Egg White Paper V2.7

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EGG: Entire DeFi From A Single Cross-Chain Dashboar

Mehdi Rad
med@egg.
July 11, 202

Abstract. A frictionless wallets aggregator embedding all dApps, sorted by


risk levels, would accelerate DeFi’s mainstream adoption

Decentralized Applications are multiple, varied and now spread over several
blockchains, making them less and less accessible, even for seasoned users.

We offer a solution where wallets, exchanges and yield farms nally become
one. This reunion breaks the ultimate barrier that mainstream users face
while accessing web3.

The addition of due diligence systems through machine learning increase


users’ protection by enabling scalable and ef cient ranking of trending
opportunities

1. Introductio

Traditional, centralized nance has existed for We cannot yet call this nancial architecture “open
centuries during which it evolved across trials, nance”— when new users have to pass through
errors and upgrades. It is better integrated into dif cult loops to participate — hence, the need for
modern society than any blockchain service today simpli ed interfaces
and is by far the most popular way people put their
money to work. Nonetheless, nancial operations Don’t you nd annoying that, when you have Coin
still rely on an elitist ecosystem A but you want to farm on Blockchain B (that does
not support Coin A ); you rst need to convert Coin
DeFi and Virtual currencies in general offer A to Coin B (usually on a CEX), send Coin B to
unprecedented possibilities for providing adequate your web3 wallet, switch the network and nally
solutions to this awed system. Smart contracts farm?
enable transactions to be processed securely,
instantly and with low fees. EGG (or Earn Generous Gems) is a one-stop
dashboard that does not only aggregate the best
However, DeFi existing tools remain risky and DeFi applications; it also bridges blockchains
dif cult to access, thereby keeping mainstream together and integrates at on & off ramps to
users away. Listing only the audited smart contracts offer a one-click process.
does not eliminate the risk, but it cannot be denied
that the audits carried out by recognized companies It is primordial to sort opportunities intelligently
limit the danger. EGG.FI does not only list the through massive data processing. The process
audited ones, it superimposes a layer of data-driven appears underwater for the end user so that anyone,
criteria in order to re ne the ranking. no matter his experience, can nally be able to
manage their cryptocurrencies in a fair and
Users should constantly be alerted on the potential professional manner.
risk, easily access learning about listed projects and
the blockchain itself. Such developments represent In this paper, we will describe the complete cross-
an integral part of EGG Finance’s strategy. chain nancial management solution, and its
The risks being reduced — but far from being governance model through the EGG DAO, helping
canceled — dif culty of access would become the all members to take control on decisions through a
main reason for the distance of mainstream users in transparent voting feature
the medium term
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Content

1. Introductio
2. Smart Dashboar
Cross-Chain Wallet
Track Overall Performanc
Social Pro le
3. Cross-Chain Tradin
DEXs Aggregatio
Reduced Fee
Rebalancing Slippag
Bridge
Fiat On & Off Ramp
4. Cross-Chain Yield Farmin
Farms Aggregatio
Single Asset Liquidity Minin
Concentrated Liquidit
Liquidity Stakin
Proof-Of-Stak
Annual Con rmed Yiel
5. Intelligent Data Selectio
Real-Time Alert
On Chain Portfolios Data Acquisitio
On Chain Assets Data Acquisitio
Off Chain Oracles Data Acquisitio
Turn Data Into Strategie
6. Performance Leaderboar 1
Descriptio 1
Copy Portfolio 1
7. Pro t / Risk Sharing Loan 1
DAO Lendin 1
8. EGG DA 1
9. EGG Protocol (Token 1
Governance Toke 1
Social Actions Base 1
Reduce Locking Perio 1
Yield Booste 1
Token Metric 1
10. Layer 2 Solution 1
11. Gamifying Financ 1
Learn Blockchai 1
NFT 1
Invite Friend 1
12. Competitive Benchmar 1
13. Revenue Stream 1
14. Risk 1
15. Zero-Knowledge KY 1
16. Conclusio 1
Glossar 2
Resource 22
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2. Smart Dashboar

User Experience (UX) optimization is a pillar of EGG Finance’s strategy. We apply proven methodologies
such as « Design Sprint » to convert prototypes to live products after having analyzed and interviewed
representative users in a exible agile environment.

Such methods lead to a frictionless platform that gives the insurance to attract, activate and retain a wide
range of users. EGG v1 (previously called Cocoricos) reached a 30% bounce rate and an average time on site
of +5 minutes, being amongst best metrics reached by a crypto project (cf. Alexa Rank)

Your dashboard is therefore made to stay the easiest one, continuously reducing the amount of clicks
required to reach an objective. At the same time, it enables you to reach a constant overview of what is
trending in the DeFi space at the most convenient moment

Cross-Chain Wallet
After the emergence of DeFi on Ethereum, it is continuously growing within other blockchains such as
Polygon, Avalanche or Binance Smart Chain. Our dashboard must obviously be cross-chain and thus allow
the possibility of importing wallets spread within those blockchains and upcoming ones.

To do this, we need to import a large volume of data, in order to process the maximum number of
applications and prevent you from discovering them elsewhere.

Track Overall Performanc


Tracking its overall performance allows to no longer have to process results on endless spreadsheets, and to
focus your efforts on one essential point: Performance Evaluation.

This evaluation broadly refers to the measurement, analysis, interpretation, assessment, and presentation of
investment results, such as return and risk of portfolios over speci ed periods.

