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This is One of the Questions of the Miners:

What should I do when the Eagle Network is priced? Should I sell? Or hold?

Read More:
https://eaglenetwork.app/news/preservation-of-assets

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💥 Right now Bitcoin price is above $40k.

💥 Do you know that it was once priced at $0.004?

💥 So a man used 10,000 of Bitcoin to buy Pizza and he eat the pizza costing 10,000 Bitcoin.

What if he did not use that 10,000 Bitcoin to buy Pizza but hold it till now?

How much would the man be worth?

You do the maths!

🔰💥 Preservation Of Assets 💥🔰

💥 Preservation of a good crypto assets is the key, and Eagle Network Token and EgonSwap Token is among the top best new crypto project right now.

💥 So like Bitcoin and other cryptos, the price will start at a very low price and grow up with time.

💥 HOLD – HODL! Zero 2 Hero 💥

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🔰 Read More:
https://eaglenetwork.app/news/preservation-of-assets


Eagle Network Team

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🔰 EAGLE NETWORK TOKENOMICS 🔰

EAGLE NETWORK TOKEN (EAN)

Direct reward for using the miner app to grow crypto is Eagle Network Token (EAN). Miners can withdraw from the miner app only once a month. Miners must stake mined Eagle on mining app before withdrawal is activated.

Miner app stake is home grown staking system which allow only the monthly emission of 5% to 10% each 30 days. Miners can withdraw (redeem) using the CryptoKara wallet. Using the CryptoKara wallet means you get more crypto rewards for wallet activity.

EAGLE NETWORK TOKENOMICS

Blockchain: Binance Smart Chain
Token Name: Eagle Network
Max Supply: 10 Billion
Ticker: EAN
Decimal: 9
Transaction Fee 10%
Holders earn EGON token
Transaction fee paid with EAN
Core Team cannot change anything.

This 10% will get distributed as follows:
4% - Buyback & Burn
2% - Marketing Wallet
2% - Liquidity Pool
2% - EGON Reflection Reward

Max Supply 10 Billion EAN tokens.

Distribution of 10 Billion tokens will be as follows:

85% - Mining Community
5% - R&D Reserve
10% - Core Team
(Locked & 10% max vested monthly)

🦅 4% for Buyback & Burn 🦅
4% of all transactions are used to fund the buyback and burn EAN token from the open market, thereby further reducing the supply and increasing market price.

🦅 2% For Liquidity Pool 🦅
With each trade, 2% is added to the liquidity pool. This pooled funds enable buy/sell to continue in perpetuity, and a dynamically maintained pool of 25% of marketcap for liquidity as excess above 25% will be sent into buy back burn system, which triggers a balance between market capitalization and trading exchange liquidity.

🦅 2% as EGON Reward 🦅
2% of each transaction will be converted to EGON token and sent automatically to the wallets of the people holding EAN token. Egon rewards according to your EAN holdings.

🦅 2% For Marketing
For further marketing and progressive growth and development, 2% will be sent to marketing wallet. This funds will be used to engage future strategic partners and development.

🦅 Sell Cushion 🦅
After each buyback from the open market, transaction fees for selling EAN immediately are doubled for 30 minutes, descending to the original 10% rate with each minute after the 30 minutes. This is to check those people who try to sell after each buy back price appreciation.

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Withdrawal Is This Week

Good Day Dear Miners,

Please read this important update and take note:

Eagle Network has not offered EAN token or EGON token for buy/sell yet. Listing date will be given before time, so all members are aware and are ready. Make sure to always read miner app news page for update.

As promised, September month is for "Transfer Testing" which has come to an end as we proceed with the usual 5% to 10% monthly withdrawal limit. This limit is to prevent mass supply into market, and enable valuation to be within reasonable range to a degree.

This October miners can stake in miner app and be able to withdraw 5% from balance into Eagle Network Wallet App - CryptoKara. Using CryptoKara wallet to withdraw EagleToken (EAN) miners will get rewarded as a holder, and also get rewarded with EgonSwap token for holding EAN token.

