EQIFI ZENDIT: Announcement + Participation & Pool Details

EQX Pool Opens Thursday, August 5th, 12PM UTC

MANTRA
MANTRA
4 min readJul 27, 2021

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Most digital asset consumers today have only limited options for secure custody and banking level access to their digital assets. This is still a major aspect that is missing in the market today. Being one of the pillars with how we’ve built our platform, we take security and Sherpa assets very seriously at MANTRA DAO and believe that secure custody should be available in a secure, yet convenient and user friendly DeFi platform.

This is where EQIFI is filling the gap in the market and they hear your needs! EQIFI is able to analyze complex issues and solve them with simple solutions.

What is EQIFI?

By harnessing the power of DeFi technology, EQIFI is positioned to become an industry world leader. Through blockchain technology, EQIFI will democratize financial products previously only available to the privileged few.

EQIFI will be a decentralized protocol for pooled lending, borrowing, and investing for ETH, ERC-20 tokens including wBTC, Stablecoins, and select fiat currencies. It will provide a single uniform platform for DeFi products with EQIBank bank accounts, loans, custody, debit and credit cards, OTC, and wealth management.

Round Tier and Terms:

  • Public Round Tokens
  • 100% released upon TGE August 6th Time TBD.

EQIFI ZENDIT Pool Details

  • Token Ticker: $EQX
  • Token Type: ERC-20
  • Total Raise Amount: $93,750
  • Total Available Tokens: 625,000 $EQX
  • 1 Pool: Open Sherpa Pool
  • Asset Pool Pair: USDT/EQX
  • USD Price per Token: $0.15

Participation Tiers

*Important — Please note that we have discontinued holding OM as eligibility for all tiers. All previous ZENDIT participants who were holding OM must stake or supply them OM on ZENTEREST to participate in further ZENDITs.

Sherpas will be eligible to enter the highest participation tier they qualify for on a per-wallet basis. One wallet can only participate in one Sherpa tier.

All qualified addresses who sign up will automatically be able to participate in the public tier if they qualify.

Applicants must hold ERC-20 OM only. Supplied OM refers to OM supplied on ZENTEREST or zenOM. Staked OM refers to OM staked in our staking contract or sOM.

Our participation tiers for ZENDIT from highest to lowest are:

Tier 0 OLYMPUS MONS — Supplying 188,000 OM

  • Max Allocation Amount: $5,000

Tier 1 EVEREST — Supplying 50,000 OM

  • Max Allocation Amount: $4,000

Tier 2 ACONCAGUA — Staking/Supplying 40,000 OM

  • Max Allocation Amount: $3,000

Tier 3 DENALI — Staking/Supplying 30,000 OM

  • Max Allocation Amount: $2,000

Tier 4 KILIMANJARO — Staking/Supplying 15,000 OM or holding a “100M OM Staked” NFT

  • Max Allocation Amount: $1,500

Tier 5 ELBRUS — Staking/Supplying 8888 OM or holding a MANTRA DAO PolkaPet.

  • Max Allocation Amount: $1,000

Public Pool — Staking/Supplying 888 OM.

All qualified addresses who sign up will automatically be able to participate in the public tier if they qualify.

  • Max Allocation Amount: $750

Instructions for Whitelisting

  1. Join the EQIFI Telegram community: https://www.t.me/eqifi
  2. Follow MANTRA DAO and EQIFI on Twitter:
    https://twitter.com/eqifi_finance & https://twitter.com/MANTRADAO
  3. Like the announcement tweet of the EQIFI token launch on ZENDIT on the EQIFI Twitter page and retweet!

4. Final step, complete this entry form before Tuesday, August 3rd, 12 PM UTC.

After the whitelist closes on Tuesday, August 3rd, 12 PM UTC, we will be randomly picking a limited number of Sherpas for each tier who will have access to the pools and will be announcing the winners’ ERC-20 wallet addresses via our Twitter and Official News and Announcements on Wednesday, August 4th, 12 PM UTC.

Please note that even if you are randomly selected to access the pool this does NOT guarantee you have an allocation and you will need to act fast in order to take part in the pool!

About MANTRA DAO

MANTRA DAO is a community-governed DeFi platform focusing on Staking, Lending, and Governance. MANTRA DAO leverages the crowd’s wisdom to create a community-governed, transparent, and decentralized ecosystem for web 3.0. Built on Parity Substrate for the Polkadot ecosystem, MANTRA DAO gives financial control back to the people to store and grow wealth together.

Website |Whitepaper |Telegram |Medium |Twitter | LinkedIn | Github

About EQIFI

EQIFI is building a global DeFi alternative for you, delivering more products than any other decentralized system in history. We are on a mission to become the industry world leader in DeFi. Through blockchain technology, EQIFI has the opportunity to democratize financial products previously available to only the privileged few.

EQIFI’s infrastructure is optimized for real-time digital interactions. We are at the forefront, embracing today’s ever-demanding culture for the evolution of digital technologies.

Website | Telegram | Medium | Twitter | Youtube | Reddit

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MANTRA
MANTRA
Editor for

Unlocking the $16 Trillion RWA economy with a regulation-ready blockchain. www.mantrachain.io