EverValue Coin

The EverValue Coin (EVA) is an innovative cryptocurrency on the Arbitrum One network, with a unique and definitive issuance of 21 million tokens, designed to offer continuous appreciation against Bitcoin (BTC). Initially, EVA is backed by 75 bitcoins, and its backing increases daily with the deposit of bitcoins from mining operations. This project incorporates a deflationary mechanism, in which tokens are burned to allow investors to realize profits by withdrawing the WBTC corresponding to the amount of EVA tokens they hold. This process reduces the total supply of EVA, increasing the potential appreciation of the remaining tokens in circulation. In addition to token burns carried out by users to realize profits, the project administration will promote scheduled systematic burns, further decreasing the amount of EVA in circulation while the backing in WBTC increases daily. This results in a constant appreciation of EVA in relation to WBTC. The system also establishes a minimum price guarantee in WBTC for EVA, as the burn price is calculated by dividing the amount of WBTC backing by the number of EVA tokens in circulation.