• Cryptos 17 186
  • Echanges 1 282
  • Capitalisation $2 850 171 853 456
  • Volume (24h) $51 420 231 317
  • Dominance BTC 58.64% ETH 8.15%

Eggs Finance (eggs) Graphique en Direct

Rang Nom Prix Évolution (24h) Offre totale En circulation
678
EGGS
Eggs Finance logo Eggs Finance EGGS
$ 0.00 + 0.30% 79 718 658 548 79 718 658 548 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.