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ETH Micro

ETH Key

ETH Key is an ERC20 token that earns yield through the collection of the deposit fees and 40% of transfer fees which are distributed among all ETHKey holders at that point in time.

Key Features

  • Gains yield in a wallet leaving you more accessibility to your crypto in times of market volatility
  • Rewards are only accessible through the redemption process
  • Rewards are forfeit to the current holders of ETHKey upon transfer to another contract or wallet
  • Completely Decentralized - no one can access the underlying collateral outside the redemption process as the contract is locked on initialization
  • Excess supply of 100 million has been minted to ensure adequate liquidity for redemptions

For those looking for more technical specifics of the implementation please refer to the smart contract code here: GITHUB LINK To Code