Equalizer Brings Flash Loans to the Oasis Network with Latest Partnership
We are extremely thrilled to announce that Equalizer is partnering with the privacy-enabled blockchain Oasis Network, which is redefining decentralized finance as we know it.
The DeFi revolution started from the Ethereum network but it today extends far beyond it. There are multiple blockchains that are solving the challenges faced by Ethereum and other older generation blockchains. This is why DeFi is growing at a rapid rate across these new generation blockchains, such as Oasis Network, that offer better scalability, security, privacy, and a band of other additional features.
At Equalizer, it has been our vision to enable the functionalities of easy flash loans across major blockchains that are furthering the concepts and applications of DeFi. Through our partnership with Oasis Network, we will be able to tap into its burgeoning DeFi economy and ensure that the network users can seamlessly access flash loans through a dedicated service provider. By smoothly securing flash loans for a low fee, users will be able to use them for several purposes including, but not limited to, arbitrage, collateral swapping, and liquidations and portfolio rebalancing.
“We are at the very beginning of the DeFi revolution and flash loans have clearly found their place in this new financial paradigm,” said Iulian Nita, the project lead at Equalizer. “Given the rising interest in flash loans, we believe we’re early to the game and our integration with prominent blockchains such as Oasis Network will certainly provide us the leverage necessary to stand out as a dedicated flash loan service. We now look forward to offering the best flash loan service to the users of Oasis Network.”
Our partnership with Oasis Network and other blockchains will also expose flash loans and Equalizer’s dedicated flash loan services to a wider user base and proliferate the platform’s demand.
“Equalizer is bridging a necessary gap in the DeFi space and we are sure that its services will largely benefit Oasis Network users. We are excited about this partnership and to unravel the many opportunities that are to come in DeFi,” said Linda Lu, Business Development and Partnerships Lead at Oasis.
About Oasis Network
Designed for the next generation of blockchain, the Oasis Network is the first privacy-enabled blockchain platform for open finance and a responsible data economy. Combined with its high throughput and secure architecture, the Oasis Network is able to power private, scalable DeFi, revolutionizing open finance and expanding it beyond traders and early adopters to a mass market. Its unique privacy features can not only redefine DeFi but also create a new type of digital asset called Tokenized Data that can enable users to take control of the data they generate and earn rewards for staking it with applications — creating the first-ever responsible data economy.
Equalizer is the first dedicated flash loan marketplace built on top of a multi-chain infrastructure that can handle the rising demand of decentralized lending and borrowing, which can boost any listed asset’s trading volume. It offers top benefits over the popular do-it-all DeFi protocols and sets itself a class apart by offering lower fees, a virtually unlimited choice of token vaults, high liquidity through yield farming, and scalable infrastructure.