What is Equilibrium? Full information about Equilibrium project & $EQ . token

• Equilibrium project overview
• Basic information about the $EQ . token
• summary

Equilibrium project overview

What is the Equilibrium Project?

Equilibrium is considered a decentralized currency market using Cross-chain technology that allows users to access different DeFi products. In other words, Equilibrium is a DeFi project that allows anyone to borrow, lend, Yield Farming, create and trade Synthetic Assets. Equilibrium is built on  Polkadot 's Substrate  with plans to expand on many other blockchains.

Project highlights

Equilibrium is interoperable with other blockchains using Cross-chain technology and is built on Polkadot's Substrate. Besides, Equilibrium has fast transaction processing speed and low cost.

In addition, Equilibrium also has some other highlights:

All in one place : Equilibrium will aggregate all investment activities in decentralized finance such as Lending & Borrowing, Yield Farming on a single interface.

Highest liquidity : Equilibrium encourages investors to add Liquidity by creating high-interest liquidity pools.

Bailouts & auctions : For Lending & Borrowing activities, when the investor's loan is Margin Called , the collateral will be liquidated. Equilibrium offers Baliouts (relief packages) that protect investors' loans from being liquidated during high market volatility.

Equilibrium assets module : Equilibrium supports investors to lend, reserve synthetic assets and trade leveraged margin.

Some ways to profit from Equilibrium

Investors can earn profits through Equilibrium in the following ways:

Lending : Investors lend their assets to earn more profits.

Bailouts : Investors can deposit assets into Bailouts to maintain this bailout and will receive profits.

Borrowing : Users can borrow assets on Equilibrium to perform other investment activities such as Margin, Futures, etc.

Trade : Investors can make profits through Swap, Margin trading...

Project team, investors & partners

Equilibrium project team

Equilibrium's development team consists of many engineers with many years of experience in the field of blockchain technology as well as financial markets:

Alex Melikhov, CEO of Equilibrium : He has more than 15 years of experience in business and Fintech. Previously, Alex Melikhov also supported the development of Smart Contracts on Ethereum and EOS.

Josh Goodbody, Chief Counsel of Equilibrium : He has held various positions such as vice president at JP Morgan Asset Management and financial advisor at State Street Corporation.

Dave Askey, System Architect of Equilibrium : He used to be the CEO of investment bank Goldman Sachs.

Kyle Ellicott, Lead Strategist of Equilibrium : He is also the Co-Founder of two technology blogs called ReadWrite and Topio Networks.

Equilibrium's development team

Investors & Partners of Equilibrium

Equilibrium's partners include Polkadot, EOS, Web3 Foundation, Binance , Huobi Global , Bancor...

Equilibrium's Partner

The project has successfully raised capital from famous investment funds such as CMS Holdings, LD Capital, AU21 Capital, Inclusion Capital...

Investors of Equilibrium

Development roadmap

Q4 2020

• The project officially issued the token $EQ
• Testnet Version Release Project (MVP)
• Equilibrium conducts ETH bridge test

1st quarter of 2021

• The project adds Liquidity farming & Pooled lending features
• Project participating in the Parachain auction
• Equilibrium develops BTC bridge

2nd quarter of 2021

• Equilibrium Adds Margin, Derivatives and Synthetic Assets

Development roadmap

Basic information about the $EQ . token

What is $EQ used for?

$EQ is the official Equilibrium token, it is used to:

• Governance : Owners of this token have the right to participate in the system administration process as well as they can contribute ideas to help developers build the Equilibrium project.
• Means of payment : Token $EQ is used as transaction fee for Lending & Borrowing, Yield Farming... of Equilibrium services.
• Staking & Reward : Investors can use $EQ to provide liquidity to Equilibrium to earn more profit. In addition, $EQ is also used as a reward for Validators
• Collateral : Token $EQ used as collateral in Equilibrium

Some information about the $EQ . token

• Token Name : Equilibrium
• Ticker : EQ
• Blockchain : Polkadot
• Contract : Updating
• Total Supply : 120,000,000 $EQ
• Circulating Supply : 12,000,000 $EQ

$EQ . Token Allocation

• NUT/EQ token swap : 25%
• Treasury : 35%
• Institutional investors : 5%
• Team : 15%
• Liquidity farming : 10%
• Parachain Lease Offering (PLO) : 10%

How to Store and Own $EQ

Investors can join Equilibrium's Crowdloan to earn $EQ tokens. Currently, the project is having a program to reward 10% more $EQ tokens for investors who sign up for the waitlist ( Waitlist ).

In addition, investors can store $EQ tokens in wallets such as: Polkadot.js …

summary

Above is all information about the Equilibrium project and the $EQ token. Equilibrium is built on Polkadot's Substrate, so it inherits most of the outstanding features of this platform, such as transaction processing speed and low costs. Currently, the project is opening Crowdloan applications with an offer of 10% bonus $EQ tokens, which are expected to participate in the Parachain auction on Polkadot later this year. With the above information, hopefully you have been able to judge the potential of the project in the future to make the right investment decision for yourself.

• Equilibrium crowdloan strategy in the 3rd parachain auction
• Equilibrium wins 12th auction on Polkadot