How does the EGT gauge affect the performance of digital currencies in DeFi?

1 answers

• Apr 30, 2022 · 3 years ago
  At BYDFi, we closely monitor the EGT gauge and its impact on the performance of digital currencies in DeFi. The EGT gauge serves as an important indicator of the overall health and efficiency of the DeFi ecosystem. When the gauge is high, we observe increased transaction costs and slower transaction times, which can negatively affect user experience and adoption. Conversely, when the gauge is low, we see lower transaction costs and faster transaction times, leading to improved efficiency and user satisfaction. By understanding and leveraging the insights provided by the EGT gauge, we can optimize our strategies and ensure the best possible performance for digital currencies in DeFi.
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