Welcome to EggPlus
  • EggPlus Auto-Staking Protocal
    • 📌Executive Summary
      • ⚙️How Does Auto-Staking Work?
  • HOW IT WORKS
    • 💰EggPlus Buy and Sell Fees Explained
    • 🔥Black Hole
    • 🏦Consensus Fund
    • 🛡️EggPlus Insurance Fund
    • ⛏️What is EGG 5X MINER
      • Tokenomics
      • Free Mining
      • Time Pool
      • Handling Fee
      • Strategy Development
      • Referral Reward
    • 🏆EAP-DAO Reward Program
    • 👑$EGGPLUS Tokenomics
    • 🛳️EggPlus Auto-Liquidity Engine (EALE)
    • 🎖️Partnership Medal NFT
    • 🪙Fixed APY
      • 🔢How is APY calculated
  • ABOUT US
    • 📈Road Map
    • 🖥️Links
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  1. HOW IT WORKS

EggPlus Insurance Fund

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Last updated 2 years ago

EggPlus Insurance Fund (EIF)

It is an independent wallet in EggPlus EAP system. EIF uses an algorithm that supports rebase rewards and is supported by some transaction costs generated in EIF wallet.

Simply put, it is supported by the EIF parameter at 0.021447% every 15 minutes to ensure that $EGGPLUS token holders receive high and stable interest rates.

5% of all transaction costs are stored in the EggPlus insurance fund, which helps to maintain and support the pledge incentives provided by the positive base.

EggPlus-FOUND funds will be established from 5% of sell transaction. The free fund will use the fund to invest in the most promising digital assets, of which 50% of the profits will go into the repurchasing pool; 25% will be used to repurchase $EGGPLUS and transfer to Egg Disposal and 25% will be used to repurchase $EGGPLUS to increase liquidity. Through the funds, it supports better the high point of APY 183,294%.

EIF guarantees the safety of the holder by:

  1. Avoid flash collapse through price stability

  2. Achieve long-term sustainability and future growth of EggPlus

  3. Significantly reduce downside risk

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