Gate.io to List Equilibrium (EQ) on Its Platform on March 9
Gate.io, a prominent crypto exchange company, will list the Polkadot-based DeFi platform named Equilibrium on its platform. Equilibrium (EQ), in a Medium post, disclosed that the listing will be carried out on the 9th of this month. The platform stated that it offers several DeFi-based services that can be accessed through an easy-to-use interface as well as the 3 chief products.
Equilibrium (EQ) to Get Listed on Gate.io
Equilibrium mentioned that its decentralized stablecoin EQD (that is pegged into the USD) can be transacted effortlessly to the rest of the parachains operating on Polkadot through cross-consensus messaging. The Money Market, the pooled lending forum of Equilibrium, permits huge yields with significant collateralization as decreased as 105%. An insurance pool is responsible for securing it.
Ultimately, the Orderbook DEX provides spot trading with a leverage of up to 20x in a non-custodial manner while providing exclusive trading features. In this way, the EQ token of Equilibrium also plays the role of a critical feature. The native token of the platform lets consumers have a say in the evolution thereof.
They can stake their tokens as well as lock liquidity into the platform’s pools. As a result of this, the holders are offered rewards and can assist in the further development of the network. The listing of the EQ token on Gate.io enhances the accessibility to the decentralized finance-related services on Equilibrium. Gate.io is known as a trusted company for trading crypto assets. It offers unique trading features including perpetual contracts, futures, margin trading, and so on.
Trending Now: Bybit Suspends USD Deposits via Bank Transfer Due to Technical Issues
Gate.io can be accessed by customers across the globe and provides a list of digital assets that can be traded. Equilibrium mentioned that it is thrilled to see the listing of the EQ token on Gate.io. In addition to this, it revealed its pursuit of the opportunities that would be provided by the respective listing for the people participating in the Equilibrium community.
Gate.io Attempts Entering Hong Kong as the Government Allocate $6.4M for Web3
Earlier, reports pointed out that Gate.io was making endeavors to spread its presence to the jurisdiction of Hong Kong. This move was witnessed at the heels of a strategy expressed by the government to allocate $6.4M for the Web3 sector under the city’s latest budget. On the 22nd of February, Gate Group brought to the front that it will obtain a crypto license to operate in Hong Kong, permitting it to release “Gate HK.”
