EverGrow works on an autonomous frictionless yield farming and liquidity generation protocol.
Simply hold $EGC tokens in your
wallet and earn passive income in Binance pegged BUSD
Accumulating Wealth Was Never This Simple!
- here is a tax fee charged on each transaction that gets stored in the contract balance; fees can be increased during a sell to PancakeSwap up to a value proportional to the time left in the buyback multiplier period (if any).
- Once a threshold value of tokens in the contract balance is met, a portion of the contract balance is swapped for BNB and distributed as dividends, and another portion is sent to the marketing wallet which is controlled by the project team.
- Another portion is allocated to funding PancakeSwap liquidity, unless the liquidity cap set by the team has already been met.
- Liquidity-adds are funded by selling half of the tokens allocated to funding liquidity, pairing the received BNB with the token, and adding it as liquidity to the BNB pair.
- The newly created LP tokens are sent to an address controlled by the team. The team is responsible for locking these newly acquired LP tokens.
- If the auto buyback functionality is enabled, and the amount of BNB in the contract reaches the ‘autobuyback’ threshold value determined by the owner, the BNB will be swapped for $EGC tokens and sent to the burn address.
At the Twitter Space AMA today a few Bluecheck profiles were checking them out, I find this to be an indicator of big things in the works maybe.