π¨ Allocation
EDC has a total supply of 12 billion tokens, mined at a rate of 10,000 tokens per block per hour. The token supply increases by 0.5% after every 100 blocks mined.
EDC token allocation:
70% (8.4 billion tokens): Allocated for direct mining until the supply is exhausted. This is the reward for users participating in the mining system and contributing to the development of EduChain.
5% (600 million tokens): Sold to educational institutions to enhance the platformβs capabilities. EduChain commits to using these funds to partner with reputable universities and educational institutions, develop high-quality educational content, and provide the best learning experience for users.
12% (1.44 billion tokens): Listed on exchanges and reserved for staking. Listing EDC on reputable exchanges will enhance the tokenβs liquidity, attract more investors, and expand the EduChain user community.
5% (600 million tokens): Allocated for media, training, and marketing activities. EduChain needs to invest in these activities to raise awareness of the platform, attract new users, and build a strong community.
5% (600 million tokens): Allocated for airdrop, bounty, and community tasks. EduChain regularly organizes promotional programs to appreciate users and attract more participants to the system.
3% (360 million tokens): Allocated for the advisory team and partner support. EduChain values the contributions of its advisors and partners in developing the platform. These tokens will be used to support them in continuing to work with EduChain in the future.
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