What is Texan ($TEXAN)?
The TEXAN Token is the first endowment token on Ethereum. TEXAN is an immutable contract with NO admin keys. Stakers of TEXAN are rewarded with more TEXAN based on the length of their stake.
Traditional endowments are designed to preserve your principal and create cash-flows in perpetuity. The TEXAN Token enables this feature by allowing users to withdraw (scrape) interest earned at the base rate of 5% per year. For those who want to maximize returns, principal can be staked in the contract for up to 22 years to receive maximum interest. (87% maximum annually)