We are pleased to announce our next AMA on May 24th, 2022 at 01:00 PM UTC Time: Satoshi Club x Equlibrium
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Equlibrium Telegram channel
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Equlibrium Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Equlibrium
For more details:
Equlibrium Website – equilibrium.io
Equlibrium Telegram – @equilibrium_eosdt_official
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
I saw on your website that right now, people can join Equilibrium’s public offering waitlist, can you tell us more about this process and about the public offering overall? What do I need to do to join this waitlist and how much time do we have to still join it? Speaking of the public offering itself, can you give us more details about it? Where will this Public Offering take place and when? Can users from any part of the world participate in it? And will KYC be needed to participate? What will the allocation of this public offering be? Also, how much of the total token supply will be available and at what initial price?
I learnt that the registration for whitelisting is presently taking place on the Equilibrium platform.my question goes this way, most a user have the polkadot wallet and Republic account before he will be eligible to be whitelisted? Could you share with us when the whitelisting will take place? Will a user have to go through some form of KYC before he will be whitelisted? In addition, it was statedon your Website that whitelist investors will get access to the Republic token offering 48 hours prior to general investors.Could you provide more information about that?
I read that Genshiro, Equilibrium’s first product, which is a DeFi one-stop shop on Kusama that can do all things that existing DeFi primitives do, but with less risk and cross-chain is live now. So, with that being said, can you give us more details about Genshiro? What exact actions can be perform with this product? What makes it possible for Equilibrium and Genshiro to provide services that have less risks and cross-chain availability? Most importantly, what do users need to do if they want to start using Genshiro and how secure is the platform for them and their funds?
It caught my attention while reading Equilibrium’s whitepaper that the Staking system of the platform is said to be very interesing as it’s introduces as mechanism of “risk-free staking”, that also provide extra rewards with its smart contracts to users. So, with that in mind, can you give us more information about this Staking system? How does it exactly work? How is it possible for this staking system to be risk-free? What provides that feature to it? Also, how is it possible for users to receive more rewards thanks to the smart contracts in it? As a final doubt, what do users need to do if they want to use your risk-free staking system?
Hello, Equilibrium’s Team!
I saw on your Medium articles that a few days ago, you successfully launched your On-Chain Orderbook DEX On Genshiro. Could you please give us more information about this On-Chain Orderbook DEX? What advanced features have been included in it that whe should be excited about? With the launch of this product, what trading pairs has been open and which ones will be included in the future? Also, speaking of this, can users help you decide which pairs will be getting included progressively? Lastly, I would like to know if you could tell us more about what kind of incentives will you give to liquidity providers and what mechanisms have you implemented on the platform for it? Thanks.
Hello, the Equilibrium team.
As I understand it, only participants who pass KYC and meet the requirements of their place of residence will be able to participate in the public offer of $EQ. However, you position yourself as a DEFI 2.0 project. Don’t you think that the authentication system of your project contradicts the very philosophy of crypto – providing unlimited access to finance to anyone, and besides this returns the problem that DEFI 1.0 sought to solve – anonymization of users and interaction of contracts directly with the wallet, bypassing the CEX exchange?
I understand that in order for the platform to function and allow for valid transactions to be carried out across different products, Equilibrium will rely on EQ token holders to play active roles. Can you describe in summary the roles $EQ token holders are expected to play? Will the EQ required to participate in the network vary depending on the activity being performed if yes, why is it so? What are the privileges and incentives $EQ token holders Can get? What is the minimum duration of time a user needs to stake his token to earn rewards and can a player unstake his $EQ before the staking period elapses?
Hello, the Equilibrium team.
As I understand from the description of the functionality of the $EQ token, those users who provide liquidity to the protocol will have the opportunity to farm and receive the $EQ token as a reward. Usually, in most DEFI projects, this method of farming ultimately drops the price of the native protocol token and holders who buy it from the market and block and stake incur enormous losses. This is due to the fact that those who provide liquidity simply pour all their rewards into a glass. How do you plan to avoid such a situation and try to ensure the growth of the native token?
Hello, Equilibrium’s Team!
When I was reading about the project, I saw that there are three different roles users can take on the system, which are; traders, lenders, and bailsmen. What caught my eye here was the bailsmen’s role since is something I’ve never heard of before, so, could you please give us more details about what a Bailsmen is and what role do they fullfil on Equilibrium’s correct development? How can someone become a Bailsmen, what requirements do they need to meet and how can someone apply for this role? What do they need to do while performing this role? How is a bailsmen important on the platform? What benefits can Bailsmen receive from their job on Equilibrium? Thanks.
