Announcing the Launch of EVIRE Token

evire
3 min readJun 17, 2024

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Key Data for EVIRE Token Launch

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Detail Information
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Token Name ║ EVIRE ║
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Token Type ║ ERC20 ║
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Network ║ Ethereum ║
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Launch Platform ║ Uniswap ║
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Launch Mechanism ║ Standard launch with KOLs raise ║
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Launch Date ║ Friday, June 21, 2024 ║
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Launch Time ║ 13:00 UTC ║
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Initial Pool ║ 360,000,000 tokens + 4 ETH ║
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Initial Price ║ 0.000000011 ETH or $0.000039 ║
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Liquidity Lock Period ║ 1 year (on UNCX) ║
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Buy Tax ║ 5% ║
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Sell Tax ║ 5% ║
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Initial Market Cap ║ $14,000 ║
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Fully Diluted Valuation ║ $31,000 ║
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Circulating Supply ║ 45% ( liq. pool) + 1.55% (marketing and KOLs) ║
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Locked Supply ║ 53.45% (vesting contracts) ║
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Anti-Sniping Measures ║ High initial taxes, txs/wallet limits ║
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Launch Sequence ║ List on Uniswap, lock liquidity, adjust taxes,║
║ ║ remove limits, renounce ownership ║
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We are excited to announce the launch of our ERC20 token, EVIRE, on the Ethereum network. This token will serve as an IOU for the native token on the Evire mainnet.

The EVIRE token will be available on Uniswap through a Standard Launch mechanism on Friday, June 21, 2024, at 13:00 UTC.

The initial liquidity pool will consist of 360,000,000 EVIRE tokens and 4 ETH, establishing an initial price of 0.000000011 ETH per token, which equates to approximately $0.000039. This token launch ensures an equitable distribution, providing an opportunity for a wide range of participants to acquire EVIRE tokens right from the start.

To ensure the security and stability of the token, liquidity will be locked for 1 year on UNCX, enhancing trust and confidence in the trading environment.

Tokenomics and Market Details

The initial market capitalization for EVIRE will be $14,000, with a fully diluted valuation (FDV) of $31,000. At launch, only 45% of the total supply will be in circulation from the liquidity pool, along with 1.55% allocated for marketing, advisors/KOLs. The remaining 53.45% of the supply will be locked in vesting contracts, set to unlock fully over the next one to three years.

EVIRE will incorporate a 5% tax on both buys and sells, contributing to the sustainability and growth of the ecosystem. For more detailed financial information, please visit the Finances section of our documentation.

Anti-Sniping Bot Measures

To protect our community from sniping bots and ensure a fair trading environment, we will implement several measures at launch:

  • Initial trading will have a 30% tax on both buys and sells.
  • The maximum transaction amount will be capped at 0.1% of the total supply (800,000 tokens).
  • The maximum wallet holding will be limited to 0.2% of the total supply (1,600,000 tokens).

These restrictions will gradually be lifted following a structured sequence to normalize trading conditions:

  1. Listing on Uniswap: Creation of the liquidity pool with the 30/30 tax.
  2. Liquidity Lock: Locking liquidity on UNCX.
  3. Adjusting Limits: Removal of transaction and wallet limits.
  4. Tax Reduction: Reducing the tax from 30/30 to 15/15 and finally to 5/5.
  5. Renouncing Ownership: Ensuring complete decentralization by renouncing ownership.

The launch of the EVIRE token marks a significant milestone in our journey to develop a robust layer 1 blockchain tailored for AI, gaming, RWA, and DePIN applications. By leveraging the Ethereum network for our initial token launch, we are laying a strong foundation for the future growth of the Evire ecosystem. We invite everyone to join us on Uniswap on June 21, 2024, to be a part of this exciting new chapter.

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evire
evire

Written by evire

Evire is a layer 1 blockchain that aims to provide native support for AI, gaming, RWA and DePIN, empowering developers to build efficient, cutting-edge dApps.

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