What is
The idea that the Ergo community, through collaborative efforts and contributions, can collectively advance the platform's development and success.
The idea that the Ergo community, through collaborative efforts and contributions, can collectively advance the platform's development and success.
Common questions about this topic
Ergo supports a full ecosystem: trade on Spectrum DEX, use SigmaUSD stablecoin, mix transactions with ErgoMixer, collect NFTs on SkyHarbor, mine with GPUs, lend/borrow on DuckPools, bridge to other chains via Rosen, and build dApps with ErgoScript. It's a complete platform for decentralized finance and applications.
Storage rent is Ergo's solution to state bloat. Boxes (UTXOs) that remain unspent for 4+ years can have a small fee deducted by miners. This incentivizes cleaning up unused state, provides long-term miner revenue after emission ends, and keeps the blockchain sustainable. Lost coins eventually return to circulation instead of being locked forever.
Ergo is designed for 100+ year sustainability through three pillars: Autolykos mining (fair, ASIC-resistant), NiPoPoWs (efficient light clients), and storage rent (prevents bloat, funds miners). Unlike chains that depend on infinite growth, Ergo's economics work even with stable or declining usage.
Building DeFi on Ergo starts with understanding the eUTXO model and ErgoScript. Unlike account-based chains, Ergo's box model provides deterministic execution, no MEV by design, and predictable gas costs. Use Oracle Pools for price feeds, and leverage existing patterns from Spectrum Finance and SigmaUSD.