Eggs Finance
Eggs Finance Basic Information
Symbol: EGGS
Price: $0.00054364
Volume: $7,582,497
Market Cap: $39,635,733
Fully Diluted Value: 39,564,753
Short Term Beta: For Premium Users Only
Beta: For Premium Users Only
Futures Curve: For Premium Users Only
Total Supply: 72,738,826,257
Type: Crypto Token
Eggs Finance Trading Chart
Eggs Finance on Exchanges
Learn more about Eggs Finance
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.