As the industry develops, multi-scenario platforms and Web3 applications with diverse participants emerge. In order to capture the value, platform coins naturally become the primary key. As a relay currency between various currencies, it has some characteristics of stablecoins, but the fundamental reason is that the value of platform coins is built on the platform, and the value of the platform depends on the overall response of mainstream currencies.
At present, in the crypto world, platform coins, as an important part of its ecological layout, are gradually becoming a "standard configuration", such as the well-known BNB, OKB, UNI, TIA, SOL, etc. Among these many platform coins, Eternal's platform coin ELT is widely regarded as one of the most promising platform coins. As the bottom of the value trough, ELT has also become the first choice for most people to buy platform coins.
01. Small selling pressure + extreme deflation, the increase will be more than a hundred times?
According to Eternal's economic model design, 9.5 billion ELT (platform currency, accounting for 95%) are used for option trading margin calls, i.e. mining output. This also means that the circulation of ELT outside is extremely small, and naturally the selling pressure in the secondary market is also small. It is no wonder that the price of ETL can maintain a 1% increase every day.
Although the increase is 1%, if this increase is maintained every day, the exponential effect will generate considerable compound interest. Once the timeline is extended, how much more than a hundred times will ELT increase?
Eternal has created an ideal upward expectation for the platform coin ELT through multiple empowerments such as repurchase/destruction and strict control of the number of ELT in the secondary market, which has formed a positive positive cycle with the rapid development of Eternal. This can provide stable support for the long-term price trend of Eternal.
02. Delayed empowerment of rights and interests, greater room for imagination
In terms of expanding the application scenarios of platform coins, the platform coins issued first have advantages, because Eternal has developed for a long time and already has some partners, so it can expand external application scenarios, including digital banks, NFTs, DeFi lending, computing power leasing, mining farms, financial management, etc.
In the near future, Eternal will jointly negotiate with venture capital institutions to identify special purpose companies for SPAC, and pilot the implementation of traditional finance based on investment and financial management. Funds will be managed by fund managers or teams, and investment portfolios and quantitative trading methods will be used to facilitate users to achieve diversified investment strategies and empower the platform currency ELT ecosystem.
In addition, according to Eternal's current development layout, in addition to working hard to improve the product line at the product level and launching a variety of activities at the user level to attract and retain users, it is also promoting its global compliance business and market progress, screening and recruiting high-quality merchants and strategic partners worldwide to expand the Eternal ecosystem and ELT's landing application scenarios. It is expected that we will see the emergence of more ELT ecological scenarios in the future, including banking, financial derivatives, investment and financial management, public chains, computing power products and other aspects, which will also provide ELT with a steady stream of value and support.
03. Behind the value is: decentralized platform currency
For every investor, when choosing an investment target, it is generally necessary to intervene before the project or company has officially grown and developed, so as to grow with the project and obtain the huge potential benefits brought by the rapid growth of the project. We call such projects or companies "potential stocks" or "growth stocks."
But for Eternal's platform token ELT, the total supply is 10 billion. 95% is produced by mining, and the remaining 5% tokens are distributed to Partner LPs in proportion. The distribution of ELT shows the true decentralization of Eternal. Compared with most crypto projects, a large proportion of the total supply of tokens is reserved for the founding team, consultants and investors. ELT is almost completely decentralized, and no centralized entity or group holds a large number of tokens.
04. Deploy RWA and build a value bridge
As a decentralized lending platform (protocol) built on the Binance Smart Chain blockchain, Eternal operates through smart contracts, allowing users to borrow and lend cryptocurrencies and real assets (RWA) without permission. During the lending process, borrowers need to pay interest to lenders. At the same time, users can cash out stablecoins from their cryptocurrency assets and earn greater profits, and can also enable users to borrow and lend quickly and seamlessly. In short, Eternal users can enjoy the decentralized financial (DeFi) ecosystem without the interference of middlemen.
But this is just its initial form. In the future, Eternal will serve as a bridge connecting the traditional financial market and the cryptocurrency world.
Conclusion: Obviously, platform coins are essentially carriers of value. The future value of platform coins is more reflected in the platform's own performance, its own ecological development, the implementation of application scenarios, and other aspects. In the future, as the use scenarios continue to expand and Eternal's ecological layout becomes more and more perfect, the use value of platform coins ELT will become greater and greater, driving a multi-layer growth flywheel and achieving incentives for all participants. If investors are optimistic about the future prospects of digital currencies, it is not a wise investment choice to appropriately allocate some valuable platform coin assets before the next bull market comes.
