The word “tokenomics” (token + economics) describes a crypto token’s supply and demand characteristics, tax structure, fees and rewards. EverGrow was the first major token to offer passive stable-coin income via its innovative token distribution strategy and advanced tokenomics. With each transaction (Buy, Sell or Transfer) a 14% transaction fee is applied which is automatically distributed in the following way:
REWARDS FEE
LIQUIDITY POOL
BUY BACK
Additionally, 2% of every transaction is sent to our Development Fund for marketing, utility development, exchange and staffing costs.
Creating a token that rewards its holders with passive income simply by holding the token in a crypto wallet is a new concept and although it may seem complicated at first, the process for holders is actually very simple. The following infographic will help you better understand all the moving parts:
Transaction fees (14%) from Buying, Selling and Transferring $EGC help support the development of project’s ecosystem, generates passive income for holders and is used to stabilize the price (3% goes to the Liquidity Pool). Once launched the utilities will be added to the system and 100% of all net profit will be used for additional BuyBack & Burn. This will raise the price of the token and create additional rewards for the holders. Since launch this innovative system has operated flawlessly, allowing the project to accumulate 139,000+ holders whilst becoming the world’s leading stable-coin passive income token.