Overall Portfolio’s view focuses the attention on sensitive elements and sorts them by importance

Social Pro le
Now that cross-chain wallets are connected and the overall performance tracked, users can enable their
portfolio to appear publicly so that other users can copy it, to engage a social approach around wallets

The private feature limits access to your portfolio to the users that you accepted in your network. No one else
can see it except you and members you want to accept, it will even not be listed on the leaderboard
Trading / farming on all pairs, regardless of the DEX where they are positioned would save a precious time.
We will explain in the next chapter how does EGG propose this
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3. Cross-Chain Tradin

A decentralized exchange (DEX) is a cryptocurrency exchange that operates in a decentralized way, without
a central authority.

The DEXs industry currently faces issues to stabilize asset prices. This means that the trader might end up
paying more than the actual market price of the token.

Actual DEXs are not capable of supporting a wide range of cryptocurrencies due to the lack of
interoperability and liquidity. They also lack intuitiveness and are more suitable for advanced traders

Moreover, the EGG supplies Automated Market Making services to reduce and even bene t large spreads,
with the help of arbitrage tools

DEXs Aggregatio
Integrating major decentralized exchanges from multiple blockchains is key for users to take advantage
DeFi’s best opportunities. The most famous cryptocurrencies as well as promising trending assets appearing
on new blockchains are not all in the same DeFi place. A transparent arbitrage takes place at every trade to
help users bene t from best prices

Reduced Fee
On the trading section of your pro le, the trade will automatically propose the best route, based on several
criteria, proposing cheapest prices for your selected output assets. These factors are the price of the token,
gas costs and available liquidity.
Such a method will enable notable global earnings on the long run

Rebalancing Slippag
It is important to note that no fee is retained by the EGG protocol on simple trades; users incur a small
amount of slippage during rebalancing. The cheapest route being automatically found amongst multiple
blockchains and applications, slippage is reduced to its minimum (cf. Bridges chapter below). However, a 0
to 0.1% fee is applied on advanced cross-chain trading using EGG’s routing system and a 0 to 1% fee using
Fiat On Ramps

Slippage is the difference between the expected price of a trade and the price at which the trade is executed.
This means that when there is an imbalance in the number of trade volumes, prices, sellers, and buyers, the
prices will then change to adjust to the next available price on the market. EGG becomes its own automated
market maker

During this process, the changing ratio for under-collateralized tokens in exchange for over-collateralized
tokens naturally changes the net asset value, as some of the value is either taken out or added in by the
rebalancing liquidity provider. This change in net asset value is the rebalancing slippage

Bridge
Blockchain bridges enable interoperability between vastly different networks, such as Ethereum and
Polygon, and between one parent blockchain and its child chain, called a sidechain, which either operates
under different consensus rules or inherits its security from the parent blockchain (e.g., Ethereum Rollups)

Bridges can also drastically reduce fees. By automatically nding the cheapest route, the transaction fee
being taken into account, our tools lead to a very low approach.
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We bring a solution where all the bridges are synchronized in order to allow an invisible interoperability for
the user, it is simply materialized by larger asset lists in the swappers (for trading and yield farming).

Fiat On & Off Ramp


While millions of people worldwide have already purchased and invested in cryptocurrency, the process still
can be a little challenging at rst. An intuitive and straightforward on-ramp process is essential for crypto
adoption to continue

Since direct at exchange is not a feature of many coin exchanges, and others have only on-ramp (or limited
off-ramp) capabilities, payment solutions that offer a seamless on- and off-ramp functionality are extremely
attractive for both new and existing cryptocurrency users

Here at EGG, we provide a frictionless integration of 30 Fiat Currencies as inputs for any DeFi action, such
as token swaps or yield farming

——————————————————————————————————————————

4. Cross-Chain Yield Farmin

Yield farming is inherently risky. Besides being exposed to the asset risk of holding cryptocurrencies, yield
farming generally incurs additional layers of risk that you can discover in section « 13: Risks »

However, as DeFi protocols enabling yield farming continue to grow, users will have more options to reduce
their risks by choosing mature projects with a history of success and lower fees by using alternative
blockchains

Farms Aggregatio
The solution is to connect secure Farms, Bridges and DEXs spread over multiple blockchains within a single
interface. We also need to sort these protocols in order to present only the most robust yield farming
opportunities to clients to limit due diligence and potential risks

See section « 5. Intelligent Data Selection » to understand methods used bu EGG to lter presented data

Single Asset Liquidity Minin


To provide liquidity in pools on Uniswap (Ethereum-based) or Quickswap (Polygon-based), one has to
prepare a 50/50 provision of 2 tokens in advance, that adds friction to the whole process

On EGG.FI, one can deposit a single asset that automatically gets split 50/50 before depositing into DEXs.
The program checks which token is more in demand in the liquidity pool so that we can ensure the provision
maximizes your share of the pool.

