- Coins 17 042
- Exchanges 1 299
- Market Capitalization $2 722 303 346 257
- 24h Trading Volume $83 207 046 283
- Dominance BTC 60.98% ETH 6.93%
Eggs Finance (eggs) Live Chart
| Crypto Rank | Name | Current Price | 24h Price Change | Total Supply | Circulating Supply | |
|---|---|---|---|---|---|---|
| 746 |
EGGS
Eggs Finance
EGGS
| $ 0.00 | -2.31% | 68 705 231 770 | 68 705 231 770 | AI Insight |
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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