Unveiling the World of HACKER Bitcoin Cash CRC20 CashTokens
PunkRugTimes🔒 We don’t talk about HACKER, but
let's delve into the world of HACKER, a mineable (proof-of-work) token built on the Bitcoin Cash blockchain through the innovative Fex (fex.cash) PoWMining contract.
Here's a breakdown of how it operates:
- Users can mine 10,000 HACKER CRC20 CashTokens on Bitcoin Cash and pay a fixed fee of 0.002 BCH (as predetermined by the contract, not the token developer's choice). Out of this fee, 0.0015 BCH goes to the HACKER developer, while 0.0005 BCH is allocated to the Fex service. (1 HACKER equals 20 BCH satoshi). Initially, the developer did not receive any HACKER tokens.
- To interact with Fex application, users need a Web3 wallet, such as MetaMask, MetaMask Snap, or ImToken (ImToken is recommended for mobile devices when using Fex).
- The total supply of HACKER tokens is capped at 100 million, with ongoing mining activities. As of the latest data, the circulating supply of HACKER tokens is 790000.
- Users can trade/swap or provide liquidity for CRC20 CashTokens directly on Fex.
- Users can also contribute liquidity for HACKER tokens on Cauldron (cauldron.quest) by establishing liquidity micro pools and earning passive income from trades.
- Initially, the HACKER developer will monitor the token price to maintain it at a minimum of 20 satoshi per 1 HACKER. Additionally, the developer can create liquidity pools funded by mining fees.
- While HACKER tokens may not offer extensive utility, they serve as a speculative asset (akin to 99.9% of cryptocurrencies). Therefore, it's crucial to manage your financial risks prudently.
- Users play a pivotal role in creating utility and marketing as no single entity controls the fate of mined HACKER tokens.
Source:
https://docs.fex.cash/products/pow-mining
https://docs.fex.cash/products/utxo-based-amm
https://docs.riftenlabs.com/cauldron/liquidity/
https://docs.riftenlabs.com/cauldron/swap/
Embark on this intriguing journey into the realm of HACKER Bitcoin Cash CRC20 CashTokens, where innovation meets opportunity!
Stay rebellious, stay informed with Punk Rug Times!" 🤘📰