About PoSToken
PoSToken is not only an Ethereum token, but also a brand new Token Standard for Proof-of-Stake tokens.
PoSToken is the world's first Proof-of-Stake smart contract token on Ethereum platform. It's based on the ERC20 Token Standard and implements all standard methods. As an Ethereum token, PoSToken first implements the Proof-of-Stake mechanism, meaning that holders of PoSToken can earn some extra tokens just by holding PosToken for a period of time, greater than or equal to The Minimum Coin Age.
Furthermore, the idea behind PoSToken is not only to issue a simple Ethereum Token with Proof-of-Stake mechanism but also to define a brand new Token Standard for Proof-of-Stake tokens. A interface including some standard functions was defined in the code of PoSToken, we call it PoSTokenStandard, which is like the ERC20 standard. It's a new Token Standard devised specifically to help developers easily issue Proof-of-Stake tokens. It's a real innovation and we believe that a new era of Crypto Tokens is coming.
Specifications of PoSToken
Contract: 0xee609fe292128cad03b786dbb9bc2634ccdbe7fc
Name: PoSToken
Symbol: POS
Decimals: 18
Max Total Supply: 10M
Initial Supply: 1M
Min Coin Age: 3 Days
Max Coin Age: 90 Days
1st Year Interest: 100%
2nd Year Interest: 50%
3rd - 15th Year Interest: 10%
website PosToken
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