Token distribution
EvolvePad Token Supply, Distribution, and Utility
The $EVO token is currently not tradable or purchasable on any platform or exchange. Be careful of fake tokens and scams! Always verify through our official social media channels.
hannels.
Ticker: $EVO
Chain: Binance Smart Chain (BEP-20)
Contract Address:
https://bscscan.com/token/xxxMax Supply: 500,000,000 (fully distributed with vesting; no minting)
- 0.5% of all funds raised on the platform will be used to buyback and burn $EVO.
- 0.5% of all unstaked $EVO tokens will be burned.
- 5.0% of all funds raised on the platform will be added to the $EVO/wBNB liquidity pool.
To prove the concept and pave the way for future EvolvePad IDOs, the $EVO token was initially distributed to investors through a series of presales on the EvolvePad platform. The presales were immensely successful by any measure with even the slowest one selling out in less than 2 minutes.
Fund | % Supply | $EVO Qty | Price | Vesting |
Seed | 10% | 30,000,000 | $0.015 | 15% unlocked at TGE then 15% per month |
Private A | 10% | 60,000,000 | $0.020 | 20% unlocked at TGE then 20% per month |
Private B | 10% | 60,000,000 | $0.025 | 25% unlocked at TGE then 25% per month |
Public | 5% | 25,000,000 | $0.030 | 100% unlocked at listing |
Total | 10% | 50,000,000 | $EVO | Liquidity listing price initially set at $0.035 |
Fund | $EVO Qty | Vesting |
Advisors | 25,000,000 | One month lock, then 10% each month therafter |
Team | 85,000,000 | 10% unlocked per month |
R&D | 40,000,000 | Fully locked in first quarter then 25% unlocked per quarter |
Ecosystem Growth | 15,000,000 | 60% unlocked, 10% unlocked each month. |
Community Rewards | 25,000,000 | 20% unlocked, 10% unlocked each month. |
Staking Rewards | 40,000,000 | Disbursed to stakers at 30% APR |
General Reserve | 45,000,000 | 100% locked for 1 year. |
Marketing | 50,000,000 | Fully unlocked |
Liquidity & MM | 40,000,000 | Fully unlocked |
Total | 500,000,000 | $EVO |
Based on above figures, initial circulating market capitalization of EvolvePad will be $1,012,500 with 40 000 000 circulating $EVO Tokens.
$EVO token holders can Stake their tokens on EvolvePad to gain access to the platform and earn rewards. Staking higher amounts of $EVO gives holders increased access and even greater rewards.These utility tokens are closely tied to our ecosystem’s features and we will dive into the details in a moment.
IDO Participation: Staking at least xx $EVO tokens on the platform allows holders to participate in all approved presales on EvolvePad. Staking XX or more $EVO tokens qualifies holders for Gold Tier status, which gives those community members a Guaranteed Allocation for every presale!
Voting Power: Staking at least XX $EVO tokens allows holders to vote on which projects are approved for a presale on EvolvePad. Votes are weighted by the amount of START staked.
It is important to point out, however, that governance will not available when the platform launches. They will be released as part of the future updates.
Earn BNB: Staking at least XX $EVO tokens allows holders to earn BNB from the redistribution of fees across the EvolvePad. Currently, 0.5% of all funds raised are redistributed to these holders.
$EVO tokens staked on EvolvePad are currently set to a 5 day locking period to prevent abuse of the platform. Additional staking or unstaking resets the locking period. Claiming rewards has no effect on the locking period.
Last modified 1yr ago