Edelcoin is a stablecoin backed by a diverse combination of precious and base metals. Similar to other stablecoins, the goal of this coin is to provide a stable and reliable store of value for users.
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What is Edelcoin?
Edelcoin (EDLC) is a new stablecoin backed by a diverse combination of precious metals and base metals. The token is issued and managed by the Edelweiss Foundation, a non-profit organization operating in the fields of education and community development.
Edelcoin was created to provide a fast, low-cost, and secure payment method for both online and offline transactions. Additionally, the token can be used as a means for users to participate in promotions and incentives offered by the Edelweiss Foundation and its partners.
Furthermore, this token is developed on the Ethereum blockchain, following the ERC-20 standard, allowing it to be freely accessible on both centralized and decentralized exchanges. This is a major advantage, ensuring that users have multiple platforms to trade and invest in this token.
What’s special about Edelcoin?
The developers of Edelcoin confidently promote it as a unique cryptocurrency that offers significant benefits and delivers attractive value to users with the following advantages:
- Inflation Protection: EDLC is a stable currency, in complete contrast to fiat currencies that are susceptible to inflation. Backed by real-world assets, this token becomes a reliable choice for protecting users from inflationary pressures.
- Earning Opportunities: EDLC provides numerous value-adding opportunities for its holders through lending protocols, enabling them to earn interest from safe and transparent peer-to-peer lending activities via smart contracts. Additionally, users can participate in liquidity pools, earning transaction fees and receiving proportionate rewards.
- Store of Value: Unlike individual commodities that experience high price volatility, EDLC’s value is secured by a carefully selected combination of precious and base metals, creating a more stable and safer store of value compared to metals traded through traditional banking systems.
- Portfolio Diversification: EDLC offers users the chance to enhance portfolio diversification while effectively hedging market risks, thereby reducing volatility within the portfolio.
Why is EDLC so confident about its security capabilities?
One thing you might have noticed from the beginning is that the development team behind Edelcoin is very confident in the security capabilities of their token. According to the information provided by the Edelweiss Foundation, it is clear that EDLC employs a multi-faceted security approach.
What is a multi-faceted security approach? In more detail, the Edelweiss Foundation utilizes high-security servers that are continuously monitored. This allows them to prevent unauthorized access and potential threats to their token.
In addition, EDLC employs a very strict key management method to ensure that access to important assets and data is restricted to authorized personnel only. Regular audits are conducted to assess and reinforce the existing security measures of the platform.
To further enhance its security capabilities, the Edelweiss Foundation collaborates with reputable organizations, contributing to the platform’s security through continuous monitoring and additional layers of protection.
Basic information about Edelcoin
Specifications
- Token Name: Edelcoin
- Ticker: EDLC
- Blockchain: Ethereum
- Total Supply: 5.516.931.200 EDLC
- Circulating Supply: 21.544.028 EDLC
Edelcoin Use Cases
Edelcoin is currently being used for the following specific tasks:
- Staking to earn profits.
- Send or pay for services from the platform or partner.
- Exchange and trade.
How to own Edelcoin?
If you want to own Edelcoin, you can buy it, the best crypto exchanges we can recommend are Bitget, Onus, lbBank, Probit,…
Also, if you need a place to save your tokens, try e-wallets that support the ERC-20 standard, such as Trust Wallet, MetaMask, MyEtherWallet,…
Conclusion
Finally, this is all the information that we can synthesize and share with you about the Edelcoin platform. Thank you for taking the time to follow and see you again in new content at AZcoin.
I am Tony Vu, living in California, USA. I am currently the co-founder of AZCoin company, with many years of experience in the cryptocurrency market, I hope to bring you useful information and knowledge about virtual currency investment.
Email: [email protected]
