Equalizer – Decentralized Exchange on Fantom Blockchain

Equalizer emerged from Andre Cronje’s idea of a perpetual decentralized exchange called Solidly. The Equalizer platform’s inception aims to adapt this concept to a more intuitive, user-friendly DEX. As the primary trading mechanism for the Fantom network, Equalizer incorporates the Solidly perpetual model, along with a few adjustments to fee structures and emissions.

Why Equalizer Exchange?

The groundbreaking perpetual model is the first of its kind capable of maintaining a steady emission token price. Equalizer addresses the challenge of balancing rewards for token holders and incentives for liquidity providers (LPs). Their model achieves this by rewarding liquidity with a valuable token, generating income akin to the Curve model. The fee structure guarantees that the utility and reward for holding and locking tokens are sufficiently high to provide the necessary liquidity for low-slippage trades. 

What Makes Equalizer Exchange Unique? 

A minimal fee (e.g., 0.01%) may appear flawed unless the trading volume justifies the incentives needed to maintain enough total value locked (TVL), particularly for volatile pairs. Consequently, this can trigger a downward spiral in the native token price, crippling the platform’s ability to preserve liquidity.

Consider this: a 0.01% fee is insignificant if the slippage in the trade reaches 2% or 3%. This insight reveals the importance of maintaining a fee that supports low-slippage trades, ultimately delivering a superior trading experience and outcome for users.

Tokenomics

$EQUAL

The fundamental liquid form of the token is $EQUAL. This versatile and transferable token serves as the primary medium for emissions and can be locked into a veNFT.

veEQUAL

By locking $EQUAL into veEQUAL, users can obtain an NFT that utilizes the vote escrow model for securing fees and directing emissions. A range of lock periods is available, and the asset remains transferable.

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