From Phase 2 of Eagle Mining Network, EagleToken holders will be able to buy/sell only in decentralized wallets and exchange.
Holders of EagleToken will be able to get EgonCoin by providing liquidity in the wallet app at first. Later holders of EagleToken will be able to swap EagleToken to EgonCoin. The proportion will be determined by the price of both Token/Coin at the open market at that time. EgonCoin will be at least ten times more costly than EagleToken minimum.
10 billion is the maximum supply of EagleToken. EgonCoin maximum supply will be determined during the launch of the wallet app.
There are two types of stake:
1 - Members from the miner app MUST stake Eagle on the miner app and withdraw 5% to 10% as EagleToken on a monthly basis.
2 - Users of the wallet app can stake EagleToken as desired and earn more EagleToken as a reward according to the amount staked and duration of stake.
All this means the amount of Eagle been mined on the miner app is less important than the available EagleToken on the open market in holder's wallets.
For example, if the total number of Eagle mined on the miner app is 5 billion (which will be further reduced by other factors) only about 5% to 10% will be swapped into EagleToken (250m at best) on a monthly basis onwards.
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