Hello, the Equilibrium team.
I am not an active user and admirer of PolkaDot, but I understand that your platform solves the problem with the blocked liquidity of DOT tokens for users. They receive xDOT and can also use them in the future. As far as I know, the blocking period is a couple of years, in crypto this is a long period, what will happen to the blocked dots if your project has to be closed during this time for some reason? How can you guarantee that the user will be able to recover their assets?
One of Equilibrium systems that work today is its system of staking pool that allows users to earn interest on their $EOS, $EOSDT and $NUT tokens,and you also mentioned that the pattern of staking to earn passive income is quite different from usual form of staking.So can you tell us the features attached to your staking pool that will increase users interest?Is there any required amount to stake $EOS,$EOSDT and $NUT?And I will like to know the interest % earn like the APY/APR,have you also decided on that?Please explain thanks
Hello Equilibrium team.
While researching about your project, I saw that the whitelist records were open. First, I created my Republic account. Then I signed up for the whitelist. I first registered for position 4084. However, after doing a few missions, I realized that I was advancing to position 2678. Do I have a chance to further my position? I want to know if I have a chance with this position. If I have a chance, what awaits me in the next process? Could you give details about the continuation of the process?
Thanks.
Equilibrium is a one-stop DeFi platform on Polkadot that allows for high leverage in trading and borrowing digital assets. What types of digital assets can be traded or borrowed?It combines a full-fledged money market with an orderbook-based DEX. EQ is the native token that is used for communal governance of Equilibrium.Can you expaciate on some of the used cases of the EQ token?.xDOT is a liquid and tradeable wrapped DOT that unlocks liquidity of DOT locked in parachain auctions and delivers multiple crowdloan bonuses on Polkadot. Can you expaciate on the values of xDOT and how it works?What’s the time frame to lock and unlock DOT? thanks
I understand that users may lend assets in Equilibrium and earn interest for doing so. The beauty of lending assets via Equilibrium comes from the fact that lenders transfer the liquidation risk to the bailsmen. And also, when borrowers default, lenders get their assets back from the bailsman pool. Can you elaborate on the EQUILIBRIUM lending features and it’s interest rates? Can you tell us about the Bailsman pool? How does it work to improve the security of investor’s assets? What are the processes involved in getting back lender’s assets? What happens to the borrowers when they default?
One of the users role in Equilibrium is Bailmen,this Bailsmen provide liquidity in advance to cover for borrower liquidations and this Bailsmen are also the keepers of the system.So I wanted to ask,are this Bailmen trustworthy in securing loans?How do Bailsmen mitigate the risk of liquidation?Can anyone apply to be a Bailsman in Equilibrium,if yes what are the requirements?What could happen if a Bailsman is not meeting up to his requirements are there some kind of punishment given in this case?And is there a fixed amount distributed to this Bailsmen when a borrower defaults on their loans with the borrower’s collateral handy?Please explain more on your Bailsmen.Thanks
The entire Equilibrium team is elated to have DFG on board to create an even brighter future for DeFi and Web3 together.As an industry builder with diversified investments for blockchain, Web3, NFT, CeFi, DeFi, Polkadot ecosystem projects, and more, DFG believes in ‘laying out the foundation of blockchain and Web3.0.So what major solutions will DFG provide in the Equilibrium blockchain and how will this empower their growth? What kind of ideas will they add to Equilibrium to make it soar higher than it’s competitors in the industry? kindly explain.
Hello Equilibrium team.
Investors and supporters are of great importance for the success of a project. I see that your project has many important supporters. You have backers like KR1, Block Dream Fund, Signum Capital, CMS, Fibig Capital, GBV, CDI, DFG, PNYX, Taureon, BRC, Crasolum, Au21Capital, Signal Ventures, Hypersphere, YBB, Inclusion Capital. How have these backers contributed to you? How much funds have you collected from your backers so far? Do you have any new partnerships and collaborations that you plan to announce?
Thanks.
On Equilibrium medium page , one of the valuable strategic investor, Digital Finance Group (DFG) was introduced, which is a prominent investment fund leading a revolution by ‘Empowering Blockchain & Web 3.0’ projects and startups to excel remarkably.Can you tell us the extent of your partnership and the milestone you have achieved so far? Does Equilibrium have plans of partnering with other Finance Group, if yes can you tell us about them? Lastly, Can you share with us the inspiration behind the creation of the equilibrium? What advice do you have for interested investors who want to be part of the revolution?
