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.
How it works?
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."
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Flooz offers you the ability to buy the token of your choice, and the payment method you’re looking for. Using the Flooz App, you can now buy EDAC with Apple Pay, Google Pay or Credit Card. You'll be able to make instant crypto purchases without the hassle. Don’t worry, you can link any bank account, and also pay directly using your mobile number! The choice is yours, starting with EDAC (EDAC), or any other crypto, we’ve got you covered.
In a few simple steps, you’ll be able to buy EDAC token using Flooz. The Flooz Checkout feature allows you to effortlessly buy EDAC token using your local FIAT currency, like Dollars, Euros, Pounds, and Naira. Check out our guides on how to buy or swap your EDAC!