The Forge NFT Sale is open 

TEXAN positions itself as the 1st crypto endowment smart contract, leveraging a model similar to traditional endowments, where stakers receive a base interest rate of 5% annually. One unique feature is its scraping function, which allows users to withdraw staking rewards, without ending their principal stake.

Built on both Ethereum & PulseChain, TEXAN is an ERC/PRC20 token, with a fixed total supply of 100 trillion. The contract also has no admin keys, enhancing decentralization & security.

Staking TEXAN enables users to lock their principal for variable periods. Longer staking periods yield higher rewards, with an annual maximum interest of 87% for stakes lasting up to 22 years. Early principal end stakes incur penalties, contributing to a deflationary environment as penalties are permanently burned.

The token also has a donation phase, offering airdrops to supporters of the Texas Nationalist Movement (TNM), a 501c4 nonprofit organization. The circulating supply may be airdropped based on donations, fostering a connection between the token & a charitable cause.

TEXAN introduces innovative features to traditional staking mechanics, by introducing the scraping function & deflationary principles. The connection with a nonprofit organization also adds a socially responsible element. However, potential investors should carefully assess the risks associated with staking, penalties, & the deflationary model. Show Less

Cyrator is a transparent and reliable review community where anyone can join, contribute and earn.

Cyrator is a transparent and reliable review community where anyone can join, contribute and earn.

Apply
2024 Cyrator - Verified Crypto Reviews

Disclaimer: The content presented on this website, including any analyses, reviews, and ratings, is provided for informational purposes only and should not be considered financial advice. Cyrator does not endorse or recommend any financial transactions or investments based on the information available on this platform. Visitors to this site should perform their own due diligence and consult with a professional financial advisor before making any investment decisions. Cyrator is not liable for any actions taken, financial or otherwise, based on information or links from this website.