An example below would be that you're zapping into the USDC/ETH LP in Uniswap with ETH. The Zapper
will swap 50% of your ETH into USDC and then deposit the 2 tokens into Uniswap so one can become a
liquidity provider earning market-making fees and potentially LP rewards

Bridges play a crucial role in yield farming with a view to reducing fees and frictions.
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Adding liquidity through EGG becomes much easier than adding liquidity manually. Zap features can also be
applied to « Concentrated Liquidity » that we explain below

Concentrated Liquidit
When providing liquidity to a Uniswap market, liquidity providers are able to select a range where their
liquidity will take effect. Now the liquidity can be concentrated in a smaller area that allows for higher
volume trades with less slippage since everyone's liquidity no longer needs to be stretched all along the price
curve

EGG is embedding this feature within the Zapper, so that it can enable a single asset provision across price
ranges and nally allowing unequal proportions between the 2 assets of a pair, when it was mandatory to be
limited to a 50/50 proportion in the previous DEXs era.

Liquidity Stakin
For a liquidity provider, you are now doubly incentivized to maintain your LP token, because you are not
only earning the trading fees, you are also earning rewards on top of that in the form of reward tokens.
Rewarding projects bene t from the increased liquidity maintenance and slippage reduction, that can in turn
increase trading activity

Proof-Of-Stak
Staking is the process of actively participating in transaction validation (similar to mining) on a proof-of-
stake (PoS) blockchain. On these blockchains, anyone with a minimum-required balance of a speci c
cryptocurrency can validate transactions and earn Staking rewards
Secure, Non-Custodial Staking EGG helps users compound cryptocurrency investments through secure
staking. We connect you to the best-in-class validators that offer high-uptime, secure staking with advanced
monitoring & support

LP and Staking Rewarding farms are added on EGG.FI and ranked by ACY (Annual Con rmed Yield) thanks
to data acquisition from nal wallets

Annual Con rmed Yiel


Choosing between the various farms is a dif cult decision to make. The EGG dashboard becomes useful in
analyzing and comparing how other users are making their farming decisions
The traditional de nition of APY is the real rate of return earned on an investment taking into account the
effect of compounding earnings

Using this terminology would indicate that the yield farm was compounding earnings for you. That is simply
not the case. It is hard to estimate the returns of yield farming even in a short term period. As many factors
could contribute to these uncertainties, some of the reasons include the volatile uctuations in yield farming
and the relentless competition.
So, if one of the yield farming strategies is overpopulated, naturally, the returns will dwindle

A more applicable terminology to use would be ACY (annual con rmed yield), meaning the annual yield
earned, whose reception actually reached the user's wallet, that gives a more appropriate ranking on most
rewarding opportunities. The reward that is calculated is pegged in USD

The tools developed by EGG Finance make it possible to prove that the gains promised by our partners were
generated directly in the portfolios of the users and update the returns according to this evidence and in real
time
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5. Intelligent Data Selectio

We synchronize dozens of data sources, themselves bringing together millions of data, whether on-chain,
social, news, off chain APIs, or even on site metrics.
EGG puts pre-modeled and labeled blockchain data in the hands of communities. Through dashboard and
visualization tools, as well as auto-generated API endpoints, queries can easily be added to the algorithm

In contrast to traditional data sources (e.g., centrally controlled corporate databases), blockchains by design
provide several bene ts that are important for Data Science applications

• High data quality: All new records go through a rigorous, blockchain-speci c validation process
powered by one of the many “consensus mechanisms”. Once validated and approved, these records
become immutable — no one can modify them for any purposes, good or malicious ones. Blockchain
data are typically well structured and their schemas are well documented. This makes the life of a
Data Scientist who works with such data much easier and more predictable

• Traceability: Blockchain records contain all the information necessary to track their origin and
context, e.g., which address initiated a transaction, time when it happened, the amount of asset
transferred, and which address received that asset. Moreover, most of the public blockchains have
“explorers” — websites where anyone can examine any record that has ever been generated on the
respective blockchain (see, for example, the Bitcoin, Ethereum, and Ripple explorers)

• Built-in anonymity: Blockchains do not require their users to provide any personal information,
which is important in a world where keeping one’s privacy has become a real issue. From a Data
Scientist’s perspective, this helps to overcome the headaches associated with some of the regulations
(e.g., GDPR in Europe) that require personal data to be anonymised before processing

• Large data volumes: Many Machine Learning algorithms require large amounts of data to train
models. This is not a problem in mature blockchains, that offer gigabytes of data

Leveraging a proprietary knowledge graph able to draw inferences from data points, EGG created a multi-
disciplinary platform that extracts insights and delivers products and services tailored to a number of speci c
industries. The code base, sources and methodologies are meant to be open-source and publicly available.
They also meet all compliance requirements for traditional nancial applications

EGG combines both on-chain & off-chain data acquisition treating a constantly growing database containing
millions of wallets. Over 150M+ labeled wallets are analyzed as well as their activity. Decentralization,
trusted nodes, premium data, and cryptographic proofs are used to connect highly accurate and real-world
data/APIs to any smart contract

Separating the signal from the noise in blockchain data becomes child’s play. Our research spectrum is
expanding on Ethereum and other smart contracts compatible blockchains

Real-Time Alert
Smart alerts notify you when a speci c event occurs - putting you in the know before anyone else. For
example, a price alert appears when a whale has done a token trade or movement into or out of a contract
over a speci ed size.

We make sure that you are noti ed on the second by multiplying the means of transmission. Alerts can either
be in the form of a browser / mobile push noti cation, an on-site alert, an email, a call or an SMS
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On Chain Portfolios Data Acquisitio


EGG’s portfolio analytics solution provides support for multi-asset portfolio construction and backtesting,
quantitative performance and risk analysis of the portfolio and its components, measurement of performance
against benchmark and calculation of investment risk indicators, analysis of stress events, drawdowns and
value-at-risk, visualization of risk metrics and the ef cient frontier, evaluation of sector allocation,
correlations and decomposition of portfolio risk, optimization of the portfolio with prede ned mean-variance
strategies.

