Eigenpie Price
(EGP)
Eigenpie Live Price Data
The live price of Eigenpie is $3.45, with a total trading volume of $ 98,019 in the last 24 hours. The price of Eigenpie changed by +8.15% in the past day, and its USD value has decreased by -1.65% over the last week. With a circulating supply of -- EGP, the market cap of Eigenpie is currently -- USD, marking a --% increase today. Eigenpie currently ranks #-- in market cap.
How do you feel about Eigenpie today?
Note: This data is for reference only.Eigenpie(EGP) Profile
Website
Documentation
- --
Explorer
- --
Contract
- Arbitrum 0x7e7a7c...f78
Audited By
- --
Code & Community
Investors
- --
- ATH
- $9.69
- Price Change (1h)
- -1.22%
- Price Change (24h)
- +8.15%
- Price Change (7d)
- -1.65%
- Market Cap
- --
- 24h Volume
- $98,019
- Circulating Supply
- --
- Max Supply
- 10,000,000
About EGP
How can I buy Eigenpie (EGP)?
Buying EGP on KuCoin is fast and simple. Create an account, verify your identity, deposit funds, and start your trading. It's that simple! See How to Buy Eigenpie (EGP) for more information. What Is Eigenpie (EGP) Crypto?
Eigenpie (EGP) is a liquid restaking protocol built on the EigenLayer network. It allows users to enhance their staking rewards by restaking Ethereum Liquid Staked Tokens (LSTs) like stETH and rETH. You deposit your LSTs and receive isolated liquid restaked tokens (LRTs), which can offer better returns while keeping your assets flexible.
The EGP token is used for governance and rewards within the Eigenpie ecosystem. It will soon be listed on several exchanges, including KuCoin, allowing users to trade it for other cryptocurrencies. Eigenpie also has a points-based airdrop system, where users earn tokens based on their staking activity.
This project is part of a growing trend in decentralized finance (DeFi) that focuses on boosting staking yields and network security on Ethereum.
How Does Eigenpie Protocol Work?
Eigenpie (EGP) allows you to increase your Ethereum staking rewards through a process called "liquid restaking." You deposit Ethereum Liquid Staked Tokens (LSTs) like stETH or rETH into Eigenpie. In return, you receive isolated liquid restaked tokens (LRTs) that are linked to the original LST, helping you earn more returns without losing control of your assets.
You can participate in staking by connecting your wallet to the Eigenpie app, selecting a staking pool, and depositing your LSTs. As your assets are staked, you also earn Eigenpie points, which can be used to claim EGP tokens in airdrops or token sales.
History of Eigenpie and EGP Coin
Eigenpie was developed by Magpie and launched in 2023. The project's Initial DEX Offering (IDO) took place across several platforms, including KuCoin, starting in mid-September 2024.
The platform has a roadmap focused on growing its ecosystem, including strategic partnerships with projects like P2P.org and Chainlink, to enhance its staking services.
What Is EGP Token Used for?
The Eigenpie (EGP) token serves two primary purposes within the Eigenpie ecosystem: governance and revenue sharing. By holding EGP tokens, you can participate in decentralized decision-making, having a say in key protocol decisions. Additionally, EGP tokens allow you to earn financial rewards, as they are tied to the platform’s revenue distribution system.
The token also encourages user engagement by offering rewards to early supporters through airdrops and incentivizing users who stake their Liquid Staked Tokens (LSTs). You earn points when you deposit LSTs, which can later be exchanged for EGP tokens or used to access various decentralized finance (DeFi) opportunities.
You can also trade Eigenpie coin against other cryptos listed on the KuCoin spot market but after you DYOR. Based on your investment goals and risk tolerance, you can buy, sell, or HODL $EGP in your portfolio.
What Is Eigenpie Tokenomics?
Eigenpie (EGP) has a total token supply of 10 million tokens. The distribution is broken down as follows:
> 40% allocated to the Initial DEX Offering (IDO)
> 35% for community incentives
> 15% goes to the Magpie Treasury
> 10% is reserved for airdrops to early supporters
Eigenpie (EGP) Price Movements ($)
Period | Change | Change (%) |
---|---|---|
Today | $0.2599 | 8.16% |
7 Days | $-0.0581 | -1.66% |
30 Days | $1.15 | 50.17% |
3 Months | $0.6325 | 22.47% |
24H Investment Barometer
- Strong Buy
- The Investment Barometer represents the current sentiment of the majority of KuCoin users. It is based on multiple indicators, and can be used as an aspect to take into consideration when planning investments.
Eigenpie Conversion Rate
FAQ
How much is 1 Eigenpie (EGP) worth?
