Pendle Wars is becoming hotter and hotter with the participation of many different projects and Equilibria Finance is the leading project. So what is Equilibria Finance? Join Weakhand to learn why Equilibria Finance leads Pendle Wars.
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What is Equilibria Finance?
Overview of Equilibria Finance
Equilibria Finance is a project led by a DeFi OG team with many years of industry experience with the goal of building a customized and optimized platform for Pendle Finance. PENDLE token holders and Liquidity Providers will be the direct beneficiaries of Equilibria Finance’s platform.
Equilibria Finance leverages a yield model enhanced by Pendle Finance using veToken to provide enhanced yields to participants providing liquidity and additional rewards to holders of ePENDLE, a project-sponsored version of vePENDLE release.
Equilibria Finance’s operating mechanism
Equilibria Finance’s operating mechanism includes the following steps:
- Step 1: Users bring PENDLE to Equilibria Finance’s platform to convert to ePENDLE.
- Step 2: The project will reward ePENDLE holders in xEQB and yeild rewards will be paid in ETH.
- Bwish 3: Users bring ePENDLE to DEX platforms to provide liquidity and receive trading fees.
- Step 4: To get rid of their ePENDLE position, users just need to swap to PENDLE on DEXs.
Highlights of Equilibria Finance
Key highlights centered around user engagement with Equilibria Finance:
- Benefits for LP holders on Pendle: Enhances the profitability of liquidity providers on Pendle even if they do not own vePENDLE.
- Benefits for PENDLE holders: PENDLE holders can convert to vePENDLE and receive xEQB rewards as well as ETH rewards from protocol revenue and bribes.
vlEQB is also a highlight of Equilibria Finance as it is the governance token of the protocol. To own this token, users only need to lock EQB for up to 52 weeks. If in the future Equilibria Finance becomes the protocol that owns the most PENDLE, vlEQB holders will have great control over Pendle Finance.
Development Roadmap
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Core Team
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Investor
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Tokenomics
Overview of EQB tokens
- Token Name: Equilibria Finance
- Ticker: EQB
- Blockchain: Arbitrum
- Contract: 0xbfbcfe8873fe28dfa25f1099282b088d52bbad9c
- Token classification: ERC-20
- Total supply: 100,000,000
Token allocation
- Pendle LP incentives: 45%
- Airdrop: 2%
- Incentives: 2%
- Liquidity Mining: 10%
- Treasury: 14.5%
- Team/ Advisors: 16.5%
- Pre-sale Investors: 2.5%
- IDO: 7.5%
Token release
All EQB tokens will be unlocked gradually over a period of 4 years.
Token usecase
EQB tokens will be used for the following main purposes:
- Administration: Users use the EQB key to receive vlEQB and participate in project management activities.
- Incentive: The project will use rewards in the form of xEQB to attract liquidity as well as PENDLE holders to lock tokens into the platform.
Project Information Channels
- Website: https://equilibria.fi/home
- Twitter: https://twitter.com/Equilibriafi
- Telegram: https://t.me/EquilibriaFinance
- Discord:
Summary
It can be seen that the answer to Equilibria Finance’s leading position is that the project is using a very reasonable tokenomics, thereby attracting more PENDLE keys to its platform than other projects. Above is what everyone needs to know to understand what Equilibria Finance is. Weakhand hopes that through this article, everyone will have predictions about the project in the future.