EGG has used on-chain data to nd speci c patterns of activity that would give us a competitive edge when
presenting digital assets. The mantra our team followed was simple and humble: Wallets with money know
more than we do.

In doing so, we set out to nd the wallets that seemed to be moving the markets. Although we could not
detect the trades that were occurring behind the scenes of centralized exchanges like Binance, Poloniex or
Kraken for speci c wallets, we could detect the wallets that were depositing and withdrawing the most value

Exchange ows analysis are based on monitoring funds moving in and out of centralized exchanges by
analyzing on-chain transactions. This process requires to associate speci c addresses with exchanges and
then accurately monitor the ows. Trying to do this in a manual way is highly inaccurate and unsustainable
over time.

We follow a machine learning approach with some human interventions and the rst wave of results seem
robust. Models having best results are applied into EGG’s main data selection algorithm

For example, we were able to identify all of the largest depositors on exchanges and follow where they were
originating their funds

We started to understand the ow of value and the personas of trading activity behind the wallets. In doing
so, we have successfully been able to target opportunities that would otherwise go unnoticed. Some of them
were to create models linking one or more wallets to the same entity, allowing to have a more global view of
the winning activities.

By design, the identity of blockchain address owners is usually unknown. However, being able to categorize
certain addresses into prede ned groups or, better yet, link them to real-world entities can be of great value.
This is especially true for addresses involved in illicit activities, such as money laundering, distribution of
drugs, ransomware, Ponzi schemes, human traf cking, and even terrorism nancing. The problem of address
categorization has been successfully tackled with supervised learning in several studies that developed either
binary classi ers or multi-class classi ers (e.g., “exchange”, “pool”, “gambling”, and “service” addresses)

The respective models have been developed using on-chain data and a variety of standard Machine Learning
algorithms. Interestingly, in contrast to the cryptocurrency price forecasting studies, tree-based methods (in
particular, Random Forest) have often outperformed Deep Learning-based algorithms. These will therefore
be part of our solutions

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On Chain Assets Data Acquisitio


Cross-chain analytics is presented the right way. EGG gives you the tools to nd signals that may otherwise
be unknown. Our combination of multi-chain data and labeled addresses is incredibly powerful.

The tools we combine give an overall snapshot of moving funds. For further details, you can trace
transactions down to the most granular level. We track exchanges, token teams, and funds, which means you
can see exactly which entities are accumulating - or selling off - a speci c token. Token metrics on usage,
engagement, and liquidity are available so you can make informed decisions before investing in a new token.

Price analysis is the ongoing process of cryptocurrency traders and analysts nding patterns in the market to
determine optimal trading strategies and gauge market sentiment for the cryptocurrency market at large or
for speci c assets.

The two main indicators that are sought after are whether or not the market is bullish with upward-trending
price action or bearish with downward pressure on price. Price analysis techniques vary and are often used in
unison to provide as detailed a perspective of market conditions as possible

The majority of published studies attempted to predict the future price of Bitcoin or Ethereum, either in
absolute terms or as price direction (up or down). This has been done with algorithms ranging from simple
logistic regression to XGBoost and Deep Learning-based methods

Model inputs typically included a combination of on-chain (e.g., number of active addresses, transaction
volume, mining dif culty, transaction graph metrics) and off-chain variables (e.g., trading volumes on
exchanges). Overall, neural networks (in particular, those with LSTM-based architectures) have been found
to outperform tree-based algorithms, although the accuracy of prediction even in the best-performing models
was only marginally higher than a random guess

EGG’s asset metrics include network data metrics and certain market data metrics that are aggregated at the
asset-level (e.g., reference rates/prices and trusted Volume), as well as on the wallet-level

Off Chain Oracles Data Acquisitio


Ethereum’s smart contracts are completely self-contained and any data or access to off-chain data is limited.
For security purposes, this is necessary because execution in blockchains must be deterministic and the
reaction to subsequent calls to outside APIs can change in unknown ways. Nevertheless, with additional
outside data, some desirable forms of smart contracts are only feasible

An Oracle is a conceptual solution that takes off-chain information from the real world and submits an
immutable copy of this information into blocks, making it open for future use of smart contracts.

Chainlink teams brainstormed with us to integrate oracles into the programs set up by EGG.

Turn Data Into Strategie


As of today, there is no such thing as on-chain high-frequency trading. The best that can be afforded is
network coverage and a highly reputed node that listens and broadcasts information to different networks.
Pre-block rendering of transactions and annotations are key components to the future of decentralized
nance and trading

Currently, almost all trade is done between the top Cryptocurrency Exchanges. At EGG, we are extending it
to any of the centralized or decentralized exchanges carrying assets that can be collateralized. Because these
signals are public knowledge, anyone can verify the activity. Therefore, the determining factor in
maximizing pro tability is the delta between the point the signal is issued and the speed of the response
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6. Performance Leaderboar

The Performance Leaderboard is the rst of its kind, that will start by a free product and that will become a
major part of EGG’s business plan, helping the DAO generate revenues

