$0.00000120
- Market Cap$4,103.658
- 24 Hour Trading Vol0
- Fully Diluted Valuation$14,398.8
- Circulating Supply3,420,000,000
- Total Supply12,000,000,000
- Max Supply12,000,000,000
- Equilibrium Price$0.00000120
- Trading Volume$0
- Market Cap$4,103.658
Loading...
Use Cases
Liquidity and Deposits
Before any of the planned features can be used by Equilibrium users, liquidity has to exist within the parachain. On Equilibrium, there are two main routes to bring liquidity into the system:
Users whose EQ tokens are vested can claim them and put them to work as collateral or bailout liquidity. At the moment, EQ token borrowing and lending aren’t available. If you want to act as a borrower/lender/bailsman in Equilibrium, you can deposit other crypto assets into our parachain through various Polkadot bridges.Borrowing
Equilibrium lets you borrow assets in a collateralized way. Instead of separate per-asset debt “positions,” Equilibrium looks at your assets and liabilities as a single full portfolio.
If the total value of your assets is higher than the value of your liabilities, you’re considered safe and won’t be liquidated. Liquidation is essentially a balance reset in which all assets and liabilities are moved to the bailsmen pool.
The interest rate you pay is based on your portfolio risk and the collateralization levels described in the Interest Rate Model section. Interest is paid in EQ tokens. If your EQ token holdings are not large enough to cover the interest, the protocol will automatically sell collateral to pay the interest charges-so ensure you maintain adequate EQ liquidity to reduce avoidable exchanges.
Lending
You can lend assets on Equilibrium and earn interest. The main advantage is that lenders shift liquidation risk to the bailsmen: if borrowers fail to repay, lenders recover their assets from the bailsmen pool, while bailsmen receive the liquidated collateral instead.
Bailing out
Bailsmen supply liquidity ahead of time to cover borrower liquidations. When a borrower defaults, their collateral and debt are allocated to bailsmen on a pro-rata basis. Bailsmen can only end up with negative balances (liabilities) as a result of borrower liquidation. In addition, a bailsman can’t stop being one unless they settle every liability they have been assigned.
Baislmen are the guardians of the system. Their role is to keep it solvent continuously, and they receive interest rewards for taking on liquidation risk. Of the interest rate collected from borrowers, 80% is paid to bailsmen. The remaining 20% is retained in the treasury and used as a third line of defense if bailsmen become undercapitalized.
Margin trading
Our interoperable DeFi platform enables leveraged margin trades up to 100%.
| Exchange | Pair | Last Price | Change (24H) | High (24h) | Low (24h) | Spread | Volume (24h) |
|---|