Focusing on some current issues of the liquidations markets includes Fragmentation of DeFi space, missing of cross chain composability, the Problem of Liquidations in distressed Markets. Can you briefly explain on how equilibrium aims to resolve my three aforementioned issues of the liquidations Markets? What are some of the measures put in place in order to avoid/ completely limit the issues of Liquidations which is lingering in the Liquidations Markets? How does equilibrium plans to limit the resolve the issue of cross chain composability?
The governance for Equilibrium will be driven by an on-chain process and will make use of the Democracy and Council pallets.Some of the main components of this governance model include Councils,Referendum and Voting.So what are the special voting rights Councils have within your system and how can one become part of a Council member or is it limited?Can all members of the Equilibrium community have a say when a Referendum is initiated since Referendum proposal have to do with change in the system?And for Voting aspect you said users will vote base stake-weighted basis.Can you please tell us what you mean by stake-weighted basis?Thanks
talking about Equilibrium cross-chain engine for liquidity pool Equilibrium consists of a Substrate-based engine on the Polkadot network and smart contractson bridged blockchains that act as non-custodial liquidity pools.Can you elaborate more on Equilibrium cross chain liquidity pool and how it works to solve issues of Liquidations in liquidations markets? I also noted that Equilibrium aims to resolve Fragmentation by offering one stop shop to meet the demands. Can you elaborate more on the one stop shop and how it will help solve issues of Fragmentation withi liquidations Markets?
Cross-chain communications
In case there are no functional bridges in the Polkadot ecosystem when Equilibrium launches iits DeFi substrate, you aim to build your own solution by creating your own bridge.
Can you elaborate more on Functional Bridges Which equilibrium aims to create and how it would work to resolve issues of cross chain communication within the Liquidation markets? can you share on some special featuresof the equilibrium Functional Bridge which will gives it advantage’s over other traditional Functional bridges?
In an effort to continue expansion in the DeFi space, you announced new partnership with REPUBLIC CRYPTO. Republic crypto is a private investing platform for investors looking into startups with great potential, they are responsible for raising large amount of capital and work with big name players. Can you drive us through the basis of your partnership with republic crypto? How has your partnership with this platform expand/elevate equilibrium in DeFi journey? Since they are an investing platform for investors, how have they invested into equilibrium to push further into DeFi space? Can you share further details regarding the partnership and other partnerships you have and are planning to have and how equilibrium is or will be elevated in DeFi journey?
I learnt that you have an AMBASSADOR PROGRAM with increase in prize pool as well as increase in winners, reward pool is 185,000 GENS instead of 35,000 Previously and winners to be selected will be 160 instead of 100 users previously. With so much interest,can you please explain the rules and requirements involve to be a participant? How can we apply for the program? I learnt there will be task to be carried out before participating, can you explain what kind of task we will have to carry out? How will the team calculate the points of the task? Also how will the token be distributed among winners? Is there deadline for application? Please tell us more about your ambassador program. Thank you
I learnt that you are hiring for individuals that are passionate about technology and building the future of DeFi interactions. So can you tell us the vacancies currently available? If we see ourselves fit for these positions, how can we reach out or apply for the post? Are there regional restrictions for who may apply? Are these vacancies still open? Kindly state the requirements involve to be part of your team in building the future of DeFi?
On the website, Equilibrium is self defined as DeFi 2.0 platform with high leverage. The concept of Defi 2.0 called my attention. What are the improvements of the 2.0 version of Defi when compared with the original? What weak points of Defi were addressed and solved in the ecosystem of Equilibrium? Also, what are the features of High leverage? Is this function meant to be factible for small investors as well?
eq is the main token of equilibrium’s platform. as a platform with many functions, what are the different earning opportunities i may have as an $eq holder? what would be the different ways of gaining revenues passively, and actively? and also, as a holder, what are the tokenomics of eq that would bring confidence in investors to have it for a long time in their portfolios?
Keeping the community’s trust depends on how many INCENTIVES you offer them, thus can you tell me what appealing incomes you offer to keep your community loyal to your purpose and vision?
One of Equilibrium’s characteristics is “highest possible liquidity,” therefore how does Equilibrium achieve this? What technology is responsible for this?
Is there any new functionality planned for the Eq token, which is utilized for multiple standard procedures?
Do you have a unique marketing approach for your cryptocurrency token? So that others will want to buy your token?
Equilibrium’s as I read offers users the opportunity to utilize all Defi primitives.My question is apart from your unique security management, interest rate and your proactive protection to bad debts, What other features makes you unique from other competitor?With the increase of Defi platforms, what advantage does your platform have that will enable it to stand the test of time?
