|All Time High:|
|Market Cap: |
|The price of #EQX today is $0.015 USD.|
The lowest EQX price for this period was $0, the highest was $0.015, and the exact current price of one EQX crypto coin is $0.01499.
The all-time high EQX coin price was $0.75.
Use our custom price calculator to see the hypothetical price of EQX with market cap of BTC or other crypto coins.
|The code for EQIFI Token crypto currency is #EQX. |
EQIFI Token is 1.1 years old.
|The current market capitalization for EQIFI Token is $2,711,240.|
EQIFI Token is ranking upwards to #732 out of all coins, by market cap (and other factors).
|The trading volume is medium today for #EQX.|
Today's 24-hour trading volume across all exchanges for EQIFI Token is $323,656.
|The circulating supply of EQX is 180,830,421 coins, which is 36% of the total coin supply.|
The Ethereum Merge — EQIFi’s approach
The Ethereum Merge — EQIFi’s approach - The eagerly anticipated Ethereum Merge will revolutionize the cryptocurrency industry by introducing a new, less carbon-intensive method of blockchain transaction verification. TL;DR The Ethereum Merge is anticipated on or around September 15, 2022;, EQIFi fully supports Ethereum’s Proof of Stake upgrade;, During the Merge, EQIFi will suspend for 48–72 hours new ETH and ERC-20 token transactions as a precaution and to guarantee the security of money;, Binance Smart Chain blockchain may also suffer from operational suspension during the Merge;, Your assets will remain secure, as always. Our users are not required to take any action., The Ethereum Network (ETH1/Execution Layer) will soon be merging with the Beacon Chain (ETH 2/Consensus Layer) to become Ethereum 2.0. The Beacon Chain is a separate network running in parallel to Ethereum. Currently, Ethereum uses a proof of work model to validate blocks, a paradigm, where validators compete in order to produce the next block. After The Merge, Ethereum’s blocks will be produced only through the Beacon Chain leveraging a proof of stake model. Ethereum’s proof of work model will be discontinued permanently. All block validating work will be actively coordinated by the Beacon Chain, which will choose validators at random. Image source: blog.ethereum.org — Why is Ethereum swapping from PoW to PoS? - PoW requires mi...
WTF is Impermanent Loss in DeFi and How To Avoid It?
One of the risks associated with DeFi, or decentralized finance, is impermanent loss. If you have ever provided liquidity to a liquidity pool and noticed that some of your funds disappeared, chances are that you have been experiencing impermanent loss. But what exactly is impermanent loss, how does it happen, and most importantly, how can you mitigate the risk associated with it? — What is Impermanent Loss? - Impermanent loss represents a temporary loss of funds that can occur when providing liquidity to a liquidity pool. To fully understand how impermanent loss happens, we must first understand how a liquidity pool works. Automated market makers, such as Uniswap, use liquidity pools for exchanging one asset for another. A liquidity poll is a reserve of a decentralized exchange that is available for users to exchange tokens with. Automated market maker, or AMM, is a term used for a class of decentralized exchanges that gained significant popularity with the rise of DeFi. One type of automated market maker is the constant product market maker that the equation can describe: x * y = k, where x and y represent the amount of each asset in the liquidity pool, and k is the total amount of the liquidity. The most basic type of liquidity pool is one that holds two tokens. Nevertheless, other variants of liquidity pools with multiple tokens exist, but those are beyond the scope of this blog post. For a liquidity provider (LP...
EQIFi — One Year in Review
EQIFi — One Year in Review - We are celebrating one year since the launch of our platform. As the first DeFi project backed by a fully licensed and regulated digital bank, EQIBank, we promised to provide a seamless bridge between DeFi and traditional finance and to create a community around this goal. It’s time to look at our past year’s achievements, the completed timeline, and our plans for the future. — Year in Review - Our initial product offering proved that we had identified a market need, created a strategy, and built a great starting point for what will become a one-stop shop for all your financial needs. The original product suite included: the Yield Aggregator, Fixed and Variable Rate Deposits and Loans, Interest Rate Swaps, and the EQIFi Visa Card (powered by EQIBank). As we continued to upgrade and improve on our community’s feedback, our community was ready to welcome the EQIFi Mobile app by the end of Q2 2022, alongside new functionalities, features, and integrations detailed below. — Building an Ecosystem - DeFi is all about decentralizing, but a trustless ecosystem means both robust infrastructure and capable partners that help you build forward. Subsequently, our main strategic focus was nurturing partnerships for more accessibility, functionality, and utility. EQX was listed on over 17 exchanges and wallets (naming just a few: Kucoin, Gate.io, XT.com, Changelly, PancakeSwap, 1Inch...
