Equilibrium

Equilibrium

Created using Figma
Created using Figma
Equilibrium is introducing a cross-chain money market that combines pooled lending with synthetic asset generation and trading.
To be announced
Token Details
Ticker
EQ
Additional Details
Whitelist
Yes , from Feb 12, 2021 till Feb 26, 2021
Categories
Platform

About Equilibrium

Equilibrium's Substrate will become a Polkadot parachain that hosts a multi-purpose money market protocol, letting users to lend and borrow stablecoins and crypto assets, as well as protect system debt and earn fees in return.

The design of Equilibrium's protocol and Polkadot's underlying technology allow for the creation of the first leveraged, interoperable decentralized exchange.

Equilibrium uses novel approaches to on-chain pricing (interest rate calculation) and risk calculations (determination of overall system health), which sets Equilibrium apart from other well-known known DeFi projects in several ways:

  • There are no arbitrary governance-set interest rates. They are determined by a borrower’s portfolio, borrower debt, overall system liquidity, and the market's risks and dynamics.

  • There are no arbitrarily set LTV requirements. The system makes sure every position remains solvent at a 100% collateralization ratio.

  • There are no arbitrarily set liquidation penalties, and no hidden fees when borrowers default on their loan.

  • There are always two sides to the system, by design: lenders and bailsmen are the liquidity providers on one side, and borrowers live on the other side, paying fees to lenders and bailsmen.

Activity

Followers:
42 445
VERY HIGH
Tweets:
730
VERY HIGH
Fake Users Detected:
3.90%
30 Days Growth:
914
Members:
11 645
VERY HIGH
30 Days Growth:
-151
Year commits:
3 221
Watchers:
54
Stars:
57
Forks:
18
Open issues:
37

Equilibrium Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Alex Melikhov
CEO
unverified
Lesley Czuma
Business Development
unverified
Yves Renno
Lead Analyst
unverified
Peter Sergeev
Sr Project Manager Tech Team
unverified
Veniamin Khrapov
Tech Lead
unverified
Pablo Gabril
Backend and Blockchain Development Lead
unverified
Kyle Ellicott
Lead Strategist
unverified

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Eric Wang
Advior
unverified
Joe Petrowski Joe P...
Advior
unverified

Equilibrium Last News

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