EGG Finance contains a permission-less, unstoppable protocol for asset management assets from major DeFi
compatible blockchains. It is non-custodial: users retain ownership over their funds, investment managers
cannot run away with investor funds

Descriptio
This new, wallets leaderboard approach to investing is designed to help users diversify their portfolios,
minimize long-term risk, and take advantage of trending market opportunities.
Wallets are separated by blockchains and can be combined to nd top performers taking into account all
blockchains, the EGG community is also a category. Each portfolio is periodically re-ranked amongst
millions in order to get the most out of the feature. EGG Finance traces the routes of single user’s multiple
wallets to de ne a portfolio .eth address

Copy Portfolio
It is important to note that each « Copy Portfolio » action activates multiple trades but is counted as a single
trade. Each trade will open for you with the same proportional amount, as a percentage of your allocated
funds

You will be able to explore top performers’ wallets and copy their portfolios, that will purchase assets from a
single token, in proportion of your balance. New activities of the copied portfolios will alert you so that you
can con rm to proceed to the transaction copying the targeted wallet’s activity

EGG Finance is a one-stop location for managing investment activities on major blockchains where you can
put your capital to work in different strategies based on a transparent track record

————————————————————————————————————————

7. Pro t / Risk Sharing Loan

Pro t sharing loans have proven to be an effective tool to balance companies equity while at the same time
allowing for the possibility to deduct variable interest based on the evolution of borrower’s business.

Required criteria include the borrower’s pro t, its turnover, its net equity or any other agreed by the parties
through a fully decentralized manner. Besides, the parties can agree to a xed interest rate, regardless of the
borrower’s activity evolution

Debts generated through smart contracts like Aave or Compound are easily trackable on your EGG
dashboard. However, lending becomes problematic when the lender's gain is assumed to be the borrower's
loss, we therefore focus the attention on loans where pro t and risks are shared between both parts
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DAO Lendin
The solution is a borrow / lend bidirectional platform where the borrower has to post a business plan in order
to convince lenders through smart contract voting

When the amount to be raised reaches 100%, the funds are released for the project leader, who can release
more funds by posting proof of success of the next milestones, which must once again be validated by the
community through voting.

We synchronize 4 smart contacts to enable such an experience, willing to take place on AirDAO, a project
built by EGG teams

——————————————————————————————————————————

8. EGG DA

A DAO rst has to have some internal property, tokens that can be spent by the organization or used to
reward certain activities within it. Secondly, while participating in a DAO, users get voting rights and
subsequently the ability to in uence the way it operates

The EGG protocol is governed and upgraded by EGG token-holders. The Voting smart contract allows the
community to propose, vote, and implement changes through the administrative functions of the EGG token.
Proposals can modify system parameters, support new markets, or add entirely new functionality to the
protocol

Voting corresponds to locking your EGG for the duration of the poll, the weight of your vote corresponds to
your proportion of EGG in the overall poll
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9. EGG Protocol (Token)

There are a variety of actors across EGG’s protocol matrix. i.e liquidity providers/ takers, staking protocols,
developers and community contributors for airdrops etc.

We believe that the most viable for an open nance platform is with EGG being the transactions tokens in the
network and serving the role of providing utility and acting as a proxy to govern the protocols and accrue the
network effect of the EGG platform.

The token economics is to encourage positive feedback loops and facilitate sustainable and long-term
incentive alignments. EGG is platform utility token that enable protocol governance, fee payment, staking
and incentives.

EGG will facilitate the following functions:

Governance Token

EGG acts as a voting vehicle within the ecosystem and community engagement. Governance also allows
EGG holders to dictate the EGG's protocol and EGG's token primitive, i.e to modify, expand and govern key
features of EGG protocol matrix and expand EGG's own utility.
However, fully decentralized on-chain governance takes time and it is a gradual process, we believe it’s’
important to nd the protocol market t before taking massive leap towards fully decentralizing governance.
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Social Actions Based


Advertisers willing to promote on the platform reward EGG users for promoting their projects while
protecting privacy. EGG connects advertisers, publishers, and users and is denominated by relevant user
activity, while removing social and economic costs associated with existing ad networks, e.g., fraud, privacy
violations, and malvertising

EGG can be utilized as a rewarding token within the full EGG.FI ecosystem and beyond, for actions like
af liation, quizzes, airdrops or bug bounties

Reduce Locking Period


EGG can be used to cash out your staked assets before the of cial locking period. For e.g. Ethereum staking
rewards can only be withdrawn in 2022, while EGG proposes a faster unbound period that is calculated from
ETH variation, APY and the time locked

Yield Booster
EGG is used as an over-incentivizing token on some farming opportunities to help you multiply yield and
raise brand awareness. This can help new crypto businesses facilitate the promotion of their tokens, and help
EGG DAO bene t from major crypto businesses promotion

Token Metric

• Token Name EGG Protoco


• Total Supply 76 000 000 EG
• Max Supply 86 000 000 EG
• Tokens to Burn 10 000 000 EG
• Airdrop Rewards 8 000 000 EG
• Team 6 000 000 EG

ET

• Token Type ERC20


• Total Supply 60 000 000 EG
• Max Supply 70 000 000 EG
• Contract 0xd0983dd6a0334c71d0478255d1f794508026b88

BS

• Token Typ BEP2


• Total Suppl 16 000 000 EG
• Contract 0x0564E2DA1E26192a185E48a73Fb1C1e6Ad7a1a2

POLYGO

• In Progress
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10. Layer 2 Solution

Gas fees on the Ethereum blockchain may have dropped, but that has not stopped an increasing number of
decentralized nance (DeFi) users and developers from ocking to layer 2 solutions: ZKrollups and Polygon

Recently, EGG opted to launch on the BSC as well as implementing L2 and allow its tokens to be ported to
another project — Polygon Network (MATIC).

