ETET is a decentralized Ethereum mining platform developed on the Huobi Eco Chain (HECO), with plans to expand into other ecosystems like Ethereum and Polkadot. It introduces a new tokenized approach to Ethereum mining, enabling users to avoid economic losses caused by high barriers to entry for Ethereum mining equipment and lack of transparency in computing power information.
The platform will generate its mining power share tokens, ETET, through DeFi staking and liquidity mining. By investing in ETH mining, 70% of the mining rewards earned will be airdropped to holders of mining tokens EC, while 30% will be used to buy back and burn ETET tokens, thereby creating a concentration effect for ETET and enhancing its project value. EC is the token representing proof-of-work (PoW) mining power on the ETET platform ecosystem, with each EC corresponding to 0.1MH/S of Ethereum PoW hash power.

The token issued by the ETET platform is called ETET. As the equity token of the ETET platform, ETET holders can participate deeply in the future development and governance of the ETET platform and share in its success.