EDNA Announces EDNA Staking
Staking is like opening a Certificate of Deposit (CD) at your local bank.
3 "terms lengths" are available:
Weekly = Earns at 1 x current rate
Monthly = Earns at 1.5 x current rate
Quarterly = Earns at 2 x current rate
No Minimum or Maximum Stakes
Withdraw at any Time
100 Million in EDNA Rewards to Share
Rewards are added to your current stake when paid, and the system re-enrolls your stake for the next period (compounding your passive earnings).
Exact payout depends on the percentage of total EDNA Tokens staked to the contract - so be sure and tell your friends about this program, as it will increase your earnings when they stake along with you.
This is a zero inflation offering since these are original EDNA Tokens and were pre-budgeted for this program.
Programmers can review this open-source contract on the EDNA GitHub
IMPORTANT: You MUST click CLAIM each week to get rewards. This applies to quarterly and monthly stakes as well.
TIP: Keep an eye on the "next claim available" date and try to claim as soon as it has elapsed.
EDNA Tokens are digital units of value called cryptocurrency (like Bitcoin). They can be exchanged for Sequencing Services at the EDNA Lab. Holding these tokens entitle a person to membership in the EDNA Community. They may also be used by the community to distribute community profits and earnings among members. However, the tokens are by necessity Type 3 (unclassified) tokens until the community ultimately determines their purpose.
Scroll down to learn how to Buy, Store and Trade EDNA Tokens
In short: Your identity is hyper-protected and your data super-secured.
BigONE exchange Trades EDNA's as well. BigONE also has an awesome iPhone app to make your trading life even easier. BigONE also offers it's own tokens and holders can earn 100% of the BigONE fees i their Trade-Mining section.
The Video to the Left is a 3rd-Party review of the BigONE Exchange.
Newdex is a decentralized exchange which trades all of the EOS tokens that have been airdropped so far. It sits on EOS and so is accessed by using Scatter. You don’t have to move your tokens to the exchange but trade directly from within your browser. You do not have to register with the site and there is NO KYC. Fees are 0.1%.
NOTE: The video is not specifically about Newdex, but a great primer on Decentralized Exchanges.
Need a handy phone wallet to keep your EDNA's safe? Check out the hot off the presses iPhone/Android secure wallet EOS Lynx
Probably the easiest and most convenient phone wallet we've ever seen for EOS, and for a limited time you can get FREE EDNA's just for installing the app.
Need to Telegram with EOS Lynx?
Current Circulation: 1 Billion
Max Circulation: 1.3 Billion
We anticipate a full DNA Sequence + Permanent Storage on The EOS chain + Lifetime Community Membership to cost around $1,000. This is expected to be subsidized (and the cost significantly lowered) by vote of the EDNA DAC Community.
EDNA will hold reserved tokens in two separate EOS wallets.
Community Wallet: (Locked multi-sig)
Locked until there are over 5,000 community members, then they will vote on use of those funds.
Broken down as follows:
The reason for the "labels" on the funds in the community wallet is to allow them to see what we anticipate as a subsidy request for getting new users sequenced and into the system (including initial community members). As the cost to sequence a full human genome continues to fall this subsidy will become less and less needed. Ultimately it will be up to the community to decide where the funding is spent, including deciding its own dividends and operational cash needs.
Founders & Startup Wallet: (Unlocked multi-sig)
Lab Upgrades will be used to increase production capacity, and is unlocked so as to allow us to get ahead of anticipated demand for services.