What is Everscale (EVER)?
EVER is the native currency of the Everscale chain. You can check out the current EVER price movements on the Everscale price chart above.
Based on the TON project developed by Telegram, Everscale is a Layer-1 blockchain that has smart contract functionality. The Everscale blockchain claims to support up to a million transactions per second.
It's worth noting that Everscale allows the development of applications in high-level programming languages like C, C++, and Solidity. Besides, it employs the Proof-of-Stake (PoS) consensus mechanism.
The dynamic multithreading and sharding technology is one of the most unique aspects of the Everscale crypto project. The network consists of the Masterchain and multiple workchains (shards). Masterchain holds all workchain block proofs, while workchains only hold a limited amount of data. As Everscale's multithreading and sharding is dynamic, new workchains can be easily added anytime, which is not the case with most sharded networks.
Use Cases of EVER Tokens
The EVER token follows the TIP-3 token standard. However, there's also WEVER, which is an ERC-20-wrapped version of EVER that is compatible with the Ethereum network.
Talking about use cases, for starters, the EVER token allows holders to pay network fees to validators and collect rewards within DAO procedures.
Moreover, the token holders can also use the EVER coin for staking, yield farming, and adding liquidity.
Besides that, EVER tokens provide holders with governance rights, which allows them to participate in the governance process and vote on the protocol’s future.
Lastly, the tokens can also be used to cover payments in decentralized applications developed using Everscale.
Don't forget to take a look at the Everscale price chart above. Determining the main movements in the EVER price will help you a lot if you plan to invest in EVER tokens.
Who Founded Everscale?
The founders of Everscale have chosen to remain anonymous. Some sources mentioned Florian Dierks as the founder, but there’s no further information available on his background or identity.
Tokenomics of EVER
There is no max supply set for EVER tokens. As of January 2023, the total supply is around 2 billion. 85% of the initial EVER supply was set aside in the referral treasure while the remaining 15% was split between developer treasury (10%) and validator treasury (5%).
These are the project's quantitative metrics of its official X account that can be used to trace regular or artificial Social activity & growth within the project.
Followers
47.18K
Followers: 47,183
0.13%
Following
2,890
0.07%
Posts count
3,665
0.00%
These are the project's quantitative metrics of its official Reddit account that can be used to trace regular or artificial Social activity & growth within the project.
Subscribers
5.21K
Subscribers: 5,219
0.00%
Subreddit type
restricted
Moderators
2
0.00%
These are the project's quantitative metrics of its official Telegram account that can be used to trace regular or artificial Social activity & growth within the project.
Members
53.58K
Members: 53,581
0.00%
Title
Everscale Community
These are the project website's metrics based on Ahrefs Rank. They're used to trace website activity & growth within the project. DR (Domain Rating) metric is a sign of the project's website reputability that is ranked from 0 to 100 (the higher the rank, the better reputability). Organic Traffic - is a metric of how many monthly users visit the project's website via search engines. All these metrics are used for determining active or passive projects despite the artificial hype.
Website Rating (DR)
49 / 100
0.00%
Ahrefs Rank
691,492
3.57%
Organic Traffic (mo.)
78
0.00%
These are the project's quantitative metrics of its Organizational GitHub Public account that can be used to trace regular or artificial development activity & growth within the project.
Public repos
0
Type
Organization
These are the project's quantitative metrics of its official GitHub Public Repositories that can be used to trace regular or artificial development activity, growth & popularity of the project.
Stars
170
0.00%
Watchers
16
0.00%
Forks
54
1.82%
Language
Rust
r/Everscale hot topics
@Everscale_net posts