EverValue Launches EVA Token Presale: A New Era in Bitcoin-Backed DeFi
United States, September 25, 2024 – In a significant development for the decentralized finance (DeFi) landscape, EverValue has officially announced the presale of its innovative EVA token, which commenced on September 23rd. This presale presents a unique opportunity for early investors to engage with a project that promises to blend the stability of Bitcoin with groundbreaking features aimed at enhancing long-term profitability.
A New Approach to Token Control
One of the standout features of EverValue is its commitment to user autonomy. Unlike traditional platforms that require investors to rely on third-party storage solutions, EverValue allows users to maintain full control of their tokens. Investors can exchange their wrapped Bitcoin (wBTC) for EVA tokens, which remain securely stored in their personal wallets. This structure not only enhances security but also positions EVA as a more appealing option for those wary of centralized exchanges.
Guaranteed Appreciation Through Innovative Mechanisms
EverValue’s EVA token introduces a mathematically guaranteed value through a unique burn price mechanism. The burn price, which is calculated as the total amount of wBTC in the Burn Vault divided by the total supply of EVA, establishes a price floor for the token. With no additional tokens being issued and the total supply decreasing through systematic burns, the burn price is designed to rise continually. This innovative approach ensures that investors’ tokens will never be worth less than this guaranteed minimum, providing a safety net in the volatile cryptocurrency market.
The presale aims to raise 35 BTC, which will be instrumental in fortifying EverValue’s Bitcoin-backed ecosystem. The daily influx of wBTC from Bitcoin mining revenue further supports the value of EVA, making it an attractive investment for those looking to capitalize on Bitcoin’s growth.
Key Features of the EVA Token
EverValue’s EVA token is distinguished by several key features that enhance its appeal to investors:
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Guaranteed Appreciation: The continuous addition of new BTC to the Burn Vault ensures that EVA’s minimum value in wBTC is not only guaranteed but also increases daily. This mechanism protects investors from market volatility and fosters steady growth over time.
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Increasing Scarcity: With a fixed supply of 21 million tokens and a commitment to 0% inflation, EVA’s design promotes scarcity. The combination of daily Bitcoin deposits and token burns drives appreciation, making it a robust investment for long-term holders.
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Burn Vault Security: The Burn Vault, a smart contract audited by Hacken, one of the most respected security firms in the blockchain space, is central to EVA’s value. The contract’s code is fully public, ensuring transparency and security for all investors.
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Whale-Proof Mechanism: EverValue’s structure is designed to prevent large holders from manipulating the token’s price, ensuring that all investors benefit equally from the project’s growth.
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Planned Token Burns: In addition to 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, profiting from the price difference. This activity helps raise the pool price to match the Burn Vault price, guaranteeing a minimum value for the token.
Commitment to Transparency
EverValue is dedicated to maintaining 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 commitment allows investors to verify the continuous appreciation of their tokens and the increasing Bitcoin backing.
Engaging the Community
To foster community engagement and broaden awareness, EverValue has launched a Zealy Campaign. Participants are invited to learn about the project, complete quests, and earn rewards, with top performers in the campaign standing a chance to win over $1,000 in prizes. This initiative not only promotes the project but also encourages active participation from the community.
Join the EVA Token Presale
The EVA token presale, which launched on September 23rd, offers investors a chance to participate in a genuinely innovative and secure Bitcoin-backed project. Interested individuals can visit the EverValue website to connect their wallets and secure their 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 them on Twitter and Telegram.
About EverValue
EverValue is a robust project backed by Bitcoin and its mining, built on the Arbitrum network. It is 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. For more details, visit EverValue’s website.
In conclusion, EverValue’s EVA token presale represents a significant opportunity for investors looking to engage with a project that prioritizes security, transparency, and long-term profitability. As the DeFi landscape continues to evolve, EverValue is poised to make a lasting impact.