15% Portfolio increases — Yield Aggregator July Report
15% Portfolio increases — Yield Aggregator July Report - Trading and investing take time and effort on top of our regular lives. We know that the steep learning curve, keeping up with the market, and gaining consistent returns can take away much of your energy. This is why, a year ago, we came up with the yield aggregator, our flagship product aimed at making your crypto investments as seamless as possible. Those who are new to the cryptocurrency investment realm tend to risk large amounts of money in hopes of instant profit, therefore they are more susceptible to the volatility some crypto assets hold. EQIFi offers a solution for beginners and advanced investors alike — An automated protocol built by a team of professionals that could save you money and safeguard your assets from the bear market sentiment. Find below more details about the product earning +30% for investors even in a bear market. — What is EQIFi’s Yield Aggregator? - When it comes to crypto, there’s no shortage of ways to make money. With a little knowledge and the right tools, investing in cryptocurrencies can be as simple as choosing the right portfolio, or as complicated as trading algorithms and market predictions. But where do you start? If you’re looking for a way to accelerate your growth or simply want to diversify your portfolio, it’s important that you choose the best option for your needs. That’s why EQIFi has create...
EQIFi & Shopping.io or How to shop online with Crypto
We, at EQIFi, strive to make the financial lives of our clients easier and more convenient, and have made it our mission to build a global DeFi gateway for people, businesses, and institutions to easily onramp and offramp the crypto world, and earn industry leading returns while doing so! Our main strategic goal for our native EQX token is to offer more real-life utility so we can better serve our community. It is therefore our great pleasure to announce that we have partnered up with Shopping.io and EQX will be available to spend through them! Shopping.io is the first fully interoperable bridge between the cryptocurrency realm and large e-commerce websites. Founded by a veteran group of dropshippers, crypto-developers and creative marketers, Shopping.io aspires to forever change how we purchase things online. With them, you can choose to order some of your favorite products from the likes of Amazon, eBay, Walmart, or HomeDepot and pay directly with your crypto! They are working towards launching a Chrome extension and integrating more and more e-commerce shops onto their platform, and are preparing to launch a ShoppingVerse shopping mall in the Metaverse. — How to Shop - Step 1: Go to the Shopping.io official website. In the upper right-hand corner, click the Login button. If you’re a new member, click the Register button. Those who are members already, kindly proceed to Step 3. Step 2: Login/Sign Up Once you cl...
AMA with EQIFi’s Chairman — Jason Blick
AMA with EQIFi’s Chairman — Jason Blick - On July 20, Jason Blick, the chairman of EQIFi, participated in his second AMA on our Telegram channel. The series of AMAs on the EQIFi official Telegram channel is intended to foster better communication between the EQIFi executive team and our community. The hour-long event allowed Jason to address questions about EQIBank, the licensed and regulated digital bank that powers EQIFi, as well as upcoming initiatives. If you weren’t able to attend the live event, you can see all the questions and Jason’s responses below. Q1. How Long has EQIBank been around? Jason Blick: EQIBank was formed in 2015 and has been operating for several years supporting clients in over 100 countries! Q2. What regulations do EQIFI and EQIBank have to follow? Jason Blick: EQIBank is a Licensed and Regulated Bank and is governed by local laws (the Offshore Banking Act of 1996) and all applicable international bodies like the Office of Foreign Asset Control (OFAC) of the US Department of the Treasury. Banks are and should be the most regulated entities in the world. We are also subject to quarterly audits by our Regulators. Q3. There’s a rumor that EQIBank will buy over Cel. Is this true? Jason Blick: That’s a great question. EQIBank took the opportunity to review the status of Celsius and, as a leading supporter of crypto, we were very interested in the assets held by the group. As Celcius ha...
AMA with EQIFi’s CEO — Brad Yasar
AMA with EQIFi’s CEO — Brad Yasar - Brad Yasar, the CEO of EQIFi, participated in the third EQIFi AMA on our Telegram channel on July 13th. He addressed community updates, goals for the second half of 2022, and worries about the current bear market and its impact on our project. This was the third AMA in the executive team at EQIFi’s weekly series of AMAs designed to strengthen the bonds between our team and the EQIFamily. If you weren’t able to attend the live event, you can see all the questions and responses below. Q1. Last week it was said that the bank has uncorrelated revenue streams to crypto. Can you explain more about this? Brad Yasar: Yes, of course. Because we are a hybrid defi/cefi business model we do have products and services that are not correlated to crypto, such as banking services, wealth management, etc. It is important to note in a downward crypto market that this helps with our revenue streams. Q2. You also mentioned the long-term vision. How long is this, and where do you see it in that time? Brad Yasar: Long-term vision for me has been where we see EQIFi and the financial sector as a whole in 5 to 10 years. Our goal was to build the EQIFi platform to be the nexus of ALL your financial needs in one easy-to-use place. We understood that this will take considerable investment and time (3 to 5 years) and planned for it. Now we are executing our plans and we are on track to deliver that visi...
