The EverValue Coin project is thrilled to announce the upcoming listing of EVAL (EverValue Coin) on XT Exchange. The EVAL/USDT trading pair will be available in the Main Zone. Those interested can take note of the following go-live schedule:
- Deposit: 09:00 on October 12, 2024 (UTC)
- Trading: 09:00 on October 7, 2024 (UTC)
- Withdrawal: 09:00 on October 12, 2024 (UTC)
About EVAL (EverValue Coin)
EverValue Coin (EVA) is a cryptocurrency designed as an alternative for users who want to hold Bitcoin long-term while hoping its value appreciates. EVA is fully backed by Bitcoin and has a final issuance of 21 million tokens, creating built-in scarcity and a zero inflation rate. Unlike Bitcoin, EVA operates via a smart contract wallet, where new Bitcoin (wBTC) is deposited daily, but can only be withdrawn by burning EVA tokens. This deflationary mechanism enhances the token’s value as its Bitcoin backing increases daily.
The continual growth in value is supported by two mechanisms: users burning EVA to unlock profits and a programmed, systematic token burn. All Bitcoin added to the Burn Vault (EVA’s liquidity reserve) comes from mining operations and token sales. During the first year, the EVA Group will burn 3 million tokens and return the withdrawn wBTC to the Burn Vault, ensuring a stable and appreciating asset base. As new Bitcoin is mined daily and added to the Burn Vault, EVA maintains a guaranteed and constantly increasing minimum price in wBTC.
EVA’s smart contract has been audited by Hacken, with the code publicly available to ensure security and transparency for all users. By combining Bitcoin’s long-term value with the deflationary model of token burning, EVA creates a platform for users to enhance their Bitcoin holdings securely and steadily over time.
The listing of EVAL on XT Exchange aims to open new opportunities for both the EverValue Coin project and its community. This partnership provides EVA with access to a broader audience of traders and crypto enthusiasts, with the hopes of boosting liquidity and fostering growth. By joining XT Exchange, EVAL is looking to position itself to lead the charge in offering Bitcoin-backed solutions for users worldwide, with the intention of further advancing the integration of smart contracts and deflationary assets.