Backed by self-mined Bitcoin
A token worth more Bitcoin every day
Every EVA is covered by real Bitcoin held in an on-chain vault. The floor only goes up.
- 01MINING
- 02VAULT
- 03FORMULA
- 04BOOST
- 05REDEEM
- 06FLOOR
- 07MARKET
Own mining · 24/7
01
WHERE THE BITCOIN COMES FROM
Over 3,000 company-owned machines mine Bitcoin every day in Paraguay.
That Bitcoin is produced by the operation itself, fully verifiable on-chain.
12.09 BTC
The operational flow, step by step
The native BTC we mine is manually converted into wBTC (Bitcoin "wrapped" as a token on Arbitrum) and sent to the Payer Contract. We use wBTC because the vault and the protocol run on Arbitrum. Each day that production becomes an on-chain deposit into the vault: a public transaction, recorded on Arbitrum and verifiable on Arbiscan.
- 01MINING
- 02VAULT
- 03FORMULA
- 04BOOST
- 05REDEEM
- 06FLOOR
- 07MARKET
On-chain vault
02
WHERE THE BITCOIN GOES
Every day, part of the mined Bitcoin is deposited into the EVA vault.
That vault guarantees a minimum for every EVA token, always open and available to anyone.
420.25 wBTC
Why the team cannot withdraw
The Burn Vault is an immutable contract: there is no multisig and no admin key. The only way to take wBTC out is by burning EVA through the contract itself. The vault also received ~75 wBTC from the initial public sale (100% public, no team allocation) and ~60 wBTC from a partnership, plus liquidity fees.
- 01MINING
- 02VAULT
- 03FORMULA
- 04BOOST
- 05REDEEM
- 06FLOOR
- 07MARKET
03
HOW THE FLOOR IS CALCULATED
Each EVA's floor is the vault's Bitcoin divided by the tokens it covers.
That is the guaranteed minimum per token, and it rises with every new Bitcoin deposit.
CORE
Covers 100% of $EVA in circulation
2,113 sats
BOOST
Covers 69,729 EVA
53,680 sats
Why burning maintains the floor (it does not raise it)
When someone redeems, the contract releases the exact fraction of wBTC and burns the corresponding EVA: vault and supply shrink in the same proportion, so the floor stays the same. What makes the floor rise are the daily mining deposits, which grow the numerator without touching the denominator. The Burn Vault Boost uses the same math, but over a much smaller quota.
- 01MINING
- 02VAULT
- 03FORMULA
- 04BOOST
- 05REDEEM
- 06FLOOR
- 07MARKET
04
THE TWO VAULTS
There are two vaults: one covers every existing token, the other concentrates the Bitcoin on ~69,700 EVA.
With fewer tokens splitting the same Bitcoin, each EVA's floor is higher in the Boost.
Why the Boost floor rises as the quota is consumed
The Boost is a separate vault: it applies the backing to a concentrated slice — currently ~69,729 EVA — instead of the entire supply. As that quota gets burned, the remaining wBTC covers fewer and fewer EVA, so the floor per token rises: it already stands at 53,680 sats, read from the Boost contract itself on every visit. Today that guaranteed floor tracks close to the market price, not below it.
- 01MINING
- 02VAULT
- 03FORMULA
- 04BOOST
- 05REDEEM
- 06FLOOR
- 07MARKET
05
HOW YOU REDEEM
At any moment, you swap your EVA for the Bitcoin held in the vault.
The contract itself executes the swap instantly, with no counterparty involved.
- 1
- 2
2,886,083.269 EVA
Redemption in practice
You send EVA to the contract; it burns the tokens and releases the wBTC equivalent to the Burn Price instantly, to your wallet. It does not depend on us, on exchange liquidity, or on anyone's approval. That exit guarantee, executed by the contract itself, is what makes the floor a real value.
- 01MINING
- 02VAULT
- 03FORMULA
- 04BOOST
- 05REDEEM
- 06FLOOR
- 07MARKET
Floor evolution
06
WHY THE FLOOR RISES
Daily Bitcoin deposits feed the vault.
That is why the redemption value has been rising over time.
- 01MINING
- 02VAULT
- 03FORMULA
- 04BOOST
- 05REDEEM
- 06FLOOR
- 07MARKET
07
WHAT ABOUT THE MARKET PRICE?
The market price tends to stay above the floor.
If the market drops below the floor, the cycle of buying on market and redeeming Bitcoin from the vault stabilizes the scenario.
- GUARANTEED FLOOR
- MARKET PRICE
Why the floor holds the price from below
While the market trades above the guaranteed floor, the floor works as a net underneath. If the market price falls below the floor, redeeming becomes worth more than selling: whoever buys cheap EVA and swaps it for the vault's wBTC gets back more than they paid. That demand for cheap EVA pushes the price back up, without depending on anyone in between. Today spot and the guaranteed floor move practically together (~US$ 46.35 and ~US$ 46.26); the base floor, spread across the entire supply, sits lower as extra safety.
- 01MINING
- 02VAULT
- 03FORMULA
- 04BOOST
- 05REDEEM
- 06FLOOR
- 07MARKET
EVA around the world
Conferences, community and the mining operations in Paraguay. A preview of the gallery.
