🥚EGGS

EGGS is a brand new asset issued by TurtSat, which needs to be acquired by staking $TURT. EGGS can be redeemed for the whitelist of the Launch project. As the Turtsat platform grows in the future, EGGS will be used in more scenarios. Including but not limited to: project launch voting, direct exchange for cooperative token gift packs, etc.

EGGS Revenue Formula

After a user completes a $TURT staking, $TURT Pool will record the number of staked tokens and the staking time (Block Confirmation Time / Network Confirmation Time) of the corresponding address in real time, and will calculate and release the EGGS proceeds in real time through the following proceeds formula:

Token Quantity * Stake Duration * Current Coefficient (not a fixed value, dynamically adjusted by the platform)

Coefficient for the first period: 0.0000001