KYC Requirements
Immediate KYC requirement is no longer needed now but will be pushed to 01/01/22. From 01/01/22 miners will need to be verified with passed KYC or Liquidity provision to be able to withdraw. This is so that KYC system is made as easy and smooth as possible. So miners can withdraw (redeem) without KYC from now untill last day December 2021.

You Can Withdraw Now
From now 02/10/21 to 08/10/21 you can request for Eagle Network Token (EAN) withdrawal (redeem) and get it deposited into your CryptoKara Wallet EAN address all on 09/10/21. Your EagleToken (EAN) will be sent to you on 09/10/21. No need for KYC as said above for now.

Wallet Backup
Make sure to save and backup your wallet seed phrase and address private keys from CryptoKara setting page. With this seed phrase and address private keys you can restore your funds from another phone or another wallet app.

Do not use any wallet app or deposit/receive crypto without seed phrase and private keys backup.

Miner App Update
Miner App will be updated to fix reported issues like name edit characters, etc
Update your miner app from Thursday.

CryptoKara Wallet App
Eagle Network wallet app CryptoKara will be updated to fix price update, lower fees, and general better wallet experience.
Update your CryptoKara Wallet from Thursday.

Eagle Network Games
The games have some bugs based on your phone brand as some gamers can withdraw while some cannot. Developer will work on game issues fix after withdrawals. Wait for update on this game issues and fix.

In Summary
No KYC needed until 01/01/22.
Withdraw now or from 07/10/21.
All redeem request will be credited on 09/10/21.
Miner App will be updated from 07/10/21.
CryptoKara Wallet will be updated from 07/10/21.
Backup your seed phrase and address private keys
Wait for listing buy/sell date.
No buy/sell happening now.
Anyone selling EAN/EGON now is a scammer.
Wait for listing date.
Wait for buy/sell date.
Games issues will be fixed soon.
Vote for listing.
Read miner app news.

Eagle Network Team

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Why Reading is Important


As usual reading is important.

Not reading project announcements harms the project and harms the user who is not reading. This is because not reading you miss important announcements of when to take beneficial actions which profit you.

Not reading escalates "Why"
Reading reaffirms "Ride On"

Not reading is "Half Empty"
Reading is "Half Full"

Reading is good for price appreciation
Not reading falls the price

Let's read and be informed for the project to be successful

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How Miner App Stake Work?

Eagle Network Stake functionality is a home grown staking add-on.

Miner App stake have only one function.
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It holds your mined Eagle balance and allow 5% to 10% to be activated for withdrawal every 30 days. Miner app stake only allow you to withdraw (redeem) and nothing else.

CryptoKara Wallet Stake is different as stake inside the wallet will increase your EagleToken and even add EgonSwap token for you as extra reward. So make sure to stake your Eagle inside CryptoKara Wallet App.

This miner app stake is for the benefit of the whole mining community to add valuation to mined Eagle.

For your EagleToken to have good and reasonable value, there must be an equilibrium between buying and selling.

That is the selling must not be more than buying, especially at this starting time of project launch.

No matter the max supply of any crypto, 1 million or 10 Billion selling must not be more than buying at any given point in time, to keep price up.

This miner app stake which emit 5% to 10% monthly is so that the buy pressure can match or oven overtake sell pressure from weak hands at this time.

Understand that no one can control or fix market price, NO ONE CAN.
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If more people sell price falls.
If more people buy and hold price up.

It is also important that you acknowledge that Eagle Network is not a get rich fast platform hence only long time holders and supporters will benefit.

Eagle Network Team.

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Up & Down of Crypto Price

Is the fall of crypto price the end?

No.

Ever since the first crtpto Bitcoin fall and also go up, it gives an opportunity for long time holders to accumulate more at low price, and get more benefit in time.

Bitcoin fall from $19,000 to $3,000

Also other crypto did same.

Are you the type that sold at $3k? Or you wait till it get back to $19k and up to $60k?

Weak hands sold at 3k, while holders with vision waited and even bought more, and soon after Bitcoin grow to $60,000.

So from $3,000 to $60,000
But first from $19,000 to $3,000

This is what crypto is all about. Crytpo is for long time plan. This fall and rise of crypto price happens to all cryptos, and only people with patience and can hold will benefit the biggest and be happy.

