<ul><li>EverValue, a DeFi project on the Arbitrum network, is integrating Bitcoin into decentralized finance.</li><li>The project introduces a unique burn mechanism called the Burn Vault, where wrapped Bitcoin supports the price floor of the EVA token.</li><li>The EVA token is fully backed by Bitcoin and operates in a 'smart contract' wallet where new Bitcoin is deposited daily but can only be withdrawn by burning EVA tokens.</li><li>Regular audits, whale-proof measures, and continuous burns enhance the stability and security of EverValue's tokenomics.</li></ul>

Bitcoin Meets DeFi: New Mining-Backed Model Revolutionizes BTC Use

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