Equalizer will launch its IDO on Ignition soon!

We are excited to announce that Equalizer, a next-generation flash loan marketplace bringing together liquidity providers and borrowers, will join our exclusive list of IDO’s and soon launch on our Ignition launchpad.

Whitelist Start: April 01, 2021, 1PM UTC

Whitelist Close: April 05, 2021,5AM UTC

Equalizer on Ignition: April 09, 2021

Don’t miss your opportunity to whitelist now HERE.*

What are Flash Loans?

Flash loans are unique to blockchain and rely on three basic principles; they carry no risk for the lender, the loan’s size is limited by the funds available and not by the user’s solvability. As the lender undertakes no risk, there is no need for collateral to cover the risk. Their benefit is that users can borrow capital easily and instantly from a vault; however, they depend on the required amount being returned to the vault within one transaction block. If this does not take place, an undo procedure will execute, reversing the transaction. This guarantees the safety of those who are providing liquidity and the funds available in each vault. Flash loans are often used for investment actions such as arbitrage trading, collateral swapping, rebalance, liquidation and more.

Equalizing the Marketplace and Raising liquidity for Flash Loans

Equalizer is changing the game by building a solid infrastructure that will bring inexpensive and reliable flash lending services to the DeFi space. The project is the first dedicated platform that will raise collateral for such loans by incentivizing providers with passive income streams for the same token they have provided as liquidity and giving them Equalizer governance tokens proportional to their funds and the lending duration.

Flash loans are essential for the future growth and stability of the DeFi ecosystem, allowing this very ecosystem to scale more rapidly. Borrowers of these loans will have access to a range of highly liquid tokens. They can use funds to trade, quickly execute market-making activities and take advantage of liquidation opportunities. 3rd-party applications can also utilize liquidity pools on the platform to rebalance their portfolios or provide short-term collateral for DeFi services such as lending, deposits and interest swaps.

A DeFi opportunity for Flash Loans

The DeFi market has a locked value of over $40B, with DEXes exponentially increasing their volume to $60B per month and a Flash Loan volume of $700M a month. Equalizer are concentrating on bringing their Flash Loan technology specifically to the DeFi space to benefit a huge variety of undeserved users worldwide by offering low fees, a virtually unlimited selection of token vaults to choose from, high liquidity and multi-chain / cross-chain capabilities.

Whitelist for the Equalizer IDO on Ignition HERE*

*For applications to be considered valid, all applications must adhere to the PAID whitelist lottery rules, must pass PAID Ignition’s KYC process, and adhere to each project’s specific KYC requirements and country restrictions which varies per project on a case to case basis. For a list of Equalizer specific KYC restricted countries click HERE

About Equalizer

Equalizer represents the next-generation flash lending marketplace, bringing together liquidity providers and borrowers. We 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 a plethora of 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).

Website: Equalizer.finance

Twitter: @EqualizerFlash

Telegram: @EqualizerFlash

Telegram Announcements: @EqualizerAnn

Medium: Equalizer Finance

About Ignition

IGNITION is a featured product of PAID Network, operating as a decentralized swapping protocol which allows blockchain-based token projects to offer their private and public auctions. The platform features Ethereum, Binance Smart Chain (BSC), and here shortly, Polkadot functionality.

Ignition is different from other auction platforms in that it properly vets and selects only top-tier cutting-edge projects. Its multi-level incentivization mechanisms for participants of published projects will encourage HODLing that supports both the project founders and the community. It isn’t just a trading platform, it FUELs projects and takes fundraising to the next level.

Ignition brings quality projects, fixed swaps, and equitable lottery participation to the PAID community.

About PAID

PAID Network seeks to redefine the current business contract, litigation, and settlement processes by providing a simple, attorney-free, and cost-friendly DApp for users and businesses to ensure they #GetPAID wherever they are in the world.

PAID technology leverages Plasm to operate on both Ethereum and Polkadot ecosystems. PAID makes businesses exponentially more efficient by building SMART Agreements through smart contracts in order to execute DeFi transactions and business agreements seamlessly.

For any questions for the PAID network, please feel free to reach out to us on:

Telegram: @PaidNetwork

Twitter: @PAID_Network

Medium: @PAIDNetwork