🚀EGToken Benefits
Last updated
Last updated
The EG Token is at the heart of the EG Ecosystem and the DeFi tools we are building.
Let's take a look at some of EG Token's Features:
There are a number of ways which will put positive buy pressure on the chart.
Reason | Amount | Explanation |
---|---|---|
Cashback to whitelisted projects | Upto 0.03% of every transaction. | These funds are used to buyback EG Token and given as cashback to whitelisted projects. |
Every transactions Burns EG | Upto 0.02% of every transaction. | These funds are used to buyback and burn EG tokens, reducing that fixed 6Billion supply. |
Unused tokens from EGMigrate | Nearly 50% of total supply | Nearly 50% of the supply is yet to be migrated. We will put a deadline for these tokens to be migrated, after that, we will either burn these tokens forever, or burn a majority of them and keep some for farming rewards (provide liquidity to EGSwap, earn EG). Removing nearly 50% of token supply will make EG even more scarce! |
HeadsTails Revenue | 30% of HeadsTails profits | Our partners at BetFi portal HeadsTails have committed 30% of their profits to EG. These funds are used to buyback the EG Token |
Salesforce Exchange | 100% of SalesForce Fees | After a corporate adoption of crypto, our audited and SalesForce approved crypto exchange will likely become the tool of choice to transact crypto in the biggest CRM platform in the world. All fees are used to buyback the EG token. |
EG Blockchain Agency Revenue | 10% of Revenue | When users/projects come to us for expert help, we will use 10% of the revenue to buyback EG Token |
Token Trading Fees | 5% from every transaction | 5% fee is collected from every Buy and Sell transaction |
What do these Buyback fees result in?
Token Buybacks not only result in positive movement on the price chart but also fund:
Marketing
Social Impact
Liquidity
Tech
Staking Rewards
All wallets are available to be viewed publicly on our website - https://egtoken.io/token