Hold crypto long time to see huge gain.

Hold EagleToken and EgonSwap token for long time to see huge gain as well.

Eagle Network core team is dedicated to continuity and build more system for usecase starting with the crytpo wallet app CryptoKara wallet and decentralized exchange EgonSwap DEX this October 2021. This platforms will give holders interests for holding from each transaction.

Both platforms will solidify Eagle Network within the crypto space with the development of it native blockchain from 2022.

Support Eagle Network, as Core Team cannot do it alone. A strong community is needed for growth.

Growth and Progress is just around the corner, and we achieve it together.

Eagle Network Team

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What Effect Crypto Price?

Anyone holding token/coin can effect the price.

How?

By selling factor

The price a holder is selling will automatically be the Current Price as soon as a buyer pays for it.

This means you as a holder offer crypto for sell at $1, and a buyer pays, the market price becomes that $1.

Another factor is demand and supply.

If the holder selling is more than holder buying price go down.

If buyer is more than seller price goes UP.

So the open market determines and makes the price.

Open market is all holders of the specific coin/token.

Best Way to Increase Price?

1). Dedicated Core Team:
Team continue work and create product that holders can use every day life.

2). Long Time Holders:
Strong community of holders and supporters helping to grow the project as much as possible, the more community hold and share the opportunity with others the better project. Make sure to share the opportunity and get more users as well.

3). Usefulness:
A project with useful tools or service, or products will always win in the long run as crypto is just getting started. More progressive things awaits those who holds good coin/token with long time plan, and Eagle Network is on for long time and strategy for a more progressive project. Support Eagle Network.

Eagle Network is starting with 3 use cases

1). Wallet App: CryptoKara Wallet
2). Dex Exchange: EgonSwap
3). Price Analyst: CoinVila.com

A crypto project needs an ecosystem and Eagle Network will offer even more as we progress.

These are long time products which gives benefit over time and in future. Eagle Network has close to 2 million mining community members of people which will much more from October after withdrawals.

Take position now. Take beneficial actions now for future gain. Do not think of now only.

Eagle Network is a project with long time vision planing for the future of blockchain products, starting with simple tools people are familiar with, and improve with time and more technology.

Eagle Network Team

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Listing Price

Eagle Network (EAN)
Eagle Network Token (EAN) start price is $0.0003. Why this price? Because Eagle Network is not a get-rich-quick project as only long-time holders and supporters will benefit. The staking of Eagle inside the miner app adds more value and prevents a lousy market for miners. So staking is ideal.

EAN token max supply is 10 Billion with auto buyback and token burn functionality to reduce supply further and add valuation over time. Holders of EAN token will be rewarded with EGON token according to holdings.

EgonSwap Token (EGON)
EgonSwap Token (EGON) start price is $0.1. EgonSwap is the crypto exchange from the Eagle Network project. This exchange is a decentralized DEX offering Defi staking, crypto trading, farming, liquidity pool, swapping, crypto lottery, token launchpad, etc. Users can use EgonSwap Dex to grow Crypto for free. You only need to add Crypto into the Dex to earn EGON and remove your asset anytime. Price of EGON will grow up just like other Dex. EgonSwap is audited.

Utility For EgonSwap
EgonSwap DEX is powering the decentralized financial system inside CryptoKara Wallet App as the backbone. A powerful profitable & innovative strategy for EGON is the dynamic 2% continuous auto buy for EGON happening with every transaction on EagleToken. No other Dex is integrated with this strategy. Also users earn reward from EgonSwap Dex for using CryptoKara Wallet App.

Growing Community
More than 1.6 million miners will use both EgonSwap and CryptoKara Wallet App, and more to come as the Eagle Network project continues with Innovation and speed.

Make sure to accumulate both EAN and Egon tokens and hold them for a long time for maximum benefits.

Buy/Sell - 09/10/21 Date
From 09/10/21, miners get credited with Eagle Network token (EAN), and holders can earn more Crypto by using EgonSwap Dex.

The EgonSwap Dex will be ready for you to buy/sell both EGON and EAN. Get ready for fair launch as all people worldwide have the opportunity same day!

