Equilibrium
Basics
- Announced on:
- Mainnet release:
- Based in:
- From Cointelegraph (23-10-2020):
"The project, Equilibrium, had first announced its plans to develop an interoperable protocol on Polkadot in summer of this year. For its transition to Polkadot, the project has been developing new products for its decentralized, cross-chain money market, such as interoperable stablecoins, a synthetic asset platform, and a decentralized exchange."
History
Token
Launch
Token allocation
Utility
Token Details
Stablecoin
Technology
- Whitepaper can be found [insert here].
- Code can be viewed [insert here].
- Built on: a parachain on Polkadot (10-2-2021).
How it works
Mining
Staking
Liquidity Mining
Layer Two
Different Implementations
Interoperability
Other Details
Privacy Method being used
Compliance
Oracle Method being used
Their Other Projects
DEX
Governance
DAO
Treasury
Upgrades
Roadmap
- Can be found [Insert link here].
Audits
- Bug bounty program can be found [insert here].
- From Cointelegraph (23-10-2020):
"Equilibrium has emphasized that Quantstamp's security audit will be much further-reaching than typical audits, which focus on detecting bugs in smart contracts only. This is because Polkadot provides projects like Equilibrium with a modular framework called Polkadot Substrate, which they can use to launch stand-alone, customized blockchains that will later be connected to Polkadot as a Parachain. Rather than auditing smart contracts that run in an isolated environment, then, Quantstamp will need to audit all of Equilibirum's core components.
The scope of Quantstamp's audit will span the code that governs the blockchain's underlying "business-logic on balances, its risk and price modules, and its 'bailout' mechanics," as Equilibrium explains. The project's developers have identified several key customized components and innovations that they believe require particular diligence, for example, the use of electronic signatures for off-chain brokers and claims."
Bugs/Hacks
Usage
Projects that use or built on it
- Curve; is being ported over by Equilibrim to create a cross-chain implementation to run on the Polkadot parachain Equilibrium (10-2-2021).
Competition
Coin Distribution
Pros and Cons
Pros
Cons
Team, Funding, Partnerships, etc.
Team
- Full team can be found [here].