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.

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

¹Subject to availability
²APY stands for the Annual Percentage Yield
³Subject 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.