Key Features of EVA
EVA Protocol introduces a revolutionary blend of Bitcoin mining and deflationary tokenomics, delivering consistent value to its holders. This section outlines the key features that define EVA and its innovative approach.
1. Bitcoin Mining-Backed Tokenomics
Consistent Revenue:
- EVA is backed by professional Bitcoin mining operations, generating daily yields of +9 BTC per month.
- These mining rewards are converted to wBTC and deposited into the Burn Vault.
Immutable Burn Vault:
- The wBTC reserves in the Burn Vault ensure a rising price floor for EVA tokens.
- Users benefit from predictable and consistent growth without operational complexity.
- It's imposible to withdraw wBTC from the Burn Vault without burning the corresponding EVA tokens, this is also verified for external audit companies.
2. Deflationary Mechanism
Fixed Token Supply:
- EVA has a capped supply of 21,000,000 tokens, ensuring scarcity.
Token Burning:
- Reedeming wBTC with EVA tokens permanently burns them, reducing the total supply.
- This deflationary process increases the backing per token for future payments, amplifying value for holders.
3. Innovative Burn Vault
Liquidity system:
- The Burn Vault acts as a decentralized liquidity system for wBTC and EVA.
Daily Value Growth:
- Mining rewards are deposited into the Burn Vault, driving continuous value appreciation.
Transparency and Security:
- On-chain verifiability ensures users can monitor deposits, burns, and balances in real time.
Why These Features Matter
Feature | Benefit |
---|---|
Bitcoin Mining Yields | Provides a steady stream of wBTC backing without user effort. |
Deflationary Tokenomics | Ensures long-term value appreciation through reduced supply. |
Transparent System | Builds trust through on-chain data and real-time monitoring. |
Explore More
Dive deeper into EVA's mechanics and discover how these features work together: