Eggs Finance Price (eggs/CAD)
Eggs Finance
Currency
Official Site
GitHub
White Paper
Official Site
GitHub
White Paper
Eggs Finance market data
Trading Volume
24h
Circulating Supply
10,935,962,911.59977
100%
Volume / Market Cap
$0.00 / 0
Market Dominance
0%
Total Supply
10,935,962,911.59977
BID
N/A
ASK
N/A
What Is Eggs Finance (EGGS)?
Eggs Finance is a DeFi protocol built on the Sonic blockchain. It utilizes the EGGS token, which is secured by S tokens in the protocol, to facilitate loans with 99% LTV. Borrow S by using EGGS as collateral. Burning mechanisms ensure that the ratio of S per EGGS in the contract can only increase. This creates intrinsic value, or a price floor, for EGGS within the protocol and prevents loans from falling under collateral. EGGS can be redeemed for the underlying S on the dApp.
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