Goose Finance (EGG) is a second-generation yield farming mechanism that allows perpetual price increase with a sustainable and profitable farming yield and a timelock contract. It launched in February 2021.
Goose Finance is trying to solve the issue of significant market fluctuations in decentralized finance (DeFi) caused by users entering and exiting it with large sums of money. The unique burning mechanism works as follows: all of the farms take 4% burn when users stake. Of that, 3% is used to purchase the Golden Egg token which is then sent to the lottery pool and 1% is used to continue the development of the platform.
To prevent the issue of rug pulling, Goose Finance has removed migrator code, as inherited from PancakeSwap, and timelock was applied at launch.