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An SLP token backed 1-1 by Ether.
How it works
Ethereum transaction fees are costly and cost more over time, at time of writing, it costs more than $1 to do a simple ethereum transaction. This makes micropayments impossible. ETHx is an SLP token backed 1-1 by ethereum held in an address on the ethereum blockchain. ETHx transfers cost 1/10 of a US Cent or 0.001 USD. Unlike real Ether, ETHx is only divisible to 9 decimal points.
The peg
ETHx is fully backed by Ether and redeemable from AnCap Ventures for actual Ether. New ETHx is only minted when new Ether is added to the treasury address, and when ETHx is redeemed for Ether the token is burnt. All of this is transparently shown on the blockchain ensuring that 1 ETHx can be redeemed for 1 ETH at all times.
Where to buy
More exchanges coming soon
How to redeem
You can redeem ETHx for Ether by messaging Ancap Ventures ETHx redeem service @ETHredeem on Telegram
Minimum redeem amount is 2 ETHx with 1% fee
Relevant links
ETHx token explorer
https://explorer.bitcoin.com/bch/token/280ccffc3c91f49ffc799510b795d36db326aea6201e36db3b671a9ad6776111Treasury Ethereum address
https://etherscan.io/address/0x28996440c8e4c8ba6e132979cb5b8ea6ecb13cc3Dividend paying share
About
The activities abide by the non-aggression principle
Token information
| Total Supply | 100 |
|---|---|
| Decimal places | 9 |
| Token ID | simpleledger |
| Minting baton | Active |
| Inflation rate y1 | 10% |
| Inflation rate y2 | 5% |
| Perpetual inflation | 1% |
Where to buy
More exchanges coming soon
Dividends
Dividends will be paid in BCH every 6 months from January 1st 2020. You don't need to take any action to collect dividends, They will be paid automatically to the same wallet you hold your HRHR in.
Relevant links
HRHR token explorer
simpleledger
Mission
To create sound deflationary money to replace the collapsing pound sterling. A lifeline for the people of the british isles in times of brexit uncertainty and political mismanagement, tyranny and expropriation of wealth by the state. Our goal is to replace the useless central bank fiat money with future proof hard money with a fixed supply.
About
The problem
In this century, the Britons face, once again, the virulent reign of the State - of the State now armed with the fruits of man's creative powers, confiscated and perverted to its own aims. The last few centuries were times when men tried to place limits on the State, only to find that such limits, as with all other attempts, have failed. of all the numerous forms that governments have taken over the centuries, of all the concepts and institutions that have been tried, none has succeeded in keeping the State in check. The problem of the State is evidently as far from a solution as ever. Perhaps new paths of inquiry must be explored, if the final solution to the State is ever to be attained.
Separation of money and State
We all grow up going to school, where we learn about this thing that happened hundreds of years ago, which was the separation of church and state. We learn why that was so important, that humans used to live in societies under which their religion – something very personal and precious to them as individuals — was under the management of an organization that could control those things. The State could tell you what to worship and how, when and why. Somehow, society realized perhaps that was unethical – that we shouldn’t permit control of something so personal and important to our lives to be controlled by the state.
It is that narrative of human development under which we now have other fights to fight, and in the realm of economics it is mainly the separation of money and State. Money is absolutely as fundamental to our lives as religion, and for many people it is far more fundamental to their lives than religion. It affects how your life unfolds. The choices that you make about money dictate the path of your life and those around you. And so, to have an institution like money so controlled by a central entity — by a monopoly — is absurd. It is immoral. We should get rid of it.
The Solution
We propose a new money for the people of the British isles (England, Scotland, Wales, Ireland) Separated completely from the State. A money with a fixed initial supply. A known and low rate of inflation, distributed fairly to the people who require it most; The young common worker of the British Isles. FREEDOM RESERVE is declared as money in the year 2020 with the intention of giving the people an alternative to corrupt banker controlled money and to allow them to preserve and multiply their wealth for future generations.
How to earn
Help to spread the word:
- Print out our banner as stickers and stick them up.
- Take photographic evidence.
- Send the photos to ancapslp@protonmail.com
- Attach your simpleledger address to collect your bounty.
Bounty of 25 Freedom Reserve per sticker placed. Other promotional campaigns will be judged on their individual merits and bounty awarded accordingly. Join our Telegram group to help out creatively.
Currency information
| Ticker symbol | FRC |
|---|---|
| Total Supply | 80,000,000 |
| Decimal places | 9 |
| Token ID | Simpleledger |
| Minting baton | burned |
Links
You can buy Freedom Reserve on
Join the community on Telegram
Contribute
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With ❤️ by William P.