1H
0.10%$0.0013
24H
-1.19%$0.0153
7D
-1.75%$0.0226
30D
-12.4%$0.1794
Since the halving event, Stacks (STX) token surged by 20%, Elastos’ ELA token has surged by 11%, while SatoshiVM’s SAVM has seen a 5% increase in value.
Elastos aims to use BeL2 to allow users to stake their Bitcoin holdings directly on the service.
Elastos is a blockchain-powered Internet in which you have complete control of your digital assets. As a creator, this includes your books, movies, games, etc. Or even as an average user, your data. The project’s team believes that Ethereum and other dapp platforms face limitations at scale. They argue that they’re great for smart contracts but are slow, inflexible, and inconvenient for full applications. On a fundamental level, Elastos is a platform for decentralized apps (dapps) that solves these issues. ELA is the currency of the Elastos network. You can use them for any activity on the system such as investing in digital assets, trading, or paying fees – to name a few. The token economics and distribution for this token are complex. The team minted 33 million ELA in the Genesis block, and a large chunk of them was locked up by investors for interest rewards. Those rewards vary from 4 to 6 percent depending on the lock-up duration. The team has also reserved half of the token supply to reward people who contribute to the ecosystem. Additionally, the network creates ELA at a 4% yearly inflation rate through a process called merged mining.
Cryptocurrencies are often traded in units of smaller denominations than their base units. These smaller divisions of cryptocurrency allow for more precise pricing and can make it easier to trade fractional amounts of a currency. In this guide, we will explain the most common denominations and what they mean.
This guide entails the necessary details needed to help you understand how to access and explore the exclusive world of Bitcoin (BTC) via the cost-effective mechanism of ETF.
