Equilibria is a protocol built on top of Pendle Finance and is designed to enhance the yields of Liquidity Providers (LPs) through the accumulation of vePENDLE tokens on our platform. Our main goal is to create a win-win scenario where all participants benefit, ultimately making yields more attractive and accessible to a broader range of users. The concept of veTokens has a proven track record within the industry. Notable projects like Curve/Convex and Balancer/Aura have effectively implemented similar models. We are confident that this approach serves as a potent mechanism for aligning the interests of both liquidity providers and Pendle token holders.
Our native token EQB acts as a governance and incentivisation tool within the ecosystem. Locked EQB tokens will have governance rights in the system and will be able to vote using the protocol owned vePENDLE voting power as well as on internal proposals.
Equilibria has launched the IDO on our own platform on 22nd May, we had successfully raised $1.5M USDC at FDV $20M
We have also introduced our Launch partner program, the objective of this program is to onboard well-known protocols across DeFi, LSD, and cross-chain as esteemed Launch Partners: Pendle Finance, Frax Finance, and GMX, each bringing unique synergies and opportunities to the Equilibria ecosystem.
What Equilibria is trying to do:
With the support of our growing community and partners, we plan to extend our project to other leading protocols to BNB Chain
Equilibria will benefit all participants:
LPs on Pendle can boost their yield by depositing into Pendle through Equilibria even if they don't hold any vePENDLE position.
PENDLE holders can convert their PEDNLE on Equilibria and receive ePENDLE (a liquid version of vePENDLE) with the original token being locked on the Pendle Platform. Besides all the benefits associated with the PENDLE token itself, ePENDLE can be staked to receive rewards and can be swapped back to PENDLE on DEXes.
Chainlink is the industry standard for building, accessing, and selling oracle services needed to power hybrid smart contracts on any blockchain. Chainlink oracle networks provide smart contracts with a way to reliably connect to any external API and leverage secure off-chain computations for enabling feature-rich applications. Chainlink currently secures tens of billions of dollars across DeFi, insurance, gaming, and other major industries, and offers global enterprises and leading data providers a universal gateway to all blockchains.
Learn more about Chainlink by visiting chain.link or reading the developer documentation at docs.chain.link
The Chainlink Labs Channel Partner strategy is intended to outline a joint approach between Chainlink Labs and select accelerators, launchpads, incubators, devshops, and software tools to promote the user adoption and growth of the web3 ecosystem. Chainlink Labs and the channel partners will collaborate to accelerate and nurture the web3 ecosystem in key areas including gameFi, NFTs, developers, and startups.
Chainlink Labs is the leading provider of secure and reliable open-source blockchain oracle solutions, enhancing smart contracts by connecting them to a wide range of off-chain data sources and computations, such as asset prices, web APIs, IoT devices, payment systems, and more. We are dedicated to the development and integration of Chainlink as the standard decentralized oracle framework used by smart contracts across any blockchain.
