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Cryptocurrency News Articles
EverValue Announces Upcoming Presale of Its EVA Token, Combining Bitcoin-Backed Stability with Innovative Features
Sep 25, 2024 at 08:39 am
Unlike traditional platforms, EverValue allows investors to maintain full control of their tokens, without relying on third-party storage solutions.
United States, 25th September, 2024, Chainwire — EverValue, a leading DeFi project, today 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 boasts several unique key features:
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 independently verify the continuous appreciation of their tokens and the increasing Bitcoin backing.
To engage the community and spread the word about the project, 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 truly 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 set to establish a new paradigm 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. The platform is dedicated to providing a secure and transparent method for Bitcoin investors 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/
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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