EverGrow Coin, the first Yield Generation token that pays its users in USDT aims to become the next major New Cryptocurrency as part of a series of crypto breakthroughs.
Customers receive consistent returns and gain access to the contract’s buyback process through the repurchase mechanism in this new hyper-deflationary next-generation cryptocurrency.
The EverGrow Ecosystem comprises NFT Lending, a Marketplace, a Content Subscription Platform, Staking Pools, and Play-to-Earn Games.
The EverGrow Ecosystem is expanding the ways coin holders can use their currencies. Users can buy, sell, and borrow NFTs through the NFT marketplace.
The NFT and Defi space will have more liquidity because of these capabilities. Owners of NFTs can borrow money using their NFTs as collateral by utilizing them as security.
To increase the utility of Token, EverGrow is also developing an adult content subscription. Users can interact with content creators on the forum, tip them with $EGC, and pay for their work. EverGrow has already made the Platforms Beta available.
Because of USDT payouts, curators can continue to make a consistent living without ever selling their EverGrow holdings. EGC will become scarcer by the day as more creators become holders, reducing the number of tokens in circulation and moving it closer to becoming the next major cryptocurrency.
EverGrow also has plans to create Staking Pools, commonly referred to as RBLOs (Reflection-Backed Liquidity Offerings). By making purchases of its Partnered Tokens during specific contract interactions using a cutting-edge collection of payment systems for Staking Pools, EverGrow will give its Partnered Tokens liquidity.
Following the acquisition, the tokens are distributed to the Pool’s members. This idea gives the EGC token long-term utility by providing an economical and mathematical reason for putting up X tokens in exchange for Y tokens.
The Play-to-Earn games from EverGrow will also be unveiled. Each Hero type in these games will have a unique set of capabilities and restrictions. As players use their gameplay experience, EverGrow will offer daily login and NFT benefits.
These NFTs are usable or exchangeable in built-in NFT marketplaces. Gamers will gain from the booming in-game asset market thanks to this innovation.
Also Read: How to Sell EverGrow Coin on Trust Wallet
What Is Trust Wallet?
Trust Wallet is a noncustodial multi-crypto wallet tool that provides users total control over their digital assets, including cryptocurrencies and non-fungible tokens (NFTs). Binance’s official cryptocurrency wallet supports over 4.5 million cryptocurrencies, including NFTs, as well as 65 different blockchains, including Bitcoin, Ethereum, Tron, and Ripple. Additionally, it offers access to decentralized apps (DApps).
On Android and iOS, the Trust Wallet app is available for free download through the Play Store or the App Store, respectively. The site has over 10 million active users thanks to its easy-to-use, dynamic user experience.
Features of EverGrow Coin
$BUSD Reflections
Hold your EverGrow Coin and receive automatic Binance pegged USD ($BUSD) incentives. Every buy, transfer, and sell transaction automatically redistributes 8% to $EGC qualified holders. The rewards will be delivered automatically to your wallet, but you may also manually claim them from the app Dashboard.
Liquidity Pool
Every buy, transfer, or sell transaction results in a 3% deposit into a certified and locked liquidity pool through their smart contract, represented by $EGC and $BNB. Using their Liquidity Pools, Pancakeswap ensures that traders can always Buy and Sell without experiencing liquidity concerns. This fixes the low liquidity problems of DEXs. The $EGC pricing will be more consistently stable with a larger liquidity pool.
BuyBack & Burn
Every transaction generates 2% $EGC, which is converted to BNB and held in their contract. When buyback is turned on, it buys $EGC from exchanges and eliminates them from supply indefinitely. As a result, more $BUSD prizes and green candles are generated, meaning fewer coins will receive rewards in the future.
Anti-Whale Mechanism
The Anti-Whale Mechanism ensures that no single sell order can amount to more than 0.125% of the total supply of $EGC. The Anti-Whale Mechanism won’t necessarily stop Whales from selling, but having a maximum limit helps to prevent large selloffs and price manipulation.
How to buy Evergrow Coin
EverGrow can only be bought after you have downloaded the Trust Wallet app and acquired the Binance Coin (BNB) token. EverGrow can only be purchased with BNB. Once you obtain it, you must trade BNB for EverGrow.
Here are some steps to take to buy the EverGrow Coin using Trust Wallet
Step 1. Get the Trust: Crypto & Bitcoin Wallet app from the app store. It is available on both iOS and Android.
Step 2. First, open the app and select “Create a new wallet.”
Step 3. Examine the Privacy Statement and the Terms of Service. Select “I’ve read and accept the Terms of Service and Privacy Policy” from the box below and continue.
Step 4. A dozen recovery words will be given to you. To keep track of them, write them down in a notepad in the order they appear.
Step 5. The app will then display your 12 recovery phrases in a non-sequential order. If you tap the words in the correct order, you’ll be taken to TrustWallet’s main page.
Step 6. Go to “BNB” and select “Buy BNB.” Enter the amount of money you want to invest in USD and click “Next.”
Step 7. You’ll be asked whether you want to buy BNB with a third-party provider on the app. Wait until the transaction is completed.
Step 8. Return to the main page of TrustWallet, and you should see that you now have some BNB. “Swap to Smart Chain” may be found by tapping “BNB,” “More,” and “Swap to Smart Chain.”
Step 9. Return to TrustWallet’s main page to see if your Smart Chain order has been completed.
Converting BNB Smart Chain to EverGrow using PancakeSwap
For Android Users.
1. On the bottom taskbar of the TrustWallet app, tap “dApps.” After that, tap “PancakeSwap.”
2. Tap the top-right corner’s “Connect” button, then “TrustWallet.” PancakeSwap should now be able to recognize your BNB Smart Chain tokens.
3. Tap the top-right corner’s “Connect” button, then “TrustWallet.” PancakeSwap should now be able to recognize your BNB Smart Chain tokens.
4. Paste EverGrow’s contract address into the “Select a currency” area: 0xC001BBe2B87079294C63EcE98BdD0a88D761434e.
5. “Import” is the first option, followed by “I Understand.” Once more, select Import. The “To” field should now be set to “EGC.”
6. “Swap” and “Confirm Swap” should be tapped. A notification stating “Transaction submitted” will appear.
7. Set your slippage tolerance to 17% by tapping the gear symbol in the top-right corner. To save and close the window, click “X.”
8. “Swap” and “Confirm Swap” should be tapped. A notification stating “Transaction submitted” will appear.
Where can I find EverGrow in the TrustWallet app?
Follow the steps below to enable EverGrow in TrustWallet and ensure that you have them.
- Copy this Evergrow address:
0xC001BBe2B87079294C63EcE98BdD0a88D761434e
- Return to the main page of TrustWallet. Click the icon on the top-right corner and navigate to the bottom. Select “Add Custom Token.”
- Replace Ethereum with Smart Chain as the network. Paste EverGrow’s Contract Address in the “Contract Address” section. “Done” will appear. Click on it.
- Your EverGrow tokens should be visible on the TrustWallet app.
Is the EverGrow coin real?
EverGrow is a brilliant platform that enables token holders to generate passive income in BUSD at above-market interest rates. However, this approach only appeals to irrational retail investors seeking astronomically huge profits.
A blockchain game, an NFT marketplace, CRATOR, and other platforms are among the platforms the project’s creators have planned for the upcoming months. Skeptics believe EverGrow’s strategies are viable given this. One of the reasons why some individuals think the project is fraudulent is because of this.
No significant security concerns or warning signs might put the project’s operations in danger. Additionally, while EverGrow promises a big payoff, traders or investors who are risk-averse may opt to diversify their financial assets.
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