Users are incentivized to do this because it allows them to earn interest. Now, with an EGG on Matic, users
can also trade and farm ERC20 or BEP20 tokens. With Polygon, transactions can be performed at higher
speeds and at a lower cost than on Ethereum’s network. While EGG may have moved to Matic, the roles and
the original EGG will still remain intact on Layer-1.

Polygon is actually powered by an Ethereum L2 scaling Plasma framework. The framework combines
cryptographic veri cation and smart contracts, that enables cheaper and faster transactions than Ethereum
itself can offer.

This is achieved by having the transactions of oaded to sidechains or plasma chains, thus reducing the load
on Ethereum

————————————————————————————————————————

11. Gamifying Financ

"Gami cation" does not mean turning the banking or insurance app (or part of it) into an actual game
(although it could be), but rather leveraging speci c gameplay principles, design elements and mechanisms
in another industry (i.e. in a non-game context), in this case the nancial services industry

The gaming industry deploys already for years speci c techniques, which are well-documented in the
behavioral psychology, to make games more fun, more engaging, more rewarding and even more addictive.
This is usually done by stimulating the primal motives of curiosity, scarcity and accomplishment

Concretely this means that features like points, scoreboards or leaderboards, objectives (via missions,
challenges or quests), levels or milestones, ratings and rankings, badges, avatars, team mates, performance
graphs, progress bars, storytelling are integrated in the user ows of a banking or insurance app

These activate user emotions and allow to increase the engagement and motivation of the end-user and to
change certain behavior of this end-user. In short they convert a boring activity into a fun one

Learn Blockchai
Acquire virtual currencies in a fun and low risk way, by watching videos and testing your knowledge.
Watch Videos, Learn about top & emerging crypto projects, Complete Quiz, Put your newfound knowledge
to the test, Earn Crypto, Get rewarded in the crypto you learned about!
Several assets can be earned this way, EGG has partnered with trusted & emerging projects to offer an easy
way to learn about cryptocurrency, earning virtual currencies as a reward

Every new feature will be part of the pro le long-term onboarding that is gami ed in a way where each new
step gives EGG rewards. We make learning an earning opportunity
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Airdrops represent a central part in crypto projects promotion. EGG.FI is one of the main airdrops platforms,
having reached a total amount of 9M+ completed tasks and participated to major companies promotions, to
quote a few

• OKE
• Stella
• Uniswap
• Ledge
• Polonie
• Chili
• Trust Walle
• Swissbor
• 1Inc
• Bithum

The giveaways company Skyrush puts in the hands of EGG.FI its system enabling several types of draws
like « Random », « Competition », « Random amongst X Top scorers » or simple « Twitter giveaways »

NFT
Fungible tokens such as Bitcoin are not unique, meaning one Bitcoin has exactly the same value as another.
A non-fungible token is something totally unique and if swapped with another NFT, will be fundamentally
different. An NFT acts as a non-duplicable digital certi cate of ownership representing a speci c digital
asset.

EGG will set up NFT Farming to allow NFT holders to be incentivized by blocking them, which helps to
increase their added value

The NFTs will also see the light of day in the "Aidrops" part which is a specialty of EGG teams, in order to
allow new artists NFTs or collections to give NFTs which can also take the form of competitions. The
Skyrush.io platform is a partner in this project.

Invite Friend
We appeal to Af liate marketing as an advertising model in which the EGG DAO compensates EGG holders
to generate traf c. The commission fee incentivizes to complete several actions to promote the EGG.
The Internet has increased the prominence of af liate marketing. E-Commerce websites popularized the
practice by creating af liate marketing programs whereby websites and bloggers put links to the E-
Commerce page for a reviewed or discussed product to receive advertising fees when a purchase is made. In
this sense, we propose this pay-for-performance marketing program where the act of selling is outsourced
across a vast network.

Firms typically pay per sale and less frequently by click or impression. As technology evolves, it is becoming
increasingly easier for fraudsters to generate multiple clicks and impressions via software.

EGG proposes 2 levels of af liation, rewarding you and your af liates for building your own network that
will be linked to the main EGG network
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16 | 22

12. Competitive Benchmar

Apeboard Phantom Debank EGG Zapper Zerion

Supported 0 Own web3 Metamask 3 10 5


web3 Wallets wallet
Supported ETH, BSC, SOL ETH, BSC, ETH, BSC, ETH, BTC, ETH, BSC,
Blockchains TERRA, SOL, xDAI, MATIC, MATIC, BSC, MATIC MATIC, BTC
MATIC, FTM, OKEX, AVAX, SOL
TERRA, HECO
BINANCE
Supported 93 3 228 120 85 All
Protocols

