EverValue Coin (EVA) is a deflationary cryptocurrency backed by wrapped Bitcoin (wBTC) in a Burn Vault, designed to appreciate in value against Bitcoin over time. More
Fully Diluted Valuation | $474.29M |
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24H Trading Volume | $317,070 |
24H Low / High | $24.93 / $ 25.94 |
Circulating Supply | 15.47M |
Total Supply | 18.76M |
Max Supply | 21.00M |
Categories | Crypto-Backed Tokens 2 more |
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Founder | Anonymous |
Website | app.evervaluecoin.com Whitepaper |
Socials | 1 more |
Chains | Arbitrum-one Ecosystem |
Explorer | Arkhamintelligence 1 more |
Contracts |
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Name | Pair | OG Score |
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EverValue Coin (EVA) is a unique cryptocurrency designed to grow in value over time by being backed by Bitcoin. It operates on the Arbitrum One network and has a deflationary mechanism that helps its value appreciate against Bitcoin (BTC).
How Does EverValue Coin Work?
EVA’s core mechanism is the Burn Vault, a smart contract that stores wrapped Bitcoin (wBTC) from Bitcoin mining and token sales. The more Bitcoin added to the Burn Vault, the higher the backing for each EVA token. Since no new EVA tokens can be created, the value of each EVA token increases as the Burn Vault grows.
The Burn Vault System
When users burn their EVA tokens, they can withdraw wBTC from the Burn Vault based on the current Burn Price, which increases as tokens are burned. This reduces the total supply of EVA, making each remaining token more valuable. The Burn Vault grows daily as new Bitcoin is mined and added to the vault. Programmed burns by the project administration also help drive up the Burn Price, ensuring the continuous increase in EVA's value.
Where Can You Buy EVA?
EVA can be purchased through its official app at app.evervaluecoin.com or on decentralized exchanges (DEX) like Uniswap. The token is also gradually being listed on centralized exchanges (CEX), such as XT.com, with more listings expected soon.
Key Features of EverValue Coin (EVA)
Guaranteed Minimum Price in BTC
EVA has a key feature: a guaranteed minimum price in Bitcoin. As the Burn Vault’s BTC backing increases and the total supply of EVA decreases, the value of EVA in Bitcoin is destined to rise over time. This structure offers a safety net for investors, making EVA an attractive long-term investment.
Conclusion
EverValue Coin (EVA) offers a unique and secure way to invest in a cryptocurrency that automatically increases in value over time. With its deflationary model, BTC backing, and guaranteed price appreciation, EVA stands out as a promising asset for those looking to hold long-term.
EverValue Coin (EVA) is unique due to its deflationary model and continuous value appreciation against Bitcoin, driven by its Burn Vault mechanism, which stores wrapped Bitcoin (wBTC) and reduces the total supply of EVA through token burns.
The founders of EverValue Coin (EVA) have not been publicly disclosed.
Uniswap V3 (Arbitrum One), Pancakeswap V3 (Arbitrum)
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