Understanding EVER
The native coin of the Everscale network, your key to the ecosystem.
What is EVER?
EVER is the native cryptocurrency of Everscale, serving as the core utility token that powers the entire blockchain. It plays a pivotal role in maintaining the ecosystem’s security, efficiency, and governance. If you are not familiar with cryptocurrency, here are the key differences of EVER from national currencies.
Full Control
Nobody gets between you and your money. All you need is a wallet keeping your keys on your device.
Security
EVER is protected by reliable and proven public cryptography, which secures your funds and transactions.
Decentralization
Unlike fiat currencies, EVER is not printed by a single entity. Instead, it is minted following strict rules by hundreds of independent validators.
Flexibility
With 9 decimal places, 1 EVER can be divided into the smallest fractions. Send as little as 0.000000001 EVER, if you need to.
How Do I Use EVER?
At the core of Everscale, EVER unlocks a wealth of opportunities for its users. Here are the most significant ones you should explore.
Network Fees
EVER is used to pay for all transactions and on-chain operations, including smart contract execution and storage fees.
With Everscale's high throughput, transaction fees are typically less than $0.001, making them almost unnoticeable.
To get started, simply download a wallet on your preferred device to interact with dApps and send transactions.
Decentralized Apps
Everscale goes beyond simple cryptocurrency transactions—it's a comprehensive ecosystem filled with dApps that bring the full power of Web3 into your everyday life.
Whether you're trading and farming liquidity on a DEX, playing Web3 games, or exploring diverse NFT collections, EVER is your gateway to the thriving Everscale ecosystem.
Staking
Everscale offers staking opportunities to all EVER holders, providing a safe alternative to trading. Similar to a bank deposit, staking allows you to earn additional EVERs by locking your funds in a special address for a period of time.
But there's more: when you stake your EVERs via the Liquid Staking protocol (stEVER), you also receive an equivalent amount of stEVER tokens, which can be used in supported dApps, giving you even more ways to engage with the ecosystem.
Governance
Everscale is a decentralized network, where the opinion of each EVER holder matters. By wrapping your EVER into WEVER, you get to vote on important decisions on EVER DAO.
Stake over 100,000 WEVER and get the power to propose changes.
Understand EVER Avatars
Make the most of EVER by converting it into several derivative tokens used across the Everscale blockchain.
WEVER
The wrapped version of EVER that you can utilize in DeFi protocols on Everscale to earn more cryptocurrency. One common DeFi technique is providing liquidity to the farming pools. 1 WEVER equals 1 EVER.
stEVER
Liquid staking token, given to every holder in exchange for locking EVER in a staking contract. This asset can be used in DeFi protocols. 1 stEVER is worth around 1 EVER.
LEVER
Digital asset conferred to institutional investors, which represents an obligation for the Everscale community to pay back EVER with interest over a certain period of time.
Tokenomics
After several years in circulation, EVER has a healthy distribution among various market groups and on-chain activities.
With a significant chunk of the EVER supply saved in the Treasury, the Everscale Governance distributes it to support ecosystem growth and build a sustainable development plan.
- Treasury 43.6%
- Investment alloc. 5.9%
- Investment locks 11%
- Farming users 1.1%
- Voting users 0.6%
- Staking users 18%
- Trading users 5.2%
- Burned 0.1%
- Coin holders 14.2%
- 2,119,349,045Total supply
- 39.2%Free float
- 11.1%Locked
- 49.8%Treasury
Get EVER
EVER is accessible through multiple channels. Choose the one that suits you best
Everscale Wallets
We recommend using wallets only from trusted developers. Major wallet applications for Everscale are available for free on all platforms, including the Chrome browser, Android, and iOS. Download a wallet, create a new address in Everscale and deploy it to start exploring our ecosystem.
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