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There are various strategies in place to decrease the supply of EverIncome Coin over time, meaning individual holdings will become more valuable and receive a higher proportion of rewards.
Via BuyBack & Burn, 2% $EIC is collected from every transaction and converted to BNB, which are stored in the contract. When BuyBack & Burn is enabled, the contract purchases $EIC directly from exchanges, driving the price up, and immediately and permanently removes those purchased tokens from circulating supply by sending them to the contract ‘Burn’ address. This means less circulating supply, so a higher share of rewards paid to holders.
There are great benefits for being a EverIncome holder – like our unique revenue model and our social platform like facebook. In addition, our token metrics provide for a 8% BUSD reflections or rewards. With the above model, it’s hard not to feel excited about the future of EverIncome and your holdings.
TAXES
EIC Buy/Sell/Transfer Tax – 14%:
$BUSD Reflections
Earn automatic $BUSD rewards by holding your EverIncome. 8% of every Buy/Sell/Transfer transaction is redistributed automatically to $EIC eligible holders. You will receive the rewards automatically in your wallet.
Liquidity Pool
Our contract deposits 2% from every Buy/Transfer/Sell transaction as $EIC and $BNB into a liquidity pool which has been locked and certified. A bigger liquidity pool will provide more stability to the $EIC price.
BuyBack & Burn
2% $EIC is collected from every transaction, converted to BNB & stored in our contract. When buyback is enabled, it purchases $EIC from exchanges & removes them permanently from supply. This generates further $BUSD rewards & Green Candles, leaving less coins receiving rewards in future.
Anti-Whale Mechanism
Our Anti-Whale Mechanism ensures that no single sell order can amount to more than 0.125% of the total supply of $EIC. The Anti-Whale Mechanism won’t necessarily stop Whales from selling, but having a maximum limit helps to prevent large selloffs and price manipulation.
QUARTER 1-2 / 2022
QUARTER 2-3 / 2022
QUARTER 3-4 / 2022
QUARTER 4-1 / 2022-23
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Attention. There is a risk that unverified members are not actually members of the team
