Frequently Asked Questions
What is the EGO Protocol project?
EGO Protocol is a decentralized platform that aims to create a sustainable and efficient energy landscape by utilizing blockchain technology.
What problem does EGO Protocol solve?
EGO Protocol aims to address the increasing demand for energy and the environmental harm caused by traditional energy sources by promoting the adoption of sustainable, renewable energy sources like solar energy.
What is the EGO Token?
The EGO Token is an ERC-20 token used for fundraising purposes and will be live first on the Binance Smart Chain. Once the EGO blockchain is launched, the EGO Token will be converted into EGO Coin, the primary currency for all transactions within the EGO Protocol ecosystem.
How can I acquire EGO Tokens?
You can acquire EGO Tokens during the Public Sale, which will have three phases with different starting prices and total supplies. After the public sale, you can also trade EGO Tokens on decentralized exchanges like Binance DEX and more.
How does the EGO Protocol reward system work?
The EGO Protocol reward system incentivizes the generation of energy from solar systems rather than the consumption of energy. Validators will receive EGO Coins for generating solar energy and validating transactions in the platform (Proof of Energy Generation).
How can I get involved in the EGO Protocol community?
You can join the EGO Protocol community by following our social media channels, participating in governance decisions, and contributing to the development of the project.
How will EGO Protocol ensure token price stability?
EGO Protocol will regularly organize burning programs that remove tokens from circulation, thus reducing the total supply and helping to stabilize the token price.