Launch Details
What To Expect
This expansion is a strategic move that aims to generate new revenue opportunities for Equalizer.
Our key goal is to build a sustainable future leveraging the power of L2 technology, building upon our current success and community.
Why BASE
The decision to expand to BASE Chain is not a random choice. The BASE Chain comes with a list of opportunities that we believe are beneficial for our users and platform. Here’s why we’re excited:
BASE is a Layer 2 solution that has gained significant attention from the crypto community. Its ambitious goal of becoming the leading Layer 2 with the backing of Coinbase, providing a foundation of stability for our expansion.
We see the potential for BASE to become the industry’s leading Layer 2 solution. We believe being part of this journey will provide immense opportunities for our users.
Utilizing the OP Technology Stack, Base Chain presents a unique advantage for our expansion. This technology stack has proven efficient and reliable, which aligns with our commitment to offer our community the best experiences in DeFi.
Distribution
As a supporter of EQUAL, you will continue to enjoy the system on FTM. We also recognize the value you bring to our platform, and we intend to ensure that your support is well compensated with our dedication to continuing to support the current chain.
At Equalizer, we firmly believe in acknowledging and rewarding the unwavering support of our community members. As we take this leap to Base Chain, our current veEQUAL token holders won’t be left behind. Instead, they will be rewarded for their continued support on FTM which will run in tandem with our new deployment.
The Launch Liquidity Sequence
Our launch on Base Chain will be executed in a phased manner to ensure stability and safety. Here’s how the liquidity sequence will unfold:
- Initial Liquidity Pool Setup: We’ll set up the initial liquidity pool with a combination of SCALE and ETH. This will serve as the primary source for purchasing SCALE.
- SCALE Swap Fees: We will be setting up our liquidity pool to have a time reducing fee structure. Trade Fees on SCALE/ETH pair will start at 99% Fees and slowly be ramped down to 2% over the first 60 minutes of launch.
- Expansion of Pairs: As the ecosystem grows, we’ll introduce more trading pairs based on market dynamics.