EverGrow Coin (EGC) is, as the name implies, a yield-generating token built on the Binance Smart Chain (BSC) that rewards holders in stablecoins (BUSD) for simply holding EGC tokens. Launched in September 2021, it has built utilities around its ecosystem such as an NFT marketplace, a wallet, and its staking feature.
Tokenomics:
EGC utilises a deflationary token model to bring value to holders.
EGC has a total supply of 1 trillion tokens, with 50% burned at launch.
Tax: A transaction tax of 8% is charged on every transaction, and this is shared amongst holders of EGC tokens
Buy-backs:
Periodically, the team buys back 3% of the token and burns it to keep deflation running.
Extra utility:
Holders have access to early staking pools, and EGC can be used for content subscription and liquidity provision.