Equilibrium’s as I read offers users the opportunity to utilize all Defi primitives.My question is apart from your unique security management, interest rate and your proactive protection to bad debts, What other features makes you unique from other competitor?With the increase of Defi platforms, what advantage does your platform have that will enable it to stand the test of time?can you tell us about your insurance policy? thanks
The EQ token is Equilibrium core utility asset and they are used for paying fees,accessing liqiuidated cryptocurrency collateral,etc.Will the EQ token have a burn mechanism to increase the value and rarity of $EQ? Where can users purchase EQ tokens? can you tell us about the progress made so far in connection with user Accessing liquidated cryptocurrency collateral?
At one of the past AMAs, did you say that at the moment EQ tokens can only be obtained by participating in the Republic campaign? But I know you have a referral program where we can get 0.5 EQ on every DOT using a referral link and get 3% on every DOT using a referral link voting for Equilibrium. As well as the Ambassadors Program with a prize pool of 500 thousand $EQ and a special giveaway worth 10,000 USD in $EQ tokens. So, please tell us about your programs, how long they are scheduled for, and what is the total fund of $EQ tokens allocated for these events? What are the main points in the rules that users need to pay attention to in order to be able to participate in these programs? Are there any restrictions on participation (age, place of residence, KYC) or are the programs available to everyone?
I understand that equilibrium is a one-stop DeFi platform on Polkadot that allows for high leverage in trading and borrowing digital assets. Can you tell us what are the unique features and core values of Equilibrium? What are the Competitive advantages of Equilibrium platform compared to other projects in the crypto industry? What’s your next goal and future plans for Equilibrium? and What marketing strategies do you have in place to attract users and investors to the Equilibrium platform and keep them for a long term?
I read the Equilibrium platform I introduced a risk-free staking mechanism for $EQ token. Can you please explain What is your staking mechanism and how it works? What are the strategies you’ve employed to ensure that this process is Risk-free and user assets are secured? What are the benefits/advantages Holders enjoy for staking $EQ token? You mentioned in an article of yours that At later product stages, Equilibrium will use Polkadotʼs native staking mechanics and will
adhere to the notion of validators and nominators. Can you please share more details about this feature?
Hello Equilibrium Team!
Firstly, I must commend the projects’s team. The general structure, views, aims/goals of the platform is something I find very pleasing and interesting. From my research, I had observed that there was a transfer of xDOT allocations to participants/users in the Equilibrium group loan, which happened April, 2022. Can you give more details on this financial strategy? what is the idea behind this? What was the aim and essence of this strategy? In what ways have this been beneficial to the Equilibrium platform as well as the users? You had mentioned that xDOT offers a substantial amount of use cases on Genshiro: what are these use cases? Site some examples, thanks.
One of the most important function of $EQ token is that it grants access to governance of the platform and you mentioned that Equilibrium will use Polkadotʼs native approach to system governance by proposing changes
and voting on them. Can you please explain you Governance protocol and how the polkadot’s native approach with work on equilibrium platform? Who can participate in Governance, what must be the criteria for a holder to have access to governance on Equilibrium platform? On what rights can Holders Vote?
Hello Equilibrium Team!
Without doubts, the platform’s vision, goals and expansion plans is heart warming because Equilibrium is addressing major problems faced in the DeFi space. I believe that every investor’s first question will be directed to “SECURITY” coupled to the fact that there have been several crypto based scams in recent times. Scammers will always look for bugs and backdoors that they could use as leverage against a project and it’s users. Can you convince us that your platform is secured enough to guarantee the safety of user’s funds/assets? Kindly give details on your audits.. which audit companies have you partnered with? How well did you pass your audit(s)? Thanks
Hello Equilibrium Team!
From my research, I got to understand that EQ is the native utility token that is used for communal governance of Equilibrium. What then is the function of the “xDOT” token that was mentioned? What is the basic difference between the $EQ tokens and the “xDOT” tokens? What are the use cases of the “xDOT” tokens? How can I acquire the “xDOT” tokens and what are the benefits that “xDOT” pose for users? You had stated that the “xDOT” token unlocks liquidity of DOT locked in Parachain auctions and deliver multiple crowd loan bonuses on Polkadot. How is this possible?
Currently their Trading + Lending + Synthesizers platform is available on the Ethereum and Binance Smart Chain networks; but I read on their website that it will soon also be available on Houbi, Solana and Bitcoin soon. What will be the tools you will make use of to maintain seamless interoperability between chains? With these new blockchain network integrations, what impact will it have on Equilibrium protocols and $EQ trading?
