Equalizer Launches Native USSD Minting to Strengthen Sonic Network
Equalizer Launches Native USSD Minting to Strengthen Sonic Network
🌀 Sonic's USSD Minting Arrives
Equalizer has introduced direct $USSD minting on Sonic, aiming to create a network-level flywheel effect for the chain's performance.
Key Features:
- Uses the same secure minting process as Fraxnet
- Adds fresh USDC to USSD capacity
- Enables zero slippage for large trades
- Strengthens Sonic's network-level buybacks
The process is slower than standard swaps but offers improved accessibility and supports the chain's overall health. USSD (US Sonic Dollar) is built on the Frax Finance stack with frxUSD as its institutional-grade base asset.
Equalizer previously whitelisted USSD on March 10, marking the beginning of their collaboration with Frax Finance to support USSD adoption across the Sonic ecosystem.
At Equalizer, we’re serious about $USSD adoption and the long-term success of the Sonic network. We’ve worked with Frax to bring USSD minting in-house, using the same secure process as Fraxnet. It’s slower than a standard swap - but it: • Adds fresh USDC to USSD capacity •
Onboarding $USSD on Sonic is a goal everyone should be working towards. 🌀 Creating a network-level flywheel could be a massive step for Sonic’s performance - supporting price action and overall chain health That’s why we built the easiest way to mint and get $USSD on-chain. 🫡
The $USSD Bootstrap Campaign is coming to @MetropolisDEX. Provide liquidity or deposit into DLMM Vaults across $USSD pairs, earn points, and claim weekly rewards across 4 epochs. Goes live this Thursday, April 2nd!
🚨 $USSD is now whitelisted on Equalizer. USSD = the US Sonic Dollar. Powered by the @fraxfinance stack — with frxUSD as the institutional-grade base asset and a broader infrastructure layer built around it. $EQUAL 🤝 $S 🤝 $FRAX
Equalizer Protocol Maintains 100%+ APR as Flywheel Mechanism Drives Consistent Returns
**Equalizer Protocol continues delivering strong performance** with APR exceeding 100%, up from the previous week. The protocol's flywheel mechanism is functioning as intended, directing fees and bribes back to veEQUAL token lockers. **Key metrics:** - APR remains above 100% - Consistent fee and bribe distribution to veEQUAL holders - Weekly epoch system maintaining steady yield flow The protocol's design focuses on sustainable growth through its vote-escrowed token model, where locked EQUAL tokens receive protocol revenues. This creates an incentive structure that aims to compound returns for long-term participants. The team emphasizes the system is operating according to its original specifications, with the flywheel effect showing signs of acceleration as more participants engage with the voting and locking mechanisms.
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.