CardanoEvo (CEVO) is a community-based, frictionless yield and liquidity generation smart contract platform. Smart contracts are just like regular contracts; instead of being drafted on paper, these contracts run in the form of protocols on the blockchain. The platform rewards holders with reflections in Cardano (ADA) reflections. The network aims to build a community of traders focused on the long-term future of the project, meanwhile enjoying passive income from their hold. The protocol also seeks to focus on the development of web presence, advertising strategies, merchandising store, website-based NFT (non-fungible token) marketplace, and more.

As mentioned on the website, an important feature offered by CardanoEvo is the AntiBot System, which is embedded in the contract. This function seeks to help CardanoEvo to avoid running into scammers and hackers. Moreover, the CardanoEvo token has built-in trader protection, which means that the number of tokens a wallet can retain and transact is limited.

As per the whitepaper, the network has CEVO as the native utility token. This is a deflationary token, which reduces in supply over time, making the token more valuable. The token is used to reward users and social media promoters. The platform has also created a VIP service for the top traders. Those with a large number of tokens are validated and invited to join the membership program. Additionally, CEVO is a token that applies a 15% fee to each purchase transaction and 17% to each trade or wallet transfer.

Further, the network has launched its decentralized exchange (DEX) platform named EvoSwap2. The system allows the users to swap between tokens on Binance Smart Chain (BSC).

The CardanoEvo project was launched in May 2021. The CardanoEvo development team includes Usema (project lead and contract design), Andrea (website design), and Steve (community manager).

CEVO has a maximum total supply of 45,000,000,000 tokens.