ATLANTA, Sept. 19,
2021 /PRNewswire/ -- The
cryptocurrency space has seen exponential growth in the last few
years, with success stories like DOGECOIN, SAFEMOON, SHIBA INU, AND
MORE, providing retail investors with exponential returns and
genuine opportunities to build life-changing wealth. SAFEMOON, a
yield generation token, started with a massive supply of 777
trillion and a very low marketcap. If someone had bought
$1,000 worth of SAFEMOON at Launch,
the $1,000 in investment would now be
worth around $3.5 million.
While everyone is scrambling to find the next big
thing, EverGROW COIN is
proud to be the 1st Yield Generation token which rewards its
holders in USDT. EverGROW aspires to be the next driver of this
trend. It is a next-generation hyper-deflationary token that uses a
revolutionary buyback mechanism to provide consistent returns.
EverGROW not only offers static rewards to its holders; instead, it
also benefits them from the buyback process of the
contract.
8% Redistribution in USDT: 8% of every
buy and sell transaction is automatically redistributed to all
token holders. There is no need for holders to claim their rewards
as the $USDT is delivered automatically to their wallets in their
holding EverGROW COIN Holdings proportion. It effectively means
that apart from a return from an increase in Token prices, Users
get to earn Stable Passive income in USDT.
3% Strategic Buy-Back Reserve: The
tokens collected from the fees are converted into BNB and securely
locked and stored in the EverGROW contract. The contract is coded
so that the BNB in the Strategic Reserves cannot be withdrawn and
can only be utilized to buy back EverGROW COIN (ECG) from the open
market and burn them. The project's contract has two different
BuyBack systems: The first one, Moonshot Buyback, is a large
buyback deployed strategically at specific moments and generated a
big green candle in the chart. Moonshot is executed when the chart
most needs it. When volume is low, the AutoBoost Buy-Back System
kicks in, and small buys will happen to discourage early sellers.
This creates a proper burn and guarantees the price per token will
increase every time the buyback is activated.
2% Automatic Liquidity: 2% of every
transaction will be sent to PancakeSwap for Liquidity. Pancakeswap
is a BSC-based decentralized exchange that fixes the low liquidity
problems of DEXs through the liquidity Pool concept. A liquidity
pool always contains a pair of tokens, which you can trade. The
project's Smart contract deposits 2% from every buy/sell
transaction as $EverGROW and $BNB into a liquidity pool. At the
same time, 1% from every transaction is allocated to Marketing to
fuel the most ambitious projects from our Ecosystem and reward the
active community.
Anti-Whale Mechanism: An extra 1% fee
is applied to all sales to discourage swing trading and lessen
Whale manipulation. Apart from this, the Smart contract will ensure
that No sales of amounts higher than 0.2% of the circulating supply
are possible at once. With its dedicated app that allows users to
see how many USDT Reflections they have, Although rewards are
distributed automatically, EverGROW also allows its owners to claim
the USDT token and receive those rewards sooner
manually.
EverGROW is also developing its
Ecosystem around $EGC. It will include the world's first NFT
Lending and Loan platform, promoting more accessible liquidity
in NFT & DeFi Space. It 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 an Adult Content
subscription platform where $EGC can be used for purchasing
content, tipping & messaging content creators on the forum. The
Platforms Beta Version be launched soon by EverGROW.
EverGROW also plans to launch innovative Staking
Pools or RBLOs (Reflection-Backed Liquidity Offerings). This
will provide the token with sustainability and benefit the holders
who will stake X token to earn Y token. Transferring their
liquidity to Partnered Tokens by buying them through specific
contracts is also their future endeavor so that the purchased
tokens can be distributed amongst the participants of the
Pool.
EverGROW will also start its own Play-to-Earn game.
Here, every type of "Hero" will boast its unique strengths and
weaknesses. EverGROW will offer players daily login and NFT rewards
while enjoying their gaming experience. These NFT's can both be
used in built-in NFT marketplaces and traded with other players.
Thus, Players will benefit from the rise of the in-game asset's
economy.
The project even includes a self-sustaining dApp platform
set to bring a true revolution to the cryptocurrency space and set
a new standard for security in DeFi. It consists of a swap exchange
with a user-friendly interface that allows users to see their USDT
reflections. However, rewards are distributed automatically;
EverGROW also allows its holders to claim their USDT tokens and
receive those rewards manually.
Furthermore, the developers of
EverGROW have smartly bifurcated
its tokenecomics to make it more sustainable to market trends.
EverGROW burned around 50% of its supply at its Launch, and burned
tokens will completely remove burned tokens from circulation before
Launch. The other 45% is allocated for pre-sale and Initial
Liquidity Lock on PancakeSawp, followed by the remaining 5% kept
aside for its team members and airdrop.
EverGROW's initial liquidity is locked on PancakeSwap with
a lock-in period of 12 months, which cannot be withdrawn even by
their team members. The team tokens are also locked & unlocked
cyclically to mitigate their impact on the current price caused by
sell-offs.
EverGROW was founded upon a set of core principles and
values which focus upon the value associated with a collective
group of like-minded individuals and the unparalleled capacity and
coordination that arises from this type of magical coalition.
Cryptocurrencies are steadily gaining retail and mainstream
acceptance. Recent IPO's of companies like Coinbase Global Inc.
NASDAQ: COIN and Argo Blockchain Plc are pushing crypto further
into the mainstream audience, and people finally realize the true
potential of CryptoCurrencies. It is this sentiment that will
continue to bring EverGROW and its community to new and even
greater heights.
Media Contacts:
Company: EverGROW COIN
Website:
https://evergrowcoin.com
Email: contact@evergrowcoin.com
Telegram:
https://t.me/evergrowcoin
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SOURCE EverGROW COIN