The current real-time price of EGGS is $0.0004. In the past 24 hours, EGGS has traded between $0.0{4}8253 and $0.0{4}8717, showing strong market activity. The all-time high of EGGS is $0.0011, and the all-time low is $0.0001.
From a short-term perspective, the price change of EGGS over the past 1 hour is , over the past 24 hours is --, and over the past 7 days is --. These figures provide a quick overview of the latest price trends and market dynamics of EGGS on LBank.-11.20%
The live price of EGGS today is $0.0004, with a current market cap of $5.061M. The 24-hour trading volume is 335.21251356995646. The price of EGGS to USD is updated in real time.
Before deciding whether to buy or sell EGGS, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s EGGS technical analysis can provide you with trading references.
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for EGGS.
How much will EGGS be worth tomorrow, next week, or next month in ? What about your EGGS assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! EGGS Price Prediction
To learn more about EGGS, consider exploring other resources such as the whitepaper, official website, and other published information:
Eggs Finance is a leveraged yield and S-looping protocol built on the Sonic blockchain (formerly Fantom). It allows users to mint EGGS tokens using the network's native asset, $S. These EGGS tokens can then be used as collateral to borrow more $S, enabling a recursive looping strategy that multiplies yield exposure within the Sonic ecosystem.
Intrinsic Value is the specific amount of $S$ tokens a user can receive by redeeming EGGS directly through the Eggs Finance dApp. Market Value refers to the price at which EGGS is trading on external exchanges. The protocol is designed so that the Intrinsic Value—or the ratio of $S$ backing each EGGS—only increases over time, creating a theoretical price floor.
The looping strategy is a recursive yield process. A user deposits $S$ to mint EGGS, then provides those EGGS as collateral to borrow additional $S$. This borrowed $S$ is then used to mint more EGGS, repeating the cycle. This method utilizes the protocol's high leverage capabilities to maximize the user's yield-earning potential.
The protocol supports a 99% LTV because EGGS collateral has a programmed 'intrinsic value' floor. Since the redemption value of EGGS relative to the $S$ debt is designed to never decrease, the risk of the collateral value falling below the debt value is minimized. This unique mechanism allows for hyper-leveraged positions that would be too risky on traditional lending platforms.
EGGS is not a stablecoin; it is a derivative token backed by $S$ tokens held in the protocol's vault. Its value is tied to the amount of $S$ it can be redeemed for. Users are able to redeem their EGGS for $S$ directly through the protocol's dApp at any time, a feature that supports the token's price floor and enables arbitrage.
EGGS can be traded on exchanges such as LBank and various decentralized platforms on the Sonic blockchain. The protocol generates revenue through minting fees, which are used to increase the $S$ backing for all existing EGGS or are burned to enhance the token's value. Redemption fees are typically minimal or non-existent to facilitate the price floor mechanism.
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