DeFi Derivatives – 2021 is Set to Be a Landmark Year for Growth
The DeFi derivatives market is set to explode in 2021, allowing traders and investors to make huge returns To [...]
Community Powered Global Banking
By harnessing the power of DeFi technology, EQIFI is positioned to become an industry world leader. Through blockchain technology, EQIFI democratizes financial products previously only available to the privileged few.
A global DeFi alternative to traditional financial products.
The Solution
EQIFI is a decentralized protocol for pooled lending, borrowing, and investing for ETH, ERC-20 tokens including wBTC, Stablecoins, and select fiat currencies. It provides a single uniform platform for DeFi products with EQIBank bank accounts, loans, custody, debit and credit cards, OTC, and wealth management.
Fixed Term Products
Variable Rate Products
Interest Rate Swaps (Refinancing)
Yield Aggregator
Key Features
Fixed term products
Variable rate lending products
Interest rate swaps 1
Provide a competitive high yield at scale with up to 20% APY2
ETH, ERC-20s including wBTC, Stablecoins, USD, GBP, and EUR accepted
World-class fiat on-ramps and off-ramps
First DeFi platform partnered with a licensed bank
Multi-currency bank accounts and credit cards
Insurance for under collateralized loans3
Community-based governance
Community votes on monetization strategy
Low fees and higher LTVs
1 Subject to availability
2 APY stands for the Annual Percentage Yield
3 Subject to availability
Market Analysis
Money in the form of investments, derivatives and other financial instruments. exceeds $1.2 quadrillion with cryptocurrency making up just US1.7 trillion.
DeFi rose from less than $1Bn at the start of June 2020 to $13Bn at the end of the year and over $93 billion in March 2021.
Global lending market is expected to reach $9.77 trillion in 2025 at a CAGR of 6%.
The global interest rate swap market is worth over $542 trillion.
Some $17.4 billion in assets are currently locked in lending markets with MakerDAO being the largest at $6.54Bn total value locked (TVL).
Global bank assets grew to $134.1 trillion with a projected Compound Annual Growth Rate (CAGR) of 8%.
The Bank of England estimates that the global leveraged loan market is about $2.2 trillion. Yet the global peer-to-peer (P2P) lending market size is tiny, estimated at $67.93B and is expected to reach $558.91Bn by 2027, rising at a CAGR of 29.7% between 2020 and 2027.
Digital banking is expected to grow from $7Bn to $9 trillion by 2024.
Governance
The community has full control over all core functions, including but not limited to:
Listing or delisting new tokens and asset types
Adjusting interest rates per the market
Adjusting collateral limits
Choosing a new administration
Governance Voting:
Any holder of 800,000 or more EQIFI Tokens may propose governance actions in executable code.
The community then has 72 hours to vote on the change.
If a majority vote is secured, the outcome is logged in Time Lock and will be executed after three days.
Team
Jason Blick
Chairman
Brad Yasar
Chief Executive Officer
Ioana Frincu
Chief Technology Officer
Adam Kniec
Chief Financial Officer
Christopher Burke
Chief Investment Officer
Edwin Carlson
Chief Operating Officer
Eli Taranto
Chief Business Dev. Officer
Mike Taratuta
VP Engineering
Frank Frausto
Head of Marketing
David Cullinan
Marketing
Tokenomics
Token Features
Bonus APY
Token holders earn up to 25% APY and passive returns with EQX Tokens.
Liquidity Mining
Token holders receive interest based on the length of time tokens are staked in liquidity pools.
Community-based Governance
Token holders may take part in voting for new features on the platform.
Higher LTVs
Token holders get better LTV based on the number of EQX they have.
Early Adopters Bonus
The first 10,000 early adopters receive rewards for joining the platform.
Staking Bonus
Token holders who stake their tokens receive preferential bonuses in the form of rewards.
Priority Bank Accounts
Token holders have priority access to bank accounts.
Reduced Fees
Token Holders have reduced fees on the platform.
Higher Limits
Token holders enjoy higher limits on the defi products.
Better Rates
Token holders receive better rates on the platform.
Allocations
