[ANN][ECA] Electra ⚡ | POS 3.0e | Super Rewards Bonanza

[IcathTrade]

Hello!
I have a question.
The formula for calculating the award is:

((2.5% * number of coins) * (days unspent)) / 365

For example, I buy 1,000,000 coins and hold them for 30 days.

((2.5% * 1000000)*(30))/365=(25000*30)/365=2055 coins per month

That is, after spending $ 400, for a month I will get $ 0.65 

This is nonsense!
What then is the point of buying this coin?

Yup it's that. 2.5% yearly

Better than bank interest, better than Bitcoin (0%), better than ETH (0%) ect...  you see what i mean?
Electra is not a coin we buy to have rewards, if it's your main goal you made a mistake

Also - it means as well a very low sell pressure. So when the price starts to grow, stakers don't dump the price with the stake rewards, it's a win win.

[Andrey123]

So the price on the contrary falls more than one year ....

[IcathTrade]

So the price on the contrary falls more than one year ....

It's what we call a bear market indeed

[Apfelgluck]

https://twitter.com/ElectracoinECA/status/1137742574469472257

We are proud to announce the release of our Android Mobile Wallet. Please proceed with the download link which takes you to the Google Playstore.
https://play.google.com/store/apps/details?id=com.electraproject
Note : IOS mobile wallet will be released on later on stage

[IcathTrade]

In search bar of the Play Store, enter the Application ID: com.electraproject

[Robofus]

Whaou the mobile wallet is really beautiful   

Thank you for this great work!

[skybot13x]

Hello!
I have a question.
The formula for calculating the award is:

((2.5% * number of coins) * (days unspent)) / 365

For example, I buy 1,000,000 coins and hold them for 30 days.

((2.5% * 1000000)*(30))/365=(25000*30)/365=2055 coins per month

That is, after spending $ 400, for a month I will get $ 0.65 

This is nonsense!
What then is the point of buying this coin?

Yup it's that. 2.5% yearly

Better than bank interest, better than Bitcoin (0%), better than ETH (0%) ect...  you see what i mean?
Electra is not a coin we buy to have rewards, if it's your main goal you made a mistake

Also - it means as well a very low sell pressure. So when the price starts to grow, stakers don't dump the price with the stake rewards, it's a win win.

Ok but even if you have 2.5% yearly you have to hope all year long that the average buy price you had doesn't drop more than 2.5%.

[Hodl247]

Hello!
I have a question.
The formula for calculating the award is:

((2.5% * number of coins) * (days unspent)) / 365

For example, I buy 1,000,000 coins and hold them for 30 days.

((2.5% * 1000000)*(30))/365=(25000*30)/365=2055 coins per month

That is, after spending $ 400, for a month I will get $ 0.65 

This is nonsense!
What then is the point of buying this coin?

Yup it's that. 2.5% yearly

Better than bank interest, better than Bitcoin (0%), better than ETH (0%) ect...  you see what i mean?
Electra is not a coin we buy to have rewards, if it's your main goal you made a mistake

Also - it means as well a very low sell pressure. So when the price starts to grow, stakers don't dump the price with the stake rewards, it's a win win.

Ok but even if you have 2.5% yearly you have to hope all year long that the average buy price you had doesn't drop more than 2.5%.

Lol. That's your response? But, yes, that's correct in a glass mostly empty way. A parallel example is if you bought bitcoin, or any other non staking coin on the planet, and a year later it's down 2.5%, you've lost 2.5%. With ECA you haven't....You can frame a hypothetical any way you want.......What's the point of your post? ECA is a staking coin, but isn't designed to make you a lambo by holding coins. It's a payment system in development with incentive to hold and prevent inflation. I myself believe that if you buy a coin and it goes up 5%, you're up. If it goes down 5%, you're down (if you sell)....That should be all clear now.

[brother3]

Pay With Electra at WeShopWithCrypto

you can now shop online for hundreds of products and pay with Electra at WeShopWithCrypto.com .
https://medium.com/@electrafoundation/pay-with-electra-at-weshopwithcrypto-79d018c2b920

[IcathTrade]

Listen to the last Engineering call

Dev / Foundation (Cryptopia update) /Partnerships / Announcements

https://www.youtube.com/watch?v=n9ZMvFNuQmw

[Electra01]

Dear stakeholders,

Coinbene appears to have updated to the latest wallet and unlocked deposits/withdrawals and trading.

