📑$EGAX Coin
The total supply of Egochain coin is fixed at 10,000,000 $EGAX (Ten million) to stimulate scarcity, with the release of tokens coming in vested phases and will be fully vested in 20 years.
$EGAX Coin as the native utility token for the Egochain blockchain plays a vital role in the Egochain ecosystem.
The coin holder will be able to use $EGAX to unlock access to Egochain suite, settle transactions on the Egochain network, and participate in the voting process.
On-chain, Egochain coin will also be used to mint $EGOD which will enable users to acquire Egoras physical product, and also allowing the user to have a fractional ownership of the tokenised product.
They can also or alternatively stake their $EGAX with validators in order to contribute to securing the Egochain network.
$EGAX can be and will be listed on centralised and decentralised exchanges and traded freely amongst community members.
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