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EverValue announces Burn Vault Boost upgrade to its on-chain backing mechanism

02-05-2026 03:55 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: EVA

/ PR Agency: https://blockman.pro
Press Release

Press Release

Asunción, Paraguay, February 5, 2026, - EverValue (EVA) has announced the launch of Burn Vault Boost on February 6. This update to its existing on-chain backing and burn framework is designed to modify how BTC backing is applied across a portion of the token supply.
The Burn Vault Boost introduces an additional on-chain vault that operates alongside EverValue's existing Burn Vault Core. Rather than distributing BTC backing uniformly across the entire token supply, the new mechanism applies backing to a defined subset of tokens, with the aim of increasing the sensitivity of the reference burn value to BTC deposits over time.
Background: Burn Vault framework
At the core of the EverValue protocol is a system of smart contracts referred to as the Burn Vault. These contracts hold wrapped Bitcoin (wBTC) and calculate a BTC-denominated reference burn value per token based on available backing and the number of tokens eligible for redemption. This value is visible on-chain and functions as a protocol-defined reference metric rather than a traded market price.
The original Burn Vault Core continues to back the full circulating supply of EVA. According to EverValue, the Core currently holds BTC reserves generated through the project's operational activities, including Bitcoin mining, while the token supply itself remains fixed.
Introducing the Burn Vault Boost
The Burn Vault Boost operates as a separate vault that applies BTC backing to a smaller, predefined portion of the total token supply. By changing how backing is distributed within the protocol, the Boost alters the rate at which the reference burn value for that subset adjusts when BTC is added to the vault.
EverValue states that the Boost is designed to complement the existing Burn Vault Core rather than replace it. Burns executed through the Boost reduce the overall token supply, which continues to be reflected across the broader system.
Operational characteristics
The Burn Vault Boost is implemented entirely on-chain through smart contracts

Backing levels, eligible token counts, and reference burn values are publicly verifiable

Participation does not require user action beyond holding tokens

The mechanism does not alter exchange pricing or guarantee market outcomes

The Burn Vault Boost has undergone a security audit conducted by CertiK, according to EverValue.

More information is available at:
https://boost.evervaluecoin.com

Media contact
Flor Ayala
CEO
marketing@evervaluecoin.com

Avenida Mariscal López 300
Asunción 001204
Paraguay

About EverValue
EverValue is an on-chain protocol that integrates Bitcoin mining operations with a fixed-supply token model and on-chain backing and burn mechanics. The protocol maintains a BTC-denominated reference burn framework designed to provide transparency into backing dynamics, with the Burn Vault Boost representing an additional configuration layer within this system.

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