Categories: Payment system news

ETERNA: The Multi-utility Token that Distributes 50% Of Its Profits To Token Stakers

Eterna, the native token of the Eterna Financial network, has its staking system designed in a way that offers exclusive sources of value for its stakers. Thereby, distributing up to 50% of its profits to its token stakers.

Eterna Financial Network is an Ethereum-based ecosystem that accommodates a portfolio of several and distinct utility platforms designed to help both project managers and investors make more intelligent and profitable decisions.

Users to Enjoy Exclusive Rewards For Staking ETERNA

Among the lots of rewards promised to investors who participate in the staking services is the distribution of 50% of the profits generated from all platforms and apps released under the Eterna brand. More so, the platform also promises the token stakers a generous return for staking their tokens, which can be unlocked at any time without penalty.

Following a recent press release, the platform has allocated a larger portion of its tokenomics to stakers. The statement reads;

“50% of Profits from all websites and platforms will be distributed to token stakers; 3% on every transaction will be used to finance development and marketing; 2% on every transaction will contribute to Eterna’s LP (liquidity pool) which helps stabilizes the token’s chart;2.5% Development tax – on each transaction will be added to the Development wallet, which facilitates the operations of Eterna’s token incubator, Andromade.io; and, 2.5% on every transaction will be distributed to token stakers as a reward for providing liquidity for the network’s operations.”

It has allocated 5.2% of its total circulating supply for staking. Token stakers will enjoy a staking reward tax of 2.5% on each transaction, a 50% of profits from all Eterna platforms will be distributed to stakers in proportion to the number of tokens staked.

The platform believes that this will not only permit the efficient operation of the network but will provide investors with an additional incentive for holding Eterna tokens.

Media DetailsCompany Name: Eterna Financial Network

Media Contact:  Harjeet   @hj01_crypto

Email: Contact@eterna.finance

Website: https://eterna.finance/

superadmin

Recent Posts

Ripple’s XRP Risks Losing Spot Among Top 10 Cryptos by 2030 Unless This Crucial Shift Happens, Pundit Warns

Ripple-linked XRP may be one of the biggest names in the cryptoverse today, but its…

18 hours ago

Billionaire Investor Chamath Palihapitiya Says Bitcoin Will Eventually Be Hacked by AI and Go to Zero

The debate over whether Bitcoin’s hashing algorithm can be hacked continues to evolve. This time,…

19 hours ago

Cardano Foundation Pushes Back on New MiCA Rules for DeFi and Staking

The Cardano Foundation has urged the European Commission not to broaden the Markets in Crypto-Assets…

23 hours ago

“1% of Global Capital Being Invested in Bitcoin Would See a Price of About $275,000,” Market Expert Reveals

Matt Crosby, a research director at Look Into Bitcoin, said in a recent interview that…

23 hours ago

Cardano Gains 1.7M New Traders Thanks to Pump.fun Integration Amid Midnight’s 2027 Block Production Shift

Cardano could be heading toward a fresh wave of adoption as market analyst Lana Valentis…

2 days ago

Ripple’s XRP at $1.3: Is a 6.8X Rally Next as Ledger Transaction Volume Explodes to $49.7 Billion?

XRP bulls may have a reason to smile after a sharp surge in on-chain transaction…

2 days ago