Secure contract lock through EverRise allows us to lock our smart contract for security for the investor.
Let me explain how it works
Heroes Token is powered by EverRise. EverRise adds security and verification that all projects on their platform are vetted, and doxxed. Giving investors peace of mind these projects are solid and legit projects. Utilizing EverRise as our third party non biased polling system, we are able to retain control over the Heros Token contract.
This allows us to always add utility and better Heros Token LLC keeping us viable as the crypto space evolves. This is completed through the EverOwn utility. This utility locks the contract within a vault. This makes it impossible for any changes to be made, unless the community wants a change to be made. How this works, in EverOwn we lock the Heros contract. The only way for us to gain access to make any changes is through a majority Heros Token Community Vote held by EverOwn. This gives all holders piece of mind and added security for the Heros Project.
FAQ's
Are the new contracts for v2 locked?
Yes, one of the reasons HEROS did the v2 token was to be able to add utility to the project and securing our contracts through EverOwn was a big part of it.
How does the contract get unlocked?
To protect investors as well as giving flexibility to developers to be able to unlock liquidity and the contract to go to exchanges or upgrade the contract, it can be unlocked with a weighted vote from investors. The developers will start the voting process at EverOwn and the investors will be able to vote to unlock or not to unlock.
Why is this better?
Protects the investor while letting the project grow with the changing times. Allows Heros to add Utility as new ideas and concepts come to life.