Mining Do Not Stop
Mining does not stop. You can continue to mine and invite to grow the mining community as more miners and users mean more value for EAN and EGON tokens. From time to time, the mining hash rate will be reduced according to corresponding supply and number of miners.

Will Price Go Up or Down?
The people holding EAN or EGON will determine the price of both. Creator team cannot fix or control the price at all after listing price as said. Only members and holders can decide the price of Crypto. Any project telling you of fixed crypto price is not sincere.

More holder sell price goes down.
More holder holds and buys price UP.

The price of Crypto is determined by demand and supply dynamics. So have it in mind that as you sell your crypto holdings, you contribute to the fall of price lower and lower. The more you sell, the more it goes down.

The only way to make EagleToken price grow from $0.0003 to $0.1 to $5 to $10 to $100 is not to sell for a long time.

All good Crypto project start with a low price and grow over time. The more users holding without selling, the more value crypto gets.

Know that as you sell your Eagle, you actively make the price fall. So hold your EagleToken and EgonSwap Token long time for maximum gain and profit.

The Eagle Network Team
The Eagle Network core team will continue to build innovative applications for users' benefit and eventually create a native blockchain from phase 4. Several applications will be made to grow and invite more and more users into the platform. Team is dedicated and sure of future plan and valuation.

Eagle Network Use Cases
Already Eagle Network project have three use cases that will attract even more users over time with the next forward outlook marketing drive coming up from October. Dex exchange, wallet app, and price analyst site are all working in sync for project benefit and long time plan and vision.

Claim your own personal crypto space with Eagle from the start and say Yes!*

Let's support Eagle Network and mine Crypto as we progress.

Eagle Network Team

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🔰 CryptoKara Wallet Update
🔰 How To Buy EgonSwap Token ($EGON) in CryptoKara?

🔰 CryptoKara Wallet Update 🔰

Please update your CryptoKara wallet from Playstore.

1 - Pull to refresh so everyone can update its missing transactions, Now no need to reset wallets. Only users can pull down the wallet page and will get updated transactions.

2 - Wallet Alerts so we can easily educate the user.

3 - Small bug fixes.

4 - BUSD transaction improved.

Note:
1. We are implementing bitcoin segtwit, which will improve, reduce and lower Bitcoin fees by more than 80% on the next update.
2. Use direct download link or wait for Google store link later today.


🔰 How To Buy EgonSwap Token (EGON)?🔰

Send "Smart Chain BNB" (BEP20) to your CryptoKara Wallet.

You can buy EGON on CryptoKara using Smart Chain BNB (BNB) from 09/10/2021.

Eagle Network Team

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EgonSwap Max Supply Explained

EgonSwap supply is dynamically set according to transactions on the Dex. The Dex supply is both inflatable and deflationary mechanism built-in just like pancakeswap.

Yes, EgonSwap is same like pancakeswap. EgonSwap used and forked from pancakeswap token model.

Only change is a 50% reduction of block rate from 40/block to 20/block for EgonSwap.

This 20/block reward makes EgonSwap with less supply. This means that pancakeswap will have more max supply than EgonSwap

Also due to the same deflationary mechanism on Pancakeswap about 40% of the minted EGON will be burnt on the fly on EgonSwap Dex.

21million is the starting supply reserved for initial liquidity, exchange listing, partnerships, marketing, etc

From the built-in deflationary mechanism it will remain below 500 million from my calculations.

Another unique, innovative, profitable and strategic factor working for EGON is the dynamic 2% auto buy from all the transactions happening on Eagle Network toke. (EAN). This means that for every transaction done with EAN token 2% from it will be used to buy EGON from the open market and given as reward to people holding EAN token all done by the smart contract. No other Dex has this continuous price support yet.

So in essence and to answer your question, EgonSwap token do not have a hard cap in max supply. Just like pancakeswap do not have and cake price is about $20.

On the other hand, Eagle Network Token (EAN) have a hard cap maximum supply of 10 Billion with built-in auto buy back and burn to further reduce supply and increase value over time.

The future is bright for long time holders and supporters of Eagle Network.

Eagle Network Team

Say 'YES' if you ready

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