[Makleyhill]

ELECTRA COIN, ECA, IS NOW LISTED ON THE CHAINCREATOR EXCHANGE

CHAINCREATOR, a multi-national private equity group which amongst its blockchain portfolio run CHAINCREATOR.exchange, are very pleased to announce the listing of Electra’s coin, ECA, which can be used for instant and secure peer-to-peer payments worldwide. https://coinhooked.com/electra-coin-eca-is-now-listed-on-the-chaincreator-exchange

[skybot13x]

Hello!
I have a question.
The formula for calculating the award is:

((2.5% * number of coins) * (days unspent)) / 365

For example, I buy 1,000,000 coins and hold them for 30 days.

((2.5% * 1000000)*(30))/365=(25000*30)/365=2055 coins per month

That is, after spending $ 400, for a month I will get $ 0.65 

This is nonsense!
What then is the point of buying this coin?

Yup it's that. 2.5% yearly

Better than bank interest, better than Bitcoin (0%), better than ETH (0%) ect...  you see what i mean?
Electra is not a coin we buy to have rewards, if it's your main goal you made a mistake

Also - it means as well a very low sell pressure. So when the price starts to grow, stakers don't dump the price with the stake rewards, it's a win win.

Ok but even if you have 2.5% yearly you have to hope all year long that the average buy price you had doesn't drop more than 2.5%.

Lol. That's your response? But, yes, that's correct in a glass mostly empty way. A parallel example is if you bought bitcoin, or any other non staking coin on the planet, and a year later it's down 2.5%, you've lost 2.5%. With ECA you haven't....You can frame a hypothetical any way you want.......What's the point of your post? ECA is a staking coin, but isn't designed to make you a lambo by holding coins. It's a payment system in development with incentive to hold and prevent inflation. I myself believe that if you buy a coin and it goes up 5%, you're up. If it goes down 5%, you're down (if you sell)....That should be all clear now.

For how long does somebody have to lock the coins at least in order to be eligible for the staking rewards?

[IcathTrade]

For how long does somebody have to lock the coins at least in order to be eligible for the staking rewards?

It starts automatically 12hours after the deposit, then the staking time depends of many factors.
To learn more about the new staking process, please read this article:

https://medium.com/@electrafoundation/electras-proof-of-stake-v3-0e-explained-2400f5681731

[IcathTrade]

https://twitter.com/ElectracoinECA/status/1149286979537911809





https://coinmarketcal.com/en/event/partnership-announcement-23455

[studio1one]

https://twitter.com/ElectracoinECA/status/1149286979537911809





https://coinmarketcal.com/en/event/partnership-announcement-23455

hopefully, it will be some good partnership announcement from the ECA team we need it badly now because the price has fallen by a lot since I last checked.

[IcathTrade]

https://twitter.com/ElectracoinECA/status/1149286979537911809





https://coinmarketcal.com/en/event/partnership-announcement-23455

hopefully, it will be some good partnership announcement from the ECA team we need it badly now because the price has fallen by a lot since I last checked.

Like almost every coins unfortunately

Sad time for Altcoins

[fishervwb]

Electra and RedFOX Labs partner to build with Komodo

Electra has entered into a collaboration agreement with RedFOX Labs, while also being supported by Komodo for being the first project using their all new Antara end-to-end smart chain development framework. The agreement means that Electra will develop and offer new products and services on its own blockchain with the help and technology of RedFOX Labs and Komodo. By joining forces, Electra has access to the huge (emerging) markets in which RedFOX Labs and Komodo operate. https://medium.com/@electrafoundation/electra-and-redfox-labs-partner-to-build-with-komodo-46d2a94f436

[IcathTrade]

https://info.binance.com/en/currencies/electra

[sv.alyona]

Electra is merging with a CSA Group consulting company located in Malta, this strategic partnership helps to share experience with companies, as well as more effectively advance and develop in the crypto space