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EIDOS

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The total fiat value of assets in a dapp's smart contracts
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Blockchain
EOS
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What is EIDOS?

EIDOS - a token contract that operates on the EOS blockchain. If you send any amount of EOS, the blockchain will immediately send it back to you, and, at the same time, it will send 0.01% of all EIDOS tokens it has.

Contents:

  1. How does the EOS platform EIDOS work?
  2. The economic side of the dapp application
  3. More about blockchain resource

EIDOS dapp

How does the EOS platform EIDOS work?

The EIDOS token enters the EOS network. 800 million out of 1000 tokens will be provided free of charge on the platform, which will run for about 15 months. Tokenize your free EOS CPU and NET instead of wasting it.

You can instantly exchange EIDOS to or from EOS by sending platform or EOS tokens to the exchange and inserting the token you want to receive in a note. AMM has a pool of EIDOS and EOS, owned by the community, represented by EOSLP shares.EIDOS

When someone trades the platform's in-game coins against EOS, a 0.1% commission is retained in favor of the platform's token holders. EIDOS and EOS, contained in the contract, will be processed with the same value, and placing one token on one side of the pool will return the other.

The economic side of the dapp application

The EOSLP token represents the ownership interests of the liquidity providers who have added EIDOS and EOS to the pool to serve traders. Anyone can buy EOSLP. How to do it:

  • you will be immediately issued EOSLP tokens, representing your ownership of both EIDOS and the EOS side of the pool;
  • all coins own all EIDOS and EOS of the pool;
  • you can sell your EOSLP by submitting it to the exchange and pasting the memo into EOS or EIDOS.

At the moment, this is the only pair of play coins on the platform. Full CPM refunds are expected to continue until December 31, 2020. Due to the speed of development and the transition to the next stage, the developers are postponing the return date earlier. What will happen next:

Return You can receive a full refund of your CPM to receive your YAS by May 31, 2020.
Accounting unit After exceeding 5 million YAS in the project's smart contract, a YAS pool against CPM AMM will be added until all YAS is exceeded. This will happen in June 2020.

If you choose not to store your CPM tokens after May 2020, simply submit your CPM to the platform for a full refund of 1 YAS per 1000 CPM. If you've decided to keep CPM, you don't need to do anything. But remember that there will be no refunds after May 2020. CPM will depend on the market. CPM tokens will help to generate BULL and BEAR tokens. They will act as voting tokens, allowing holders to quote the prices of external assets in the chain for later use to create MPAs (Market Pegged Assets).

More about blockchain resource

Follow the company's Twitter feed. You can get answers to any questions from the company's chat support. All information about sweepstakes and promotions is in the channel. Subscribe and you will be aware of all events.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.