EDNA Tokens are digital units of value called cryptocurrency (like Bitcoin) that can be exchanged for Sequencing Services at EDNA. Holding these tokens entitle a person to membership, voting & participation rights in the EDNA Community. They will also allow the community to fairly distribute community profits and earnings among members.
Scroll down to learn how to Buy, Store and Trade EDNA Tokens
In short: Your identity is hyper-protected and your data super-secured.
EDNA will offer owners of EDNA tokens the ability to earn interest on EDNA's staked in a EOS Mainnet Contract, much like a traditional Certificate of Deposit (CD) or bond.
Once live, you'll be able to stake your existing EDNA tokens to the contract in any amount for your choice of 3 duration Terms:
Each term will receive additional EDNA "interest" Tokens earned weekly, paid at terms end and deposited in your staking account with no further action needed by you. Longer terms will receive a higher replication rate. If you leave your tokens staked, they will sign you up for another term of the same duration and replicate some more. You can un-stake them at any time, but you'll miss out on the last terms payout of passive income.
This is a zero inflation offering since these are original EDNA Tokens. The program will payout up to 100,000,000.0000 EDNA's.
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.