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EverETH

EverETH aims to become a leading innovator and creator of decentralized applications (dApps) and protocols on the Ethereum blockchain.

EverETH Graphic

Products and Services​

EverETH plans to launch several signature protocols and dApps that will generate revenue and value for EETH holders and the Ethereum community:

  • The very first product “EverETH Reflect” is already live on Binance Smart Chain since 2021.

Under development:​

  • Liquid Staking Protocol: A liquid staking solution that allows ETH holders to earn staking rewards without locking up their ETH. Users pay a fee to the protocol, which gets distributed to EETH holders.
  • Marketplace: A marketplace for buying/selling physical or digital assets. The marketplace charges a premium fee on transactions, which is distributed to the dividend contract.
  • DeFi Yield Aggregator: An aggregator that allows users to invest in multiple DeFi protocols from one platform. Aggregator fees are sent to the EETH dividend contract.
  • More products and services to be announced.

EETH Token​

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.

EverETH dividends

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

EverETH roadmap