(EROS) Erosion is the first hypodeflationary ™ currency originally based on ethereum blockchain! Let me explain to you who doesn't know about Ethereum, ethereum is that Ethereum is a Blockchain platform with Smart Contract functionality. Developed by Vitalik Buterin in late 2013. ETH, also known as Ether, is the currency of Ethereum's Blockchain system. This is exactly what you can trade on the current exchanges. In a nutshell: Ethereum is a Blockchain platform, and ETH is the monetary unit in the foundation of Ethereum. Blockchain is a database system containing information, used to store information in information blocks linked together, and managed by everyone participating in the system, instead of one side. 3rd party like state or central bank.

With 10,000,000 EROS to market, how can the Spacesrop / airdrop be distributed fairly? To solve this problem, Erosion has caused 8,000,000 EROS to be locked in a smart contract, will reduce 500 EROS for each address listed in the whitelist, to list your address, you will need to post your address (must be in any form before 30 days begin) and your twitter profile link (must forward the tweet pinned on EROS's official twitter account) to @Erosion Spacesrop. If the message passes these requirements, the bot will instruct the user on how to receive airdrops! Each address or twitter account can only be used once. This reduction of space will only last for 2 months and if by the end of the two months, any tokens left in the contract, they will be burned.

So what is the Erosion token? Erosion token (EROS) is a descending (deflationary) currency on the Ethereum blockchain. Initially, 10,000,000 EROS were created and will no longer be cast. Every time Eros is sent, 0.01% of the transaction disappears from the total FOREVER supply. A low 0.01% combustion amount allows these tokens to be much more feasible when used in dapps. With the following main features:

Hypodeflationary 0.01% write rate: In every money transfer, 0.01% of the transaction will be burned and erased from existence. But EROS will have no minimum combustion, unlike bombs, EROS has 18 decimal points in the token contract, which allows for accurate transfer, EROS also does not burn more than 14 decimal places, meaning in the distant future , EROS will not cancel itself.

Dapp compatibility: The ERC20 standard protocol for easy Dapp integration while still providing the long-term benefits of deflation.

Provide up to 10 million: Only 10 million EROS tokens will be generated. This supply will reduce the increase in scarcity of overtime. Below is the proposed supply index: 




Total supply 10,000,000 EROS 
Spacedrop total- 8,000,000 EROS (80%) 
Bounty total- 1,000,000 EROS (10%) 
Team + others ( payment list, etc.) - 1,000,000 EROS (10%) 
Decimals- 18 
Burn roundoff - 14 

Burn rate- 0.01% of each transaction token name - Erosion token symbol - EROS

Non-destructible assets: EROS recording to the 14th tenth means that there will be a supply remaining after the writing process has been completed.

Dapp extension ecosystem: EROS will be integrated into a large ecosystem of dapps that will help promote mass adoption.

*EROS Features*

*Hypodeflationary 0.01% Burn Rate

During each transfer made 0.01% of the transaction will be burned and removed from existance.

*Dapp Compatible

ERC20 standard protocol for easy Dapp intergration while still providing the long term benefits of deflation.

*10 Million Max Supply

There will only ever be 10 million EROS tokens created. This supply will decrease overtime increasing scarcity.

*Non Self Destructing Asset

EROS burns down to the 14th decimal meaning there will be a remaining supply once all burning has completed.

*Expansive Dapp Ecosystem

EROS will be integrated into a large expansive ecosystem of dapps that will help drive mass adoption.

*Does EROS Have a Minimum Burn?

EROS does not have a minimum burn, unlike bomb, EROS has 18 decimal points in its token contract, allowing for precision transfers, EROS also does not burn further than 14 decimals, meaning that in the far far future, EROS will not self destruct.

*Token Detail*

Total supply- 10,000,000 EROS

Spacedrop total- 8,000,000 EROS (80%)

Bounty total- 1,000,000 EROS (10%)

Team + Miscellaneous(listing payment, etc) - 1,000,000 EROS (10%)

Decimals- 18

Burn roundoff - 14

Burn rate- 0.01% of each transaction

Token name- Erosion

Token symbol- EROS


In financial matters, deflation is a reduction in the general value level of products and enterprises. Flattening happens when the swelling rate falls underneath 0%. Swelling diminishes the estimation of cash after some time, however flattening expands it. This enables a greater number of products and enterprises to be purchased than before with a similar measure of money. deflation is particular from disinflation, a lull in the swelling rate, for example at the point when expansion decreases to a lower rate yet is as yet positive. 

Deflation is additionally identified with hazard avoidance, where speculators and purchasers will begin storing cash since its worth is presently expanding after some time. This can create a liquidity trap or it might prompt deficiencies that lure speculations yielding more occupations and item generation. In a shut economy, this is on the grounds that charging zero intrigue likewise means having zero profit for government protections, or even negative profit for short developments. In an open economy it makes a convey exchange, and debases the cash. A debased cash produces more expensive rates for imports without essentially animating fares to a like degree. 

Deflationary token, another money accessible to anybody on the planet that is completely decentralized with no focal experts and gouverned by everybody. The system is verified through science and engages people to control their very own fund. Highlighting improved capacity effectiveness, more intelligent blockchain and considerable industry support, exchange volume and liquidity, the Ethereum system makes the ideal blockchain for Erosion. This is the reason we picked the ERC20 standard.




What are the token specs? How is it distributed?

Erosion Token (EROS) is a gradually deflating (hypo-deflating) currency on the Ethereum blockchain.
Total supply- 10,000,000 EROS
Spacedrop total- 8,000,000 EROS (80%)
Bounty total- 1,000,000 EROS (10%)
Team + Miscellaneous(listing payment, etc) — 1,000,000 EROS (10%).

So Does EROS have a minimum burn? EROS does not have a minimum burn, unlike bomb,EROS has 18 decimal points in its token contract, allowing for precision transfers, EROS also does not burn further than 14 decimals, meaning that in the far far future, EROS will not self destruct.











ACCURATE INFORMATION:

Website: http://erosiontoken.surge.sh/
ANN Thread: https://bitcointalk.org/index.php?topic=5161708
Telegram: https://t.me/erosiontoken
Medium: https://bitcointalk.org/index.php?topic=5177126#post_#
Twitter: https://twitter.com/Erosion_token

Author (3pas): https://bitcointalk.org/index.php?action=profile;u=2635801

ETH Address: 0x4bDd6F4dDbC8Eecb266bB107f1Aa10e3E0e9DBa1

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