What is wEGG?
WEGG stands for Wrapped NestEGG Coin and is simply a BEP20 token that represents the EGG Coin. One wEGG equals one EGG Coin. The EGG can be converted to WEGG and Vice Versa.
Why wEGG?
To expand further on EGGs mission, “To increase the income of our EGG holders to afford them the retirement they deserve to enjoy.” wEGG is the gateway bridge to the DEFI world.
Mission!
When EGG originally started, it was focused to on investments that involved coins in the masternode space. The masternode space has become limited in growth and earning potential. We realized that to further grow our portfolio that backs EGG and to expand earning potential for EGGvestors, we needed to expand into the DEFI Space. With DEFI now an EGGvestor has additional opportunities to earn income through DEFI opportunities like; Liquidity Providing, Farms, and Pools (more on this on page 2).
The concept of wEGG is NOT to push away from the masternode space. In fact, it will encourage masternode growth so EGGvestors can continuously earn EGG to be wrapped. The masternode space is a great concept but has limitations in function. Eventually there comes a point where growth peaks and without additional function, masternode rewards are just sent
to an exchange to be sold (Sale demand outpaces the Buy, thus leading to a declining in price).
wEGG gives those additional functions that goes along with our mission while still benefiting the masternode space
