"# What is EDAC?
EDAC is the tokenization of mining power, in the Binance Smart Chain and in the Ethereum Blockchain (ERC20 token). Token holders can contribute to the process of securing PoW blockchain networks while benefiting from the block rewards indirectly with EDAC.
The process is as follows: EDAC tokens are sold and used to buy hashrate power, i.e. through rigs. This power generates mining rewards. The net income (around 50% of all ETH rewards) is used to buyback EDAC coins, which will immediately be burnt. This constant demand and decreasing supply should impulse EDAC price to new All-Time Highs. When an ATH is reached (not before), up to a 0.5% of token supply can be sold to buy new mining capacity, conforming a virtuous circle of returns."
High buy taxes can significantly reduce the received value, heightening the risk of loss and affecting the token's trade viability. Above 10% may be considered a high tax rate. More than 50% tax rate means may not be tradable.
A sell tax, particularly high rates, can diminish the returns on investment, potentially deterring token liquidity and market participation. Above 10% may be considered a high tax rate. More than 50% tax rate means may not be tradable.
Open-source contracts like EDAC ensure transparency and align with code security best practices, lowering the risk of hidden vulnerabilities.
The EDAC smart contract indicates a fixed structure, reducing the risk of unexpected changes that could lead to a rugpull.
EDAC smart contracts has no minting capabilities which ensures a stable token supply, safeguarding against unexpected inflation that can devalue the price of EDAC.
The deployer address of EDAC is known. This can provide clarity and accountability, reducing the risk of unauthorized contract modifications that could lead to cryptocurrency fraud.
Non-reclaimable ownership of EDAC ensures stability in contract governance, mitigating the risk of unexpected alterations that could compromise token security.
The EDAC contract prevents its owners from altering token balances provide a layer of security against unauthorized modifications, protecting against potential crypto exit scams.
The absence of hidden owners in a contract enhances transparency and trust, reducing the likelihood of malicious manipulation and scams.
Contracts lacking external call capabilities maintain operational independence, minimizing dependency risks and enhancing solidity security.
Availability on DEXs indicates a EDAC’s trade readiness and broader acceptance, possibly reflecting positively on its market presence and liquidity.
Tokens marked as purchasable, like EDAC are accessible for direct swapping on Flooz.
Tokens without sell restrictions like EDAC allow holders to liquidate their entire position, providing flexibility in investment strategies.
EDAC has fixed trading taxes which offers predictability in transaction costs associated with swapping on Flooz.
EDAC is confirmed to NOT be honeypot. EDAC is deemed safer for transactions, mitigating the risk of crypto scams and ensuring tradeability.
Contracts that cannot pause trading ensure continuous market access, supporting consistent liquidity and enable you to swap EDAC any time on Flooz and other decentralized exchanges.
EDAC has no blacklist function and thus promotes open and fair trading, reducing the risk of cryptocurrency scam and fraud.
The EDAC solidity smart contract is lacking a whitelist feature. This ensures universal access to trading, fostering inclusivity and market participation and reduces the likelihood of crypto exit scams.
Contracts without anti-whale mechanisms like EDAC allows for unrestricted transaction sizes and token holdings, which can lead to market dominance by large holders.
EDAC has a fixed anti-whale limits which can offer consistency in trading rules, protecting the its holders from sudden policy shifts.
Contracts without a trading cooldown function like EDAC allow for immediate subsequent swaps
The EDAC owner cannot set a different tax rate for every wallet. Contracts that do not allow for individualized tax rates maintain uniform transaction conditions for all users, minimizing the risk of cryptocurrency scams.
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We estimated the value of this pool based on the value of its stable/native coins.