IFLT ? Sorry new to the crypto currency game, please let me know what this token a coin is about. Is it backed by a service, or good? Or is this an investment where you get back a high dividend from your investment?
IFLT ? Sorry new to the crypto currency game, please let me know what this token a coin is about. Is it backed by a service, or good? Or is this an investment where you get back a high dividend from your investment?
Yes. It is those things. IFLTPOOL is a token on the bitshares DEX, providing the service of pooled POS (proof of stake) mining of inflationcoin (IFLT). IFLTPOOL is backed by staking IFLT, and pays dividends in either IFLTPOOL (when no coins are sold (to increase staking amount or "mining power"), or OPEN.BTC when some of the mined IFLT is sold for BTC.