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Ergo Overview
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About Ergo
The ERG token, as the native cryptocurrency of the Ergo platform, is primarily used for transaction fees within the network, much like Ether in the Ethereum network. In addition to this, Ergo allows users to write and execute smart contracts, which can be used for a wide range of financial applications such as DeFi (Decentralized Finance). This means ERG tokens can be used to participate in DeFi applications, such as lending and borrowing, yield farming, and other decentralized applications built on the Ergo platform. Ergo also introduces a new form of Proof-of-Work consensus algorithm called "Autolykos", designed to be more ASIC-resistant and secure, which miners use ERG for rewards. The ERG token facilitates all these functionalities within the Ergo ecosystem.
EFYT (Ergo First Year Tokens) served the dual purposes of helping to build an early community of stake holders and enthusiasts for Ergo and of raising a small amount of funds for the platform before launch to fund development, promotion etc. EFYT is strictly a Waves token and is not the same as an ERG, which is the Ergo mainnet native token mined after Ergo’s mainnet launch.
EFYT were swapped with a fraction of the ERG mined within the first 1 year post mainnet launch (July 1st 2019)
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Learn About Ergo
MANA Crypt Yields Explained for Risk-Aware DeFi Users
Decentraland (MANA) liquidity pools keep advertising triple-digit APYs, but those numbers rarely survive contact with real math. This breakdown runs the actual returns on providing MANA liquidity across Curve and Uniswap, layers in gas fees, impermanent loss, and reward-token dilution, and finds the breakeven point where passive single-sided staking on Aave beats active farming. The short version: because MANA trades on Ethereum mainnet, fixed gas costs eat small depositors alive, the breakeven position runs into the thousands of dollars, and impermanent loss is a certainty rather than a risk on a token this volatile. Move to an L2 like Arbitrum or Base and the crossover point drops sharply. For anyone under roughly ten thousand dollars without L2 access, the math says buy and hold rather than farm. Those triple-digit APYs at the top are a sell signal.
Crypto News NavigatorMay 23, 2026PancakeSwap Review After Three Years of DEX Dominance
PancakeSwap (CAKE) is the native token of the largest decentralized exchange on BNB Chain, now operating across ten chains. Launched in September 2020 as a fork of Uniswap, PancakeSwap has reached a $516 million market cap and remains a top-tier DEX three years into the multi-chain era. This PancakeSwap review breaks down what the protocol did right, where it falls short against Uniswap, and whether its current $1.60 CAKE price reflects the billions in cumulative trading volume the platform settles. The April 28 Osaka/Mendel hard fork pushes BNB Chain toward 20,000 TPS, and the 35th quarterly BNB burn just removed over $1 billion in supply, both reinforcing the deflationary narrative around the broader BSC ecosystem. Whether CAKE breaks above $1.70 or stays a high-beta proxy for BSC memecoin speculation depends on whether new cross-chain incentive programs convert one-time farmers into sticky liquidity.
Crypto News NavigatorMay 17, 2026Why Ethereum Developers Built RocketPool Before Anyone Else Did
RocketPool's initial whitepaper didn't come out until 2018. The Beacon Chain had yet to be created, the merge was still years off, and for most developers the idea of staking was still very much in the future. But if you look at the earliest RocketPool announcements to come out of its GitHub repos the story is a little different: A small team was already writing smart contracts for permissionless node operation months before the 32 ETH deposit contract went live.
Crypto News NavigatorApr 25, 2026Often Discussed Alongside Ergo
Tokens that appear with Ergo in our academy articles.
Ergo Market Data
The live Ergo price today is $0.22 USD with a 24-hour trading volume of $67,484.48 USD. We update our ERG to USD price in real-time. Ergo is down 2.54% in the last 24 hours.
The current market cap is $18,476,032.02 USD, ranking #534 by market capitalization. The circulating supply is 83,227,194 ERG out of a max supply of 97,739,925 ERG.