Equilibrium’s EOSDT Stablecoin Has Been Listed On Two Decentralized Exchanges
Equilibrium is pleased to announce the beginning of its EOSDT stablecoin listing campaign, designed to make our core currency available on a large number of platforms. EOSDAQ and DEXEOS are the first decentralized cryptocurrency exchanges to list the stablecoin. We are already working on several strategic partnership agreements with other crypto exchanges and digital wallet companies to catalyze EOSDT adoption and underpin its robust liquidity.
With these first two successful listings, users at these exchanges can conveniently trade the EOSDT/EOS currency pair. This move is set to increase EOSDT’s overall trading volume while extending market awareness of the benefits to using the Equilibrium framework, boosting the project’s overall liquidity.
EOSDAQ and DEXOS offer natural support for the EOSDT stablecoin, and provide a place for the EOS community to congregate. DEXOS is the world’s first EOS-based decentralized exchange, and EOSDAQ is an on-chain exchange that supports safe, fast trading for native EOS tokens.
EOSDT is the world’s first decentralized stablecoin on the EOS blockchain. This stablecoin enters circulation by collateralizing a user’s liquid digital assets. Accepting only EOS at launch, we are already working on a major system update that allows collateralization of a basket of varied collateral within one user position. Because 1 EOSDT always equals $1 USD, users enjoy access to a stable and highly transactable cryptocurrency free from volatility and worry.
EOSDT offers a variety of applications besides its collateralization function. These include hedging market risks, providing fiat-like quotes for currency pairs on crypto exchanges, and making online payments with merchants that accept cryptocurrency.