maintaining an incredibly fast transaction speed.

In regards to the client end, ElectraPay will offer the same advantages of speed and security. In the event there is a problem with the transaction, ElectraPay will automatically refund the customer, which is an unusual feature in the crypto world.

What Makes Electra Protocol Unique

One of Electra Protocol’s unique selling proposition is the project’s community. When looking at social media channels such as Telegram, Discord, Twitter, and Facebook, the project has shown strong community growth as others learn about Electra Protocol. The Electra Protocol core team’s average age is over 35 years old, with the majority of team members bringing more than 15 years of professional business experience to the table, which has greatly supported the project’s business development.

In addition to ElectraPay, Electra Protocol is expanding its scope from not only being a payment focused coin to a project that can facilitate multiple use cases. An example of this is a pilot currently taking place with a company in the food production industry that uses the Electra Protocol blockchain for product traceability in its supply chain. The first responses from the company’s international customers are very positive. This feedback has encouraged the team to continue to explore this path.

The Electra Protocol team is currently working towards a business model that will provide partners with all the necessary software and tools to enable the project’s technology monetization. First contacts with European companies have been established, with interest in utilizing either the Electra Protocol Ecosystem or a refurbished closed source version of it.

Electra Protocol takes great pride in the fact that it is a member of the prestigious Electronic Transactions Association (ETA). Among ETA members are such names as Google, Amazon, Bank of America, Apple, and Worldpay. As a member, Electra Protocol is taking its seat and joining committees that contribute to ETA’s focus on payment technologies. The opportunity to be a part of the association will help Electra Protocol as it continues to grow its network of key industry groups and individuals.

Electra Protocol is a technology that allows you to send cryptocurrency instantly to anyone in the world.

Near Zero Fees

XEP transaction fees are set at less than a fraction of a penny.

Eco Friendly

Without relying on mining, printing, or minting, XEP is sustainable data money.

Instant

XEP can handle 1500+ TPS, so sending data money is quick and easy-to-use.

Security

Our secure blockchain ensures funds are protected from malicious attacks.

Community Project

A organization cannot succeed without a supportive community.

Decentralized

Decentralized with every aspect being transparent. Even the code is open-source.

Progress Report on XEP

Image for post

Since we released the “ The New Chapter — Electra Protocol” announcement, the Electra Protocol team has been diligently working to strengthen XEP as we get ready to take it to new heights. As we are getting closer to XEP’s release date, we want to take the time to share some essential step-by-step information regarding how we intend to conduct the activation of the XEP blockchain and its related resources. We feel that these steps will allow for a stable and secure environment as we move forward.

New Pre-mine:

The premine for Electra Protocol will total 3 billion coins. To ensure trust and credibility through the community, the team decided to release 1.5 billion during the mainnet launch. The remaining will stay locked during 2021, with 500 million released each year over the next three years.

Total premine: 3 Billion XEP

Initial premine, 2021: 1.5 Billion XEP will be unlocked

January 2022: 500 million XEP to be unlocked

January 2023: 500 million XEP to be unlocked

January 2024: 500 million XEP to be unlocked

Purpose of the premine:

The premine will only be used to cover the costs for expenses such as exchange listings, development costs, infrastructure, marketing, bounty distribution, and other third-party needs.

Premine addresses will be made public on our website.

Phase 1:

To expedite the release of the first version of the XEP blockchain, the team decided that the initial version will include the following features:

Block size : 10MB

Block Time : 80 seconds

Algorithm : SHA256 — PoS V3.0e

Segwit : Enabled

BTCcore used : v0.21.0 (latest)

Average TPS: 1500

The wallet and GUI will be released as a simplified version. This will allow the team to utilize this active transition period to focus on getting XEP listed on exchanges and coin tracking platforms such as CoinMarketCap and CoinGecko. This wallet version will be used during the presale, allowing users to transfer their coins to their wallets, which will enable them to start staking.

Release of XEP Wallet v.1.0

We will release a base wallet for desktops towards the completion of the phase one milestone. The desktop wallets will be used during the presale and airdrop distribution to store your XEP coins. There will be no mobile wallets at this time for XEP storage.

Phase 2:

As we move into the second phase, our developers will continue developing the XEP blockchain, where they will implement validator nodes and other unique features. It is a top priority to have this completed during Q1 of 2021. Meanwhile, the team will continue to work on an all-new UI wallet. In addition to improved security, users will see many improvements to the updated wallet in comparison to the classic QT wallet.

