Everclear (NEXT) is rebranding to Everclear (CLEAR)
Everclear DAO approves NEXT to CLEAR migration, introduces new tokenomics with staking, and launches season 1 rewards on Dec 6.
In Q4 2024. Everclear reached an important milestone on its journey toward Chain Abstraction. Following its rebranding from Connext to Everclear and the launch of its Mainnet Beta, Everclear introduced the first Clearing Layer, offering <2bps fees to rebalance assets across major EVM chains.
Last week, the Everclear DAO approved a pivotal proposal to migrate NEXT to CLEAR, marking another critical step in the protocol’s evolution. This migration brings with it a DAO-approved vote-bonding system designed to incentivize solvers who contribute to the protocol’s overall volume. A fee-sharing mechanism has also been introduced to reward all stakers for their governance participation.
NEXT tokens will be swapped into CLEAR tokens at a 1:1 ratio.
Former Contract Address
- https://etherscan.io/token/0xFE67A4450907459c3e1FFf623aA927dD4e28c67a
New Contract Address
- https://etherscan.io/address/0x58b9cB810A68a7f3e1E4f8Cb45D1B9B3c79705E8
Project team announcement
- https://www.everclear.org/blog/the-future-is-clear
