EverLend, First Lending Protocol on Everscale Network, Kicks off Operations W...
EverLend.app is a secured lending protocol powered by Everscale. The platform was successfully launched on the 18th of March, 2022 together with its own utility token. The platform facilitates DeFi lending by hosting funding pools with interest rates based on Everscale’s asset supply and demand algorithm. EverLend.app is a protocol where users can play the role of provider, borrower, or both, and interact with each other within the protocol to earn or pay flexible interest rates. At its core, it is a secured lending platform that charges interest on the use of....
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PRESS RELEASE. Broxus, the core development team behind many of the platforms that make up the Everscale network ecosystem, will be hosting its first-ever hackathon in Belgrade, Serbia from July 14-17. The hackathon is the latest development in what has been a remarkable 2022 for the Everscale network.
Everscale started off the year with its inaugural EVERPOINT Conference in Bali, Indonesia. The conference was a celebration marking the network’s second anniversary as well as its full-fledged expansion into the Asian market.
Since EVERPOINT, Everscale’s....
Everscale (ex FreeTON) DeFi Alliance has announced the opening of its Everscale Grants program. The grants program will provide crucial financial and professional support to promising IT startups that qualify. November has been a busy month for the Everscale network. Early on the project, which previously was called FreeTON, announced it would be rebranding into Everscale. The reasons behind the change were tied to the significant advances that had been made on the network and its correlated ecosystem, relative to where it had started out as FreeTON. FreeTON was started as a continuation....
Everscale is the most scalable network in DeFi. With the capacity to process over a million transactions per second, Everscale is able to offer users some of the fastest transaction speeds paired with fractional fees. The Everscale ecosystem includes a cross-chain bridge platform with a unique Universal Bridge mechanism that facilitates liquidity transfers to and from virtually any network, a native DEX with some of the highest APY rates in DeFi on its staking and farming pools, and native wallets. Vlad Ponomarev is the CEO of Broxus. He recently joined the Bitcoin.com News Podcast to talk....
PRESS RELEASE. Zug, Switzerland, September 4, 2022 – The Everscale Foundation has been officially registered as a non-profit organization to facilitate the growth of the Everscale network’s ecosystem, attract new developers, and further expand the international community. The Foundation’s mission is to remove barriers between Everscale and the external world.
Back in late 2021, the Everscale community supported a DAO initiative to create a representation of the network in the real world. By the end of August this year, all the necessary registration....
Everscale—a high throughput, scalable, and secure open-source blockchain built off Telegram’s TON concept—is the new brand name for the FreeTon Project. Rebranding from FreeTON to Everscale An announcement that FreeTON would be rebranding to Everscale was made after the change was successfully voted upon on November 9, declaring the name change to mirror the development […]