EQIFI, a decentralized finance platform, at the moment introduced new merchandise for the Tezos blockchain ecosystem and can supply its customers Tezos (XTZ) staking and borrowing.
Powered by EQIBank a licensed and controlled digital financial institution, EQIFI operates beneath a community-focused, decentralized customary by means of its native EQX token. The EQIFI group is ready to present enter on selections equivalent to itemizing and delisting tokens, adjusting rates of interest, and modifying collateral limits.
“A product providing with an business chief equivalent to Tezos signifies the bar EQIFI is setting. Offering publicity to XTZ holders for staking & borrowing is simply the subsequent step in positioning EQIFI to develop into an business chief.”
– Jason Blick, Chairman of EQIFI
EQIBank presents aggressive charges, 24/7 service, trusted safety, and an progressive, easy on-line international banking expertise. EQIBank supplies financial institution accounts, loans, custody, debit and bank cards, over-the-counter, and wealth administration to EQIFI and all its certified shoppers.
Launched in 2017, Tezos is among the authentic Proof of Stake good contract blockchains and has efficiently upgraded itself 7 occasions, logged hundreds of thousands of transactions, and attracted a various group. Builders are in a position to simply construct highly effective instruments and merchandise, whereas new customers can discover NFTs, DeFi, DAOs, and extra throughout lots of of decentralized functions working on Tezos.
Tezos’ Proof of Stake design means it might function in an energy-efficient method, consuming over two million occasions much less vitality than standard Proof of Work networks – this makes it a really perfect platform for constructing blockchain functions which might be energy-efficient and sustainable.