Here are the SILO Coin Details
Seed2Need is “Community Supported Agriculture Group!” Our cryptocurrency is geared towards the supporters of “Agriculture, Food, and Blockchain Industrys“. As growing fanatics, we are devoted to the continual expansion of the agriculture industry!
With the emergence of blockchain technology, Seed2Need has the opportunity to bridge the gap between cryptocurrency and agriculture industries and consumers. With this advancement, Seed2Need’s mission is to deliver the ultimate experience to all “Agriculture Enthusiasts”.
Seed2Need is constructed off a state-of-the-art hybrid consistent of: Proof-of-Stake (PoS), Proof-of-Work (PoW), and Masternode (MN) systems. The official abbreviation is “SILO”. The total supply of SILO is 21,500,000,000 coins.
SILO was created as an alternative to the FARM chain, and the issues the project faced. SILO solves all those problems and brings exciting benefits to the development cycle. In addition, the development team has put over 500,000,000 coins back into the change to reduce inflation.
|Block Time||60 Seconds|
|Difficulty Re-targeting||Every Block|
|Max Coin Supply (PoW Phase)||735,014,000 SILO|
|Max Coin Supply (PoS Phase)||21,450,000,000 SILO|
|Swap Premine||735,014,000 SILO*|
Below is a breakdown of the PoW rewards. PoW is Discontinued and not able to be mined.
|101-381||0% (0 FARM)||100% (14,000 SILO)||N/A|
Below is the breakdown of the Proof-of-Stake and Masternode rewards within the corresponding phase. As the blockchain advances, the reward advantage of hosting a Masternode increases significantly.
|Phase||Block Height||Reward Per Block||Masternode||Staking|
|1||382-140,000||1,000 SILO||35% (350 SILO)||65% (650 SILO)|
|2||140,001-414,600||750 SILO||40% (487.5 SILO)||60% (262.5 SILO)|
|3||414,601-599,931||375 SILO||45% (168.75 SILO)||55% (206.25 SILO)|
|4||599,932-999,931||180 SILO||50% (90 SILO)||50% (90 SILO)|
|5||999,932-1,499,931||90 SILO||55% (49.5 SILO)||45% (40.5 SILO)|
|6||1,499,932-2,499,931||45 SILO||60% (27 SILO)||40% (18 SILO)|
|7||2,499,932-5,499,931||22 SILO||65% (14.3 SILO)||35% (7.7 SILO)|
|8||5,499,932-∞||11 SILO||70% (7.7 SILO)||30% (3.3 SILO)|
The wallet addresses below are utilizes for daily operations.
|Wallet Address||Tag||Block Explorer|
|F848vzPWAZ9vcprGHDThAj9HoqUY9Na8Pf||Seed2Need Swap Wallet||View on Explorer|
Below is a breakdown of the Premine rewards. This amount was mined on the 1st block of the chain.
|Block Height||Reward Amount||Notes|
|1||735,014,000 FARM||Initial swap pre-mine|