Eagle Mining Network provides anyone the opportunity to mine a coin with a mobile phone.
EgonSwap DEX– Converging Decentralized Innovation And Long-Term Vision
Eagle Network brings EgonSwap, a new decentralized crypto exchange project that allows its Eagle Network Community members and new users to participate in the rising era of decentralized finance (DeFi). It is a Binance Smart Chain-based DEX with the latest technological innovations that enable users to trade cryptocurrencies in a quick and simple way.
Launched in September last year by the Eagle Network Team, EgonSwap has acquired nearly 3 million miners behind it. Its community has seen massive organic growth without the involvement of any strategic marketing.
As of April 2022, here are some of the statistics of EgonSwap DEX:
Market Capitalisation: $1,286,037
Total Minted: 52,451,580
Total Burned: 2,400,000
Circulating Supply: 50,051,580
Total Value Locked (TVL): $205,431.934
Users can safely and securely send, receive, and store Bitcoin and other cryptocurrencies and digital assets using the CryptoKara Wallet App, developed by the Eagle Network Community.
The Uniqueness Of Eagle Network
Some of the advantages of using Eagle Network are listed below:
Eagle Network has created its platform with the highest security in mind, given the growing number of hackers and online fraudsters.
Eagle Network transactions are one of the fastest in the world, with an average confirmation time of 5 seconds.
The platform is designed to handle 10,000 transactions per second.
Its efficient economic model was created with the goal of assisting as many people as possible in profiting from the cryptocurrency market.
The Eagle Vision
Anyone can now utilize EgonSwap DEX without having to register or verify their identity, as required by KYC and AML regulations. Users have complete control over their money, and no trusted third parties are involved in the transaction at any moment.
The Eagle Network team is working in various fields in the digital asset world. For instance, EgonSwap Finance will provide project launching pads, providing unprecedented access to a community of crypto fans willing to know about new ideas. In addition, a Bitcoin mining browser is in the works.
EgonSwap
With its long-term vision, the project is working on EgonSwap with multiple use cases with a unique, rewarding mechanism using DeFi. These use cases comprise a bundle of functionalities like crypto wallet applications, crypto trading capabilities, and Metaverse gaming.
Overall, ongoing audits undertaken by companies such as Certik, TechRate, and Cybersecurity attest to EgonSwap’s security and reliability.
With the liquidity provider option, users can trade, stake, farm, and make passive income, all while remaining decentralized and safe.
EgonSwap Stake is a way to earn incentives while putting your cryptocurrencies to work. To stake crypto assets, the user must first commit them to the support of a blockchain network, after which they will be rewarded.
EgonCoin (EGON)
The project is aiming to expand its vision by the launch of a novel native utility token EgonCoin (EGON). Unlike Ethereum, which uses Ethash, EgonCoin is set to leverage Elevate Proof of Stake (EPoS) as the hashing algorithm. This helps it in generating seamless and easy transactions with minimal transaction costs.
Retroactive award event
The EgonSwap team is also preparing a future retroactive award event to reward users of the EgonSwap DEX as part of a user-beneficial incentive system. The retroactive award of 5 million EgonSwap Tokens has been set and will be awarded before the EgonCoin Blockchain becomes live.
NFT Metaverse Game
In addition, an NFT Metaverse Game is being developed, which will be launched to reward participants for their contributions to this emerging new world order.
Roadmap
When the EgonSwap Network achieves maturity, the DAO will oversee all elements of development and governance via a fair voting system in which your voice and vote matter. Also, as part of a user-beneficial incentive scheme, the EgonSwap team is planning a future retroactive award event to reward users of the decentralized cryptocurrency exchange EgonSwap DEX. The retroactive reward of 5 million EgonSwap Token is locked which will be distributed before the launch of the EgonCoin Blockchain.
EgonSwap Finance will provide project launching pads, delivering unprecedented access to a community of crypto enthusiasts eager to learn about new projects, as a growing number of enterprises seek funding through launchpads. Additionally, a Bitcoin mining browser is being developed.
Furthermore, an NFT Metaverse Game is under development, which will be released for participants to be rewarded for their participation in this evolving new world order. At its most immersive, this is a really immersive experience.
EgonSwap Dex ✅
CryptoKara App ✅
EgonSwap Token ✅
EgonCoin Blockchain ☑️
Egon Bitcoin Browser ☑️
Metaverse NFT Cards ☑️
Egon Payment Gateway 🛠
Decentralized Social Hud
Cryptocurrency Exchange
Egon P2P Trading Module 🛠
Egon Transborder Payments 🛠
Egon Online Merchant Plugin 🛠
CoinVila Price Analysis Relaunch 🛠
✅️ – Completed and Launched
☑️ – Ongoing Private Testing
🛠 – Ongoing Development
Conclusion
Eagle Mining Network aims to solve the issues related to cryptocurrency mining and if you want to take a deeper dive, have a look at the links below:
Source : bsc.news
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