Everscale is an ecosystem that is built on the open-source development code of the Telegram team (Telegram Open Network). Features such as multi-level blockchain, sharding and multithreaded operations are available here.

Everscale news today, EVER crypto latest news of coin ticker

Everscale

Everscale is an ecosystem that is built on the open-source development code of the Telegram team (Telegram Open Network). Features such as multi-level blockchain, sharding and multithreaded operations are available here. Wrapped Everscale is provided with an underlying asset in a ratio of 1:1, has the same price and allows you to expand the possibilities of application, for example, to trade on decentralized exchanges that do not support the "original": Ethereum and Binance Smart Chain.

Wrapped Everscale news today, WEVER crypto latest news of token ticker

Wrapped Everscale

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What is Wrapped EVER (WEVER)?

WEVER is a token that is fully backed by EVER, Everscale's native coin, and serves as its token equivalent.

WEVER is utilized in other blockchains like Ethereum where EVER can't be transferred directly, as well as in some DeFi activities like swapping or farming due to its great compatibility with other tokens.

WEVER can only be minted in Everscale and only via a smart contract that accepts and locks EVER, then produces WEVER in a 1:1 ratio. If you then need to exchange WEVER for EVER, this smart contract will burn WEVER to unlock EVER. You may check this by comparing the balance of the smart contract in EVER to the entire supply of WEVER.

The easiest way to get WEVER is by using FlatQube or this website.

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What is Wrapped EVER (WEVER).