What is Arepacoin

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About Arepacoin

  • Launched on 25 Sep 2016
  • Total supply: 60,000,000 Arepas
  • PoS with 3% annual interest
  • Scrypt PoW-PoS algorithm
  • Aims to promote a more just, collaborative, and autonomous global financial system

Introducing Arepacoin: A Revolutionary Cryptocurrency

Arepacoin seeks to pay tribute to Venezuela’s national staple, the arepa, and was launched on September 25, 2016. With the ambitious goal of becoming Venezuela’s reference currency, it boasts a total supply of 60,000,000 arepas and a proof-of-stake (PoS) consensus algorithm, yielding a 3% annual interest. The cryptocurrency was developed utilizing the Scrypt PoW-PoS hybrid algorithm.

Conceived as a user-friendly cryptoasset, Arepacoin strives to foster a global financial ecosystem that is more equitable, cooperative, and self-governing.

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