Advertisement
Advertisement

EGGS

Rank #5256
Eggs Finance logo

Eggs Finance

0.00004115198
-0.00000280560
-6.38%
Jun 11, 00:22 UTC

About

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.

Info & Links

Contracts

  • sonic:
    0xf26…019bc
Read More
Data From

Trending Coins

monero logoMonero$337.58
+8.62%
morpho logoMorpho$2.03
+5.52%
solana logoSolana$63.66
-1.92%
hyperliquid logoHyperliquid$53.65
-7.21%
zcash logoZcash$412.86
-3.76%
bitcoin logoBitcoin$61,884.08
+0.26%
ondo-finance logoOndo$0.33603056525
-6.03%
near logoNEAR Protocol$2.00
-6.33%
humanity logoHumanity$0.15966
-4.20%
audiera logoAudiera$7.21
+50.10%
Advertisement