Release of XEP Wallet v2.0

The team will work towards developing an improved version of v1.0, which will include many new features and an enhanced graphical interface.

Mobile Wallets:

We anticipate Q1 of 2021 to be an extremely busy period, which could prevent our developers from focusing on our mobile wallets; however, once this initial hectic period has passed, the team will prepare mobile wallets for the Android and iOS platforms. Please stay tuned for forthcoming information throughout this period.

Presale from premine

Over the past two weeks, the team has received many suggestions and recommendations from community members. While the majority suggested that we not set a low selling price, after much consideration and discussion, the team has decided to set the presale price starting at the 5 Satoshi price level. Users who want to buy from the presale will be able to buy XEP through soon to be announced exchanges.

Funds raised from the presale will be allocated to achieving T1 exchange listings and very critical costs afterward.

As an incentive for presale participants, we have set a special reward system where the early XEP adopters will be rewarded a higher staking bonus, which will occur until the airdrop distribution.

The team plans to put approximately 650–700 million XEP into scaled sell walls for the presale process. Sell orders will be placed either on single or multiple exchanges, which will list XEP.

*** **We reserve the right to change the amount of XEP during the presale period.

Rewarding of the presale participants;

From January 1 through January 10: 365% APR (1% daily) bonus of the purchase sent to the wallet for each full day confirmed.

*At least one stake is mandatory in order to earn the bonus.

Eligible participants will need to complete the following steps:

  • Buy XEP from an exchange
  • Send to the wallet in a newly created address (1 deposit = 1 new address)
  • Submit the transaction ID in the dedicated Google form provided in due time
  • Do not move the coins after the deposit to be eligible for the bonus.
  • Unlock to start staking

Important notice:

  • January 11, we will check the form and the addresses.
  • 1 day = 1080 confirmations (80s block time)
  • Bonus will be distributed on February 15
  • Bonus max is 10%

Examples of bonus distribution for presale buyers

Example 1:

  • A user buys 10 million XEP on January 1 at 00:01 AM and immediately sends it to the wallet and enables staking.
  • On January 11, this wallet has staked at least once, and the transaction gets 11,878 confirmation in the blockchain.
  • Bonus will be 11,878/1080 = 10.99 = 10%
  • This user will receive a bonus of 1,000,000 XEP for his 10 million XEP purchase

Example 2:

  • A user buys 50 million XEP on January 5 at 00:01 AM and immediately sends it to the wallet and enables staking.
  • On January 11, this wallet has staked at least once, and the transaction gets 6,480 confirmation in the blockchain.
  • Bonus will be 6,480/1080 = 6%
  • This user will receive a bonus of 3,000,000 XEP for his 50 million XEP purchase

Airdrop Application:

We have completed the development of the airdrop application for both PC and Mobile wallets. On January 1, 2021, we will release the following information.

  • The link for which you will be able to download the application
  • Instructions on the steps you will need to take
  • Guidance on the information you will need to enter

Website and Explorer Progress:

The entire XEP team is currently working on several aspects of the Electra Protocol project. While we are preparing an exceptionally fast explorer, we may choose to release our first explorer in a simplified form, with less focus on the GUI oriented block explorer. Our goal is to release the improved explorer during Q1 of 2021.

In addition to the above, we have secured our domain name and website hosting provider. We plan to transfer the domain name to our hosting provider within the coming month. As we continue to progress further into the next chapter of the Electra Protocol, we will continue to share updates and information relevant to the project.

Very Important Reminder:

Please stay vigilant and aware that there are individuals acting as imposters of XEP team members on various social media channels. These individuals may do such acts as attempting to help you during the airdrop process. We have already identified some fake accounts and will continue to watch for others that may come about. If you find yourself in need of help, please be sure that you are communicating with a support team member. You will find our support team only on our official channels, and they all have an official group title. You should also be aware of the fact that we will never contact you first. A true sign of an imposter is the fact that they will reach out to you first. If someone reaches out to you, please do not provide the individual with any of your account information or click on any link they may send to you.

Would you like to earn XEP right now! ☞ CLICK HERE

Please add our communication channel to keep you up to date! Looking for more information…

Website
Explorer
Whitepaper
Source Code
Social Channel
Message Board
Documentation
Coinmarketcap

Create an Account and Trade Cryptocurrency NOW

BinanceBittrexPoloniexBitfinex

Thank for visiting and reading this article! I’m highly appreciate your actions! Please share if you liked it!

