Everscale (EVER) is a fifth-generation, scalable, smart contract-based blockchain that can process over 100,000 transactions per second with low gas costs. It features dynamic sharding and multithreading, ensuring seamless interoperability with Ethereum’s EVM networks. The platform supports decentralized applications, including DeFi, NFTs, and GameFi, and is governed by a decentralized community via the Soft Majority Voting protocol. The EVER token serves as a governance and fee token, with a total supply of 2,049,945,261 EVER.
Everscale (EVER) is the native token of the Everscale blockchain, a fast, secure, and scalable layer-one blockchain. The EVER token is utilized for several key purposes:
- Staking: Users can stake their EVER tokens to participate in the validation process and earn rewards.
- Yield Farming and Liquidity Provision: EVER tokens are used in decentralized finance (DeFi) protocols to generate yield and provide liquidity.
- Governance and Voting: Token holders can participate in governance by voting on proposals in the community DAO.
- Transaction Fees: EVER tokens are used to pay for various transactions, such as token swaps and bridging tokens.
- Payments in Decentralized Applications: EVER tokens can be used as a form of payment within decentralized applications built on the Everscale network.
- Referral Treasury: A portion of the token supply is allocated to fund partnerships and adoption initiatives.
- Developer Treasury: Tokens are reserved to reward community developers who contribute to the Everscale ecosystem.
- Validator Treasury: Tokens are allocated to bootstrap validator adoption and ensure network security.
To store Everscale (EVER) tokens, you have several options:
Create a Wallet:
- You can store EVER tokens in a wallet specifically designed for Everscale. This wallet is where you will manage your EVER tokens while interacting with the Everscale network.
Popular Wallet Options:
- MetaMask, Trust Wallet, and Ledger Nano S are popular choices for storing EVER tokens.
KuCoin Account:
- You can also store your EVER tokens in your KuCoin account, which provides quick access to trading products like spot and futures trading, staking, and lending. KuCoin serves as the custodian of your crypto assets, ensuring security and convenience.
Non-Custodial Wallets:
- For enhanced security, you can withdraw your EVER tokens to a non-custodial wallet, granting you complete control over your private keys. This option includes hardware wallets, Web3 wallets, or paper wallets.
Ever Wallet:
- The Ever Wallet, developed by the Broxus team, is a popular choice for interacting with Everscale-based products. It allows you to send, receive, store, and exchange digital assets on the Everscale blockchain. The wallet is available on Android, iOS, and web platforms.
Each option has its pros and cons, so it's essential to consider your specific needs and preferences when choosing how to store your Everscale (EVER) tokens.
To buy Everscale (EVER) tokens, follow these steps:
Create an account: Register on a cryptocurrency exchange that supports Everscale (EVER) trading. Popular exchanges include Coinbase, KuCoin, Huobi, Gate.io, and Bitrue. You will need to provide identification documents for verification.
Choose a payment method: Select a payment method to fund your exchange account. Common options include:
- Credit or debit card
- Bank deposit via SWIFT
- Peer-to-peer (P2P) trading
- Third-party payment services.
Fund your account: Deposit funds into your exchange account using your chosen method. Ensure the exchange supports both fiat and cryptocurrency transactions.
Purchase EVER: Use your funded account to buy Everscale (EVER) tokens. You can buy a fraction of an EVER if needed. The process may vary depending on the exchange, but common order types include market orders, stop orders, and limit orders.
Store or use your EVER: Once purchased, you can store your EVER tokens in your exchange wallet or transfer them to a personal cryptocurrency wallet like Metamask, Trust Wallet, or Ever Wallet. You can also trade, stake, or use your EVER tokens for other purposes.
Remember to check the exchange's fees, KYC requirements, and any local tax regulations before making a purchase.