Partnership Between Equalizer and SakeSwap, Added SAKE-ETH Trading Pair With 1.5X Rewards
Dear Community Members,
Equalizer has reached a partnership with SakeSwap and has added SAKE-ETH trading pair. Currently, it provides 1.5 times liquidity mining rewards. We welcome all CWT holders to participate in mining. Meantime, SakeSwap also added EQL-ETH trading pair. All EQL holders can participate in liquidity mining at SakeSwap too. The two parties also agreed to expand new projects together in the future to achieve win-win cooperation.
At Equalizer, trading pairs can be added freely, and the governance token will be distributed intelligently by the activities, without subjective distributions by any person. Any projects can add trading pairs on Equalizer and earn liquidity mining rewards. We welcome more projects to add trading pairs on Equalizer.
SakeSwap is the dex that can support LPs capturing slippage as income and meanwhile, support users trading incentives. Compared with the same trade volume, SakeSwap LP can earn higher return APY.
Equalizer — on the basis of having the mainstream functions of DEX, we added major innovations that maximize value capturing of governance tokens with equal and self-adjusting token distribution. The supply of liquidity mining rewards has grown more slowly, and a back and burn mechanism has been added. Trading pairs can be added freely, and the governance token will be distributed intelligently by the activities, without subjective distributions by any person. The trading fee ratio is initially set at 0.3%, of which 0.15% will be allocated to LP, and 0.15% will be used to buy back EQL and burn. Users can burn EQL directly to make a specific trading pair obtain more EQL in the next round. Equalizer’s code was audited by NCC’s Cryptography Services Group.