End of an Era for the Seasonal Tokens Economy: Summer Tokens to Become Scarcer SeasonalTokens erc20token eth cryptocurrency
– are produced by proof-of-work mining and go through regular halvings that make them harder to obtain as time goes on. Once every nine months, the rate of production of one of the tokens is cut in half. That token goes from being produced at the fastest rate of the four tokens, to the slowest.
The halving will bring the era of abundant Summer tokens to an end. A new era will begin in which Summer tokens become increasingly scarce, and Autumn tokens will become the most abundant of the four. In December, the Autumn halving will take place, and then Winter tokens will be produced at the fastest rate.
Unlike Bitcoin, the tokens provide a way for existing investors to increase their holdings over time. As the prices slowly cycle around each other, investors can gain more tokens over time by trading the more expensive tokens for the cheaper ones, which become the most expensive later on, allowing the investors to trade again.
Seasonal Tokens are the first cryptocurrencies designed specifically for seasonal investing. They’ve been designed so that their prices have the reliable seasonality that seasonal investors need to implement their preferred investing strategy. By trading tokens for more tokens over time, investors can increase their holdings without spending more, even as the tokens become harder to obtain.
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