Utilizing the SHA256 PoW algorithm, Eigencoin is a self-regulated financial system that allows owners to earn more coins through mining, staking, or direct purchasing through Bitcoin.
Eigencoin makes deliberate investments in its ecosystem in order to maximize long-term growth for its lenders. Our developers will utilize dedicated mining rigs to allow our team to mine Eigen, and use that as a source to pay out interest to our community.
Eigencoin staking will amount to 22% annually. Staking will begin promptly one hour after coins have been deposited in the wallet. There is no maximum staking amount; the longer your coins are in wallets, the more coins you will earn.
Eigencoin has many unique features that make it more accessible than other platforms, including a full coin ecosystem, a bi-annual buyback program, an ad-revenue redistribution program, and early lending-investment withdrawal. More information and a full list of features can be found in the whitepaper.
|Block Time||1.5 mins|
|Proof-of-Work (PoW) reward||0.05|
|Proof-of-Stake (PoS) interest rate||22% per year|
|Minimum staking age||1 hour|
|Maximum staking age||Unlimited|
|Block Confirms for Mined Blocks||30|
|Block Confirms for Sending/Receiving||6|
|Total Coins:||28,000,000 EIGC|