What gives EquilibriumDeFi a competitive advantage over other DeFi projects? In comparison between Equilibrium and its competitors such as Compound, MakerDAO and Synthetix; what are the improvements your system offers to users, investors and professional traders? What are some of the features that Equilibrium has that help users improve their trading experience and profit margin for everyone?
I noticed that Equilibirum provides “Insurance via bailouts” to its users; could you tell us more about this? What exactly does this insurance scheme cover and how does it work? What types of situations can it be applied to? What are the advantages for users?
I noticed that you use a dual token system ($EQ/$GENS). So, how do the two tokens compare and contrast? Do these currencies have a competitive advantage over one another? Which $EQ/$GENS coins should a long-term investor consider investing in?
You have recently launched on-chain orderbook DEX On Genshiro. Can you tell me about the relationship between Equlibrium and Genshiro? How does this recent feature possitively affect to the Equlibrium community? I saw on your Medium that there was a reward pool of 60M $GENS and users were invited to become liquidity providers before this launch. Can’t I contribute now as a liquidity provider?
Fortunately, the deadline for the Mega $10,000 worth $EQ Gleam Community giveaway has been extended till May 28. Can you explain more about the selection criteria of this event? Is it totally based on luck or do you have any other procedure? I saw there are 1,115,620 entries! How can I increase my winning possibility? Are multiple entries allowed with different social media accounts? Will this prize pool be distributed according to a vesting schedule?
When I try to access your public offering, it says “application error”. What could be the reason? Has the application process ended? You have named the event as “first” public offering. In case I am late for the current sale, can you tell me when will the next round be held? How can I stay updated?
Equilibrium is an exciting decentralized finance (DeFi) project built on top of the EOS blockchain, with the goal of creating a high-speed, low-cost, and easily accessible cross-chain DeFi and DEX system. But knowing that Ethereum has shown great potential in the world of DApps and smart contracts, and having greater economic power, what were the reasons that served to create Equilibrium and choose EOS as its birthplace. Also, how does the current system of staking pools work, staking of EOS, EOSDT and NUT, is there a minimum amount required to participate?
I understand that Equilibrium has been the first interoperable money market, tell me, what are the main benefits of having a combination between all the significant use cases of DeFi in an easy to use interface? Also, can you tell us what the use cases include? What can be considered your authentic wing use case? What is the true authenticity and point of difference between Equilibrium and other projects?
Now, I like to have knowledge, what else can you do in Equilibrium apart from betting and winning, lending, borrowing? How can there be maximum efficiency when trading? Can you give us the reasons? Also, why would it be very useful for Equilibrium users? I understand that one of your main focuses is that we can find all the necessary DeFi instruments in one place, how do you know that you have what it takes to achieve this goal? What outstanding characteristics does Equilibrium have to be an efficient and successful project?
This project presents us with a function based on a series of smart contracts that are the ones that really regulate and control the way users interact within the system, guaranteeing trust and compliance with any established policy. Could you give us a brief explanation of the smart contracts that are part of these systems and that also regulate the activity of executing any action?
Recently, Equilibrium Platforms has announced a strategic partnership with Parallel Finance along with a giveaway of 50,000 of $EQ tokens. Firstly, Tell us more about the partnership with Parallel Finance platform? How about the Financial bond between you & Parallel Finance? In Which manner will the both of Platforms be beneficial using this strategic partnership? However, There is a ongoing giveaway along with this partnership. Can you tell more details regarding this giveaway? How will users join this giveaway? And How many winners will you Choose? What will be the rules & regulations?
Currently, Equilibrium platform has built on Polkadot Chain allowing the access with the Ethereum & Binance smartchain. So, It indicates that you intend to integrate the cross chain technology in order to provide more liquidity. So, When will you add other chains in to the Equilibrium platform such as Solana, Huobi Eco, Fantom etc..? And also What will be the fees that you incur from the users those who engage with Cross Chain interoperability? In which manner will you provide a better user experience for the users of Cross chain technology through the Equilibrium platform?
I heard that users can contribute their $DOT tokens to Parachain auctions via Equilibrium platform. I am really interested to stake my $DOT tokens in Equilibrium Staking pools & Get back $xDOT tokens. So, Can you tell me more details regarding the Equilibrium Staking & Parachain auctions? How about the Staking packages, How much is the minimum amount of staking that you allow? However, some of platforms used to collect user’s money & they will disappear by creating a rug pull situation. So, I need to know as a investor, How about the security condition of Parachain auction? How do I trust you that Equilibrium will not be a rug-pulled project in future?
