DeFi 1.0 experiences infrastructural hurdles

• Users need to pledge $200 to borrow $100                     

Most lending protocols require heavy over-collateralization. The cushion is needed to absorb potential price slippage during auctions to liquidate collateral of failed loans.

• Liquidations via auctions are risky

90% of collateral locked on Ethereum is subject to possible auctions. There might be no arbitrageurs willing to buy liquidated assets even at a discount, which puts the solvency of lending protocols at significant risk. 

• Borrowers can't utilize their loans directly in lending protocols 

Most loans in popular money markets (AAVE and Compound) are taken in major stablecoins for new investment opportunities. But users need to switch to other applications as there is no trading functionality on the initial platforms.  

• DeFi liquidity is fragmented across multiple networks

Due to the lack of seamless cross-chain transfers in major DeFi protocols, a big part of the ecosystem remains underutilized.

Cross-chain, all-in-one platform to earn, borrow, and trade at max efficiency

Equilibrium introduces the first DeFi 2.0 protocol on Polkadot with novel on-chain approach to risk and pricing for asset portfolios. It enables borrowing with minimum colateralization as low as 105% and margin trading with up to 20X leverage. 

These moderate collateralization requirements are implemented through an innovative bailout mechanism for liquidations that is low friction and doesn't require auctions. Instead, the insurers (or bailsmen) simply take over liquidated collateral and debt obligations of failed loans. As such, the illiquidity risk is offloaded to bailsmen who are compensated to take this risk.

The platform also offers a wide spectrum of earning opportunities for liquidity providers and institutional investors:

• DeFi-like income on staking in lending and market making pools

• Up to 80% of overall borrower interest on securing loans via bailouts

• Trading volume rewards and free inventory for market making 

Built on Polkadot, Equilibrium is naturally cross-chain interoperable with major blockchains including Ethereum and Bitcoin. Interoperability facilitates value transfers and long-term liquidity influx from other ecosystems. 

Built for DeFi natives, accessible to everyone

Equilibrium is the first to combine a full-fledged cross-chain money market and an orderbook DEX with margin trading. Both products complement each other, simplifying user experience and sharing the same liquidity pools for funding. It creates a synergetic effect and enhances liquidity depth.

Our product line can be captured as follows:

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Money market
Pooled lending protocol with high leverage

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Orderbook DEX
Spot market and perpetuals with margin trading

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Synthetic assets
A set of synthetic assets backed by digital collateral

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What sets us apart?

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Equilibrium draws on innovative financial engineering built in alignment with the Polkadot blockchain platform. Some of these innovations are already the best practice in traditional finance; but here they are implemented in DeFi for the first time, primarily due to technical limitations in heterogeneous blockchains.

Here is what we bring to the table: 

EQ token fuels Equilibrium parachain

We are introducing a new advanced native asset that works on any blockchain bridged with Polkadot.

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Key features

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How EQ is compared to governance
tokens of other DeFi platforms:

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Tokenomics

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Initial allocation of EQ will amount to 12B tokens:

EQ token supply distribution in a 5-year projection:

Equilibrium is already a Polkadot parachain

Our team has been building Equilibrium for more than two years—since February 2020. We have made many exciting technical- and business-side achievements during this period, and there is more to come on our roadmap.

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Key milestones
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Timeline
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To date:

From Q2 2022:

How bailouts work

Bailsmen earn on taking risks in Equilibrium

• They provide liquidity in advance
• Earn a substantial share of interest paid by borrowers
• Take debt obligations in case of margin calls
• Can withdraw funds only after bad debt repayment

TVL on 'alternative' networks is maturing; Polkadot is waiting in the wings

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Dominance in value locked on major blockchains

Ethereum — $125.33B TVL (55.44% dominance)

‘Alternative’ chains — $100.96B TVL (44.66% dominance)

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Factors of a TVL spike on Polkadot

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$2.15T Crypto market cap

• We operate at the nexus of the most dynamic DeFi segments
• TVL in Lending protocols, spot & derivative markets currently amounts to an impressive $154M.

Serviceable available market has $154B in TVL*

Total addressable market is $2.15T*

* As of April 4, 2022

Improving on the key features of top DeFi platforms

Each listed competitor has made a breakthrough in a particular area. Equilibrium combines these features in a platform that delivers the best user value and system stability.

5 reasons why Equilibrium will revolutionize DeFi

1. Cross-chain compatibility to unlock full DeFi potential
2. Low collateral and margin requirements
3. Maximum liquidity - solving DeFi’s chronic liquidity issues
4. First to combine a money market and DEX with margin trading
5. Built by DeFi veterans - proven track record of success
   
   

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Go-to-market strategy

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$8M + 250k DOT
raised to date

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Previous investment rounds

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Backed by

Equilibrium is led by an international team of financial and software engineers who are passionate about developing better, more complete digital asset markets.

