Echo
With Echo, You earn passively into your wallet without any required actions from you
Tokenomics
5% burn rate on every transaction to relatively stabilize the supply of token as you earn
Binance Smart Chain
Echo is proudly built on Binance Smart Chain to get you involved in the booming BSC ecosystem
TOKENOMICS
- Token Name: ECHO
- Initial Supply: 1,000,000 ECHO
- Presale initial liquidity: 200,000 ECHO
- Presale allocation: 350,000 ECHO
- Reserves: 100,000 ECHO
- Team: 100,000 ECHO
- Airdrop: 100,000 ECHO
- Marketing and partnership: 150,000 ECHO
- Burn Rate: 5%
- Yield Rate: 1% daily
- Minimum Balance Rewardable: 50 ECHO
- Maximum Balance Rewardable: 40,000 ECHO
- Minimum Hodl Time Required for Claiming: 7 days
- No External Mint Functions
WHAT IS ECHODEFI?
EchoDefi is a state-of-the-art protocol that forces you to earn, even if you are not ready to earn. You earn passively into your wallet without any required actions from you. You don't need to give any contract an approval to spend your funds, JUST HODL IN YOUR WALLET AND EARN DAILY.
NO DAPP OR SMART CONTRACT INTERACTION
Echo tokenomics, a perfectly designed token economics that gives you passive income without connecting to any Dapp or interacting with any pool. This was done with the absolute safety of your funds in mind, since this gets rid of the risks involved with Dapp and Smart Contract interactions
COMPOUND PASSIVE EARNING
Hodling ECHO in your wallet gets you 1% of your balance daily, meaning your profits are automatically compounded which increases your daily earnings. Minimum of 50 ECHO is required to start earning, and the maximum amount that can be rewarded is 40,000 ECHO, this means if you have more than 40,000 ECHO in your wallet, your daily 1% profit will be calculated based on a 40,000 ECHO balance. And you need to hodl the token for a minimum of 7 days before you can claim your rewards by making an output transaction from your wallet.
ZERO TRANSACTION COST FOR EARNING
The major shortcoming of DeFi is the transaction fees involved in approving, staking, withdrawal and unstaking, which eats away your accumulated profits. You can say goodbye to exorbitant transaction fees before you earn with EchoDefi, because there is only one action required from you after 7 days of hodling, JUST HODL AND EARN PASSIVELY.
TOKEN DEFLATION
There is a 5% burn rate on every transaction. This is to relatively stabilize the supply of the token as you earn, thereby making ECHO a store of value.
INCLUSIVE GOVERNANCE
With the comprehensive DAO planned for the future, the community will be able to decide and control all the contract functions, including burning and minting functions, through the governance protocol. This is to portray the decentralism policy that EchoDefi upholds.
BINANCE SMART CHAIN
Proudly built on Binance Smart Chain to reduce the transaction fees required for trading on decentralized exchanges. And also to get you involved in the booming BSC ecosystem.