Equilibrium is a DeFi 2.0 cross-chain money market protocol with high leverage. And I was interested that With Equilibrium users can:
Lend: lend out assets and earn interest.
Borrow: borrow assets using portfolios of collateral and paying interest fees, with minimum collateralization as low as 105%. Can you tell us more about these Equilibrium options and under what conditions they can be used? How are loan rates calculated and for what terms are provided, is the lender insured in case of early repayment of the loan and is there a penalty system for such cases?
Greetings, Equilibrium Team
From my findings, I got to understand that the Equilibrium platform features a stable coin which is the $EQD stable coin. Just a few weeks ago, we experienced a huge crash in the crypto market causing a stable coin ($UST) to loose almost all its value. My Question: What is special about the $EQD stable coin? As compared to other prevailing stable coins in the marketplace such as USDT, BUSD, USDC, e.t.c, what benefits will users get for choosing $EQD over these other stable coins? How will you ensure that the value of $EQD will remain pegged to $1 and won’t loose value at any point in time just like the case of $UST? Lastly, what type of stable coin is $EQD: a collaterally backed, algorithmic or commodity backed stable coin?
I read that Equilibrium has implemented SubwalletApp functionality to its Kusama-based Genshiro parachain. What benefits will this new acquisition bring to your ecosystem, and how will it aid Equilibrium’s development? Will you support more wallets in the future?
Greetings, Equilibrium’s Team
I made my findings on the Equilibrium platform. With the information I was about to gather about the platform, I clearly see that Equilibrium is mitigating major issues in the DeFi space. Well-done, I must say. Now you had made a comparison between Equilibrium and other platforms/projects tagged to be flagships and competitors, they include: Compound, MarketDAO and Synthetix. What was the factors you put into consideration while comparing Equilibrium to these competitors (bas of comparison)? In what aspects did Equilibrium have a better performance than these competitors? In what aspects did Equilibrium perform less better? Did Equilibrium top the Chart after the comparison? Kindly give details
Greetings, Equilibrium Team
I took out time to research on Equilibrium and from my findings, I noted that Equilibrium has implemented a support for Subwallet App in its Genshiro Parachain based on Kusama. I will like to know the essence of this Subwallet App support; What advantages will it bring to the Equilibrium ecosystem and it’s user? Are there any future plans of further increasing the number of wallet support? Another thing is that not everyone in Dotsama Ecosystem prefer to use Polkadot.js. Although, it is a powerful tool, but can be a bit complicated for new users: how will you address this issue?
I read from your website about the combined Trading, Lending and Synths feature of the Equilibrium platform. You also have mentioned about making the multi-crosschain efficient and bring mainstream finances best practices to major digital assets. Can you please share us then how will you do this. Since your partnership with Sol, BTC, Huobi will still be launched later, will this not impede your transactions as of the moment?
I read about you collaboration with ParallelFi for you XCM integration. You also mention about it’s incoming testnets wherein 50,000 EQ will be given to 50 random participants. How will this be implemented? Can you please share us your collabarative works with ParallelFi and other projects out there. How are they going so far?
Hello Equilibrium Team.
Taking my time and going through your platform, i encountered a very Interesting Product you have, which was The Bailout system. I came to notice thar You offer Insurance bailout for users in Equilibrium. However these seems to be the first time I’m hearing of such Services, can you please clarify more on how users can actively take part of this Bailout System? What Might be the Conditions for users to be able to Option for Bailout? In these note, can you please explain to us The Need for Coming up with these Bailout systems and the Actual benefit it possess for your users in your ecosystem?
Thank you
Hello Equilibrium Team.
We all know that it is quiet obvious that Selling collateral at a discount can fail badly when the market starts to crash, and given the current bear market conditions going on right now. My question is, How can Equilibrium be an ideal option for user assets? May i know the types of challenges you are currently facing right now due to the bear market? Can you also explain how Equilibrium’s bailout mechanism act as an effective new approach for managing debt and risk within a DeFi protocol?. It was also said that your design introduces the Role of A BAILSMAN, here the question is this, can you explain the Effective roles of a Bailsman in your platform?
Thank you
I read that your system remains highly resilient to adverse markets. Currently, there are a many investors who are frustrated due to the bear market conditions. Will your project be a good option for them? What kind of developments you have implemented to remain resilient to bear markets? Further, how do you allow for setting the lowest collateral and margin requirements? What is your mechanism?
