Buy and hold EverGrow coin "EGC"

Proposal for: EverGrow Coin

Hyper deflationary token with BUSD rewards

Technical details

• Token Name: EverGrow coin EGC
• Token Address: 0xC001BBe2B87079294C63EcE98BdD0a88D761434e
• Token Type: Rewards Token
• Token Chain Binance Smart Chain
• Stage: Launched
• Link to the whitepaper: https://evergrowegc.com/learn-more
• Team doxxed: Yes
• Proof of dox: https://evergrowegc.com/team/
• Smart contract public: Yes
• Audit: Yes X3
• Proof of Audit: https://evergrowegc.com/pixpopup-item/audit-reports
• LP Lock: Yes
• LP Lock proof: https://www.pinksale.finance/pinklock/record/1048441?chain=BSC

Functional details

EverGrow is a hyper deflationary rewards style token on BSC. The token launched with great success in late 2021. EGC is the central part of an ecosystem consisting of multiple utilities that generate income. All profits from utilities go towards buying and burning EverGrow coin. This does two things, both decreases supply of EGC (raising the price) and creates buying volume generating BUSD rewards. Rewards are automatically distributed to all holders in the form of BUSD stable coin.

Fund allocation and personal opinion

This token experienced a massive run up in its early stages with no utilities and nothing but hype taking it to a market cap of 2 Billion Dollars. It has since then pulled back and has settled into a position that creates a great price for opening an investment. EGC currently has a functional NFT marketplace (LunaSky) which is in beta and being actively developed.

EGC is also extremely close to launching a wallet that intends to compete with Trust Wallet including highly sought after features such as a on / off ramp for Crypto to Fiat. A easy to use swap feature, and the ability to have multiple wallets in one convenient app. All revenue generated from utilities results in buying and burning of EverGrow coin.

A investment into this project could generate a steady revenue source for DCIP to use for other investments, or to buy our own token and burn more of the supply. If our portfolio held 20 Billion EGC (approx. $1500 at current market price) and EGC manages to maintain a volume of just 10 Million dollars a day it would result in $1000 per month in BUSD income for DCIP. I propose a separate community vote to decide on how to allocate the BUSD rewards should this proposal pass.

Stop loss - -40% of buy in price.
Stop gain - None