Major Increase in EQB Coin Price
Along with the TVL growth, the price of the main network asset, EQB coin, has also seen a remarkable rise. Since September, EQB coin has increased by 105%, climbing from 0.17 dollars to 0.35 dollars, offering users real yield opportunities.
Users locking EQB coins can benefit from various advantages through vlEQB, including reward incentives, voting rights, and staking rewards. All these factors contribute to increased community participation and bolster Equilibria’s user base.
Incentive Rewards and Locked EQB Rate Increase
Since September, Equilibria has distributed approximately 170,000 dollars in incentive rewards and BTCfi points. A significant portion of these rewards originated from BTC protocols like Solv Protocol, Bedrock, and PumpBTC. These rewards provide additional earning opportunities for vlEQB holders while strengthening community interaction within the protocol.
Currently, 62% of circulating EQB coins are locked, corresponding to 19.84% of the total supply. The rising demand in the market highlights the interest in vlEQB and underscores the protocol’s importance.
Furthermore, Equilibria continues to emphasize top-tier security measures within the DeFi space. The protocol has stated its commitment to enhancing security, reinforcing its dedication to user safety.
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