# cbEGGS
cbEGGS is engineered to be a powerful protocol that lets $ETH holders supercharge their returns using a one-way, up-only token mechanism. It works its magic by tapping into the egg-ceptional features of the $cbEGGS token—think clever burning mechanics and fee models—that ensure your ETH backing per cbEGGS only grows stronger over time. In short, every cbEGGS token becomes more valuable in ETH terms, and that’s no yolk!
## The most Based EGGS that burn ETH on every transaction!
Based EGGS is a DeFi protocol built on Base Ethereum Layer 2, using the cbEGGS token (secured by ETH) to offer a stable yet growth-ready value system. Picture it as your very own ETH bank—only you get to keep nearly all of the tasty yield your deposit earns. And here’s the egg-citing twist: every buy, sell, or ETH fee-driven transaction burns 10% of that fee forever!
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