> For the complete documentation index, see [llms.txt](https://everlodge.gitbook.io/everlodge-whitepaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://everlodge.gitbook.io/everlodge-whitepaper/everlodge-token-usdeldg.md).

# Everlodge Token ($ELDG)

The Everlodge token is the driving force behind the NFT marketplace, $ELDG allows our investors to benefit from a host of benefits whilst providing discounts and bonuses. Built on the Ethereum blockchain $ELDG will be launched on Uniswap after the presale is completed. Investors wanting to purchase NFT’s on the Everlodge marketplace will require $ELDG to cover transaction fees creating a real world utility for $ELDG ensuring a real world use case.

**Passive Income -** By staking Everlodge tokens, token holders have the opportunity to generate a passive income.

**Rewards -** Gain access to exclusive monthly rewards, including exciting holiday giveaways and cash prizes.

**Membership -** The purchase of presale tokens automatically grants eligibility for our exclusive Everlodge private members club.

**Discounts -** Token holders can leverage their tokens to enjoy discounts on trading fees and purchases within the Everlodge ecosystem.

<table><thead><tr><th width="191"></th><th></th></tr></thead><tbody><tr><td><strong>Name:</strong></td><td>Everlodge</td></tr><tr><td><strong>Ticker:</strong></td><td>ELDG</td></tr><tr><td><strong>Blockchain:</strong></td><td>Ethereum </td></tr><tr><td><strong>Presale Supply:</strong></td><td>532,000,000</td></tr><tr><td><strong>Initial Price:</strong></td><td>$0.01</td></tr><tr><td><strong>Launch Price:</strong></td><td>$0.038</td></tr></tbody></table>

## Tokenomics&#x20;

<figure><img src="/files/dTUIfARHgXLPPyvVFEvV" alt=""><figcaption></figcaption></figure>

## Vesting

Everlodge will have a vesting period upon presale completion to ensure stability upon launch without unexpected price dumps. Tokens are vested for a period of 6 months, $ELDG will be airdropped as followed:

* 25% Upon Initial launch.
* 15% monthly for the remaining months.&#x20;

Tokens will be airdropped on the 17th of every month, please note that the first 25% airdrop will occur 8 days after the DEX launch.

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