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Topic: [ANN] FloraChain - L1 PoW Blockchain | Ethash | Flora Yield Protocol - Earn USDT - page 3. (Read 1357 times)

sr. member
Activity: 296
Merit: 250
Whats base what's the benefit and purpose project?
newbie
Activity: 28
Merit: 0
Hey everyone!

So this announcement is regarding clarification of tokenomics that some people misunderstood and started making FUD.

FloraChain ecosystem has 2 different tokens that are - "Flora coin" and "Flora Yield Token".

Flora coin (FLORA) is the native currency of Flora Blockchain that can be mined using Proof of Work. Flora coin has max supply of 50m and Flora coin doesn't have any presale, seedsale or any kind of tokensale, it is fairly mined by PoW miners - 5 coins per block. 10% of the supply is mined in the genesis block that will be used as staking & farming rewards, browser rewards, developer grants etc.

Flora Yield Token (FYT) is a different token of Flora Ecosystem that serves a different purpose in the ecosystem. FYT is not a coin but an ERC20 standard token so it cannot be mined by PoW. FYT is used in Flora Yield Protocol that lets people stake FYT and earn USDT rewards. FYT will have a presale on Gempad and it will help growing Flora coin and Flora Ecosystem.

If you have any questions then write in our official groups and we will answer.
copper member
Activity: 23
Merit: 1
Look like a scam. Beware.
newbie
Activity: 28
Merit: 0
newbie
Activity: 52
Merit: 0
Very promising! You are talking about very difficult things, what kind of team do you have? The functionality you claim is quite complex and will require 1000 hours of development. It is not possible to develop such services without an experienced team. Could you share links to your developers' LinkedIn?
member
Activity: 322
Merit: 10
FloraChain, a revolutionary decentralized ecosystem focused on driving growth and innovation in the crypto community. Welcome guys nice to  meet you
newbie
Activity: 28
Merit: 0
Welcome to FloraChain!

FloraChain is a L1 blockchain that is focused on building a Game-changing Decentralized Ecosystem. FloraChain is powered by Proof of Work consensus that ensures decentralization and democracy. FloraChain ecosystem provides an innovative approach to generate and distribute yield to investors that is the "Flora Yield Protocol" where people can earn stablecoin USDT by staking a special token in the protocol.


Why Choose FloraChain?

Decentralized: Proof of Work consensus - ensuring complete decentralization.

Flora Wallet: A decentralized multi-chain wallet focused on Web3 technology.

Flora Browser: A web browser with reward system created for crypto community.

Flora Yield Protocol: Yield pool that rewards USDT for staking.

Smart Staking: Regular and tiered staking system ensuring incentives for HODLing.

Flora Bridge: Enables cross-chain transactions between FloraChain and other chains.



Official Links

🔹 Website: https://florachain.org/
🔹 Whitepaper: http://d.florachain.org/whitepaper/
🔹 Twitter: https://twitter.com/FloraChain
🔹 Telegram Channel: https://t.me/FloraChainOrg
🔹 Telegram Group: https://t.me/FloraChain_Chat
🔹 Discord: https://discord.gg/58DS5WCunz



Stay tuned for upcoming updates!
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