A brand new entrant to the DeFi market place promises outstanding rewards and advanced utilities while setting new standards for DeFi projects on Binance Smart Chain.
Available on PancakeSwap EverCash users simply just have to buy and hold Ecash to be rewarded in BUSD. However, EverCash provides more than just holder rewards. Lets take a look.
Buy back and burn
EverCash was born in Q4 of 2021 by a team of experienced developers with a background in web design and software development. Their aim is to set a new gold standard for DeFi projects hosted on Binance Smart Chain.
In its essence EverCash is a hyper deflationary token built on BSC with a unique and rewarding buy back and burn model integrated in to the code. The team chose BSC due to its ability to provide price oracles rather than looking at outside sources.
The buy back and burn model is thus -
- ~10% of all transaction are distributed among EverCash holders in the form of BUSD.
- ~8% of which go directly to the buy back and burn wallet.
- ~1% go into liquidity pool
- ~1% go into marketing and development wallet
This model is both profitable and sustainable and rewards EverCash users for transacting or simply holding.
EverCash developers are acutely aware of the bad reputation some of the reward projects have in the space. All too often project developers host a shiny website and promise massive returns before dumping their tokens on unsuspecting retail investors moments after project launch.
EverCash is different. On launch the project has a functional utility which will garner investor trust and confidence and show that EverCash can deliver on its promises. With a favourable marketing and development fee of 1% EverCash has the ability to generate profits immediately following token launch. Plus, the 8% buy back fee is designed to counter any token dump.
The EverCash eco-system has two exciting features which set it apart from its nearest competition, the Ecash wallet and the Peer to Peer Marketplace.
The Ecash wallet is the perfect Web3 wallet for the modern DeFi investor. Each wallet is non custodial and therefore does not require any exhaustive KYC procedures and checks. Through the use of a 12 word seed phrase Ecash wallet holders are always in control of their keys and in the event of any loss of device all funds can be fully recovered.
The Peer to Peer Marketplace promises to revolutionise the way the world moves money and embraces crypto by allowing transfers between anyone, anytime and any place. Once online this unique and revolutionary approach to buying, selling or simply holding your crypto will allow even those without bank accounts to access the cryptocurrency eco-system and take control of their personal finances.
Token price guarantee
EverCash is an exciting new project which aims to reward its token holders and network users through a generous buy back and burn model which through its hyper deflationary nature will guarantee the native token rises in price over time. With an exciting roadmap stretching throughout 2022 and beyond, there has never been a better time to invest.