EVAT

EnrgiX EVAT leverages RWA technology and energy innovation to create new job opportunities and social dignity for riders in need worldwide. By tokenizing energy assets and enabling distributed investment and leasing, global Web3 investors can directly empower these riders, support their path toward a more sustainable future, and earn returns. EVAT offers a stable 18% APY and daily EP utility token rewards through its farm program.

How are returns generated?

By staking your EVAT, the corresponding electric vehicle is leased to a specific rider as a productivity tool.  The rider signs an offline repayment contract and pays back part of their income as interest, which is distributed to EVAT holders via smart contracts.  When the contract ends and the vehicle is fully repaid, you can redeem your principal and all interest earned.  Throughout the contract, both investors and riders also receive ongoing rewards in EP tokens.

Can I redeem my EVAT for a physical vehicle?

Yes, each EVAT is backed by a real-world asset. You can burn your EVAT at any time at EnrgiX or partner offline stores worldwide to receive the corresponding physical electric vehicle. However, if your EVAT has been staked and has earned returns, you will need to return the earned interest when redeeming for the physical asset.

What happens at the end of the staking period?

At the end of the staking period, your EVAT stops generating returns, but you retain full ownership of the token. You can choose to redeem your principal (initial investment) through the platform, or continue to hold or trade your EVAT in the marketplace.