EGGS
Eggs Finance
- Price
- $0.00004124
- 24h
- —
- 7d
- −0.4%
- Market cap
- $124.3K
- 24h volume
- $0
sonic
0xf26ff70573ddc8a90bd7865af8d7d70b8ff019bc
Eggs Finance (EGGS) is a DeFi token on Sonic. 3B of a maximum 100B are in circulation, or 3%. It ranks 5908th by market capitalisation among the coins tracked here. The project publishes its website, whitepaper, explorer and X.
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.
- Circulating
- 3.0B
- Total supply
- 1.6B
- Max supply
- 100.0B
Supply as of 3h ago