What Is Wrapped Everscale (wEVER)?

Wrapped Everscale (wEVER) is the wrapped version of the EVER token on the Everscale blockchain.

Everscale is a blockchain design that proposes a scalable decentralized world computer, paired with a distributed operating system. Everscale is based on a platform called EVER OS, which claims to be capable of processing millions of transactions per second, with Turing-complete smart contracts and decentralized user interfaces.

Everscale presents some new and unique properties, such as dynamic multithreading, soft majority consensus and distributed programming, which enable it to be scalable, fast and secure at the same time. It is governed by a decentralized community founded upon meritocratic principles via Soft Majority Voting protocol.

Everscale has developer tools, such as compilers for Solidity and C++, SDK and API, client libraries ported to more than 20 languages and platforms, a range of decentralized browsers and wallets empowering many applications in DeFi, NFT, tokenization and governance domains.

Who Are the Founders of Wrapped Everscale (wEVER)?

Dave Pulis is the CEO and one of the founding members of Everscale.

How Does Wrapped Everscale Work?

As laid out in its official documentation, wEVER is a blockchain-based cryptocurrency that holds value equal to its original, yet can be operated on the native EVER blockchain. Wrapped EVER (wEVER) is a digital token that has the same value as one EVER, which is first deployed on the Ethereum and BNB Smart Chain networks.

What Makes Wrapped Everscale Unique?

Users can stake their wEVER tokens and vote on proposals that are submitted in the EVER DAO — a decentralized governance mechanism that empowers users to make decisions that impact the Everscale ecosystem.

Related Pages:

Read more about Everscale (EVER).

Check out Ethereum (ETH) and BNB Smart Chain (BNB).

Learn more about Wrapped Ethereum and how to wrap your ETH.

Learn more about DeFi with CMC glossary.

CoinMarketCap takes a look at Wrapped Bitcoin.

How Many Wrapped Everscale (wEVER) Coins Are There in Circulation?

The total supply of wEVER tokens is 2,085,282,158.

How Is the Wrapped Everscale Network Secured?

wEVER is created on the Everscale blockchain network, which claims to be a fifth-generation blockchain network. The network uses a proof-of-stake (PoS) consensus mechanism that rewards participants for securing the network and reduces energy consumption.

Where Can You Buy Wrapped Everscale (wEVER)?

wEVER can be purchased on decentralized exchange (DEX) FlatQube Exchange.

Keep track of wEVER live prices in real-time with the CMC mobile app.