Saturday, June 10, 2023

Evo Finance— Empowering Financial Freedom


Evo Finance is a BRC-20 token that gives holders transparency, continuous liquidity, and a flexible supply through the best rebase formula, making Auto-Staking and Auto-Compounding tokens. It has an Auto-staking Protocol (the best suitable protocol) that makes staking easy, rewards holders, and helps keep returns on crypto stable.

Evo Finance offers a way for the user’s money to grow independently. As soon as a user adds cash to their wallet, it starts to grow through “auto-staking.” Every 24 hours, the stake rewards add to the wallet. The current wallet balance goes up in the next cycle after compounding at a fixed APY of 1000 percent per year. Users don’t have to move their wallet balance to the Evo Finance dApp or website for staking. As soon as adding the EVO tokens, you will stake them. This Buy-Hold-Earn feature makes it easy for users to make money.

The EVO tokens don’t have a time limit, so users can stake and unstake them.

Total Buy trading costs are 14%, of which 5% is sent to the Reserve to provide Positive Rebase staking incentives. 5% is utilized to preserve liquidity and increase collateral value, and 4% goes to the Treasury.

18% of the sell charge maintains the liquidity pair, 5% to the Reserve, and 8% to the treasury.

Rebase Formula of EVO

The number of tokens changes based on how much they cost with the Rebase formula. Evo Finance uses a positive rebase formula, which increases the number of tokens based on the price. The number of tokens keeps going up until there is a balance, and the user’s wallet balance doesn’t change.

The positive rebase a reserve backs system backs the positive rebase system that ensures that there are enough tokens to go around. The reserve consists of the fees paid to buy and sell tokens. The reserve buys back tokens and burns tokens to keep the supply of tokens stable.

EVO Projects

The EVO game is one of its future projects that will allow holders of EVO tokens to gain more rewards. The official token of Evo Finance – EVO, will give users access to the game. The game is not a complex universe to enter and what entices users to engage more is that no one loses their initial deposit. Users can keep all the money invested in the game. Moreover, there will be multiple winners each week to wait upon. 

Evo Finance will release the Evo Calculator, the Evo Game, the Evo App, and the Evo Swap, among other things. There will also be a review by Bitgert.

The upcoming NFT collection will come with several perks, which will be accessible to those who sign up for the presale. Evo Finance will also launch big projects in the Metaverse, and the developers of those projects will be doxxed. Evo Finance will start an investment company to help its users in another project coming up. They will make the investments once the people who own EVO tokens approve.

Ivan Cruz
Ivan Cruz
Ivan Cruz is a writer for Cryptoconstellation. He has his Masters in Applied Research in Economics & Business. Ivan has been trading crypto for the past 7 years himself and feels it is his duty to bring you all the latest news.

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