Advertisement
Advertisement

EGGS

Rank #5309
Eggs Finance logo

Eggs Finance

0.00003852048
Jun 20, 23:31 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

backpack logoBackpack$0.57269
+2.91%
canton-network logoCanton$0.150550855
-0.88%
lighter logoLighter$1.52
-1.37%
pudgy-penguins logoPudgy Penguins$0.00592513966
-6.05%
dexe logoDeXe$22.57
+0.10%
chainlink logoChainlink$7.37
-2.96%
pi-network logoPi Network$0.12525
-2.31%
uniswap logoUniswap$2.81
-2.69%
rain logoRain$0.01587631030
+1.00%
bitcoin logoBitcoin$60,220.34
-3.45%
Advertisement