EvoVerses
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  • Introduction
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      • How to buy Evos (the creatures)?
      • How to view Assets on Evoverses.com
      • How to Deposit at the LP
      • How to link your wallet to an EvoVerses account
      • How to assign moves to your Evos
      • How to create your team of Evos
      • How to join the PvP Queue
  • Tokenomics
    • EVO (Token)
    • Evos
      • Breeding
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      • User-made Content
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  • Intellectual Property
    • IP Vision
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On this page
  • Ways to get EVO
  • Ways to use EVO
  • Token Info
  • Initial Token Distribution
  1. Tokenomics

EVO (Token)

EvoVerses is ran on EVO. EVO is the core of EvoVerses and allow our players to have a utility filled experience with a singular focus.

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Last updated 1 year ago

Avalanche Token Address: 0x42006Ab57701251B580bDFc24778C43c9ff589A1

With certain EVO transactions, fees are accrued and the proceeds are divided into the following allocations: some EVO is deposited in the Director to reward xEVO holders, and some EVO is used for development costs to continue being able to develop EvoVerses.

Ways to get EVO

  • By purchasing it from a DEX

  • In tournaments as prizes

  • Staking liquidity into the LP

  • New ways will be added in the future

Ways to use EVO

  • Purchases

    • Ecosystem Level NFTs

    • In-game items

    • Battle Passes

  • Breeding

  • Staking in liquidity pools to earn emissions

  • Purchasing tournament tickets

Token Info

EVO will only ever exist natively on the Avalanche blockchain. It may, however, be bridgeable to other chains if expansion occurs.

Avalanche Explorer:

Contract Source Code:

Initial Token Distribution

EVO is unlocked on a pre-determined schedule. The initial circulating supply was 76,000,000 EVO or 12.67% of the total supply.

Token Use
Total
%
Minted
Details

EvoVerses Fund*

105,000,000

17.5%

Reserved For Future Use, it has not been minted nor allocated

Staking Rewards

391,392,000

65.2%

Vested First Year: issuance started in Q2 2022

Ecosystem Fund*

7,178,746

1.2%

Fund to kickstart in game ecosystem rewards

Team fund

20,429,254

3.4%

Vested for 36 months, It remains in the team MultiSig

Advisors Fund

2,000,000

0.3%

Pre-mint Allocated and used by the initial founders for marketing, airdrops, and giveaways

Bounty Rewards

2,000,000

0.3%

Pre-mint Allocated for bounties and hours for the initial founding team based on their work towards launch.

Launchpad Sale

30,000,000

5.0%

Pre-mint Allocated for the launchpad sale. The launch was hosted by UniteFinance on Harmony and the initial price (backed by ONE) was $0.018 / $0.02 for the private / public pools respectively.

Initial Liquidity

25,000,000

4.2%

Pre-mint Allocated for initial liquidity. These tokens were matched with ONE tokens on Harmony to form the initial liquidity pool on FoxSwap and were not withdrawn until the Harmony bridge theft

Private Seed Round

17,000,000

2.8%

Pre-mint allocated via private sale for seed funding to cover early development costs. This was allocated as vEVO with a 9 month vesting period.

Total amount

600,000,000

100%

Hard Cap of 600 Million tokens

If you want to check all the contracts in all the bridged chains you can check our GitHub here:

https://snowtrace.io/address/0x42006ab57701251b580bdfc24778c43c9ff589a1#code
https://github.com/EvoVerses/contracts/blob/main/contracts/ERC20/EVOUpgradeable.sol
https://github.com/EvoVerses/contracts
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