KuCoin provides real-time USD price updates for Eigenpie (EGP). Eigenpie price is affected by supply and demand, as well as market sentiment. Use the KuCoin Calculator to obtain real-time EGP to USD exchange rates. Is Eigenpie (EGP) a Good Investment?
These features make Eigenpie a potentially appealing investment for those looking to boost their returns while supporting Ethereum's security and development:
1. Enhanced Earnings: Eigenpie allows you to increase your staking returns through "liquid restaking." You can restake Ethereum Liquid Staked Tokens (LSTs) like stETH or rETH and receive isolated liquid restaked tokens (LRTs). This enhances your earning potential without locking up your assets.
2. DeFi Opportunities: Eigenpie integrates with leading DeFi protocols, providing additional yield opportunities. By using Eigenpie, you can access new financial tools and maximize returns across various decentralized finance platforms.
3. Security and Flexibility: Eigenpie’s partnerships with top auditors like BlockSec and PeckShield ensure a secure staking experience. Additionally, the isolated liquid restaking feature helps manage risk by separating the performance of each LST.
4. Community Rewards: You can earn points by staking LSTs, which are used to claim rewards through airdrops and IDO allocations. This point system is designed to incentivize early users and increase community participation.
What Is Eigenpie Price Prediction?
Several factors influence the EGP price prediction:
1. Market Conditions: Like most cryptocurrencies, general market trends impact the Eigenpie price. Broader movements in the crypto market, especially changes in Ethereum's price, directly affect its value since EGP is tied to Ethereum's staking ecosystem.
2. Staking Activity: The amount of Ethereum or Ethereum Liquid Staked Tokens (LSTs) deposited in Eigenpie's restaking pools increases demand for EGP tokens, boosting the EGP to USD price. More staking activity typically leads to higher rewards and greater demand for EGP.
3. Adoption and Integration: Partnerships and integrations with DeFi platforms like Chainlink and P2P.org expand Eigenpie's ecosystem, increasing utility and demand for EGP tokens. These developments can attract more users and raise the EGP token price.
4. Tokenomics: EGP has a capped supply of 10 million tokens. The distribution model, with tokens allocated for community incentives, airdrops, and staking rewards, can drive scarcity, especially as more users participate in the platform, which may raise the EGP crypto price.
5. Airdrops and Rewards: Eigenpie's incentive structure, including token airdrops and reward points, helps boost engagement and demand, potentially driving the $EGP price upward.
How to Earn on Eigenpie Protocol
These mechanisms allow you to maximize returns by staying actively engaged in the Eigenpie protocol.
1. Restaking Liquid Staked Tokens (LSTs): Deposit Ethereum Liquid Staked Tokens (LSTs) like stETH or rETH into Eigenpie to receive isolated liquid restaked tokens (LRTs). This enables you to earn staking rewards on Ethereum, while simultaneously benefiting from EigenLayer's protocol incentives.
2. Earn Eigenpie Points: As you restake, you accumulate Eigenpie Points. These points can be exchanged for EGP tokens during airdrops and IDO allocations, effectively boosting your earnings the longer you participate.
3. Participate in Airdrops: Eigenpie offers regular airdrops to early participants who stake their LSTs. The more points you earn, the larger your share of the airdrop, giving you free EGP tokens based on your staking activity.
4. Referral Program: You can earn additional points by referring others to the platform. For every point your referee earns, you receive a portion, which increases your overall rewards and airdrop allocation.
What is the all-time high price of Eigenpie (EGP)?
The all-time high price of Eigenpie (EGP) is $9.6900. The current price of EGP is down 64.42% from its all-time high.
What is the all-time low price of Eigenpie (EGP)?
The all-time low price of Eigenpie (EGP) is $2.0200. The current price of EGP is up 70.64% from its all-time low.
What is the market cap of Eigenpie (EGP)?
The current market cap of EGP is $1.02M. It is calculated by multiplying the current supply of EGP by its real-time market price of $1.02M.
How do I store Eigenpie (EGP)?
You can securely store your Eigenpie in the custodial wallet on the KuCoin exchange without having to worry about managing your private keys. Other ways to store your EGP include using a self-custody wallet (on a web browser, mobile device, or desktop/laptop computer), a hardware wallet, a third-party crypto custody service, or a paper wallet.
How do I convert Eigenpie (EGP) to cash?
First, sell your EGP on KuCoin's Spot Market to obtain USDT. Then, use KuCoin's P2P services to exchange USDT for your local fiat currency. Additionally, KuCoin also offers crypto-fiat trading pairs for certain cryptocurrencies. Simply locate the supported trading pair and directly exchange your cryptocurrency for your local currency.