Equilibrium’s EOSDT And NUT Join Our Ranks
Nova Wallet X Equilibrium
Greetings, this is NOVA Team.
We are pleased to announce new support for EOSDT and NUT, the core assets of the Equilibrium framework, on our wallet software.
EOSDT is a decentralized stablecoin that enters circulation when Equilibrium users pledge their EOS holdings as collateral. The stablecoin offers its holders a wide range of profitability options that include EOS leveraging, hedging, earning on system balancing, and transaction fees. Thanks to these, Equilibrium is a unique and powerful framework that makes staked assets productive. This price-stable currency is moreover useful for many cases besides leveraging EOS cryptocurrency. For example, it can be used as a quote for currency pairs, for conventional online transacting, and so on.
NUT is the framework’s utility token. It’s the key to providing access to these profitability options and discounts for liquidated positions. It also plays a role in every aspect of the framework’s decentralized governance — because only NUT holders can submit and vote on proposals to change the parameters that drive the framework’s operation. It’s also used for paying any relevant fees.
You can learn more about the Equilibrium framework on the official website. (https://eosdt.com)
