Reserve factor
With lending15%
of the interest borrowers pay
Borrowers pay interest to USDC lenders. A slice of it goes to the protocol, as on Aave and Morpho.
Tokenomics
Real fees. Shared back.
EQTY plans to earn from lending and swaps, not from emissions. $EQTY holders borrow for less, and stakers back lenders and take a share of the fees.
- Chain
- Elysium
- Launch venue
- Volta
- Contract address
- Announced at launch
- Supply
- Announced at launch
- Allocations
- Announced at launch
Not launched yet. Only trust the contract address posted by @eqtyfinance.
Revenue
Where the money comes from.
Four planned fee streams. Three switch on with EQTY lending, one with the EQTY swap interface.
Borrow fee
With lending0.5%
once, on each USDC borrow
Charged when a loan opens. Lower for holders and stakers. Repaying and withdrawing stay free.
Liquidation share
With lending10%
of every liquidation bonus
Liquidators keep most of the bonus for closing unhealthy loans. The protocol keeps a tenth.
Swap interface fee
With swap0.2%
on swaps through EQTY
Buy and sell xStocks without leaving EQTY, routed through Volta pools. Only on swaps made in the EQTY interface.
Example year
≈ $322,000
Protocol revenue with $10,000,000 borrowed on average, before liquidations. Made-up volumes to show the mechanics, not a forecast.
- Reserve factor · 15% of $680,000 interest$102,000
- Borrow fee · 0.5% of $20,000,000 new loans$100,000
- Swap fee · 0.2% of $60,000,000 swapped$120,000
Distribution
Where the money goes.
Every dollar of protocol revenue is planned to be split three ways, on-chain.
40%
30%
30%
Safety Module stakers
Paid in USDC to $EQTY stakers, for backing lenders against bad debt.
Buyback & burn
Buys $EQTY on Volta and burns it.
Treasury
Audits, oracles, protocol-owned liquidity and growth.
For $EQTY holders
Holding pays.
Hold to borrow for less. Stake to back the protocol and earn from it.
6.8%4.8%
Lower interest
A lower USDC borrow rate for as long as you hold or stake.
0.50%0.25%
Half the borrow fee
The one-time fee on each new loan drops with every tier.
Safety Module
Stake, back lenders, earn
Staked $EQTY covers bad debt, up to 30% of a stake. In return, stakers take 40% of protocol revenue in USDC.
No tier raises max LTV. Holding the token makes loans cheaper, never riskier for the people lending the USDC.
Hold more, unlock more.
Three tiers. Thresholds are announced at launch.
Tier 1
Base
Everyone
- Borrow rate
- 6.8%
- Borrow fee
- 0.50%
- Points
- 1×
- Revenue share
Tier 2
Holder
Hold $EQTY · threshold at launch
- Borrow rate
- 5.8%
- Borrow fee
- 0.35%
- Points
- 1.5×
- Revenue share
Tier 3
Staker
Stake $EQTY in the Safety Module
- Borrow rate
- 4.8%
- Borrow fee
- 0.25%
- Points
- 2×
- Revenue share
Season 0 · planned
Early users count.
Before $EQTY launches, a points programme is planned to track who brings stocks and liquidity to Elysium. Points are planned to count toward the launch allocation.
- 01
Hold xStocks on Elysium
Points for every dollar of wrapped xStocks held on Elysium, per day.
- 02
Provide liquidity on Volta
More points per dollar for liquidity in xStock pools on Elysium.
- 03
Borrow and lend
Once lending opens: points for USDC supplied and borrowed.
The fine print.
$EQTY is not a share. Holding it gives no claim on EQTY or its profits. Staking rewards are paid for taking on risk: a staked balance can be cut to cover bad debt.
Nothing on this page is live. Supply, allocations, the contract address, every rate, fee, split and tier, and the points programme are planned and can change or be dropped. Rewards are not guaranteed.
Nothing here is investment advice. Tokens are volatile and can lose all of their value.
Buy wrapped xStocks on Volta today. Lending opens at launch.