2️⃣Tokenomics

Key facts

The Egoras Foundation approved the creation of the official project governance token, $EGAX, with a total supply of 10 million. The token was deployed on Egochain.

Egochain adopts a dual-currency model comprising the Egochain Coin ($EGAX) and the Egochain Stablecoin; EgoDollar ($EGOD).

The main goal of the Egochain dual-currency economic model is to put the power in the hands of the community, mainly by giving participants full ownership of what product they own, how they approach commerce and last but not the least, through their blockchain-carbon credit reward.

Read on to learn more about these tokens and how they help shape the Egochain ecosystem.