Supported 21 2 28 19 23 26
DEXs

Supported 1 1 2 1 9 6
languages

Fiat On & O ✗ ✗ ✗ ✔ ✗ ✗
Ramps

Liquidity Zap ✗ ✗ ✗ ✔ ✔ ✔

Staking ✗ ✗ ✗ ✔ ✗ ✗
Performance ✗ ✗ ✗ ✔ ✗ ✗
Leaderboard

DAO ✔ ✗ ✔ ✔ ✗ ✗
Governance

NFTs ✗ ✔ ✗ ✔ ✗ ✗
Gami ed ✗ ✗ ✗ ✔ ✗ ✗
Platform

Mobile App ✗ ✗ ✗ ✗ ✔ ✔

Browser ✗ ✔ ✗ ✗ ✗ ✗
Extension
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17 | 22

13. Revenue Stream

• Crypto Trading Fees: 0


• Multi-Chain Trading Fees: 0% to 0.1
• Rebalancing Slippage: 0% to 0.1%
• Fiat On Ramp Trading Fees: 0% to 1
• Fiat Off Ramp Trading Fees: 0% to 1

• Crypto Yield Farming Fees: 0


• Fiat On Ramp Yield Farming Fees: 0% to 1
• Fiat Off Ramp Yield Farming Fees: 0% to 1
• Staking Fees: 7.9% of Staking Reward

• Multi-Chain Leaderboard: Basic (0$ /m), Advanced (49$ /m), Pro (499$/m)
• Wallets Explorer: Basic (0$ /m), Advanced (4.5$ /m), Pro (9$/m)
• Pro Wallets Management: Basic (9$ /m), Advanced (29$ /m), Pro (89$/m)
• Data Analytics Tool: 749$/

• Pro Wallets Listings: 2.25$ (CPM)


• Pro Yield Farm Listings: 1.75$ (CPM
• Pro Assets Listings: 1.75$ (CPM
• Pro Quiz Listings: 240
• Pro Airdrops Listings: Regular (100$), Exclusive (200$)

——————————————————————————————————————————

14. Risk

There are certain factors that should be considered before participating to any DeFi application. These risk
factors are linked to the companies, their activities, sectors of activity and structures. These risk factors
include in particular (in a non-exhaustive manner and in no order of materiality):

• Smart contract risk: because you are surrendering your funds to a smart contract, you take on the risk
that these contracts might be exploited, whether it is from attackers, or the team itself

• Risk of depreciation in price of the underlying asset: if the tokens you stake fall in value, the yield
obtained might not make up for it

• Impermanent Loss risk: While some farms offer single asset staking, Certain farms also require users
to stake Liquidity Provider (LP) tokens, which expose the user to Impermanent Loss. This occurs
when there is a divergence in the percentage price change between the two assets

• Competitive landscape: DeFi is a competitive market, with ever-increasing competition which may
lead to lower pro t margins. The ntech industry that provides nancial and technological services to
companies or individuals is characterized by intense competition. There may be new entrants in this
market, and new or existing competitors may have greater nancial resources, better personnel, better
history and market recognition
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• Employee misconduct: Businesses run the risk of employee misconduct that could include requiring
the employer to engage in transactions that exceed authorized limits or present unacceptable risks, or
hiding unauthorized or unsuccessful transactions from the employer, either of which may result in
unknown or unmanaged risks or losses. Employee misconduct could also involve misuse of
con dential information, which could result in regulatory sanctions and serious reputation damage.

• Operating risks: Operational risk is the risk of damage resulting from inadequate or failed internal
processes, employees and technologies or from external in uences. This de nition includes legal and
reputation risks. In the company's understanding, operational risk also includes compliance risk,
outsourcing risk, dilution risk and fraud risk.

• Litigation or Disputes: Businesses may be involved in disputes with different parties involved. Such
litigation may result in legal, administrative and other protests and lawsuits, which may damage the
the company's reputation, result in additional operating costs and divert management's resources and
attention from its core business activities

—————————————————————————————————————————

15. Zero-Knowledge KY

The main idea is to decentralize the world and KYC is seen as a burden. With the no-KYC process, anybody
can trade on DEXs without any identi cation. However, adding a KYC is a major friction for early adopters
to participate.

KYC is essential to allow institutions to participate in trading, as most of them are regulated entities. Without
bringing them on, it is dif cult to reach mainstream adoption of DEX trading.
Our solution is a Decentralized KYC, that is a way of using cryptographic proof instead of actual user’s data
to verify that the participant is not sanctioned by Anti Money Laundering or involved in other nancial
crimes

Since blockchain is using a 'proof of identity', the user’s personal data always remains only with the user in
his own wallet. This means that the data is not given out to any third parties and users are in full control of
their data – limiting the risk of data leaks or hacks.

KYC will be needed for users whose trades will exceed a certain limit. The exact limits will be enforced by
the upcoming regulations. Users will store their KYC data in a wallet and expose it to their preferred KYC
attester like Fractal. The chosen attester will issue a cryptographic proof to the blockchain. EGG will
therefore receive a zero-knowledge proof of identity

Hence user data is exposed only for the veri cation process and remains in the user's wallet the rest of the
time
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16. Conclusio

DeFi still is a niche market with huge potential within the nancial industry. Some shortcomings are still
present that will be resolved with aggregation and security tools

DeFi also has interesting properties in terms of mainstream interest, ef ciency, transparency, accessibility,
and composability. As such, EGG is contributing to a more robust and transparent nancial infrastructure,
that will enable anyone access modern payment methods

We are here to offer these solutions to every actor of the nancial sector including banks, hedge funds,
insurances as it would do with retail investors and DeFi pro users
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Glossar

