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Welcome to EGG.FI, a one-stop web3 DeFi platform with many features associated with the crypto space. Anything from trading crypto to staking and even NFTs! The EGG.FI platform was designed with newcomers in mind, so whether you are a beginner or an expert trader, our platform can surely help!
Understanding the EGG.FI Decentralized Platform
On the EGG.FI’s app page, you can find all the various tools we offer in one single interface. In addition, you can also choose which blockchain platform you would like to use. This ability can be especially beneficial when you make cross-chain trades since the network fees can vary from blockchain to blockchain.
Now, is EGG.FI worth it?
Yes, yes, yes! EGG can be very beneficial for both newcomers and expert traders.
First of all, the wallets available on EGG.FI are all light (non-custodial) wallets that let you have complete control over your funds, thus making them more secure and resistant to censorship. As such, EGG does not have access to your private keys and offers simple ways for you to manage them.
Furthermore, we do not have an entry fee, thanks to the most affordable route among the best-decentralized exchanges. So you can make trades with crypto or fiat on EGG without the need for transaction fees. In addition, our network can perform a surprising 65,000+ transactions per second thanks to multi-chain integration and multithreaded designs.
Finally, since EGG.FI is a decentralized platform, all the history is saved on the blockchain you use instead of the database of the centralized exchange. Also, decentralized governance is essential in an open and inclusive web3 environment, which means economic benefits and control over institutions are distributed among society.
What Features Does the EGG Cover?
Now that you know how EGG works and its advantages, let’s take a closer look at some of our services.
Since EGG.Fi is a web3 platform, all of our services and payments go through web3 authentication. Thus, they are safely secured on a blockchain.
You can trade crypto quickly and easily on EGG.FI without transaction fees! Complete cross-chain trades with various cryptocurrencies from Polygon, Ethereum, BNB, and even fiat at a low cost. You can also change the blockchain network you are using on the lower left of the screen to see the network fees of various blockchains at a glance.
Liquidity mining is as easy and affordable as it could ever get! EGG.FI allows you to add liquidity to a liquidity pool with only ONE asset. Usually, if you want to add liquidity, you need to possess both of the cryptocurrencies in said pool. However, with EGG.FI you can do so with only one cryptocurrency, whose value will then be equally divided between the cryptocurrencies in the pool.
Staking crypto on EGG is another method you can use to gain passive income. Here, you can also change the blockchain you are on to see if there are better deals. For more information, you can visit the staking section of our crypto academy. Pro tip: holding EGGs on your account can help you gain more rewards and lessen the locking period.
Now you can trade different types of NFTs on EGG as well! Ranging from Music and Game NFTs to Identity NFTs, find them all in one intuitive platform.
We now also offer blockchain bridging on our platform. So, you can transfer crypto between a wide variety of blockchains. Bridging is often beneficial because you can transfer your crypto to a different blockchain and use its services at lower costs.
Multiple Wallet Tracking
With our web3 wallet dashboard, you can quickly and securely track the performance of multiple wallets in one place. With over 14 blockchains supported on the EGG, including Ethereum, Solana, BSC, we will continue expanding this feature to make it accessible to even more users.
Decentralized Autonomous Organization (DAO) and EGG
A DAO refers to an organization operated through a computer program that provides governance rules to the community. It needs to have an internal token that can be spent and used as a reward, as well as give holders voting rights to potentially influence how the organization works. The EGG Protocol token performs this role.
This article was informative for understanding how the current EGG.FI operates and what tools we offer. But stay tuned, as we will continue improving our existing services and expanding our list. If you have questions regarding anything on the EGG platform, consider joining our Telegram group or following us on Twitter and other social media!
Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of EGG Finance. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.