Chikn Egg $EGG

Chikn Egg is a pioneering platform on the Avalanche network, adeptly bridging the gap between gaming, DeFi, and the Metaverse through its upgradable NFTs and dual-token economies. With its original series of 10k upgradable NFTs known as chikn that lay EGG tokens, Chikn Egg introduces a distinct dimension to the world of decentralized finance and gaming.

About EGG Token and Chikn DAO

EGG serves as the native governance and utility token that fuels all the features of the Chikn Egg ecosystem. It is key in the functioning and expansion of the platform. The governance of the ecosystem is conducted through the Chikn DAO, which manages a Treasury originally holding 10% of the total supply of $feed token, with this percentage growing over time.

Utilization of EGG Token

The EGG token is versatile in its use within the ecosystem. Users can stake their EGG tokens to earn FEED, which can then be used to grow their chikn. The EGG DAO manages a Treasury holding 10% of the total FEED supply, a number poised to increase over time. Additionally, EGG is burned employing various methods which are linked to interactions within the chikn platform and the multitude of products it offers.

Burning Methods of EGG Token

EGG is burned through numerous methods that contribute to the platform's dynamism and engagement. These methods include breakage fees, which accounts for 8.33% of all staked EGG, FEED-swaps, the chikn naming service (CNS), minting of upcoming NFT collections, upgrading future NFT series, chikn p2e & PVP games, breeding, 3rd party NFT minting, and more! Each of these features adds a unique dimension to the user experience and ecosystem functionality, making Chikn Egg a frontrunner in the confluence of DeFi, gaming, and the Metaverse.