The long-awaited public offering is finally live. This will be through a partnership with Republic Crypto, a web 3.0 investment firm. The investment will accelerate the sale.
Equilibrium is based on the Polkadot ecosystem; thus, it is obliged to meet its condition, offering a full suite of DeFi services such as decentralized exchange, money market insurance, automated market maker, and insurance.
The first phase of the public offer officially started on 28 June and runs until 9th of July. It is open to the public and has a hard cap of 500,000 USD. Phase one is only meant to happen in one step, while phase two of the offering will be divided into two phases: early access and public access. Early access is intended for phase one participants who got whitelisted, while public access is open to all. Equilibrium provides a money market that combines a lending platform and a cross-chain decentralized exchange. Thanks to this, there is high leverage borrowing and trading with low collaterals.
Support from Republic Crypto is a milestone as Republic crypto is known for investing in the best projects in the web 3.0 Space. According to the Equilibrium CEO, Republic Crypto was able to partner with them since they did a successful money market launch. This will help Equilibrium to have a solid ecosystem in the Polkadots. The EQ token has high potential with great features and high value to investors.
What is Equilibrium?
Equilibrium is a unified, decentralized finance platform that allows cross-chain lending, borrowing, staking, trading, and earning. It uses community-based governance and is built on the Polkadot ecosystem. Equilibrium combines the money market and decentralized exchange for high leverage.