24 C
New York
Friday, May 27, 2022

๐ŸŽ“ Details about CULT cryptocurrency and its decentralized system

- Advertisement -
- Advertisement -

Commercial

CULT Digital Token โ€“ Cult DAO protocol currency is a fully decentralized financial operation, CULT is accelerating the collapse of the legacy financial system.

What makes CULT cryptocurrency different from other decentralized investments is that there is no control, there is no human intervention at all, we cannot access liquidity, nor update or modify smart contracts, where only the servers can be destroyed but the code persists and investments remain in decentralized. technologies

CULT digital currency project

A fully decentralized project, CULT transactions contribute to the protocol by slowly filling the DAO treasury, to fund investments in decentralized technologies. This is achieved thanks to a 0.4% tax on all CULT transactions.

The difference between CULT and dCULT is that dCULT is a “proof of stake” coin. It is not transferable. Only the user will benefit from the dCULT and owning a percentage of the dCULT when sending earnings to DAO allows you to claim your bonus, which is paid in proportion to your ownership of dCULT.

There is no stopping Cult, the CULT cryptocurrency exchange will fill the vault. As long as there are proposals, there will be a constant flow of funding. The purpose of the CULT digital currency is to empower and finance those who build and contribute to the decentralized future.

Today’s society is built in such a way that it is difficult to create such a system. It’s hard to let go of social and economic norms and all these rules that surround us. The project aims to finance those who are willing to break the chains and who want to participate in changing the world.

A proposal to improve the Protocol can only be submitted by the Fifty Guardians, and they must monitor the proposals submitted. Custodians are the 50 users with the most CULT tokens.

All proposals must meet the following criteria: combat centralization and advance the issue of decentralization.

To use the CULT network, there is no need to lay stakes for every transaction that goes towards the project and every token burn reduces the mobile supply. Burning also increases rarity.

Information about the CULT cryptocurrency

  • The total number of CULT digital coins is more than 6 billion coins
  • Highest value reached on March 25, 2022, at $0.000001611 (at time of writing)
  • Your smart address on the Ethereum network: here
  • Official website: here
  • The official Twitter account: here

HOW TO BUY CULT DIGITAL CURRENCY

You can buy CULT cryptocurrency from Uniswap.

CULT cryptocurrency price

$ 0.00002

cult-dao

DAO Cult (CULT)

Commercial

Article How to register on the Binance platform

herecoinmarketcap



Source link

- Advertisement -

New Articles