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ETET is a decentralized Ethereum computing power platform, which is developed based on the Huobi ecological HECO chain (later will lay out Ethereum, Polkadot and other ecology), and develops a new way to tokenize Ethereum computing power. Let users reduce the economic losses caused by the high participation threshold of Ethereum mining machines and the opacity of computing power information.
The platform will use the method of DeFi pledge and liquidity mining to generate platform computing power shares ETET. The platform invests in ETH mining and airdrops 70% of the obtained ETH mining income to computing power coin EC holders , 30% of the computing power stock ETET will be repurchased and destroyed, so as to generate aggregate benefits for ETET, thereby enhancing the project value of ETET. EC is a certificate token that anchors the PoW mining power of Ethereum in the ETET platform ecology, and each EC corresponds to 0.1MH/S of PoW hash power of Ethereum.
The certificate issued by the ETET platform is called ETET, and the computing power share ETET is used as the equity certificate of the ETET platform. ETET holders can deeply participate in the future development and governance of the ETET platform, and share the development achievements of the ETET platform.