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Strategic Reserves cannot be withdrawn and can only be utilized to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