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All about Utrum
How does OOT Holding Reward (OHR) work?
What is POS? Proof of stake (PoS) is a type of algorithm by which a cryptocurrency blockchain network aims to achieve distributed consensus. In PoS-based cryptocurrencies, the creator of the next block is chosen via various combinations of random selection and wealth or age (i.e., the stake). Most of the blockchains offer POS. Introducing Proof of Lock (POL) Proof of Lock is a program managed by the Utrum Foundation that
Utrum Official Social Media
Website https://utrum.io/ White Paper https://utrum.io/docs/Utrum-WP-English.pdf Twitter https://twitter.com/utrumdotio Telegram https://t.me/utrumdotio Reddit https://www.reddit.com/r/utrumdotio/ Facebook https://www.facebook.com/utrumdotio/ Discord https://discordapp.com/invite/tyf8Mqx Steemit https://steemit.com/
What is the total supply of tokens?
The tokens allocated to the platform contributors will be released based on the content. Team tokens are locked for a time period and released 33.3% every year. First Release - Nov 2018, Second release – Oct 2019, Third release – Oct 2020 The operational reserve tokens (10%) will be locked for 2 years and (5%) locked
Frequently Asked Questions
Some features of #Utrum Utrum is an Independent Blockchain with its own wallet and explorer. Ready-to-use Wallet (Desktop, Mobile, Web) Listed on 5 Crypto Exchanges Fast transaction speeds OOT to OOT transactions
How are tokens burned?
Burning tokens mean taking them out of the supply. Utrum's total token supply is 216 million OOT. There are many ways to accomplish this, the simplest being to send them to an unrecoverable address. Utrum will perform token burns according to the following schedule. 15% of the monthly platform revenue generated will be burned until 15% of the total supply of OOT has been burned (32 Million). This will leave 184 Million OOT. Utrum projects this could occur within 5 y