EverGrow Coin (EGC): What Is It?
The decentralized platform aims to develop a user-friendly ecosystem that allows consumers to switch from fiat money to cryptocurrencies. EverGrow Coin (EGC) is a coin whose value is meant to rise over time as demand increases. Users can keep EGC in a compatible wallet and earn rewards for each EGC-based transaction they make on the platform.
Buying a coin and holding it until its value increases, allowing users to sell it for a profit, is the standard practice in cryptocurrency trading. Profit opportunities are therefore limited to conventional trading. evergrow crypto seeks to use tokenomics, which enables users to profit from holding a token rather than selling it to increase user earning potential. As a result, rather than only trading tokens, the platform enables users to diversify their income by keeping the self-appreciating receipt. Depending on the token’s trading volume, features, and future, the more coins individuals keep, the more money they make.
A cryptocurrency known as a reflection token rewards its owners by imposing transaction fees and then distributing a portion of those fees to other owners. The platform’s native reflection token, EGC, is described in the whitepaper as based on the Binance Smart Chain. EGC is also hyper-deflationary, which means that as a result of burn and buyback, the supply is rapidly reduced over time, leading to scarcity and an increase in the token’s price. Users can keep evergrow crypto for extended periods to create passive revenue in USD with a Binance peg (BUSD). Stablecoin BUSD is linked 1:1 to the US dollar.
The following details on the characteristics of the EGC coin are significant:
Each transaction automatically redistributes 8% to holders of EGCs who qualify.
A locked and certified liquidity pool is where the evergrow crypto smart contract deposits 3% of each deal in EGC and BNB
An intelligent contract moves 2% of each transaction into a reserve for strategic repurchases.
Thanks to an anti-whale feature, users cannot dump more than 0.125% of the total supply of EGC at once. Whales are people, organizations, and exchanges that hold significant holdings of a cryptocurrency’s tokens.
In addition to rewarding tokenomics, the platform intends to provide several benefits, including:
NFT Marketplace: Users can buy, sell, lend, and exchange any NFT. Users can use a minting tool to produce their own NFTs on the market by using photographs, videos, and other data. Additionally, evergrow crypto NFT Lending, based on BSC, aims to enable NFT owners to borrow money at market rates using their NFTs as collateral.
evergrow crypto offers a dashboard for decentralized applications and a swap exchange (DApps). It has an easy-to-use swap exchange and can view incentives earned in real-time.
Staking Pools: EverGrowCoin intends to transfer some of its liquidity to partner tokens through a unique set of smart contracts for betting pools, thereby raising the value of those tokens. In exchange for their contributions to the collection, participants receive receipts.
Multiplayer Online Battle Arena Game / Play-to-Earn Game: An NFT game where players enter a BSC-based fantasy environment and earn daily login rewards, NFTs, and cryptocurrency while battling other players, completing objectives, and taking out enemies
Users of the evergrow crypto Wallet can exchange and trade their cryptocurrencies on a wallet created for the newest rewards tokens and conventional cryptocurrency financing.
EverGrow Exchange: This decentralized exchange is designed to serve the next generation of cryptocurrencies and offers seamless tokenomics integration that enables users to receive rewards in both native and non-native digital currencies and to exchange and swap traditional cryptocurrencies.
The EverGrow Coin’s past (EGC)
We launched in September 2021, evergrow crypto. A group of verified finance, blockchain, and marketing experts make up the EverGrow Coin team. The platform was created by the board’s chairman, Sam Kelly.
The maximum total supply of EverGrow coins is 1,000,000,000,000,000 EGC. 50% of the tokens were burned after the original release, and more coins are burned daily thanks to the buyback and burn option.
The Earning Process for New EverGrow Coin (EGC)
EverGrow Coin encourages users to keep EGC in their wallets and earn returns by viewing rewards as the fundamental building block of the platform. Simply put, staking is the process of holding tokens and receiving rewards. Users can receive automatic Binance-pegged USD ($BUSD) rewards for holding their evergrow crypto, with 8% of every transaction (trade or transfer) going to EGC-qualified holders. Prizes are promptly credited to users’ wallets. However, they can manually make claims for them using the DApp Dashboard.
Concerning EverGrow Coin
A deflationary cryptocurrency token called EverGrow Coin (EGC) is intended to become increasingly rare over time. Making the token scarcer is automatic because it operates on an autonomous frictionless yield farming and liquidity generation protocol. On Binance, real-time EGC price information is available.
The evergrow crypto , abbreviated EGC and introduced on the Binance Chain in September 2021, functions as a BEP20 token. The ecosystem’s tokenomics include 3% strategic buyback allocation, 8% incentives distribution, and 2% liquidity provision. The digital protocol also has a unique anti-whale mechanism. The Binance EGC price is continuously updated.
Users make additional inquiries about EverGrow Coin
What is the purpose of EverGrow Coin?
The under-construction evergrow crypto ecosystem of utilities accepts EverGrow Coin ($EGC) as payment. An NFT platform and market, a cryptocurrency wallet and exchange, and a social media platform that creators can monetize are all being created as part of the EverGrow ecosystem.
The ecosystem token, $EGC, drives movement and transactions across the evergrow crypto network of utilities. On the BNB Chain, $EGC is another useful payment option.
Who are the core developers behind EverGrow?
Sam Kelly, Praveen Rai, and Ajeet Singh are three of the EverGrow core developers who continue to hold leadership positions on the EverGrow Coin core team.
What is the maximum number of EverGrow Coin tokens available?
The initial maximum quantity of evergrow crypto tokens was 1,000,000,000,000,000 (1 quadrillion). Since there is a burn protocol for the deflationary token, its current total circulating supply is 492,750,000,000,000.
What Makes EverGrow Coin Unique?
EverGrow Coin features an anti-whale mechanism built into its protocol that restricts all sale orders to a maximum of 0.2% of the total supply in addition to its autonomous deflationary contract. An invention in and of itself, this was one of the first practical anti-whale methods to be applied to the more recent class of deflationary reward tokens.
In addition to this, evergrow crypto is notable for the progress it is undergoing within the decentralized ecosystem. It recently partnered with LunaSky to create an interactive NFT platform and Objective Reality to create an entirely 3D world. Regarding independent projects, evergrow crypto Coin is developing a cryptocurrency wallet and the Crater social media platform, which will help content creators make cryptocurrency through subscription-based content.
How Can I Purchase EverGrow Coins?
Users can read the How to Buy EverGrow (EGC) Guide for more details on evergrow crypto and EGC price statistics. On Binance, the live EGC price is updated immediately. EGC is not available for trade or service on Binance.