Eggs Finance (EGGS)
Total Value Locked$1.21m
| ||||
|
| Market Cap | $14.2m |
|---|---|
| $0.0003 | |
| Fully Diluted Valuation | $14.2m |
| $31,834 | |
| $13.22m | |
| $677,942 | |
| $203,398 | |
| $0 |
Protocol Information
Eggs Finance is a protocol on the Sonic blockchain that allows users to mint $EGGS tokens using $S, use $EGGS as collateral to borrow more $S, and participate in leveraged financial strategies
Category:Reserve Currency
Methodology
TVL: Calculates the total backing of S in the Eggs contract, and total borrowed in S
Fees: All fees (redeeming / selling using contract for 2.5% fees, flash loan 1%, loan interest, instant default 1%, etc) are captured by monitoring SendSonic events to FEE_ADDRESS
Revenue: Protocol revenue is 30% of total fees sent directly to FEE_ADDRESS