SWIFTCASH(SWIFT) INTRO

SwiftCash is a decentralized governance and economy born out of a desire to create a store of value with a consistent and stable growth, as well as a peer-to-peer cryptocurrency for daily transactional use. SwiftCash uses Proof-of-Stake to reach consensus and allows up to 70% of future block rewards to be spent on proposals that are embraced by the community(stakeholders). Therefore, 30% of maximum inflation directly goes to stakeholders who help secure the network, and how the rest is spent will also be decided by stakeholders.

INITIAL DISTRIBUTION & INFLATION

SwiftCash has a unique initial distribution and inflation. Initial distribution was less than 2% of the maximum supply which was airdrops on most SmartCash addresses - details can be found in the whitepaper. With inflation, it takes 20 years for block rewards to halve for the first time and second halving will take an additional 40 years. Unlike traditional cryptocurrencies such as bitcoin and litecoin, this halving occurs gradually and slowly rather than suddenly, stripping the markets from pump and dump opportunities, and therefore providing the holders with a consistent and stable growth.

BEATING THE BEARS

SwiftRewards is the other idea that is intended to help us reach a consistent and stable growth by airdropping holders in bear markets. Up to 10% of future block rewards can be given to holders in case the price depreciates. These airdrops will happen based on 1 month, 3 months, 6 months and 12 months snapshots; as a result, those who hold longer will be rewarded more, in case price depreciates.


Website & Social Media:

Website: https://swiftcash.cc
Facebook: https://www.facebook.com/swiftcashcc
Github: https://github.com/swiftcashproject
Twitter: https://twitter.com/swiftcashcc
Telegram: https://t.me/swiftcashcc
Discord: http://discord.swiftcash.cc
STEEM: https://steemit.com/@swiftcash

Relevant Tools:

Block Explorer: https://explorer.swiftcash.cc/
Wallets(Windows, Mac, and Linux): https://swiftcash.cc/wallets.html
Web/Mobile Wallet: https://wallet.swiftcash.cc/
Coingecko: https://www.coingecko.com/en/coins/swiftcash
StakingReturns: https://stakingreturns.com/coins/swiftcash
MNTrend: https://mntrend.com/en/currencies/SWIFT
MasterNodeCap: https://masternodecap.com/coins/SWIFT
NodeMarketCap: https://nodemarketcap.com/coin/swiftcash/

Post from SwiftCash Steemit