By New York, NY, 17 Feb 2022, ZEXPRWIRE, EverEarn team is happy to inform the community regarding its latest achievement, having already broken the $8 million market cap barrier and continues to gain strength. Already being referred to as the next Safemoon.
BUSD is one of the few stablecoins that are compliant with the strict regulatory standards of NYDFS. Each BUSD is backed 1:1 with a US Dollar, making it crypto-market fluctuation resistant, and one of the most widely used stablecoins in the world. At the time of this article, EverEarn (EARN) has already distributed over $775,000 in BUSD to EverEarn investors, in less than 3 weeks.
EverEarn Progress
Despite having launched just over two weeks ago, the team continues to host daily hour-long AMAs with the growing investor community, often exceeding 80-100 participants on a daily basis. Although pushing an aggressive development schedule, the team continues to make time to provide updates, answer questions, and engage with the investor community. This though isn’t what’s raising eyebrows in the crypto-verse.
The team’s aggressive development schedule and plans are owing to the fact that they are running their project like a business. This means most of project’s development of utilities involves outsourcing the work to other well established crypto-teams and / or collaborating with other crypto projects already in progress. Much like a real-world business, the team are early adopters within the crypto-sphere of getting out of siloed service development in order to meet customer needs faster and better.
EverEarn Apps Releasing Soon
Often referred to in other crypto projects as ‘feature releases’, and all to often involving months of time, the EverEarn team has already confirmed release dates for their basic NFT Minting, Portfolio Wallet Tracker and Staking; all releasing within the next 3 weeks. Sticking to their aggressive development timetable, EverEarn is quickly building a strong and loyal community support base with over 20,000 members, followers and subscribers across their various socials. The team has also already released their updated roadmap, which now features details about completing their full-service ecosystem, a trusted listing site, and the start of development on a partnered crypto launchpad.
EverEarn Working for the People
EverEarn’s focus with investors is to continue to push a higher ratio of BUSD back to holders, while pushing their business model approach that truly prioritizes holders’ finances. The setup to ensure the highest ratio of BUSD going to holders is beautiful;
- 15% of initial token supply burned at launch
- An additional 5 million tokens burned per day, every day.
- Locked liquidity, locked staking, locked CEX, and dead wallets are excluded from rewards distribution.
- As apps develop, each will evolve to achieve a ‘Zero Tokenomics Footprint’, freeing the chart from the effects of contract selling in order to distribute rewards.
EverEarn has a total tax of 15% on all buys, sells and transfers, with 11% in BUSD, 2% to liquidity and buyback and burn functions, and 2% to marketing.
Social Media Handles:
Twitter: https://twitter.com/theEverEarn
Telegram: https://t.me/EverEarnOfficial
Media Details
Company Name: EverEarn
Contact Name: Dave Rahman
Email: [email protected]
Website: https://everearn.net/
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