Introducing Enno Cash and Upcoming Early Bird Program

Enno Wallet is a non-custodial cryptocurrency wallet that runs on mobile. It is a secure crypto wallet and gateway to decentralized finance. Download Enno Wallet from App Store or Google Play.

Our mission is to create an intuitive crypto wallet and enable crypto holders to maximize the earning potential of their crypto assets. We are building a better financial system and naming it “Ennovation.”

Use Enno Wallet to store and manage your digital assets. Step into decentralized finance and earn interest from algorithmic stablecoins. Make decentralized swaps or try decentralized forex. Lend or Borrow in a decentralized way. But, wait! Here comes the Enno Cash to boost your passive income.

What is Enno Cash?

Enno Cash a.k.a $ENNO is a governance token of Enno Wallet. Enno Wallet users will receive $ENNO tokens based on the size of their activities and their shares of total activities by other users.

Enno Cash holders will be able to vote for the future updates of Enno Wallet.

Algorithmic stablecoin stakers, Asset lenders, and Enno Cash stakers are eligible to receive daily Enno Cash rewards. The team will add various reward-earning functions in the future (e.g. prediction market, liquidity providing). On the other hand, Enno Cash holders will vote to determine the weights of rewards for distribution in the future.

Enno Cash token incentivizes Enno Wallet users to get more from their crypto assets.

Enno Cash Distribution

A total maximum supply of 10 mln $ENNO will be gradually emitted through 5 years vesting period.

• 10% of the total emission (1 mln $ENNO) is allocated for early-bird rewards, with 2-years vesting (500k each year) period.
• 10% of the total emission (1 mln $ENNO) is allocated for the development & marketing activities, without a vesting period.

* 60% of development & marketing tokens will be used for the development of new features.

* 40% of development & marketing tokens will be used for marketing activities and global adoption.

• 5% of the total emission (500k $ENNO) is allocated for referrals, Bounties, and Contests, without a vesting period.
• 15% of the total emission (1.5 mln $ENNO) is allocated for the token sale.
• 10% of the total emission (1 mln $ENNO) is allocated for the private investors and the team, with 5-years vesting (200k each year) period.
• The remaining 50% of the total emission (5 mln $ENNO) is allocated for the Enno Wallet users, with 5-years vesting (1 mln each year) period.

In the chart above, we have also shown the circulating supply over time.

• Launch day: 2.555 million Enno Cash
• Month 12: 4.7 million Enno Cash
• Month 24: 6.4 million Enno Cash
• Month 36: 7.6 million Enno Cash
• Month 48: 8.8 million Enno Cash
• Month 64: 10 million Enno Cash

Early Bird Program for Enno Birds

Users who start actively using Enno Wallet before the token sale are called Enno Birds. Early-bird rewards will be distributed between these users in proportion to their staked Neutrino tokens and their supply amount on Liquidity Protocol for Lending and Borrowing Assets.

The Early Bird program will last until the token sale. A total of 1 mln $ENNO tokens are reserved for early-bird users. The early-bird rewards will be unlocked gradually within two years after the launch, on a per-block basis. Early-bird’s $ENNO amount will increase with each new block and early-birds will be able to claim their unlocked tokens whenever they want.

The Early-bird program is not launched yet. Enno Wallet team will announce the early-bird program with calculations in a separate blog post. You can start staking and supplying liquidity within Enno Wallet now to get counted in when the early-bird period starts.

🚨Win-Win Alert🎉 : There is an ongoing early-bird period on Vires Finance (The Liquidity Protocol for Lending and Borrowing Assets). If you Supply liquidity within Enno Wallet, you will be able to receive both Vires and Enno Cash tokens.

Enno Cash Value

Enno Cash token market price will be driven by supply and demand. Enno Wallet team will generate revenue from;

• Token listing
• 3rd party decentralized finance applications
• Custom made decentralized finance applications
• LP tokens
• Staking protocol fees
• Crypto asset purchases with credit or debit cards
• NFT Marketplace

A part of revenues will be used to buy back $ENNO tokens from the open market to increase the Enno Cash price.

Welcome to the future of finance! Be your own bank with Enno Wallet.

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