#bitcoin #crypto #electra protocol #xep

aaron silva

aaron silva

1622197808

SafeMoon Clone | Create A DeFi Token Like SafeMoon | DeFi token like SafeMoon

SafeMoon is a decentralized finance (DeFi) token. This token consists of RFI tokenomics and auto-liquidity generating protocol. A DeFi token like SafeMoon has reached the mainstream standards under the Binance Smart Chain. Its success and popularity have been immense, thus, making the majority of the business firms adopt this style of cryptocurrency as an alternative.

A DeFi token like SafeMoon is almost similar to the other crypto-token, but the only difference being that it charges a 10% transaction fee from the users who sell their tokens, in which 5% of the fee is distributed to the remaining SafeMoon owners. This feature rewards the owners for holding onto their tokens.

Read More @ https://bit.ly/3oFbJoJ

#create a defi token like safemoon #defi token like safemoon #safemoon token #safemoon token clone #defi token

aaron silva

aaron silva

1621844791

SafeMoon Clone | SafeMoon Token Clone | SafeMoon Token Clone Development

The SafeMoon Token Clone Development is the new trendsetter in the digital world that brought significant changes to benefit the growth of investors’ business in a short period. The SafeMoon token clone is the most widely discussed topic among global users for its value soaring high in the marketplace. The SafeMoon token development is a combination of RFI tokenomics and the auto-liquidity generating process. The SafeMoon token is a replica of decentralized finance (DeFi) tokens that are highly scalable and implemented with tamper-proof security.

The SafeMoon tokens execute efficient functionalities like RFI Static Rewards, Automated Liquidity Provisions, and Automatic Token Burns. The SafeMoon token is considered the most advanced stable coin in the crypto market. It gained global audience attention for managing the stability of asset value without any fluctuations in the marketplace. The SafeMoon token clone is completely decentralized that eliminates the need for intermediaries and benefits the users with less transaction fee and wait time to overtake the traditional banking process.

Reasons to invest in SafeMoon Token Clone :

  • The SafeMoon token clone benefits the investors with Automated Liquidity Pool as a unique feature since it adds more revenue for their business growth in less time. The traders can experience instant trade round the clock for reaping profits with less investment towards the SafeMoon token.
  • It is integrated with high-end security protocols like two-factor authentication and signature process to prevent various hacks and vulnerable activities. The Smart Contract system in SafeMoon token development manages the overall operation of transactions without any delay,
  • The users can obtain a reward amount based on the volume of SafeMoon tokens traded in the marketplace. The efficient trading mechanism allows the users to trade the SafeMoon tokens at the best price for farming. The user can earn higher rewards based on the staking volume of tokens by users in the trade market.
  • It allows the token holders to gain complete ownership over their SafeMoon tokens after purchasing from DeFi exchanges. The SafeMoon community governs the token distribution, price fluctuations, staking, and every other token activity. The community boosts the value of SafeMoon tokens.
  • The Automated Burning tokens result in the community no longer having control over the SafeMoon tokens. Instead, the community can control the burn of the tokens efficiently for promoting its value in the marketplace. The transaction of SafeMoon tokens on the blockchain platform is fast, safe, and secure.

The SafeMoon Token Clone Development is a promising future for upcoming investors and startups to increase their business revenue in less time. The SafeMoon token clone has great demand in the real world among millions of users for its value in the market. Investors can contact leading Infinite Block Tech to gain proper assistance in developing a world-class SafeMoon token clone that increases the business growth in less time.

#safemoon token #safemoon token clone #safemoon token clone development #defi token

Angelina roda

Angelina roda

1624230000

How to Buy FEG Token - The EASIEST Method 2021. JUST IN A FEW MINUTES!!!

How to Buy FEG Token - The EASIEST Method 2021
In today’s video, I will be showing you guys how to buy the FEG token/coin using Trust Wallet and Pancakeswap. This will work for both iOS and Android devices!
📺 The video in this post was made by More LimSanity
The origin of the article: https://www.youtube.com/watch?v=LAVwpiEN6bg
🔺 DISCLAIMER: The article is for information sharing. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Not investment advice or legal advice.
Cryptocurrency trading is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money
🔥 If you’re a beginner. I believe the article below will be useful to you ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner
⭐ ⭐ ⭐The project is of interest to the community. Join to Get free ‘GEEK coin’ (GEEKCASH coin)!
☞ **-----CLICK HERE-----**⭐ ⭐ ⭐
Thanks for visiting and watching! Please don’t forget to leave a like, comment and share!

#bitcoin #blockchain #feg token #token #how to buy feg token #how to buy feg token - the easiest method 2021