Fantom Ecosystem Spotlight: Equalizer
Equalizer is a Solidly-modelled DEX incentivizing liquidity with their own token along with a vote escrow liquidity driver. In this spotlight, we will dive into their approach to reward both liquidity providers and token holders, and their reasons for deploying on Fantom.
Per the vote escrow model, token holders actively choose the pools they think will get them the most fees. Fees are generated every time a trade is completed on
Equalizer. These fees are given to the veEQUAL holders who voted for the pool from which the fee originates!
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Fantom was the home of the original primitive created by Andre Cronje. It was a logical choice as Equalizer is a complex DEFI protocol that requires lots of transactions and tasks to be completed. Fantom is a smooth network that runs very efficiently.
Andre had the vision to revolutionize the traditional UNI v2 DEX and turn it into a flywheel. The principles are you add utility to your token and incentivize the liquidity with this token. Token holders are governance holders but also the beneficiary of the fees."
https://twitter.com/FantomFDN/status/1646542325496049666?s=20
