Evolution Finance is a self-funded project that will change the way users interact with DeFi locked liquidity and money markets. Evolution Finance is targeting DeFi lending of the top 50 ERC20 altcoins and ERC-wrapped native coins, with a fair token distribution model at launch. We believe a fair token distribution is key to building the community that a dominating DeFi platform needs. At launch 100% of EVN tokens will be made available through liquidity pools on Uniswap. Evolution Finance works with renVM and other advanced, audited, and established wrapping solutions to port blockchain assets to the Ethereum network. These assets are then:
- used as collateral to borrow stablecoins on the Ethereum network
available for leveraged positions on decentralized exchanges
able to earn interest on the Ethereum network
a composable Lego within the DeFi universe
WEB
https://evolution.finance/
DESCRIPTION
Lending markets, both centralized and decentralized, are the second largest crypto industry, just behind exchanges. There is a substantial user base that has already become attuned to these services.
The wider portion of the market, though, remains with centralized providers. This results from the lack of major assets available in Ethereum DeFi. With the exception of BTC, alternative blockchain assets are primarily accessible on centralized providers.
Still, Ethereum DeFi has attracted a rapidly growing user base. These users, though, have to forfeit exposure to booming altcoins like Polkadot's $DOT, which has surged to the top five with market-beating performance. CeFi lending is forced into existence by the lack of options on Ethereum DeFi.
Evolution Finance fills the missing gap.
This is the money market that provides access and exposure to opportunities unseen on the Ethereum network. The Ethereum community can collateralize, borrow, and/or lend the top-50 blockchain assets like $DOT, $FIL, $AVAX, $DASH, $XMR, $XEM, $DOGE, and many more on just Evolution Finance.
Evolution Finance is filling a market inefficiency: the lack of lending solutions for assets of other blockchain assets on the largest DeFi blockchain (Ethereum).
DeFi lending on Ethereum is a well-proven market. The assets available on Ethereum have outperformed CeFi markets. In fact, decentralized money markets have rapidly absorbed assets from CeFi markets.
The problem lies in the matter that these markets simply support too few assets.
Evolution Finance targets a large roster of new assets, qualifying a whole new market on Ethereum DeFi, one that is 10x larger than the target market of any other lending network on Ethereum.
WHITEPAPAER
TBD
TOKENOMY
Evolution Finance is an initiative by a public network of partners, using EVN tokens to run the project and reward the participants. There is a fixed supply of EVN and therefore no infinite mint exploits, 100% of tokens unlocked at inception (which means fair price discovery), and fair distribution:
- No incentives to stablecoin whales who have high farming power
No fundraise, no pre-mine, no free team tokens
No central control: all decisions made via multi-sig and and then community governance
Fees generated on lending/borrowing services and then redistributed to increase network value
Rewards: 0.2% of EVN transfer fees are earned by EVN stakers.
Governance: EVN is a fair launch project and hence the community powers the direction of the Evolution Finance ecosystem.
EVN is a deflationary asset with locked liquidity provider incentives due a 1.7% transfer fee, of which:
0.4% is burned
1% earned by locked liquidity providers (EVNY holders)
0.2% distributed to EVN stakers
0.1% deposited to the developer fund
The liquidity lock has a $5M cap, making the EVNY the first-ever LP token with a hard cap.
Token Supply: 300,000 EVN
TOKEN (ticker)
EVN + EVNY
DISTRIBUTION
Seed Price: None
Private Price: None
Public Price: None
Listing Price: $1
Circulating Market Cap: $300,000
Circulating Valuation: $300,000
ROADMAP
TEAM
AMA
COINGECKO / COINMARKETCAP
TBD
GITHUB
https://github.com/ferrumnet/
SOCIAL MEDIA
TELEGRAM: https://t.me/evolutionfinance
MEDIUM: https://medium.com/@evnfinance
TWITTER: https://twitter.com/EVN_finance