The Eversify Tokens
Last updated
Last updated
Eversify’s Collection of Fund Tokens
Eversify plans on releasing a collection of Fund Tokens that are connected to corresponding Fund Wallets, that invest based on varying levels of risk. For example, we may release the $HEVE token, which is attached to a Fund Wallet that follows a high-risk investment strategy. So when an investor buys the $HEVE token, (assuming they buy in during a Designated Buy-In Period) their returns will be attached to the performance of the high-risk wallet. The same can be said for an $EVE token, where the returns would be connected to the low-risk wallet’s performance. This will provide the investor with a choice on how risky they want their returns to be. It should be noted that just like any token, the price will fluctuate, resulting in your principal investment changing in value like every other ERC-20 token on the market, but the risk associated with your Ethereum based dividends will follow the risk profile of the selected token. It should also be noted that we plan on launching more than just low, mid, and high-risk funds, as time progresses, and our community grows we will look into releasing niche funds as well that invest based on different risk profiles, and invest based on mandates that have nothing to do with risk at all (Maybe an $EVE NFT fund perhaps)?
How do I denote which Tokens are connected to which funds?
Each token will have a unique ticker symbol that tells the investor which fund it is connected to. The first token we will be releasing is the ticker: $EVE will be connected to the low risk wallet. the second token $MEVE will be connected to the mid risk fund, and the 3rd token we release called $HEVE will be connected to the high risk fund. The first letter of the ticker defines the fund it is connected to (Except $EVE, which is the low risk fund token).
Eversify’s Tokenomics
The Fund Tokens will have an initial supply of 10,000,000,000 with an initial burn of 1,000,000,000, with an initial price of 0.0000125. There will be a 5% transaction tax on buys and sells (not transfers) taken by the contract as a token and immediately sold for Ethereum on all Fund Tokens. For a breakdown of how the tax works on transactions for all fund tokens,
Eversify’s Investment Mandate(s)
Our Fund mandates (investment strategies for each fund) will be made publicly available on our website www.eversify.net once our funds garner a sufficient amount of capital. We will be updating these documents regularly based on the prevailing market conditions.