EHive EHIVE Price 0.00000001

The eHive protocol is a community inspired experiment. The network will be changed from a Proof of Work to a Proof of Stake model in the coming months. The on-chain transactions are required to be verified by the validators nodes in order to enable this change in network operations. Similar to previous Ethereum miners, these validators will be generating fees. The baseline for creating a validator is not in the range of a typical DeFi user. eHive and the development team believe that all users of cryptocurrencies should have the opportunity to support the future of Defi, even if you have a small amount of ether. There is a 3% of all transactions will be reserved for the purchase of validators when ETH 2.0 is pushed to the main net. The holders of the eHive token will be able to stake their token in our custom distribution contract as the eHive community purchases and operates their own validators. Each staker will get their share of the pool based on their daily contribution. The remaining supply of eHive will be distributed to active members of the community by stakers. Until the maximum supply of one trillion is reached, these token will only be generated. The token rewards are expected to last about 3 years from the initial launch.