Token

EETH Token

• ERC-20 token on the Ethereum blockchain
• Used for governance voting, transfers, and access to dividends
• Total supply: 1 billion
• Distribution:

Dividend Mechanism

• An EETH Dividend contract tracks EETH holdings and ETH dividends
• When a user buys EETH, they are minted an equal number of tracking tokens
• Tracking tokens represent a user's share of dividends
• Revenue from EverETH products is accumulated in the Dividend Tracker
• EETH holders can claim ETH dividends proportional to their share of tracking tokens
• Dividend claims are subject to vesting periods to prevent dividend sniping

Governance

EETH holders can participate in governing the EverETH project and suggest/vote on new proposals. Governance powers include:

• Voting on adding new products or services
• Allocating project funds or revenue
• Changing platform parameters and fees
• Upgrading smart contracts
• Other administrative powers