Aggregators: Web applications that automatically collect related content and/or data from many online
sources

AML: Anti money laundering seeks to deter criminals by making it harder for them to hide ill-gotten money

AMM: Automated market makers allow digital assets to be traded without permission and automatically by
using liquidity pools instead of a traditional market of buyers and sellers

Arbitrage: The practice of taking advantage of a price difference between two or more market

Arti cial Intelligence: Simulation of human intelligence in machines that are programmed to think like
humans and mimic their actions

Bounce Rate: An Internet marketing term used in web traf c analysis. It represents the percentage of
visitors who enter the site and then leave rather than continuing to view other pages within the same site

Bridges: Connection that allows the transfer of tokens and/or arbitrary data from one chain to another

CEX: Centralized exchanges are a type of cryptocurrency exchange that is operated by a company that owns
it in a centralized manner

Compounding: The addition of interest to the principal sum of a loan or deposit, or in other words, interest
on interest.

Cross-Chain: Interoperability between two relatively independent blockchains

DAO: A Decentralized Autonomous Organization is an organization represented by rules programmed on a


smart contract that is transparent, controlled by its members and not in uenced by a central authority.

Dapp: Decentralized applications that run on a blockchain instead of a single computer

Data Science: Field of study that combines domain expertise, programming, and knowledge of mathematics
and statistics to extract meaningful insights from data

Deep Learning: Arti cial intelligence (AI) function that imitates the workings of the human brain in
processing data and creating patterns for use in decision making.

DeFi: Decentralized nance is a blockchain-based form of nance that does not rely on central nancial
intermediaries such as brokerages, exchanges, or banks to offer traditional nancial instruments, and instead
utilizes smart contracts on blockchains.

DEX: Type of exchange that allows for direct peer-to-peer transactions to take place online securely and
without the need for an intermediary

Fiat On Ramp: A platform that allows you to convert at money, like US dollars, to a cryptocurrency like
Bitcoin.

Fiat Off Ramp: The opposite of on-ramps. They are a way to convert your cryptocurrency into at, or
possibly products and service

Gami cation: The application of typical elements of game playing to other areas of activity

Isolation Forest: Isolation Forest is an outlier detection technique that identi es anomalies instead of normal
observations. Similarly to Random Forest, it is built on an ensemble of binary (isolation) trees

K-means Clustering: A method of vector quantization, originally from signal processing, that aims to
partition n observations into k clusters in which each observation belongs to the cluster with the nearest
mean, serving as a prototype of the cluster
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KYC: A process that identi es a customer's customer activities and nature

Layer 2: Collective term for solutions designed to help scale your applications by handling transactions off
the Layer 1 chain (such as Ethereum)

Leaderboard: A scoreboard showing the names and current scores of the leading competitors in a
competitive event

Liquidity Mining: The act of providing liquidity via cryptocurrencies to decentralized exchanges and being
rewarded for doing so.

Liquidity Staking: The process of staking the liquidity you add to a DEX to increase earnings

LSTM-based architectures: Long Short-Term Memory Neural Networks automatically infer model
transformations from sets of input-output model pairs

Machine Learning: A method of data analysis that automates analytical model building

Mahalanobis distance-based labelling: An effective multivariate distance metric that measures the distance
between a point and a distribution. It is an extremely useful metric having, excellent applications in
multivariate anomaly detection, classi cation on highly imbalanced datasets and one-class classi cation

Multi-Chain: A blockchain or platform or a that operates through multiple blockchains

Proof-Of-Stake: Process of actively participating in transaction validation (similar to mining) on a proof-of-


stake (PoS) blockchain.

Side Chain: A secondary blockchain connected to the main blockchain with a two-way peg

Slippage: The difference between the expected price of a trade and the price at which the trade is executed

Smart Contracts: Self-executing contract with the terms of the agreement between buyer and seller being
directly written into lines of code.

Staking: Staking is the act of locking cryptocurrencies and being rewarded for doing so

Tree-Based Algorithms: Algorithms that empower predictive models with high accuracy, stability and ease
of interpretation.

Over Collateralization: The provision of collateral that is worth more than enough to cover potential losses
in cases of default.

Under Collateralization: The amount by which the outstanding principal balance of all Insured Obligations
relating to such transaction exceeds the outstanding principal balance of the collateral securing all such
Insured Obligations

UX: User Experience is how a user interacts with and experiences a product, system or service. It includes a
person's perceptions of utility, ease of use, and ef ciency

Web3: Refers to decentralized apps that run on the blockchain. These are apps that allow anyone to
participate without monetizing their personal data, generally using a web3 wallet installed on a browser.

Web3 Wallet: Browser wallet that allows you to interact with web 3.0 applications, that are mostly referred
to decentralized applications that require users to con rm transactions directly from the browser.

XGBoost: An optimized distributed gradient boosting library designed to be highly ef cient, exible and
portable.

Yield Farming: The practice of staking, mining liquidity or lending crypto assets in order to generate
rewards in the form of additional cryptocurrency.

Zapper: A solution that enables a single token entry while mining liquidit
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Zero-Knownledge Proofs: A method by which one party can prove to another party that they know a value
x, without conveying any information apart from the fact that they know the value x

ZKRollups: Zero knowledge rollups type of layer 2 construction that runs on top of the EVM-compatible
blockchains to improve scalability

——————————————————————————————————————————

Resource

Website
Team
Github
Telegram
Email
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