REVIEW OF EUCLIDEUM

in euclideum •  4 years ago 

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Euclideum is a PoS blockchain, reliant on a network of nodes to validate transactions. To launch a node, you’ll need to stake 30 ECL — this is much lower than in Ethereum, where you have to stake an equivalent o $7,000! Node owners will earn up to 10% a year in transaction fees and validation rewards, as long as the node stays online.

One of the best things about Euclideum is that it supports delegated staking. It means that you can earn PoS mining rewards even if without running your own validator node! Simply stake some ECL, delegate them to a node — and enjoy staking rewards of up to 8% a year. It’s pure passive income — you don’t have to do anything!

About Euclideum

Provide liquidity:

You can become a liquidity provider on Archimedes and earn a passive income of 3-8%. You can even create your own liquidity pool. Most of the trading fees will be distributed among the pool members.

Adjustable fees :

On other DEXes, transactions often fail because the transaction fee is too low. But on Archimedes, it's very easy to change the fee manually when placing the order. There is also the suggestion mode: the platform will suggest the optimal fee size every time.

Pre-launch ECL:
buy orders. You can place a buy order for ECL/ETH even before the launch of the Eucledeum network. It will filled as soon as there are sell orders for ECL, in the first few days after launch. Preliminary orders are your opportunity to enter the market before the price starts rising (like a pre-sale).

Key Facts About The Airdrop :

1 ETH = 3 ECL. : For each ETH coin you hold, you’ll be airdropped 3 ECL for free
Ethereum smart contract : We’ll use a smart contract to swap the pre-launch ERC20 tokens for ECL
Referral program : Invite friends and get 5% of all ECL coins they claim during the airdrop
Open-source : We’ll publish the code of the exchange so that you can verify it yourself

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Q3 2020

On August 27, 2020, we'll take a snapshot of the Ethereum network to determine how many ECL tokens each ETH address holder is entitled to. From August 28, 2020, we'll begin our epic airdrop of ECL ERC20 tokens. If you hold ETH, you are entitled to 100% FREE ECL coins at the 3:1 ratio.

Q4 2020

Once the airdrop is complete and we have the first PoS nodes running, Once we launch the Euclideum blockchain in September, you'll be able to swap your ERC20 tokens for ECL coins. You can also launch your own node (requires a stake of 30 ECL) and earn with PoS mining. Trading on ArchimeDEX will start, too.

Q1 2021

It's time to introduce delegated PoS staking! Unlike Ethereum, which requires you to run your own node, Euclideum allows you to delegate your coins to another node and enjoy the rewads. You can stake as much or as little as you like and earn up to 8% a year. At this point, we also have the first dApps and smart contracts running on Euclideum.

Q2 2021

In mid-2021, we'll activate our dApp development fund — a special ECL reserve created to support blockchain projects that can bring real value to Euclideum. Dapp developers can submit their blueprints or ready code and get significant grants. We'll also audit selected smart contracts for free. Meanwhile, we'll be working on the sharding.

Q3 2021

By September 2021, we expect to have at least 10 decentralized applications running on the Euclideum blockchain, some of them supported by our fund. We'll also launch a public funding platform where users will be able to invest ECL in the best projects in a decentralized way (instead of risky, non-transparent IEOs).

Q4 2021

After almost a year of testing, Euclideum sharding protocol will be launched, taking the transaction processing capacity from 100-150 tpx to 400 tpx or higher. At first there will be 4 active shards. Meanwhile, there should be between 30 and 50 dApps running on Euclideum, including DeFi, wallets, prediction markets, etc.

For more detailed information, please visit the link below:

Website: https://euclideum.com

Telegram Channel: https://t.me/euclideum

Telegram Chat: https://t.me/euclideum_chat

Telegram: https://t.me/euclideum_bounty

Twitter: https://twitter.com/euclideum

Medium: https://medium.com/@Euclideum

Facebook: https://facebook.com/euclideum

ANN: https://bitcointalk.org/index.php?topic=5266231

Whitepaper: https://euclideum.com/whitepaper.pdf

AUTHOR :

Bitcointalk Username: rahat369

Telegram Username: @ shuvenkar33

Bitcointalk url: https://bitcointalk.org/index.php?action=profile;u=2810449

Wallet address (eth): 0xf15aae8fe23dc766381ba1eb92df874fcef39ebb

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