What is $EQUAL and why it’s still an undervalued project.
A Thread🧵
5 Minutes Reading👇
A Thread🧵
5 Minutes Reading👇
1/ WHAT'S $EQUAL?
@Equalizer0x is a #DEX that uses a vote escrowed model to drive Liquidity to the highest volume pairs based on #Solidly model with some changes.
It aims to provide a centralized liquidity hub for the $FTM network for a seamless experience for users to trade on
@Equalizer0x is a #DEX that uses a vote escrowed model to drive Liquidity to the highest volume pairs based on #Solidly model with some changes.
It aims to provide a centralized liquidity hub for the $FTM network for a seamless experience for users to trade on
2/ TOKENOMICS
$EQUAL serves as a liquid transferable token for emissions & can be locked into a veNFT.
$veEQUAL uses the vote escrow model for fees & emissions, with various lock periods.
Max 26 weeks lock period for $veEQUAL, with voting power & fees in selected pools.👀
$EQUAL serves as a liquid transferable token for emissions & can be locked into a veNFT.
$veEQUAL uses the vote escrow model for fees & emissions, with various lock periods.
Max 26 weeks lock period for $veEQUAL, with voting power & fees in selected pools.👀
3/ TVL
📈 $EQUAL's current metrics are outstanding & undervalued, with huge potential for growth. 🚀 It's a unique investment opportunity!
Only two weeks ago $EQUAL TVL reached 40M, now is already over 55M.🔥
📈 $EQUAL's current metrics are outstanding & undervalued, with huge potential for growth. 🚀 It's a unique investment opportunity!
Only two weeks ago $EQUAL TVL reached 40M, now is already over 55M.🔥
https://twitter.com/Equalizer0x/status/1625961610543263745?s=20
4/ TRADE VOLUME
5/ PRICE ACTION:
📈 Despite the recent run-up, I think the current price for $EQUAL doesn't reflect its outstanding growth metrics.
It may be undervalued, presenting a potential buying opportunity. Nevertheless, always be careful.🙏
📈 Despite the recent run-up, I think the current price for $EQUAL doesn't reflect its outstanding growth metrics.
It may be undervalued, presenting a potential buying opportunity. Nevertheless, always be careful.🙏
6/ WEEKLY EMISSIONS
📈Weekly emissions will start at the beginning of each EPOCH and won't have a ramp-down period to avoid token price depreciation.
The slow decline of 0.5% per week will ensure liquidity incentives and fees for $veEQUAL holders.
📈Weekly emissions will start at the beginning of each EPOCH and won't have a ramp-down period to avoid token price depreciation.
The slow decline of 0.5% per week will ensure liquidity incentives and fees for $veEQUAL holders.
https://twitter.com/Equalizer0x/status/1629791478439612416?s=20
7/ REWARDS
💰There are 3 types of rewards:
1. EMISSIONS: LP providers get rewards each epoch based on their $veEQUAL votes.
2. FEES: Whenever a trade happens, they are distributed back to gauge voters.
3. BRIBES: Holding $veEQUAL means potential access to bribes
💰There are 3 types of rewards:
1. EMISSIONS: LP providers get rewards each epoch based on their $veEQUAL votes.
2. FEES: Whenever a trade happens, they are distributed back to gauge voters.
3. BRIBES: Holding $veEQUAL means potential access to bribes
8/ TEAM
👥 After interacting with the team in Discord, AMAs, and discussions, I'm confident in their ability to fulfill $EQUAL's potential.
They embody equality in everything they do, from fair launch to balanced tokenomics. Their hard work & hyper-productivity is inspiring💪
👥 After interacting with the team in Discord, AMAs, and discussions, I'm confident in their ability to fulfill $EQUAL's potential.
They embody equality in everything they do, from fair launch to balanced tokenomics. Their hard work & hyper-productivity is inspiring💪
9/ WHY $EQUAL IS DIFFERENT
Equalizer has made some changes to Solidly model to ensure long-term sustainability:
- 26-week maximum lock
- veNFTs
- NO rebasing
- NO Negative Voting
The veNFTs have been successful, and $EQUAL is the top collection on the PaintSwap marketplace.🔥
Equalizer has made some changes to Solidly model to ensure long-term sustainability:
- 26-week maximum lock
- veNFTs
- NO rebasing
- NO Negative Voting
The veNFTs have been successful, and $EQUAL is the top collection on the PaintSwap marketplace.🔥
10/ SUMMARY
$EQUAL is a good project and currently undervalued
$FTM is a solid chain with bullish catalysts creating immense growth opportunities.
Together, they are a winning combination for the DeFi ecosystem.😎
$EQUAL is a good project and currently undervalued
$FTM is a solid chain with bullish catalysts creating immense growth opportunities.
Together, they are a winning combination for the DeFi ecosystem.😎
CC // some chads who might enjoy this thread, lmk what you think guys!🙏
@Fantom_Intern
@NickDrakon
@ftm_ecologist
@fantom_insider
@FantomTalk
@crypthoem
@juanaxyz00
@Tweak896
@DoubleyouW3
@AndreCronjeTech
@theotherpomp
@Fantom_Intern
@NickDrakon
@ftm_ecologist
@fantom_insider
@FantomTalk
@crypthoem
@juanaxyz00
@Tweak896
@DoubleyouW3
@AndreCronjeTech
@theotherpomp
• • •
Missing some Tweet in this thread? You can try to
force a refresh
