What is
A denomination of Ether (ETH), equal to one billion (1,000,000,000) wei.
A denomination of Ether (ETH), equal to one billion (1,000,000,000) wei. Used to price gas fees on Ethereum.
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.
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.
eUTXO (Extended Unspent Transaction Output) is Ergo's smart contract model that extends Bitcoin's UTXO with programmable logic. Each 'box' contains ERG, tokens, data registers, and a guarding script. Transactions consume boxes and create new ones, enabling deterministic execution, parallel processing, and no reentrancy attacks.
Ergo offers structural advantages for DeFi: no MEV extraction, deterministic gas costs, and no reentrancy attacks due to eUTXO. Ethereum has larger ecosystem and liquidity. Choose Ergo for security-critical applications, fair trading, and predictable costs. Choose Ethereum for maximum composability with existing protocols.