Auto EGG Seafood Pool

Stake EGG, earn EGG!

You've now got two delicious flavors of EGG-EGG Seafood Pool to choose from: Auto-compounding, and Manual. Read on to learn more!

What’s the difference between the “Auto EGG Pool” and the “Manual EGG Pool”?

With both pools, you can simply stake your EGG tokens to earn more EGG tokens.

But there are some differences:

Manual EGG

• You need to harvest or compound (reinvest) your EGG by yourself. That means returning to the site, tapping buttons, and using a bit of UTG for transaction fees.

• Interest is displayed as APR, which doesn’t include compounding.

Auto EGG

• Stake your EGG and forget about it! The EGG you stake in this Seafood Pool will be automatically compounded (reinvested) for you, minus a small fee.

• The “automatic” compounding function is triggered by other users who get a small bounty for triggering it.

• Interest is displayed as APY, which includes compounding.

• A small performance fee is subtracted from your earnings each time the pool is automatically compounded. See below.

• An unstaking fee applies when you unstake within 3 days of manually staking. See below.

What are the fees for the Auto EGG Seafood Pool?

Deposit fee

• None

Unstaking fee

• 0.1%
 if you unstake (withdraw) within 72 hours.

• Only applies within 3 days of manually staking.

• After 3 days, you can unstake with no fee.

• The 3-day timer resets every time you manually stake more EGG in the pool.

• This fee only applies to manual unstaking: it does not apply to automatic compounding.

Performance fee

• 2%, subtracted automatically from each yield harvest.

• For example, if the harvest was 1 EGG, then 0.02 EGG would be subtracted as the performance fee.

The EGG collected via the unstaking fee and performance fee is burned every week as part of the regular EGG token burns.

This is a good thing for EGG holders because it reduces the overall amount of EGG tokens in existence, which helps reduce inflation.

What's the best way to use the Auto EGG Seafood Pool?

Simple: stake your EGG, but only withdraw after 72 hours (if you need to). This way you only pay the performance fee, and not the unstaking fee.

What’s the Auto EGG bounty?

Auto EGG Bounty: 0.05% of all Auto EGG pool users’ pending production

This bounty is given as a reward for providing a service to other users.

Whenever you successfully claim the bounty, you’re also helping out by activating the Auto EGG Pool’s compounding function for everyone.

Make sure the amount of EGG you receive will be greater than the UTG fees you’ll spend to submit the blockchain transaction!