# EVO (Token)

{% hint style="info" %}
Avalanche Token Address: **0x42006Ab57701251B580bDFc24778C43c9ff589A1**
{% endhint %}

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.

![](/files/DucydhemUBXkOWLHdNQz)

### Ways to get EVO

* By purchasing it from a DEX
* In tournaments as prizes
* Staking liquidity into the LP&#x20;
* 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&#x20;

## Token Info

EVO will only ever exist natively on the Avalanche blockchain. It may, however, be bridgeable to other chains if expansion occurs.&#x20;

Avalanche Explorer:&#x20;

<https://snowtrace.io/address/0x42006ab57701251b580bdfc24778c43c9ff589a1#code>

Contract Source Code:&#x20;

<https://github.com/EvoVerses/contracts/blob/main/contracts/ERC20/EVOUpgradeable.sol><br>

{% hint style="info" %}
If you want to check all the contracts in all the bridged chains you can check our GitHub here: <https://github.com/EvoVerses/contracts>
{% endhint %}

## 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.

<table data-full-width="true"><thead><tr><th width="183">Token Use</th><th width="139" align="center">Total</th><th width="100" align="center">%</th><th width="100">Minted</th><th>Details</th><th data-hidden data-type="checkbox">Done</th></tr></thead><tbody><tr><td>EvoVerses Fund*</td><td align="center">105,000,000</td><td align="center">17.5%</td><td><span data-gb-custom-inline data-tag="emoji" data-code="274c">❌</span></td><td>Reserved For Future Use, it has not been minted nor allocated</td><td>false</td></tr><tr><td>Staking Rewards</td><td align="center">391,392,000</td><td align="center">65.2%</td><td><span data-gb-custom-inline data-tag="emoji" data-code="1f550">🕐</span></td><td>Vested First Year: issuance started in Q2 2022</td><td>false</td></tr><tr><td>Ecosystem Fund*</td><td align="center">7,178,746</td><td align="center">1.2%</td><td><span data-gb-custom-inline data-tag="emoji" data-code="274c">❌</span></td><td>Fund to kickstart in game ecosystem rewards</td><td>false</td></tr><tr><td>Team fund</td><td align="center">20,429,254</td><td align="center">3.4%</td><td><span data-gb-custom-inline data-tag="emoji" data-code="2705">✅</span></td><td>Vested for 36 months, It remains in the team MultiSig</td><td>false</td></tr><tr><td>Advisors Fund</td><td align="center">2,000,000</td><td align="center">0.3%</td><td><span data-gb-custom-inline data-tag="emoji" data-code="2705">✅</span></td><td>Pre-mint Allocated and used by the initial founders for marketing, airdrops, and giveaways</td><td>false</td></tr><tr><td>Bounty Rewards</td><td align="center">2,000,000</td><td align="center">0.3%</td><td><span data-gb-custom-inline data-tag="emoji" data-code="2705">✅</span></td><td>Pre-mint Allocated for bounties and hours for the initial founding team based on their work towards launch.</td><td>false</td></tr><tr><td>Launchpad Sale</td><td align="center">30,000,000</td><td align="center">5.0%</td><td><span data-gb-custom-inline data-tag="emoji" data-code="2705">✅</span></td><td>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.</td><td>false</td></tr><tr><td>Initial Liquidity</td><td align="center">25,000,000</td><td align="center">4.2%</td><td><span data-gb-custom-inline data-tag="emoji" data-code="2705">✅</span></td><td>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</td><td>false</td></tr><tr><td>Private Seed Round</td><td align="center">17,000,000</td><td align="center">2.8%</td><td><span data-gb-custom-inline data-tag="emoji" data-code="2705">✅</span></td><td>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.</td><td>false</td></tr><tr><td>Total amount</td><td align="center">600,000,000</td><td align="center">100%</td><td></td><td>Hard Cap of 600 Million tokens</td><td>false</td></tr></tbody></table>


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