United States, September 25, 2024 / AlexaBlockchain/ – EverValue, a leading DeFi project, officially announces the upcoming presale of its EVA token. The presale will commence on September 23rd, offering early investors a unique opportunity to participate in a groundbreaking project that combines Bitcoin-backed stability with innovative features designed to enhance long-term profitability.
Unlike traditional platforms, EverValue allows investors to maintain full control of their tokens, without relying on third-party storage solutions. Users exchange their wBTC for EVA, which remains securely in their own wallets. Over time, their EVA holdings are designed to appreciate against Bitcoin, enabling them to exchange their EVA for a larger amount of wBTC than they initially held. This approach offers a blend of security and profitability that sets EverValue apart from other cryptocurrency projects.
EverValue’s EVA token introduces a unique approach to cryptocurrency investment. Its value is mathematically guaranteed through a burn price mechanism. The burn price, calculated as the amount of wBTC in the Burn Vault divided by the total supply of EVA, sets a price floor for the token. With no additional tokens being issued and the total supply decreasing through EVA burns, the burn price is designed to rise continually. This ensures that investors’ tokens will never be worth less than this guaranteed minimum. The daily increase in wBTC from Bitcoin mining revenue further supports this value. The presale aims to raise 35 BTC, the necessary capital to strengthen EverValue’s Bitcoin-backed ecosystem.
The EVA Token has many unique key features, including:
- Guaranteed Appreciation: With the continuous addition of new BTC to the Burn Vault, a dedicated reserve and a key component of this project, EVA’s minimum value in wBTC is not only guaranteed but also increases daily. This mechanism protects investors from market volatility and ensures steady growth over time.
- Increasing Scarcity: EVA’s design guarantees 0% inflation with a fixed supply of 21 million tokens. The combination of daily Bitcoin deposits and token burns drives the token’s scarcity and appreciation, making it a robust investment for long-term holders..
- Burn Vault Security: At the core of EVA’s value is the Burn Vault, a smart contract audited by Hacken, one of the most respected security firms in the blockchain space. The contract’s code is fully public, ensuring transparency and security for all investors.
- Whale-Proof Mechanism: EverValue’s structure is designed to be whale-proof, preventing large holders from manipulating the token’s price. This ensures that all investors benefit equally from the project’s growth.
- Planned Token Burns: Besides the burn mechanism triggered by user withdrawals, EverValue has committed to burning 3 million EVA tokens during the first year. This systematic burn will return the equivalent wBTC to the Burn Vault, further boosting the value of the remaining tokens.
- Arbitrage Advantage: If EVA token prices in the pool fall below the Burn Vault price, investors can buy low and burn high, making a profit from the price difference. This activity helps raise the pool price to match the Burn Vault price, guaranteeing a minimum value for the token.
EverValue is committed to full transparency with its community. All transaction hashes related to the burning of EVA tokens and the corresponding deposits of wBTC into the Burn Vault will be publicly disclosed. This ensures that investors can verify the continuous appreciation of their tokens and the increasing Bitcoin backing.
To engage the community and broaden awareness, EverValue has launched a Zealy Campaign, inviting participants to learn about the project, complete quests, and earn rewards. Top performers in the campaign will win over $1,000 in prizes.
The EVA token presale, launching on September 23rd, offers investors a chance to participate in a genuinely innovative and secure Bitcoin-backed project. To join, visit the EverValue website and connect your wallet to secure your EVA tokens. With a goal of raising 35 BTC, this presale is poised to set a new standard in the crypto investment landscape.
For more information and to stay updated, visit Evervalue’s website and follow EverValue on Twitter and Telegram.
About Evervalue
EverValue is a robust project backed by Bitcoin and its mining, built on the Arbitrum network, dedicated to providing Bitcoin investors with a secure and transparent method to increase their Bitcoin holdings. The EVA token is designed to continually appreciate against Bitcoin, offering investors the security of a guaranteed minimum price in wBTC that only increases over time. This innovative mechanism ensures that, regardless of market conditions, the value of EVA in Bitcoin will consistently grow. https://evervaluecoin.com/
Source: EverValue
Submit Your Blockchain and Crypto Press Release here.