Egoras

About Egoras

Egoras microfinance protocol provides uncollateralised micro-credit to small entrepreneurs and enterprises who cannot take shelter of banks for banking and other services. EGS is a decentralized cryptocurrency stabilized against the value of the US dollar, it uses egoras loan governance to respond to changing market conditions and preserve its value against the US dollar. Unlike other popular stablecoins whose value is backed directly by USD, it’s backed by crypto collaterals.