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Equilibrium is a cross-chain money market that combines lending with the creation of synthetic assets and trade.
Project innovations
- There will be a network interaction ($ EOS, $ BTC, $ ETH, $ TRN, $ XPR, $ DOT)
- Equilibrium is built on Polkadot, so it is scalable, secure and compatible
- Maximum possible liquidity through cross-channel pooled assets
- Basic DeFi usage scenarios in the department store
- Easy user interface to manage all your actions on different platforms
- Lower minimum over-supply level of 110%
- Inbuilt DEX cross-chain
- Three-stage proactive provision of liquidity and solvency of the system
With these advanced features, Equilibrium will become an important missing link that will open up the remaining huge potential of the DeFi market. 92% of the current DeFi market is blocked on Ethereum, yet ETH is only 12% of the cryptographic currency, which leaves a huge opportunity for growth that we will make available by making DeFi compatible with other blockchains.
The EQ token will perform several functions:
- Collecting fees for DeFi applications on the network (mandatory)
- Validator Awards (mandatory)
- Provision for DeFi applications (optional)
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I thank you for reading this article!
The article is written by Julia Savitskaya and Mr. Anton Dziatkovskiy, the co-founder and CEO of Platinum Software Development Company.
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