There are two types of fees on your platform, transaction fees and product fees. Can you elaborate more on each type? Are both fees payable with $EQ? I could not find any information on the utilities of these fees. Some projects redistribute their fees among token holders. What is your policy? Can a user lower his fee by holding a certain amount of $EQ? In addition to aforementioned fees, are there any charges on Equlibrium?
Two of Equilibrium’s biggest milestones is Launching a order book DEX and the fluid xDOT staking. Can you give details on the order book DEX, what are the basic features of the DEX? How will the DEX provide maximum benefits for the users? Talking about the fluid xDOT Staking; how does the staking work? you had stated that using it, users could vote for their favourite projects in Dotsama ecosystem. How does the voting system work? How is the voting weights distributed? Will I still have to lock my $DOT for up to 2 years without a guarantee that a project performs well or not? What are the benefits of the xDOT Staking?
I read $xDOT is a special token on Equlibrium. It is clear I can use $xDOT inside the Genshiro money market and get amazing benefits. My question is, what I can do with $xDOT as an investor? How do I get my funds out? Will $xDOT be listed on a DEX? Can I exchange my holdings with a stable coin like USDT or USDC? Is there an option to get $EQ for $xDOT?
When I saw the Equilibrium Twitter page, I saw that it as “Equilibrium (We are Hiring!)”. Can you explain about this? Does this mean that there are vacancies in Equilibrium platform? If it is, Which types of vacancies do you have? I really want to join with a Blockchain Project. So, How Do I apply for Equilibrium Vacancies?
It is well known that the smart contract of Equilibrium has been audited by Quanstamp audit firm. So, How about the audit results? Is the security of platform in a better range, Can you please share the audit report with us So that we can get a idea about the security issues in Your Smart contract? However, auditing is more important since the transparency will be there. So, Will you conduct more audits in future with other audit companies like CERTIK, Hackathon, Solidity etc..? How about the frequencies/epoch of auditing?
What is the usage of $EQ token in the entire Equilibrium platform!???What is the utility that $EQ uses in your Ecosystem?
What problems is Equilibrium trying to solve to make it easier for Crypto users? Please let us know how evolving the roadmap is right now. What will happen this year and in the future?What is your #Equilibrium strategy for marketing and Mass Adoption? How do you evaluate support from Community #Equilibrium.
Cryptocurrency and Bitcoin remain top 7 on the world wide list, And can’t go into extinction again due to how it’s preserved.
Q1)What Is plan of Token Equilibrium on how to be preserved in the near future and how it won’t go into extinction or face Bankruptcy?
What are the competitive advantages of your platform that make you feel most confident? Is your project just for pacers or is it open to everyone?
Why did you choose DeFi 2.0 instead of 1.0? I know it is the new movement of DeFi. Did you select it just because “new” or have you actually identified any issues related to the projects build on DeFi 1.0? From your point of view, how does the new version solve those issues? What type of user experience is offered by Equilibrium due to the choice of DeFi 2.0? How does it make Equilibrium better?
I hope to get more information on your referral program. In order to participate, do we need to hold $EQ? Do you have different levels or do you only consider direct referrals? I noticed that not only referees, but also referals have plenty of benefits. How do you prevent users from misusing the system to grab those benefits? Do you have a proper mechanism to detect multiple accounts? Is there a KYC process related to the referral program?
When we look back at the history of cryptocurrency and how it got to where it is, we can see how integral a sense of community was and continues to be. The crypto ecosystem is built on that community spirit. In fact, it is ingrained into the technology itself, these tells us that community is very important in every project, so i would like to know more about how Equilibrium aims to build a solid Community to Stand the Test of time, what sort of community incentive programs do you engage your Community with? What is your plans to keep new users engaged with your Community?
Interestingly enough, it came to my understanding that Equilibrium has a Substrate based engine on the Polkadot network and smart contracts on bridged blockchains. This us quite an interesting approach and Technology. I would like to know more about your Equilibrium cross-chain engine for liquidity pools. Can you also tell us little about its Interoperability aspect? Knowing that you recently launched your KSM bridge and currently developing the DOT bridge so users can utilize DOT tokens on Equilibrium, can you give us details on when you plan on completing the DOT bridge?
I learnt that Equilibrium is the first interoperable money market that combines all significant DeFi use cases in one easy-to-use interface, and I noticed that you’ve been extensively building this ecosystem since 2017, now giving that Equilibrium will be onboarded as the 12th parachain of the Polkadot network. I would very much appreciate it if you could provide details on how we can get your Tokens, is your token listed on any of the available exchanges yet? I also learnt that you’re launching EQ tokens giveaway! Can you give us details on how to get this giveaways? Is it still On?
