Crypto exchange listed Evadore is paving a sustainable future with ReFi

Evadore, the transformative Regenerative Finance (ReFi) ecosystem by EvaLabs, is now listed on leading cryptocurrency exchanges like Lbank, Bitmart, P2PB2B and XT. The platform aims to unite blockchain entrepreneurs, start-ups, and communities through eco-friendly blockchain technologies that are forging a more sustainable world.

In its tokenomics analysis, the Evadore whitepaper notes that 39.045% of the total initial supply was of the initial supply was distributed through an Initial Exchange Offering (IEO). The remaining allocations include 4% for marketing efforts, 3% allocated for AirDrops, 7.5% designated for staking rewards, and a significant 16% reserved for the Evadore Foundation’s initiatives.

A blockchain solution to carbon emissions

Evadore, an EvaChain-based initiative launched by EvaLabs, passionately champions the integration of ReFi principles into blockchain financial systems, with a core focus on sustainability, social justice, and responsible environmental stewardship.

Isiah Cargo, the Chief Investment Officer at EvaLabs, highlighted the urgent need for change, noting that “87% of energy used by blockchain technologies comes from non-renewable sources.” necessitating immediate action.

Investing in renewable energy

The project’s technical document reveals plans for a financial system that pivots away from fossil fuels towards sustainability. Revenue from Evadore ecosystem will go toward mitigating carbon emissions, specifically funding hydroelectric, solar, and wind energy projects. Isiah Cargo also indicated plans for Evadore to facilitate carbon offset initiatives and combat deforestation by acquiring carbon credits via the Evadore Foundation.

More than just a wallet: A comprehensive ecosystem

EvaLabs’ ReFi ecosystem provides a wide array of sustainable financial products and services. These include Eva Chain, EvaStore, EvaPay, GreenWallet, EvaForest, and CarbonEva, catering to various eco-conscious needs.

Isiah Cargo underscored Evadore’s commitment to a balanced ecosystem, stating, “Evadore invites the world to a carbon-free future through its globally scalable, carbon-neutral blockchain solution.” This commitment underscores their aim to revolutionize the blockchain industry while fostering environmental sustainability on a global scale.