Equilibrium | EQ finance is a pioneering financial platform that is revolutionizing the world of decentralized finance. The company's slogan "Put your LSTs to work! Use LSTs to get EQD stablecoins instantly with EQ finance" embodies its innovative approach. Equilibrium has identified a significant opportunity within the DeFi market by recognizing that currently, 90% of the Defi market is locked on Ethereum, despite Ethereum only comprising 12% of the overall crypto market. This immense market potential remains largely untapped, and Equilibrium aims to unlock the full potential of DeFi.
One of the key factors that set Equilibrium apart is its utilization of Polkadot’s advanced substrate technology to create its own blockchain, enabling it to extend its DeFi product line to a one-stop cross-chain money market. This approach aims to eliminate market segmentation, offering users a convenient platform to fulfill all their DeFi needs in one place. Equilibrium integrates decentralized liquidity pools, facilitates cross-chain lending with built-in synthetic assets, and provides advanced price discovery and bailout mechanics to ensure maximum liquidity.
Furthermore, Equilibrium enables users to trade multiple crypto assets on its native decentralized exchange and offers a user-friendly interface to manage assets across multiple blockchain protocols without requiring separate logins. This streamlined approach enhances accessibility and usability for participants in the DeFi space, addressing a key pain point within the market.
The recent $2.50M Venture Round investment on 08 April 2021 brought in significant support from prominent investors including AU21 Capital, CMS Holdings, FBG Capital, Hypersphere Ventures, KR1, Signum Capital, LD Capital, DFG Capital, Pnyx Ventures, and OKX Ventures. This substantial investment underscores the confidence and enthusiasm within the investment community for Equilibrium's innovative vision and the potential impact it holds within the rapidly evolving DeFi landscape. With a strong foundation and solid backing, Equilibrium is well-positioned to continue driving forward its mission to redefine and optimize decentralized finance.
For in-depth insights, readers are encouraged to explore Equilibrium’s White Paper available at equilibrium.io/docs/Equilibrium_WP_101.pdf. Additionally, a visit to the Equilibrium website at equilibrium.io and its Github page at github.com/equilibrium-eosdt/equilibrium-substrate-chain will provide a comprehensive understanding of the company's innovative offerings and future potential.
No recent news or press coverage available for Equilibrium | EQ finance.