General
Beginner
What is
Seed Phrase?
A 12-24 word recovery phrase that can restore your entire wallet and all its funds.
A seed phrase (mnemonic) is a human-readable backup of your wallet's master private key. These 12-24 words can regenerate all your addresses and keys. Anyone with your seed phrase has full control of your funds - never share it, never store it digitally, and keep multiple physical backups.
Key Points
- 12-24 words generated when creating wallet
- Can restore entire wallet on any device
- NEVER share with anyone
- NEVER store digitally (no photos, cloud)
- Write on paper, store in multiple locations
- Consider metal backup for fire/water protection
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Frequently Asked Questions
Questions about Seed Phrase
Common questions about this topic
How to get started with Ergo?
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.
How-to
Getting Started
How to provide liquidity on Ergo?
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.
How-to
DeFi
Is Ergo a good investment?
This is not financial advice. Ergo has strong fundamentals: fair launch (no VC dump risk), innovative technology (eUTXO, Sigma Protocols, NiPoPoWs), active development, and a cypherpunk ethos. It's a smaller market cap project with higher risk/reward than established chains. Research thoroughly, understand the technology, and never invest more than you can afford to lose.
Comparison
Getting Started
What is the best wallet for Ergo?
Nautilus is the most popular Ergo wallet - a browser extension supporting all Ergo features including tokens, NFTs, and dApp connections. For mobile, use Terminus. For maximum security, pair Nautilus with a Ledger hardware wallet. Always backup your seed phrase offline.
Explainer
Getting Started