Please elaborate more on the components of your governance mode. I read that there are three main components as Council, Referendum and Voting. Can you briefly explain about each option? What are the requirements to participate in the events related to these components? Is it enough to hold a specific amount of $EQ? Compared to similar projects, what has Equilibrium done to make the governance mode decentralized and actually open for the community?
What is the uniqueness of “Equilibrium” that cannot be found in other projects that’s been released so far? And how the demand of “Equilibrium” will increase in the future? or what steps would you take to increase the demand?
What are the benefits of holding your token as long term investment? Can you tell us about the motivation and benefits for investors to keep the your token in the long run?
Did you consider community feedback/requests during the creation of your product in order to expand on fresh ideas for your project? Many projects fail because the target audience and clients are not understood. So I’d like to know who your ideal consumer is for your product?
Can you enlight us about project Equilibrium ideas and backgrounds? Strong project has strong backed up investors and raised funds to survive in the long run.DFG is your valuable strategic investors , can you tell us more about this partnership? What are your important achievements and how do you ensure investors fund will be safe?
A refferral programme is implemented in a way of receiving 0.5 $EQ to whom refer the referees to the $DOT staking. Could you explain more details about this referral program? How does it work, does it include with a specific tier system? As the some of referral program implemented a limited no of referees, There will be a safe environment within the platform ecosystem. What do you say about that? If some one make bots as referees, what will you do?
Hello Equilibrium team.
About your Republic Campaign.
What Could be the Essence of your Republic Campaign? Could you tell us more about your Republic campaign? What goals are you aiming to achieve with this campaign? Could you also tell us more about the benefits for early contributors in your platform? However,
I noticed that you are currently hiring talents in your team. I would very much appreciate it if you could tell us more about the open positions and how to apply for a job in your platform. I hope the application process is still on?
Thank you
Can you simply explain about your risk model? How does Equilibrium approach on assessing system risk? What kind of measures have you taken to ensure the security of funds invested in Equilibrium? You have conducted an audit in December, 2020, two years ago. How can we see the current security status of Equilibrium? On the other hand, how should we minimize our risks when using your platform?
I read $EQ can be staked in governance, lending, and market making pools to get rewards. Do I get rewards with the same token, $EQ? Can I withdraw my earnings anytime? What will be the most profitable option among these three? What is the safest choice? In addition to staking, are there any passive income opportunities associated with $EQ?
There are plenty of tasks planned for the next month including the launch of money market and spot margin trading. Will you complete those tasks despite the current bear market? How does the current market affect the future of Equilibrium? Should I hesitate to invest in your project due to this market condition?
EQ Tokens include various use cases like pooled lending (Compound), synthetic assets and decentralized stablecoin generation (like Synthetix and MakerDAO respectively) and trading (like dy/dx), but which do you consider to be the commercial, social and financial most useful and most demanded in the market, what are the advantages and risks in allowing users to bet and win, lend, borrow, increase liquidity in synthetic assets and decentralized stable currencies all in one place, how attractive and Flexible are the rates and commissions to have these access to these products?
What do you think has been the most significant milestone you have achieved so far and what is the most ambitious goal you have set yourself to achieve in the future, what it means for your ecosystem to be the 12th paranetwork of the Polkadot network, who have been your collaborators and partners to achieve it and what benefits does this bring to its users, investors and the decentralized system in general?
Considering the downward trend that the market has been suffering and has prolonged, what is its real capacity to stay in the market and continue offering a high-quality service and integration, what are the risks of selling warranties at a discount in the face of a possible collapse of the market? market, measures could be taken to respond in a timely manner to this possibility, what threats and risks do they face, do they have the capacity to defend themselves, why should we consider Equilibrium an ideal option for user assets and how does it differ from other similar projects ?
LD CAPITAL, a famous and leading worldwide crypto investment firm that aims to ‘Redefine a Better World with Digital Economy,’ is an Equilibrium strategic investor. What strategy will LD CAPITAL provide to facilitate Equilibrium’s development? What do you expect to accomplish in the DeFi space with the help of LD CAPITAL?
Would you be having ambassadors or influncers partner with you as a plan to enhance your marketing strategies in place to attract investors to EQUILIBRIUM
What are the risk managements strategies that your project uses to ensure the safeguard of the investments and credits granted by its platform?
What is your vision related to this project in next 10 years.
And how you will sustain your economy for a long run.
Is Equilibrium a great all-round project? So when will it be released and change the rules of the game?