EVN🧬 Tokenomics (EVOLUTION888)

🔹 Key Token Parameters

• Full name: Evolution Virtual Network
• Ticker: EVN
• Network: ZHChain Evolution Network (Layer1b)
• Total supply: 100,000,000,000 EVN (100 billion) — fixed emission
• Decimals: 18
• Consensus: IBFT (PoA) + PoS/DPoS/IPoS overlay
• Block time: ~3 seconds
• Target reward period: ~30 years

🔹 Emission and Distribution

• 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 (67 billion EVN)

Distribution by Roles

• PoS (Stakers): 33,000,000,000 EVN (33% of total supply)
  Common pool for passive staking — participants simply lock EVN and receive income.
• DPoS (Delegators): 12,000,000,000 EVN (12% of total supply)
  Delegation to specific validators. Delegators choose validators and share rewards with them.
• IPoS (Hypernodes and Infrastructure): 22,000,000,000 EVN (22% of total supply)
  Special pool for hypernodes and key network infrastructure.
• Reserve: up to 2,000,000,000 EVN (2% of total supply)
  For bug-bounty, migrations, incentives for L2/L3 solutions.

Distribution Over Time (~30 years)

With BLOCK_TIME = 3s, the network creates ≈10.5 million blocks per year, ≈315 million blocks over 30 years.

Linear reward model (no halvings):

• PoS pool (stakers): 33,000,000,000 EVN
  RewardPerBlock_PoS ≈ 105 EVN per block
• DPoS pool (delegators): 12,000,000,000 EVN
  RewardPerBlock_DPoS ≈ 38 EVN per block
• IPoS pool (hypernodes/infrastructure): 22,000,000,000 EVN
  RewardPerBlock_IPoS ≈ 70 EVN per block

Total target reward per block: ≈ 213 EVN

🔹 Connection Between EVN and ZHC

EVN is tied to the base network ZHCash (Layer1a) and does not exist independently.

How to Get EVN

1. Conversion ZHC → EVN through bridge
   Users or infrastructure participants send ZHC tokens to the bridge smart contract in the ZHCash network.
   In response, the corresponding amount of EVN is issued to their address in the Evolution Network (Layer1b) from a specially allocated bridge limit.
2. Participation in EVN network
   - Staking EVN in the common pool
   - Delegating to validators
   - Running hypernodes and infrastructure nodes

Reverse conversion EVN → ZHC either does not exist or can be introduced in a limited form only through EVN holder voting.

🔹 Roles in the Network

Regular Holders

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

Evolution Network Validators

• Run EVN validator nodes (IBFT)
• Receive rewards from delegates (commission) and, if necessary, additional income from the IPoS pool

Hypernodes

Hypernodes are "super-nodes" that simultaneously work in two networks:

• Full node / validator in ZHCash (Layer1a)
• Validator in ZHChain Evolution Network (Layer1b)

Basic thresholds for hypernode:

• Minimum 20,000,000 ZHC stake in the main network
• Minimum 50,000,000 EVN stake in the second network (numbers can be adjusted through governance as the network grows)

Hypernodes receive access to:

• IPoS reward pool (22% of EVN emission)
• Bridge protocol commission ZHC → EVN (when participating in its maintenance)
• Extended voting rights in governance

🔹 Key Principles of the Model

1. Fixed and transparent emission.
   All 100 billion EVN are distributed according to a pre-known scheme, without hidden emissions.
2. Connection with ZHC.
   EVN is closely connected with ZHC through bridges and hypernodes, creating a unified economic space for the two networks.
3. Accessibility for users.
   Regular holders don't need huge capital: a small amount of ZHC → EVN is enough for staking and delegation.
4. High threshold for infrastructure roles.
   Hypernodes and major validators have increased requirements for stake and infrastructure, making them essentially technical and economic partners of the network.
5. Long-term horizon.
   The reward model is designed for decades, allowing infrastructure and government solutions to be built on top of Evolution Network without fear of "rapid emission burnout".