Egoras Rights Price Today (Official) | Live EGR Price Chart in USD | CryptoRank.io
Currencies
13281
Market Cap
$ 2.12T
-3.18%
24h Spot Volume
$ 40.22B
+23.5%
BTC Dominance
37.26%
+0.36%
ETH Gas
144 Gwei

Egoras Rights [EGR]

 
Token:
BSC
USD 0.00561
-23.87
BTC 1.33e-7
-22.19
ETH 1.75e-6
-21.01

Egoras microfinance protocol provides uncollateralised micro-credit to small entrepreneurs

Egoras Rights Market Cap

N/A
FDMC: $ 561,396 

24h Trade Volume

$ 272,178 
Ƀ 6.46
EGR 48,482,404

Supply

Total:
EGR 100,000,000

All-Time-High (ATH) Price

$ 0.0293 (19 Dec 2021)
Ƀ 6.23e-7 (19 Dec 2021)
ETH 7.44e-6 (19 Dec 2021)
From ATH: -80.9%
To ATH: +422.3%

Egoras Rights's current price is $ 0.00561, it has dropped -23.9% over the past 24 hours.

Egoras Rights's All Time High (ATH) of $ 0.0293 was reached on 19 Dec 2021, and is currently -80.9% down.

Egoras Rights Live Chart

Egoras Rights price Index provides the latest EGR price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

The Egoras Rights to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.

EGR to USD Converter

EGR

Egoras Rights Quarterly Returns ($)

YearQ1Q2Q3Q4
2022-20.2%
2021-57.2%

Egoras Rights Closing Price (USD) - Quarterly

YearQ1Q2Q3Q4
2022
2021$ 0.00742

Egoras Rights Monthly Returns ($)

YearJanFebMarAprMayJuneJulyAugSeptOctNovDec
2022-20.2%
2021-1.67%-12.9%-49.7%
Average
Median

Egoras Rights USD (EGR - USD) Price Change

PeriodChangeChange (%)HighLow
24H-$ 0.00176-23.9%$ 0.00737$ 0.00538
7D-$ 0.0012-17.6%$ 0.00905$ 0.00492
14D-$ 0.0025-30.8%$ 0.00905$ 0.00492
1M-$ 0.00341-37.8%$ 0.0279$ 0.00492
3M-$ 0.0111-66.4%$ 0.0279$ 0.00492
YTD-$ 0.00182-24.5%$ 0.0108$ 0.00492

Egoras Rights Annual Price

YearUSDHighLow
2022-20.2%$ 0.0108$ 0.00492
2021-57.2%$ 0.0279$ 0.00665

What is Egoras Rights

Egoras microfinance protocol provides uncollateralized micro-credit to small entrepreneurs. To solve the high-interest rate problem, Egoras protocol introduces on-chain governance where the interest rates are determined by the people, in which no central body or company determine the interest. In other words, the users determine the interest rate. To address the dependence issue, the Egoras protocol uses an on-chain treasury system to make sure that Egoras protocol doesn’t lack the funds or liquidity for the loans and these funds are governed by the people. Finally, the Egoras protocol introduces collateral lending to address over-indebtedness in the microfinance sector. In this regard, small businesses’ assets will be converted to non-fungible tokens and they represent the collateral. These assets will be sold off when the borrower defaults in repaying the loan.

By voting on Egoras, users can support causes that they care about and make an impact:

  • Connect wallet and lock EGR on Egoras lending protocol, Browse by category and find an entrepreneur to support to receive ETH voting rewards
  • EGR voters receive two kinds of rewards. Firstly, they receive EGR voting rewards, which are created through the inflationary monetary policy. Secondly, they receive ETH which is generated when the borrowers pay back the loans. EGR voters receive two kinds of rewards. Firstly, they receive EGR voting rewards, which are created through the inflationary monetary policy. Secondly, they receive ETH which is generated when the borrowers pay back loans
  • EGR holders are responsible for governing the Egoras Lending Protocol, which includes approving and declining loans. The EGR tokens locked up during the governance process are returned to the holder 72hrs after the governance process is over.

Your collaterals are represented as NFTs (Non - Fungible Tokens). This means you can transfer your collateral ownership without undergoing rigorous legal works. You can easily claim your collateral after your loan period. All transactions are recorded as NFTs on a public Blockchain, (Thus every transaction is public and immutable).

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