Buy Equalizer DEX (EQUAL)
What is Equalizer DEX?
Equalizer DEX is a decentralized exchange (DEX) built on the Fantom blockchain. It is designed to offer a fast, reliable, and user-friendly platform for trading cryptocurrencies, leveraging Fantom's capabilities for fast transaction speeds and low fees. The platform operates on a unique model inspired by Solidly's perpetual mechanism, alongside its own upgrades and features .
How does Equalizer DEX work?
Equalizer DEX utilizes the Fantom blockchain's Proof of Stake (PoS) consensus mechanism for efficient and secure transactions. The platform is based on a modified Solidly perpetual model that involves smart contracts to manage token swaps and liquidity pools. It ensures high utility and rewards for token holders, aiming to sustain a valuable emission token price, which is crucial for maintaining liquidity and facilitating low-slippage trades .
What are the potential use cases for Equalizer DEX?
Equalizer DEX offers several use cases particularly relevant within the DeFi ecosystem. Key applications include providing flash loans, facilitating yield farming and governance through staking, offering liquidity pools for additional rewards, and supporting cross-chain transactions and market equalisation within DeFi. The platform also explores AI integration to enhance its services .
What is the history of Equalizer DEX?
Equalizer DEX was conceived with the aim of revolutionising decentralized finance by adopting a perpetual decentralized exchange model inspired by Andre Cronje. It was founded by entrepreneurs Blake Hooper and Gorgory, with a focus on improving liquidity, trading efficiency, and user education in DeFi. Since its launch, it has undergone significant updates, including a transition to its V2 platform, to enhance its features and user experience .
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Frequently Asked Questions (FAQs)
What is the current price of Equalizer DEX (EQUAL)?
The Equalizer DEX price is $2.0151 AUD, representing a -8.29% from the day prior.
Where is the best place to buy Equalizer DEX (EQUAL) in Australia?
The best place to buy Equalizer DEX (EQUAL) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Equalizer DEX (EQUAL) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of Equalizer DEX (EQUAL)?
The trading volume of Equalizer DEX (EQUAL) is $10.5K AUD in the last 24hrs, representing a -8.29% from the day prior.
How can I buy Equalizer DEX (EQUAL)?
Equalizer DEX (EQUAL) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of Equalizer DEX (EQUAL)?
The current market cap of Equalizer DEX (EQUAL) is $832.7K AUD.
Can I convert Equalizer DEX (EQUAL) to cash?
Yes - With Coinstash you can convert your Equalizer DEX (EQUAL) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many Equalizer DEX (EQUAL) are there?
The current circulating supply of Equalizer DEX (EQUAL) is 425.0K.
Is Coinstash a safe place to buy Equalizer DEX (EQUAL) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Equalizer DEX (EQUAL) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.