Project: Etch Token is the Next Proof-of-Stake Smart Contract Token on Ethereum platform. It’s based on the ERC20 Token Standard and implements all standard methods. As an Ethereum token, Etch first implements the Proof-of-Stake mechanism, meaning that holders of Etch Token can earn some extra tokens just by holding Etch Token for a period of time, greater than or equal to The Minimum Coin Age. At EtherChain , we believe the control of the token should be in the investors hands. Therefore , there is no ICO or funds collected. No need to deposit on a lending platform. Once the tokens are distributed , you will be able to stake them right from your wallet. You can also put them up for sale on ether delta by simply pasting contract address in search bar and create a sell order. Once the tokens are in your hands , you have full control to send them to whoever and wherever you want. They are not locked on a lending platform like most staking / lending tokens.
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