Rating: 60% |
Review Date: May 9th, 2021
Equalizer Finance is building a flash lending marketplace that will bring together liquidity providers and borrowers. They want to incentivize liquidity providers by offering them passive income for the same token they have provided as liquidity and giving them Equalizer governance tokens proportional to their funds and the lending duration.
The borrowers (or arbitrageurs) have access to highly liquid tokens. These borrowers can then use the funds to trade, quickly execute market-making activities and take advantage of liquidation opportunities. 3rd-party applications can also benefit from these liquidity pools for rebalancing their portfolio or providing short-term collateral for DeFi services (lending, deposits, interest swaps).
Find out more about DeFi in the Hidden Gems section on our blog.