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The Eco Currency aims to act as a decentralized substitute for fiat money. It functions as a decentralized crypto-reserve currency for the economic activity that forms in online communities and in offline settings, particularly where fiat purchasing power is weakening.
Eco is built around two tokens: a variable-supply base currency (ECO) and a deflationary token (ECOx) created to help align incentives and kick-start an open-market signal for expectations around ECO usage.
ECO (ticker: $ECO) serves as the base currency, focused mainly on everyday spending. Its supply is variable and set through monetary policy.
ECOx (ticker: $ECOx) is a secondary token meant to encourage better governance and steady, responsible expansion. ECOx has a capped total supply that is designed to trend downward over time.
Because ECO and ECOx cover different roles and are used differently, they are distributed separately and their circulating supply rates are expected to evolve at different times. For that reason, this overview focuses only on the initial supply; beyond any scheduled token unlock events, future changes to token supply and how new supply is allocated will be determined through system governance.
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