Rank #7,924
$NEVER

Neverswap

Protocol ● Launched 36 months ago
Binance Smart Chain
0x1137d5836ef0e0ed9acc74aef8ffe2eaf81120b5
0Votes
0Votes

Description

A cryptocurrency being partially backed by collateral and partially stabilized algorithmically.

EVER token is a partially collateralized token, soft pegged to the U.S. Dollar with NEVER Token, available on the Binance Smart Chain
The protocol aims to maintain A token?s price stability, in other words the peg, by storing sufficient collateral in the time-locked smart contracts. This collateral is used for redemptions, helping to maintain price stability. The collateral consists of two tokens . On the BSC, BUSD and NEVER token, The BUSD token is deposited into the protocol when a user mints EVER token, while the NEVER token which is used for minting (burn). When the user redeems EVER tokens, the protocol pays back BUSD tokens and NEVER tokens value at 0.20$ /EVER.
The ratio of BUSD and NEVER token used by the minting and redeeming function is determined by the Target Collateral Ratio and by the Effective Collateral Ratio respectively.

Market Rank

In the dynamic and ever-changing landscape of cryptocurrencies, Neverswap has established itself as a formidable player. It is currently ranked #5,358 in the cryptocurrency market based on its market cap. This ranking reflects the trust and confidence that the market has in Neverswap as a viable digital asset.

Tokenomics

The tokenomics of Neverswap consist of a total supply of 15,100,435 tokens, out of which 12,776,002 tokens are currently in circulation. Understanding the tokenomics is crucial for potential investors, as it sheds light on the token's distribution and availability, which can directly impact its value and demand in the market.

Wallet Support

In order to securely store your Neverswap tokens, you can use a variety of wallets such as Trust Wallet, MetaMask, SafePal, Coin98. These wallets provide a safe environment for managing and storing your digital assets. It's essential to select a wallet that supports the specific cryptocurrency and offers a high level of security, user-friendliness, and compatibility with your preferred devices.

Price Performance

The price of Neverswap is currently at 0.001762787127864646, having experienced a -0.72% change in the last 24 hours. The trading volume for this period stands at 0. With a circulating supply of 12,776,002 tokens, Neverswap has managed to achieve a market capitalization of 26,619, reflecting the strong interest of the market participants.

coinvote.cc/coin/Neverswap

Info

Price$ 0.(0x2)1762
Market Cap$ 26,618.85
24h Variation (%)-0.72%
Total Supply15,100,435
Circulating Supply12,776,002
Launch DateJuly 6th 2021, 00:00
Date addedSeptember 19th 2021, 15:31
Listed byAnonymous

Security Scan

4 hours ago

The security scan is conducted by Goplus and serves as a general indication of contract security.

It may not detect all potential threats and vulnerabilities. Always perform your own research.

Holder Count:380
Buy Tax:0.00 %
Sell Tax:0.00 %
Owner Holdings:0.36 %
Honeypot Check:
Blacklisted Check:
Top 10 Holders:98.84 %
Anti-Whale Mechanism:
Can Take Back Ownership:
Slippage Modifiable:
Transfer Pausable:
Open Source:
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