Equation: Welcome to the DeFi Revolution
Hold on to your wallets, folks! The decentralized finance space is about to get a bit more exciting with the official launch of the Equation perpetual contract protocol on the Arbitrum Mainnet, set for October 28th at 0:00 UTC. After a whirlwind Testnet phase filled with user engagement and a heap of innovation, it’s clear that Equation is ready to shake things up. What’s more? Their smart contract has passed the rigorous audits by ABDK Consulting, so you can trade with a little less anxiety about the boogeyman lurking in the code.
The “Next Generation” Catchphrase: What Does It Mean?
You’ve probably heard every other start-up claim they’re ‘the next big thing,’ but Equation is taking it seriously. Dubbed “The Next Generation of Decentralized Perpetual Exchange,” Equation boldly offers traders and liquidity providers the ability to leverage up to a whopping 200x. Yeah, you read that right—200x. For those wondering, that’s not a typo. Just imagine, you can do this straight from your wallet! No sign-ups, no deposits, just pure decentralized bliss.
All the Cool Features: What to Expect
Trading Like Never Before
Equation isn’t just about lofty promises; it’s built on the juicy Balance Rate Market Maker (BRMM) model. It offers novel price discovery methods and supports both Market and Limit Orders. Want to keep liquidation risk low? Good news! The Maintenance Margin Rate is set at a super low 0.25%. Now you can worry less about being liquidated while you aim for the stars. When it kicks off, you’ll be able to trade ETH, BTC, SOL, ARB, OP, MATIC, AVAX, and LINK simultaneously—all at your fingertips.
Stake Your Claim
If earning USDC while you sleep sounds tempting, then you’re in the right spot. Equation enables staking EQU directly or staking EQU/ETH LP NFTs acquired from the Uniswap EQU/ETH pool. By staking, you receive veEQU, which allows you to pocket 25% of the protocol’s trading fees and even grant you governance rights. The more you stake, the better your rewards—like a game of DeFi Monopoly, but with real consequences!
Liquidity Mining: Making Your Liquidity Work Harder
Liquidity mining has never looked so good! Equation allows liquidity providers to use up to 200x leverage while contributing to pools. The expected income sources? Simple—liquidity mining rewards and a cut of the trading fees. For those feeling particularly daring, there’s even the option to contribute without leverage to the Risk Buffer Fund (RBF), ensuring your contributions are safe and sound.
Referral Mining: Sharing is Caring
As the saying goes, sharing is caring. Equation is introducing a hybrid tokenomics model that blends traditional fungible tokens (EQU) with unique non-fungible tokens (EFC). Pioneering a community-driven ecosystem, holders of the three-tiered Member, Connector, and Architect NFTs can generate referral codes and earn a share of trading fees. This isn’t just play money; it’s serious revenue potential directly from your friends’ trades!
The Underdog Token: EQU
Say hello to EQU, the native token with a fair launch mechanism that aims to set the bar higher in DeFi. With a max supply of 10 million and a daily emission of 10,000, the tokenomics are as clear as a sunny day. Most notable is that 100% of emissions arise through liquidity and referral mining. Just imagine, the more engaged the community, the better it gets for everyone involved.
Join the Equation Community
Equation stands as a beacon for innovative DeFi protocols, ensuring security and transparency at every turn. They’re currently on the lookout for ambassadors and NFT applicants to join their growing community. So if you’re intrigued, why not apply? The DeFi horizon is aglow with promise, and Equation is leading the way. Don’t let this opportunity pass you by!
