Equalizer What is that? Equalizer a decentralized exchange (DEX) built on the Fantom blockchain. So Equalizer what’s the difference? Let’s Weakhand let’s find out.
To understand more about Equalizer Please read the articles below:
- Operating mechanism: Uniswap – From challenger to unique position
- What is Pancakeswap (CAKE)? Pancakeswap Cryptocurrency Overview
Equalizer What is that?
Overview of Equalizer
Equalizer is a decentralized exchange (DEX) built on the Fantom Blockchain. Equalizer Exchange offers fast processing speed, low costs and security. Equalizer Exchange uses the same AMM (Automated Market Maker) mechanism as UniSwap.
Equalizer Exchange allows users to: Provide liquidity through FRC-20 token pairs into the Liquidity Pool, using Curve’s Solidly and veToken models on smart contracts.
Equalizer provides features
- Swap: Equalizer Exchange allows users to trade FRC-20 tokens smoothly with very low slippage.
- Yield Farming: Equalizer Exchange allows users to participate in providing liquidity into asset Pools for trading, in return LPs (Liquidity Pools) will receive a portion of the reward in EQUAL from the fee of each transaction using the Pool that property.
- Vest: Users who stake EQUAL tokens will receive veEQUAL, veEQUAL is used to vote. The more EQUAL tokens users stake, the more veEQUAL they receive to participate in voting and receive rewards.
- Vote: Users create veEQUAL NFTs by vesting EQUAL. Use NFT veEQUAL to vote weekly for liquidity pools and receive a portion of the trading fees from those liquidity pools.
Development Roadmap
Update…
Core Team
Update…
Investor
Updating
Tokenomics
Information about EQUAL token
- Token name: Equalizer DEX
- Ticker: EQUAL
- Blockchain: Fantom
- Contract: 0x3fd3a0c85b70754efc07ac9ac0cbbdce664865a6
- Total supply: 2,500,000 EQUAL
EQUAL Token Allocation
- Airdrop: 20%
- Marketing: 25%
- Treasury: 15%
- Team: 15%
- Initial Liquidity Incentive: 25%
EQUAL Token Release
EQUAL The token is locked as veEQUAL and is locked for a maximum of 26 weeks.
During the first 4 weeks: distributes 625,000 $veEQUAL to pairs providing liquidity through MasterChef staking contracts.
EQUAL Token Use Case
- Reward liquidity providers.
- Stake EQUAL tokens will receive veEQUAL for voting.
EQUAL token Exchange
Users can trade EQUAL tokens on exchanges: Beethoven X, Equalizer, SkullSwap, SpookySwap.
EQUAL Project Information Channel
- Website: https://equalizer.exchange/swap
- Twitter: https://twitter.com/Equalizer0x
- Discord: https://discord.gg/6ubHeztmYV
- Medium:
Summary
Hopefully this article provides the necessary information about the Equalizer project and the EQUAL token.
Personally, I feel that the project does not receive much investment from the development team, the Whitepage is written on gitbook poorly and does not have much information for readers.