ERG is the native coin of Ergo. EFYT (Ergo First Year Token) is a WAVES token pre-issued before the launch of the Ergo mainnet, used for early airdrops and minor fundraising. Its total supply is 1,970,945 (equivalent to the ERG block rewards the team receives in its first year), with 1,155,853 currently in circulation. EFYT will be swapped 1:1 for ERG via WAVES at the mainnet launch.
