EVN Blockchain Model

EVN Tokenomics — Public Overview

Briefly About the EVN Token

• Ticker: EVN
• Full name: Evolution Virtual Network
• Role: gas and utility token of the second base network ZHChain Evolution Network (Layer1b)
• Decimals: 18
• Consensus: IBFT (PoA) + economic PoS/DPoS/IPoS model
• Block time: ~3 seconds
• Target reward model horizon: ~30 years

EVN cannot be simply purchased from the protocol — it is tied to the base token ZHC and is issued for participation in the network.

Emission and Distribution

• Total supply: 100,000,000,000 EVN (100 billion) — fixed, with no additional issuance.
• Premine: 33,000,000,000 EVN (33%) — development fund, infrastructure, strategic partners.
• Rewards pool: 67,000,000,000 EVN (67%) — rewards for stakers, delegators, and hypernodes over ~30 years.

Rewards Pool Breakdown

• PoS (stakers): 33% of total supply (33B EVN)
  General pool for passive staking — participants simply lock EVN and receive rewards.
• DPoS (delegators): 12% of total supply (12B EVN)
  Delegation to specific validators. The delegator chooses a validator and shares rewards with them.
• IPoS (hypernodes and infrastructure): 22% of total supply (22B EVN)
  Special pool for hypernodes and key network infrastructure.
• Reserve: up to 2% (up to 2B EVN)
  For bug bounties, migrations, and incentives for L2/L3 solutions.

Rewards are distributed gradually with each block so that the pool lasts about 30 years at the current block time.

EVN’s Link to ZHC

EVN is tied to the main network ZHCash (Layer1a) and does not exist on its own.

How to Get EVN

1. Convert ZHC → EVN via the bridge.
   A user or infrastructure participant sends ZHC tokens to the bridge smart contract on the ZHCash network. In response, the Evolution Network (Layer1b) issues the corresponding amount of EVN to their address from the allocated limit.
2. Participate in the EVN network.
   • Staking EVN in the common pool
   • Delegation to validators
   • Operating as a hypernode or infrastructure node

Reverse conversion EVN → ZHC is either not available or may be introduced in a limited form only through EVN holders’ voting.

Network Participant Roles

Regular Holders

• Can convert ZHC → EVN within established limits.
• Can stake EVN in the common pool and earn passive income.
• Can delegate EVN to chosen validators and share rewards with them.

Evolution Network Validators

• Run an EVN validator node (IBFT).
• Receive rewards from delegators (commission) and, if needed, additional income from the IPoS pool.

Hypernodes

Hypernodes are “super nodes” that operate simultaneously in two networks:

• full node / validator of ZHCash (Layer1a)
• validator of ZHChain Evolution Network (Layer1b)

Base thresholds for a hypernode:

• at least 20,000,000 ZHC staked in the main network
• at least 50,000,000 EVN staked in the second network (numbers may be adjusted via governance as the network grows)

Hypernodes gain access to:

• IPoS rewards pool (22% of EVN emission)
• Bridge protocol commissions ZHC → EVN (when participating in its maintenance)
• Expanded voting rights in governance

Key Model Principles

1. Fixed and transparent emission.
   All 100B EVN are distributed according to a known scheme, with no hidden issuance.
2. Link to ZHC.
   EVN is tightly connected to ZHC via the bridge and hypernodes, creating a unified economic space for both networks.
3. User accessibility.
   Regular holders do not need massive capital: a small ZHC → EVN amount is enough for staking and delegation.
4. High threshold for infrastructure roles.
   Hypernodes and major validators have higher requirements for stake and infrastructure, making them technical and economic partners of the network.
5. Long horizon.
   The reward model is designed for decades, enabling infrastructure and government-grade solutions without the risk of “fast emission burnout.”