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EverValue, a number one DeFi undertaking, formally publicizes the upcoming presale of its EVA token. The presale will begin on September twenty third, providing early buyers a novel alternative to take part in a groundbreaking undertaking that mixes Bitcoin-backed stability with modern options designed to reinforce long-term profitability.
Not like conventional platforms, EverValue permits buyers to keep up full management of their tokens, with out counting on third-party storage options. Customers alternate their wBTC for EVA, which stays securely in their very own wallets. Over time, their EVA holdings are designed to understand towards Bitcoin, enabling them to alternate their EVA for a bigger quantity of wBTC than they initially held. This strategy affords a mix of safety and profitability that units EverValue other than different cryptocurrency tasks.
EverValue’s EVA token introduces a novel strategy to cryptocurrency funding. Its worth is mathematically assured by means of a burn worth mechanism. The burn worth, calculated as the quantity of wBTC within the Burn Vault divided by the full provide of EVA, units a worth flooring for the token. With no extra tokens being issued and the full provide reducing by means of EVA burns, the burn worth is designed to rise regularly. This ensures that buyers’ tokens won’t ever be price lower than this assured minimal. The each day improve in wBTC from Bitcoin mining income additional helps this worth. The presale goals to boost 35 BTC, the mandatory capital to strengthen EverValue’s Bitcoin-backed ecosystem.
The EVA Token has many distinctive key options, together with:
- Assured Appreciation: With the continual addition of latest BTC to the Burn Vault, a devoted reserve and a key element of this undertaking, EVA’s minimal worth in wBTC will not be solely assured but in addition will increase each day. This mechanism protects buyers from market volatility and ensures regular development over time.
- Growing Shortage: EVA’s design ensures 0% inflation with a set provide of 21 million tokens. The mix of each day Bitcoin deposits and token burns drives the token’s shortage and appreciation, making it a strong funding for long-term holders..
- Burn Vault Safety: On the core of EVA’s worth is the Burn Vault, a wise contract audited by Hacken, one of the revered safety corporations within the blockchain area. The contract’s code is absolutely public, guaranteeing transparency and safety for all buyers.
- Whale-Proof Mechanism: EverValue’s construction is designed to be whale-proof, stopping massive holders from manipulating the token’s worth. This ensures that each one buyers profit equally from the undertaking’s development.
- Deliberate Token Burns: Moreover the burn mechanism triggered by consumer withdrawals, EverValue has dedicated to burning 3 million EVA tokens in the course of the first yr. This systematic burn will return the equal wBTC to the Burn Vault, additional boosting the worth of the remaining tokens.
- Arbitrage Benefit: If EVA token costs within the pool fall beneath the Burn Vault worth, buyers can purchase low and burn excessive, making a revenue from the worth distinction. This exercise helps increase the pool worth to match the Burn Vault worth, guaranteeing a minimal worth for the token.
EverValue is dedicated to full transparency with its group. All transaction hashes associated to the burning of EVA tokens and the corresponding deposits of wBTC into the Burn Vault might be publicly disclosed. This ensures that buyers can confirm the continual appreciation of their tokens and the rising Bitcoin backing.
To have interaction the group and broaden consciousness, EverValue has launched a Zealy Marketing campaign, inviting individuals to study concerning the undertaking, full quests, and earn rewards. High performers within the marketing campaign will win over $1,000 in prizes.
The EVA token presale, launching on September twenty third, affords buyers an opportunity to take part in a genuinely modern and safe Bitcoin-backed undertaking. To hitch, go to the EverValue web site and join your pockets to safe your EVA tokens. With a objective of elevating 35 BTC, this presale is poised to set a brand new customary within the crypto funding panorama.
For extra data and to remain up to date, go to Evervalue’s web site and observe EverValue on Twitter and Telegram.
About Evervalue
EverValue is a sturdy undertaking backed by Bitcoin and its mining, constructed on the Arbitrum community, devoted to offering Bitcoin buyers with a safe and clear methodology to extend their Bitcoin holdings. The EVA token is designed to repeatedly recognize towards Bitcoin, providing buyers the safety of a assured minimal worth in wBTC that solely will increase over time. This modern mechanism ensures that, no matter market situations, the worth of EVA in Bitcoin will constantly develop.