
Although 'MIL' was the ticker assigned at the deployment of the Milllionaire Coin Token's smart contract, it is also in use by another asset with a larger market presence and higher trading volume on major exchanges. To avoid confusion in the marketplace, the alternative ticker 'MILLLIONAIRECOIN' has been adopted for this token. This designation ensures that assets are distinctly identified.
As the name suggests, MIL will have just 1 million coins in the POW phase and will then have a nominal interest rate of 12% per annum in the POS stage.