What is
An order book system is similar to what you will see on traditional centralized exchanges.
An order book system is similar to what you will see on traditional centralized exchanges. It shows buyers and sellers with amounts and the value of bids on one table.
Common questions about this topic
Start by getting a wallet (Nautilus for browser, Terminus for mobile). Back up your seed phrase securely offline. Get some ERG from a current exchange or verified venue, then make a small test transaction. After that, explore NFTs, mining, DeFi references, or the developer stack if you're a builder.
Providing liquidity on Ergo depends on the current active DEX or AMM venue. In general, you deposit equal value of two assets into a pool, receive LP tokens representing your share, and earn a portion of trading fees. Spectrum Finance is historical/frozen since February 2024, so verify the active venue, contracts, liquidity depth, and withdrawal process before depositing funds.
Ergo had no pre-mine, no ICO, no VC allocation. 100% of ERG enters circulation through mining. That removes a major insider-allocation overhang and makes governance less dependent on early investor exits. Long-term decentralization still depends on active miners, users, builders, and community participation.
MEV (Maximal Extractable Value) is profit extracted by reordering, inserting, or censoring transactions - think front-running and sandwich attacks. Ergo's eUTXO model provides structural MEV resistance: transactions reference specific boxes (UTXOs), making reordering attacks much harder. There's no shared global state to exploit like in account-based chains.