Disclaimer: The data offered on this article is a part of sponsored/press launch/paid content material supposed for promotional functions solely. Readers are suggested to train warning and do their very own analysis earlier than taking any motion associated to the content material of this web site or the Firm. Coin Version shall not be answerable for any loss or injury incurred on account of or in reference to using stated content material, services or products.
EverValue, a number one DeFi challenge, formally proclaims the upcoming presale of its EVA token. The pre-sale will start on September 23, providing early traders a singular alternative to take part in a groundbreaking challenge that mixes Bitcoin-backed stability with revolutionary options designed to extend long-term profitability.
Not like conventional platforms, EverValue permits traders to keep up full management of their tokens with out counting on third-party storage options. Customers change their wBTC for EVA, which stays safely in their very own wallets. Over time, their EVA holdings are designed to understand towards Bitcoin, permitting them to change their EVA for extra wBTC than they initially held. This method affords a mixture of safety and profitability that units EverValue aside from different cryptocurrency initiatives.
EverValue's EVA token represents a singular method to cryptocurrency investing. Its worth is mathematically assured by the burn worth mechanism. The burn worth, calculated as the quantity of wBTC within the Burn Vault divided by the entire EVA provide, units the minimal worth for the token. Since no extra tokens are issued and the entire provide is decreased by means of EVA burns, the worth of the burn is designed to continue to grow. This ensures that traders' tokens won’t ever be price lower than this assured minimal. The each day enhance in wBTC from Bitcoin mining income additional helps this worth. The purpose of the presale is to lift 35 BTC, the required capital to energy the Bitcoin-backed EverValue ecosystem.
EVA Token has many distinctive key options together with:
- Assured appreciation: With the fixed addition of latest BTC to the Burn Vault, a devoted reserve and a key part of this challenge, the minimal EVA worth in wBTC isn’t solely assured, but additionally will increase each day. This mechanism protects traders from market volatility and ensures steady development over time.
- Growing shortage: The EVA design ensures 0% inflation with a set provide of 21 million tokens. The mixture of each day bitcoin deposits and token burning results in shortage and appreciation of the token, making it a strong funding for long-term holders.
- Burn Vault Safety: On the core of EVA's worth is Burn Vault, a sensible contract audited by Hacken, one of the revered safety corporations within the blockchain house. The contract code is absolutely public and ensures transparency and safety for all traders.
- Whale Resistant Mechanism: EverValue's construction is designed to be whale-proof and forestall massive holders from manipulating the token's worth. This ensures that every one traders profit equally from the expansion of the challenge.
- Scheduled token burn: Along with the burning mechanism that triggers consumer choice, EverValue has dedicated to burning 3 million EVA tokens within the first yr. This systematic burn will return the equal wBTC to the Burn Vault, additional rising the worth of the remaining tokens.
- Benefit of Arbitrage: If the EVA token costs within the pool fall under the Burn Vault worth, traders should purchase low and burn excessive, making the most of the worth distinction. This exercise helps increase the pool worth to match the Burn Vault worth, guaranteeing a minimal token worth.
EverValue is dedicated to full transparency with its neighborhood. All transaction hashes associated to the burning of EVA tokens and corresponding wBTC deposits to the Burn Vault might be revealed. This ensures that traders can confirm the continual appreciation of their tokens and the rising assist of Bitcoin.
To interact the neighborhood and unfold consciousness, EverValue launched a Zealy marketing campaign that invitations individuals to be taught concerning the challenge, full duties and earn rewards. High gamers within the marketing campaign will win prizes of over $1,000.
Launching on September 23, the EVA Token Presale affords traders an opportunity to take part in a very revolutionary and safe Bitcoin-backed challenge. To affix, go to the EverValue web site and join your pockets to safe your EVA tokens. With a purpose of elevating 35 BTC, this presale is poised to set a brand new commonplace in crypto investing.
For extra data and to remain up to date, go to the Evervalue web site and observe EverValue on Twitter and Telegram.
About Evervalue
EverValue is a strong bitcoin and mining backed challenge constructed on the Arbitrum community, devoted to offering bitcoin traders with a safe and clear methodology to extend their bitcoin holdings. The EVA token is designed to repeatedly recognize towards Bitcoin, providing traders the safety of a assured minimal worth in wBTC that solely will increase over time. This revolutionary mechanism ensures that no matter market circumstances, the worth of EVA in Bitcoin will proceed to develop.
