Question 1

What is EVER?

Accepted Answer

EVER is the native coin of the Everscale blockchain. It is the base asset used directly at the network layer to pay fees consumed by transactions, on-chain data storage, and smart contract execution, and it is also related to validation and staking mechanisms. The role of a native coin differs from that of an in-app point or company equity: it bears network operating costs, but holding it does not mean holding shares in an enterprise or receiving fixed returns.

Question 2

What is EVER used for in the network?

Accepted Answer

When users send transactions, store on-chain data, or call smart contracts, their operations consume network processing and storage resources, and the initiator pays the corresponding fees in EVER. This makes the party requesting an operation bear its resource cost rather than imposing it indiscriminately on all network participants. The final fee varies with the type of operation and resources consumed; a simple transfer, data storage, and execution of a complex contract are not the same type of operation, so a fee from one instance cannot be treated as a fixed standard.

Question 3

How is EVER related to network validation and staking?

Accepted Answer

Validators run nodes, confirm transactions, and participate in block production, thereby maintaining network operations. The network rewards validation work in EVER; this incentive gives participants an economic reason to commit the resources needed to run nodes. Users can also stake through validators, but staking is not an unconditional return: outcomes depend on whether the selected validator successfully fulfills validation duties, as well as the network mechanism and participation arrangements in effect at the time.

Question 4

What is the difference between EVER and WEVER?

Accepted Answer

WEVER is a wrapped form of EVER, not another independent native network coin. Wrapping converts native EVER into a form that can be handled by token contracts and certain decentralized finance applications, allowing it to be used in those applications. This distinction particularly affects governance: Ever DAO uses WEVER for voting. Typically, EVER must first be wrapped into WEVER and locked under the governance process to obtain voting power. Wrapping or locking does not create additional EVER out of nothing.

Question 5

What important changes have occurred in EVER's supply history?

Accepted Answer

Everscale's initial EVER issuance cap was 5 billion coins. In 2022, the community decided to burn 3 billion EVER; this was an important decision that changed the historical supply structure, so supply cannot be understood by citing only the original cap while overlooking this burn. Burning and validator rewards are not the same thing: burning reduces the quantity of tokens burned, while validator rewards are incentives the network establishes for security and block production. They affect token distribution and supply measurement at different stages.

Question 6

Can I participate in governance by holding EVER?

Accepted Answer

You can participate, but Ever DAO's voting asset is WEVER rather than unwrapped native EVER in a wallet. A typical path is to first wrap EVER into WEVER and then lock it according to the DAO voting process to obtain the corresponding eligibility to participate in voting. Therefore, "holding EVER" and "already being able to vote in a particular DAO vote" are different states; the specific lock, eligibility, and voting timing must still be checked in that governance process.

Question 7

Does holding EVER equal obtaining company equity or fixed returns?

Accepted Answer

No. EVER is a native network asset; holding it does not represent equity in a company or constitute a promise of fixed returns. Validation or staking may generate rewards according to network rules, but this depends on participation conditions, validation performance, and the mechanism, and cannot be equated with bond interest or corporate dividends.

Question 8

Why is EVER needed to use smart contracts?

Accepted Answer

Smart contracts are programs deployed on-chain that execute according to preset rules. Calling a contract generally requires more computing or storage resources than a simple transfer, so EVER serves as the payment asset for these resource costs. The purpose of the fee is not to "top up" a particular application, but to provide an economic constraint for the network to process that call. Different contracts and call paths consume different resources and may require different amounts of EVER.

Question 9

Why do validators receive EVER rewards?

Accepted Answer

Validators receive EVER rewards because they are responsible for confirming transactions and producing blocks. Rewards connect the work needed for network security with economic incentives: only when validators successfully perform their duties does the network settle the corresponding rewards to them according to the mechanism. This does not mean that all validation or staking participation receives the same return. Reward outcomes must be understood in light of whether validation succeeds and the relevant mechanism.

Question 10

What practical impact does wrapping EVER into WEVER have?

Accepted Answer

After EVER is wrapped into WEVER, the asset changes from a native-coin use state into a state that can be handled by applicable token contracts and decentralized finance applications. In practical terms, it can access these applications and can serve as the asset used in the Ever DAO voting process. Wrapping itself does not equal staking or voting; to participate in the DAO, the locking and current governance rules must still be followed.

Question 11

What problem do EVER network fees solve?

Accepted Answer

Network fees first price the resources consumed by transactions, storage, and contract calls and make the operation initiator bear them; second, they establish a basic economic mechanism for the network to keep processing those operations. EVER is therefore both the asset users use to pay resource costs and the fee unit in network operations. Fees should not be understood as a single fixed price. Because operation content and resource consumption differ, the final EVER cost paid by users also differs.

Question 12

What factors affect EVER supply and demand?

Accepted Answer

EVER supply and demand can be understood through several different channels: network transactions, storage, and contract calls require EVER to pay fees; validation and staking are related to reward distribution; and a community-decided burn of 3 billion coins occurred historically. They respectively affect usage demand, token distribution, or supply structure. These mechanisms cannot directly establish that the price must rise or fall. Market price also depends on buying and selling interest in trading markets, the number of tradable tokens, and overall market conditions.

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