Accelerator’s mission is to add a reliable high speed second layer network to Bitcoin, without changing the core software.
Each Accelerator Token has the ability to multiply through a proof-of-stake staking process that takes place solely on the Ethereum network.
In October 2017 Accelerator Tokens were given away for free.
The initial Accelerator Token supply was distributed to website visitors
The system was unique in the fact it required users to submit and verify an active and real cell phone number. Distribution was approximately 95% – 98% accurate with a few bad actors claiming multiple tokens.
Staking is an inflation system built in to the Accelerator Token (cryptocurrency) which is a decentralized Ethereum application.
Staking is simple: All you need to do is hold Accelerator tokens in any Ethereum wallet address for at least 3 days. Then send .001 ACC from the same wallet address to the same wallet address. You can use the staking calculator here https://www.accelerator.network/staking to estimate returns and determine when to stake.
First Year Inflation – 300%
Inflation Beginning October 6th 2018 – 100%
Inflation Beginning October 6th 2019 – 50%
Inflation Beginning October 6th 2020 – 10%
Max supply is capped at 10 million ACC.