Partnership With Simplex Means Anyone With a Credit or Debit Card Can Now Start Using EQIFi
EQIFi is proud to announce our partnership with Simplex, an EU-licensed financial institution and Level 1 Service Provider, which empowers the industry with a full fiat infrastructure. Through this partnership and integration, EQIFi customers can now buy crypto with a credit or debit card. — Some Benefits of EQIFi’s Partnership With Simplex: - Anyone with a credit or debit card can now start using EQIFi, Use your Visa/Mastercard, Apple Pay, or wire transfer for seamless purchases of EQX and 100+ other tokens!, Fiat-to-Crypto payments with a 100% guarantee., EQIFi customers no longer need to rely on confusing exchanges, Users can purchase, send, and/or invest crypto from one platform in minutes, — At EQIFi We’re All About Safety & Security - Simplex, a Nuvei company, processes crypto-to-credit card payments with a 100% guarantee. In cases of a fraudulent chargeback, the merchant would be reimbursed by Simplex. Oh, and Simplex boasts a history of zero risk with no security incidents. — Why Simplex? - Buying crypto with a credit card is one of the most requested features from EQIFi users. We heard you loud and clear! We’ve now made it easier than ever to secure your EQX and start investing. Using your credit card, you can quickly and easily convert fiat into EQX to earn passive income, bypassing complicated exchanges. The dedicated Simplex team is also continually expanding support for more c...
AMA with EQIFi’s CTO — Ioana Frincu
AMA with EQIFi’s CTO — Ioana Frincu - On Friday, 1st of July, EQIFi’s CTO, Ioana Frincu, attended the EQIFi AMA on the Official Telegram channel, talking about what the tech team is working on at the moment, further platform and product updates and EQIFi’s milestones for this year. This was the second AMA session from the weekly series of AMAs hosted by EQIFi’s executive team, aimed at bringing our team closer to the EQIFamily. If you missed the live event, you can check out all the questions and answers below. Q1. Can you give a run down of the Tech team that operates behind the scenes? Ioana Frincu: Our tech team is split between 4 types of developers: backend & blockchain developers, frontend developers, mobile devs, and DevOps. Each group has multiple members and they are split per product. Additionally, we have a product manager and a project manager together with a Quality Assurance team. For example, 1 product can have 2 backend devs, one frontend dev, and 1 mobile dev. We have approximately 20 members in the tech team, management included. Q2. What’s being built currently and what is the priority to be completed? Ioana Frincu: Right now we are working on adding BSC portfolios to the yield aggregator. We are also at the beginning of integrating other blockchains. We will add some new tokens too, starting July. The current market downfall has changed our plans a bit and we had to re-arrange our ...
AMA with EQIFi’s Chairman — Jason Blick
AMA with EQIFi’s Chairman — Jason Blick - EQIFi’s Chairman, Jason Blick attended the AMA on the EQIFi Telegram channel on Friday, 24th of June, providing insights on how EQIFi is setting the standard in the DeFi industry. The AMA lasted for an hour and the EQIFi community got the chance to ask questions about security, product developments and EQIFi’s plans for the future. It was a pleasure to get closer to our users through this session. If you missed the session, we’ve got all the important topics lined up for you. Q1. With the recent events in the industry, with liquidation etc. Can you explain more about how EQIFi is different and how our assets are protected? Jason Blick: This is a two-part question and relates to processes, compliance, technology, HR, and macroeconomic conditions. Let’s start with processes/compliance, as you know, EQIFi and EQIBank benefit from the exceptionally protective feature of operating to Bank level security. This has been the case since 2015 and we have a full Compliance and Security team that ensures all elements of the Group are safe and secure. Ioana might want to comment on the Technology element. Turning to the immediate issue of liquidations, EQIFi has NO exposure to assets that have recently collapsed or risky debt. More specifically, we invest in liquidity provision in DeFi and not lending. We are also insured to US$300M with Ledger Vault. This all helps to make EQIFi...
More EQIFI Token (#EQX) News
|DeFi platform EQIFi introduces new mobile app with yield aggregator
EQIFi, a decentralized finance (DeFi) platform for lending, trading & investing, backed by a regulated bank, has announced the launch of its mobile application, providing enhanced access to the EQIFi product suite.
Notably, the app now provides access to the EQIFi yield aggregator which offers up to 70% APY. Furthermore, the app offers peer-to-peer crypto transfers with zero fees, access to a variety of crypto wallets, and the ability to make purchases in crypto through DeFi credit cards.
App users have access to a variety of blockchains including Bitcoin (BTC), Ethereum (ETH, USDT, EQX, USDC), and Binance Smart Chain (EQX, and soon BNB). Users can engage with the yield aggregator product through their BTC, ETH, USDT, and USDC holdings directly on the app.
“The app will allow users to interact with EQIFi’s Yield Aggregator (which brings up to 70% APY), zero-fee P2P transfers, staking, and a state-of-the-art wallet ”
- Ioana Frincu, CTO of EQIFi
In addition to this, users have increased access to EQIFi’s native EQX token.
EQX allows for in-app access to the EQIFi product suite, staking rewards, increased LTV, and bonus APY. Custody for user assets on the EQIFi app is provided in partnership with Ledger.
EQIFi's app is available to download now on Google Play and soon from the App Store.
The post DeFi platform EQIFi introduces new mobile app with yield aggregator appeared first on CryptoNinjas.