We bring together a wealth of best practices from our experience in leading companies.

Leadership

Advisory board

This notice should not be construed as an offering of securities or as investment advice or any recommendation as to an investment or other strategy by Republic Core LLC (“Republic Core”) or Republic Crypto LLC d/b/a Republic Advisory Services (“Republic Advisory Services”) or any of their affiliates. Republic Core is being compensated $300,000 and Republic Advisory Services is being compensated 10,453,000 tokens ($.0287 per token). Neither Republic Core nor Republic Advisory Services nor any of their affiliates has independently verified any of the information provided or makes any assurances as to the completeness, accuracy or reliability of any such information provided by Ingressus Limited, a British Virgin Islands company. This web page may contain external links to third-party content (content hosted on sites unaffiliated with Republic Core or Republic Advisory Services), and neither Republic Core nor Republic Advisory Services nor any of their affiliates makes any representations whatsoever regarding any third-party content/sites that may be accessible directly or indirectly from this post. Linking to any such third-party sites in no way implies or constitutes an endorsement or affiliation of any kind between Republic Core or Republic Advisory Services (or any of its affiliates) and any third-party. Republic Core and Republic Advisory Services are subsidiaries within a family of companies owned by OpenDeal Inc. (together sometimes referred to as "Republic"). Republic and its affiliates do not provide tax, accounting or legal advice — all recipients are advised to consult with their own advisers.

Neither Republic Core LLC nor Republic Crypto LLC d/b/a Republic Advisory Services (“Republic Advisory Services”)  nor any of their affiliates has independently verified any of the information provided or makes any assurances as to the completeness, accuracy or reliability of any such information provided by the Company.

Statements contained on this page are based on current expectations, estimates, projections, opinions and beliefs of the Ingressus Limited, a British Virgin Islands company with limited liability incorporate (the “Issuer”) as of the date hereof unless stated otherwise.  Such statements involve known and unknown risks and uncertainties, and undue reliance should not be placed thereon.  Neither the Issuer nor any of its affiliates makes any representation or warranty, express or implied, as to the accuracy or completeness of the information contained herein and nothing contained herein should be relied upon as a promise or representation as to past or future performance. Certain information contained herein constitutes “forward-looking statements,” which can be identified by the use of terms such as “may,” “will,” “should,” “could,” “would,” “predicts,” “potential,” “continue,” “expects,” “anticipates,” “projects,” “future,” “targets,” “intends,” “plans,” “believes,” “estimates” (or the negatives thereof) or other variations thereon or comparable terminology.  Forward looking statements are subject to a number of risks and uncertainties, some of which are beyond the control of the Issuer. including, among other things, the risks listed in the private placement memorandum.

Actual results, performance, prospects or opportunities could differ materially from those expressed in or implied by the forward-looking statements.  Additional risks of which the Issuer is not currently aware also could cause actual results to differ.  In light of these risks, uncertainties and assumptions, prospective investors should not place undue reliance on any forward-looking statements.  The forward-looking events discussed in herein may not occur.  The Issuer undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Certain projections herein, including projected adoption of the EQP Token and Equilibrium ecosystem, set forth herein contain projections, assumptions and expectations with respect to the performance of the EQP Token and Equilibrium ecosystem.  These projections and hypothetical returns have been prepared and are set out for illustrative purposes only, and do not constitute forecasts.

They have been prepared based on the Issuer’s current view in relation to future events and various assumptions and estimations, including estimates and assumptions with respect to events that have not occurred, any of which may prove incorrect.  While the projections are based on assumptions and estimations that the Issuer believes are reasonable under the circumstances, they are subject to uncertainties. None of the Issuer nor its affiliates or any of their respective directors, officers, employees, partners, shareholders, advisers and agents of any the foregoing makes any assurance, representation or warranty as to the accuracy of such hypothetical illustrations. Nothing contained in therein may be relied upon as a guarantee, promise or forecast or a representation as to the future.  A broad range of risk factors could cause the EQP Token or Equilibrium ecosystem to fail to meet its objectives, including those described in the risk factor section in the applicable private placement memorandum. Certain pages may be hosted by Republic Core LLC, a technology provider within the Republic Ecosystem. Republic Core LLC is neither a broker dealer, funding portal nor an investment adviser. NEITHER REPUBLIC CORE NOR REPUBLIC ADVISORY SERVICES HAS ANY RESPONSIBILITY FOR THE ACCURACY AND COMPLETENESS OF ANY INFORMATION RECEIVED FROM THE ISSUER, THE EQUILIBRIUM TEAM, THEIR USERS, OR OTHER THIRD PARTIES.