ATLANTA, September 19, 2021 / PRNewswire / – The cryptocurrency space has grown exponentially in recent years, with success stories such as DOGECOIN, SAFEMOON, SHIBA INU AND MORE, providing retail investors with exponential returns and real opportunities to build wealth that changes the world. life. SAFEMOON, a yield generation token, started out with a massive supply of $ 777 trillion and a very low market cap. If someone had bought $ 1,000 value of SAFEMOON at launch, $ 1,000 in investment would now be worth around $ 3.5 million.
As everyone scrambles to find the next big thing, EverGROW CURRENCY is proud to be the first Yield Generation Token that rewards its USDT holders. EverGROW aspires to be the next driver of this trend. It is a next generation hyper-deflationary token that uses a revolutionary redemption mechanism to provide consistent returns. EverGROW not only offers static rewards to its owners; instead, it also benefits them from the contract surrender process.
8% redistribution in USDT: 8% of each buy and sell transaction is automatically redistributed to all token holders. Holders do not need to claim their rewards, as the $ USDT is automatically delivered to their wallet in the proportion of EverGROW COIN Holdings. What this actually means is that apart from a return from an increase in token prices, users earn stable passive income in USDT.
3% strategic buyback reserve: Tokens collected through fees are converted to BNB and securely locked and stored in the EverGROW contract. The contract is coded in such a way that BNB in strategic reserves cannot be withdrawn and can only be used to redeem EverGROW COIN (ECG) on the open market and burn them. The project contract features two different BuyBack systems: The first, Moonshot Buyback, is a large buyback strategically deployed at specific times and generated a big green candle in the chart. Moonshot is executed when the graphic needs it most. When the volume is low, the AutoBoost redemption system kicks in and small purchases will discourage early sellers. This creates proper burn and ensures that the price per token will increase each time the buyback is activated.
2% automatic liquidity: 2% of each transaction will be sent to PancakeSwap for Liquidity. Pancakeswap is a decentralized BSC-based exchange that solves DEX low liquidity issues through the concept of liquidity pool. A cash pool always contains a pair of tokens that you can trade. The project’s Smart Contract deposits 2% of each buy / sell transaction as $ EverGROW and $ BNB in a cash pool. At the same time, 1% of each transaction is allocated to Marketing to fuel the most ambitious projects in our Ecosystem and reward the active community.
Anti-whale mechanism: An additional 1% fee is applied to all sales to discourage swing trading and reduce Whale manipulation. Apart from this, the Smart contract will ensure that no sale of amounts greater than 0.2% of the circulating supply is possible at a time. With its dedicated app that allows users to see how many USDT reflections they have, although the rewards are distributed automatically, EverGROW also allows its owners to manually claim the USDT token and receive those rewards sooner.
EverGROW is also developing its ecosystem around $ EGC. He will understand the first NFT lending and lending platform, promoting more accessible liquidity in the NFT & DeFi Space. This will allow NFT owners to use their NFTs as collateral and borrow against their value. The project also promises to charge fair interest rates so that holders can raise funds without selling their NFTs. It is also developing a product that includes a Adult content subscription platform where $ EGC can be used to purchase content, tip and post messages to content creators on the forum. The platforms beta will be launched soon by EverGROW.
EverGROW also plans to launch Staking out swimming pools or RBLO (Reflection-Backed Liquidity Offerings). This will ensure the sustainability of the token and benefit holders who stake the X token to earn the Y token. Transferring their liquidity to partner tokens by purchasing them through specific contracts is also their future effort so that the tokens purchased can be distributed. between pool participants.
EverGROW will also launch its own Play to win Game. Here, each type of “Hero” will boast of their unique strengths and weaknesses. EverGROW will offer players daily login and NFT rewards while enjoying their gaming experience. These NFTs can both be used in the integrated NFT marketplaces and traded with other players. Thus, gamers will benefit from the growing strength of the gaming asset economy.
The project even includes a standalone dApp platform designed to bring a true revolution in the cryptocurrency space and set a new standard of security in DeFi. It consists of a swap exchange with a user-friendly interface that allows users to view their USDT reflections. However, the rewards are distributed automatically; EverGROW also allows its holders to claim their USDT tokens and receive these rewards manually.
In addition, the developers of EverGROW have cleverly branched out from its tokenecomics to make it more sustainable to market trends. EverGROW burned about 50% of its supply when it launched, and burnt tokens will completely remove burnt tokens from circulation before launch. The remaining 45% is allocated to presale and initial liquidity lock-in on PancakeSawp, followed by the remaining 5% reserved for its team members and airdrop.
EverGROW’s initial liquidity is blocked on PancakeSwap with a 12-month blocking period, which cannot be withdrawn even by their team members. Team Tokens are also locked and unlocked on a cyclical basis to mitigate their impact on the current price caused by massive sales.
EverGROW was founded on a set of core principles and values that focus on the value associated with a collective group of like-minded individuals and the unprecedented capacity and coordination that comes from this kind of magical coalition. Cryptocurrencies are increasingly accepted by retailers and the general public. The recent IPOs of companies like Coinbase Global Inc. NASDAQ: COIN and Argo Blockchain Plc are pushing crypto further into the mainstream, and people are finally realizing the true potential of CryptoCurrencies. It is this feeling that will continue to take EverGROW and its community to new, even higher heights.
Society: EverGROW CURRENCY
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