• Cryptos 17 046
  • Echanges 1 272
  • Capitalisation $3 449 246 364 600
  • Volume (24h) $122 993 764 946
  • Dominance BTC 59.73% ETH 9.10%

Eggs Finance (eggs) Graphique en Direct

Rang Nom Prix Évolution (24h) Offre totale En circulation
3164
EGGS
Eggs Finance logo Eggs Finance EGGS
$ 0.00 -6.63% 11 553 233 145 11 553 233 145 X-Ray

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.