Equalizer Announces Strategic Partnership with PaintSwap on Sonic
Equalizer Announces Strategic Partnership with PaintSwap on Sonic
💎 PaintSwap Joins The Party
Equalizer has formed a strategic partnership with PaintSwap on the Sonic network. Key aspects of the collaboration include:
- PaintSwap will host the veEQUAL NFT collection using their financial NFT interface
- Equalizer will support liquidity development for PaintSwap's upcoming pUSD stablecoin
- $BRUSH pools will be whitelisted on Sonic to enhance liquidity
This partnership follows recent collaborations with SonicSale, ODOS, and Vicuna Finance, demonstrating Equalizer's commitment to building a comprehensive DeFi ecosystem on Sonic.
BPG Program Increases EQUAL Token Buybacks to 60%
The BPG program has increased its weekly $EQUAL token buybacks from 46% to 60% of total emissions. Key updates: - Buyback percentage increased by 14% week-over-week - Tokens being used to boost Annual Percentage Rates (APRs) - Strategy creates consistent buy pressure on $EQUAL - Aims to enhance both protocol sustainability and user rewards This approach continues to support the dual goals of maintaining protocol longevity while delivering real yield to users.
Sonic TVL Surpasses $1B Milestone with Strong Monthly Inflows
Sonic's Total Value Locked (TVL) has achieved a significant milestone, surpassing $1 billion. The platform maintains its position among the top 5 chains for monthly inflows. Key highlights: - Consistent growth trajectory with 20% TVL increase in recent weeks - Fast finality and robust builder support driving adoption - Expanding ecosystem of high-performance DeFi applications The platform's success demonstrates the growing strength of DeFi infrastructure built specifically for decentralized finance applications. Sonic continues to attract both developers and users with its optimized performance and comprehensive toolkit.
Equalizer Achieves Lowest Inflation Rate Among ve(3,3) Models
Equalizer has achieved significant milestones in managing $EQUAL token emissions: - **Reverse Rebase**: 2% weekly emission reduction since epoch 34, preventing 1M+ $EQUAL from entering circulation - **Tail Emissions**: Now emitting only 9,300 $EQUAL weekly with 0.1% reduction per epoch - **Sustainable Economics**: Fee generation exceeds emission rate Recent performance metrics: - Daily volumes steady at $6-8M - Fee efficiency reaching up to $2000/hour - Weekly rewards tracking $75,000+ for voters The protocol demonstrates sustained growth while maintaining token scarcity through controlled emissions.
Equalizer Exchange Token Migration Update
The migration of EQUAL assets to Sonic chain has begun. Key points: - Users receive non-transferable receipt tokens upon migration - Voting temporarily disabled until next epoch if Sonic isn't live - NFTs that voted must wait until next epoch to migrate - Migration available at migration.equalizer.exchange Important reminders: - 1:1 token swap ratio - Claim all pending rewards before migrating - $2M cap on LP migration - Smart contracts/multisigs not supported Migration window closes before Sonic launch. Check FAQs and Discord for updates.