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Evrynet

Evrynet

EVRY
Rank #4407
Community Rating
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$0-3.41%24h
Market Cap
$9.16K
24h Volume
$4.17K
Circulating Supply
40.39M
All-Time High
N/A

Price Performance

24 Hours
-3.41%
7 Days
-36.97%
30 Days
+0.00%
1 Year
N/A
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About Evrynet

Evrynet is a cutting-edge operating system for money, designed to provide infrastructure that enables developers and businesses to build an unlimited number of Centralised/Decentralised Finance (CeDeFi) applications. This innovative platform is interoperable with many of the world's leading blockchains, making it a versatile solution for financial services. By leveraging the Tendermint consensus protocol and proof-of-stake consensus mechanism, Evrynet ensures speed while maintaining security.

The key features of Evrynet include unlimited possibilities for financial applications, with basic financial templates providing a starting point to build more complex functions or DeFi Apps. The platform's interoperability with major blockchains, such as ERC-20, BEP-20, and Stellar, enables seamless cross-chain asset transfer and bridging digital tokens between Evrynet and other blockchains. Additionally, Evrynet's multi-chain crypto wallet allows for storing, sending, and receiving digital currencies.

Evrynet's native blockchain explorer, EvryScan, provides a platform for users to explore the network and track transactions. The EVRY token serves as the native asset of Evrynet, enabling various critical functions across the network, including gas fees for dApps and DeFi projects, base tokens for liquidity pools (yield farming), and collateral for lending. With its robust technology stack and innovative features, Evrynet is poised to revolutionize the financial services industry.

The Evrynet team consists of experienced professionals with a strong background in finance, technology, and blockchain development. Notable advisors include Loi Luu, CEO and co-founder of Kyber Networks, David Mazieres, co-founder of Stellar Development Foundation, and Robert Townsend, professor of economics at MIT. The project has completed a $7 million capital raise, demonstrating its growing traction and adoption in the market.

Evrynet's roadmap includes several key milestones, with plans to launch Evry.Finance v1.0 (AMM/DMM) and EvryScan v2.0 (Testnet) in Q3 2021. The project aims to further develop its technology stack, including the incorporation of Stanford's FDCI-developed SPEEDEX into the Evrynet ecosystem scheduled for mid-2022. With its strong team, innovative features, and growing adoption, Evrynet is well-positioned to become a leading player in the CeDeFi space.

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