Based EGGS
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Tokenomics

The most based and ETH-aligned ETH in the world.

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Last updated 17 days ago

Token Details

  • Ticker: cbEGGS

  • Chain: BASE

  • Max Total Supply: 1T

  • Deflationary

  • Contract address: 0xddbabe113c376f51e5817242871879353098c296

Description

  • Backed by ETH Every cbEGGS token is secured by ETH tokens locked in the smart contract, ensuring real, liquid value behind each one.

  • Ever-Increasing Value: Thanks to the smart burning mechanisms and fee accumulation, the ETH backing per cbEGGS can only increase, making each token more valuable over time (in ETH).

  • Arbitrage opportunities: cbEGGS tokens can be traded on decentralized exchanges, independent of the protocol’s smart contract. This setup can sometimes create price differences between the smart contract and the DEX, offering thrilling arbitrage opportunities for savvy traders.

  • Incentivized Liquidity: The plan is to list cbEGGS on AERO and allocate a portion of the fees to incentivize cbEGGS liquidity providers (LPs) up to a maximum of 10X their trading volume (in accordance with AERODROME limits).

cbEGGS Token