What Is Gatehub (EVR)?
Gatehub EVR is a token released on the XRP Ledger by Gatehub, its value securely tied to Evernode (EVR). Evernode (EVR) functions as a utility token and operates on the Xahau Ledger, an innovative smart contract platform created for the XRPL called Hooks. Hooks deliver smart contract capabilities to the XRP ecosystem, enabling decentralized applications (DApps) to process inputs, update state, and produce outputs without a central coordinator.
In essence, Xahau serves as an alternative protocol within the XRPL ecosystem, allowing developers and users to experience the Hooks Xahau version of smart contracts while using a blockchain similar to the XRP Ledger. Evernode utilizes three XRPL hooks for managing host registrations, handling heartbeats and rewards, and overseeing governance activities.
Moreover, EVR holds utility for staking, governance, and liquidity provision within the Evernode ecosystem. Evernode provides the decentralized infrastructure required to host DApp nodes, creating a marketplace where hosting resources can be leased using EVR. One of the co-founders of the Evernode protocol is Scott Chamberlain.
Gatehub EVR is a pegged issuance of the original Evernode EVR. Issuances, like Gatehub EVR, are tokens that can be redeemed for a fungible asset, such as USD, EUR, GBP, gold, or cryptocurrencies, on their native networks.
Although anyone can issue a crypto asset, it's essential for individuals or organizations to trust that the issuer can redeem it for the underlying asset if they want to accept payment in that asset. GateHub is one such organization that has gained the trust of its users.
Gatehub EVR and other XRPL tokens that are pegged provide a valuable means of gaining exposure to the asset, as well as a decentralized blockchain-based tool for the transfer of value.
Who Are the Founders of Gatehub?
Enej Pungerčar is the founder and CEO of Gatehub. GateHub is a platform for the Internet of Value, built on XRP Ledger protocol. It allows everyone to send, receive, trade and manage any type of assets.
What Makes Gatehub Unique?
Gatehub is a decentralized exchange running on top of the XRP ledger that offers various innovative features, including wallet protection and stablecoin issuance. Its user-friendly interface is easy to understand, enabling users to send money through email and even international wire transfers.
Gatehub Wallet
The Gatehub wallet provides support for not only XRP and over 100+ XRPL IOU tokens but also has multi-currency capabilities, enabling users to send and receive payments from any supported network. With the ability to instantly exchange assets using the best rates provided by multiple sources, Gatehub ensures the best possible exchange for its users.
Wallet Protect
Wallet Protect is a service provided by GateHub, a cryptocurrency wallet and exchange platform. It is a yearly paid subscription that provides protection for cryptocurrency stored in a user's wallet by making the wallet a "multisignature" or "multisig" wallet. Transactions are signed by multiple keys, increasing security and allowing for easy recovery in case of emergency. Wallet Protect also includes Fraud Shield, which scans destination addresses through fraud checks to help prevent losses of funds, and Theft Cover provided by Coincover, which provides up to $100k of coverage in case of theft. Wallet Protect users also receive a personalized certificate confirming their coverage level and protection.
Gatehub Transfer Fee
Gatehub's current policy on EVR tokens on the XRP ledger includes a transfer fee of 0.3%. This indicates that whenever EVR tokens are moved on the XRPL, a fee of 0.3% is charged on the transferred amount.
Related Pages:
Read more about: Gatehub
Learn more about: Gatehub Ecosystem.
Visit: Gatehub.net.
How Many Gatehub EVR Are There in Circulation?
There is an initial maximum supply of 36,341,472.09 EVR tokens, of which an estimated 35,343,307.56 EVR are currently in circulation as of March 2023. Check out Gatehub.net to learn more.
Where Can You Buy Gatehub EVR?
Gatehub EVR is a token trading on the XRP ledger DEX, the most straight forward way to acquire EVR tokens would be to purchase them through XRPL DEX.
If you are looking for alternative exchanges where you can purchase Gatehub EVR, Bitrue is a good choice. Keep in mind that investing in cryptocurrency can be risky, just like investing in any other type of asset.
How to stay tuned for further updates?
If you wish to receive more updates about the Gatehub ecosystem and any upcoming events, we suggest you follow @GateHub on Twitter.
