What is erch currency (ercx coin)

What is erch currency According to official news, erch is a type of currency. I

What is erch currency (ercx coin)

What is erch currency According to official news, erch is a type of currency. ICO started at the end of 2017, but it was eventually ordered to stop issuing tokens by the US government and close the exchange-traded fund (ETF). Currently, about 3 million dollars worth of mainstream currencies such as BTC and ETH have been withdrawn from this project, with no liquidity and unable to be exchanged for fiat currency.

According to official introduction, “part of the Ethereum ecosystem is DeFi protocols and some other fields”, “ERC20″ category refers to using blockchain technology for decentralized applications such as smart contracts and payment systems, and all of this can be used on DeFi platform, thus achieving the integration of DeFi applications with the traditional financial industry.”

ercx coin

According to official news, ercx coin was launched on the Huobi Ecosystem Chain (Heco) yesterday. It has opened deposit, withdrawal, and trading services, and has started to distribute Ercxo tokens to ercxie wallet addresses for recharge and withdrawal functions.

It is reported that ercxb is an ERC20 token based on the Ethereum network, which can be used for scene like paying gas fees, voting governance (such as lending/DEX), and also can be used in decentralized exchanges, liquidity protocols, and other application scenarios. The total supply of ERCXB is 10 trillion, of which 50% will be airdropped to users participating in the ercxfedex project. In addition, 30% will be allocated to community members, and 5% will be used as foundation rewards.

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