What are VeNFT’s?

VeNFT’s are voting NFT’s tokens that represent ownership of a vote escrow system based on the algorithm behind them(backed by a locked token) which has been vested (locked). Unlike traditional NFTs, VeNFTs are designed to be liquid, meaning they can be easily bought, sold, and traded. This makes them an attractive investment option for those looking to put their money into the crypto world for a longer duration and earn while doing so. more

Today we would try to elaborate more about EQUALIZER EXCHANGE

Built on the Fantom Chain Equalizer Exchange is a DEX that uses a vote escrowed model to drive Liquidity to the highest volume pairs. Join Our Community. You can call this the Velodrome of the Fantom chain, another similar, fast growing veNFT supported platform which potential is yet to be discovered. Here are some features and what they unique feature they hold.

SWAP:

Just like uniswap or any other decentralized swap you can also make some swaps on the Equalizer Dex and flip some tokens in exchange for another whitelisted token. Although the Equalizer swap function is similar to uniswap it is a little bit different as currently it lives on the Fantom chain. (we hope for a future cross chain integration).

LIQUIDITY: On Equalizer they have a 50-50 pool setup where users pair two tokens together e.g $50 worth of FTM and $50 worth of EQUAL tokens. Now here is how it works: users can either provide liquidity to earn a share of fees when other users make use of the Equalizer Swap feature. There is an algorithm which helps to determine how much a user gets when swaps occur in the dex.

There are 2 types of pool Volatile Pool Static Pool (This would be further discussed)

Now how do Equal incentivise this liquidity? They issue out APR (this refers to the amount of interest one earns when they provide liquidity) and this can be found in the circled corner of the photo below. By doing this users get to decide which pool and APR to go for. Although one needs to understand this feature so as to reduce the risk of impermanent loss ( I would recommend you go through this guide to find out what impermanent loss).

To make this a little bit fun, LP earns EQUAL and voters earn both tokens in the pool they voted for Now you earn rewards in Equal (Equalizer’s Official token). Remember you earn fees from providing liquidity right? You might want to ask what happens to the fees earned from providing liquidity since liquidity rewards are earned in EQUAL? That is where the next feature comes in VESTING

VEST:

This is where it gets a little bit fun filled, you create a lock under the Vest corner of the Equalizer dex. By doing this you lock some Equal tokens either

• 6.5 weeks

• 13 weeks

• 19.5 weeks

• 26 weeks to receive a veEQUAL (Voting power). The veEqual is a wrapped NFT (technically you just wrapped your Equal tokens and the contract gives you the veEQUAL equivalent and an NFT).

When tokens are locked here is how it's being calculated:

• 1 EQUAL locked for 6.5 weeks = 0.25 veEQUAL

• 1 EQUAL locked for 13 weeks = 0.50 veEQUAL

• 1 EQUAL locked for 19.5 weeks = 0.75 veEQUAL

• 1 EQUAL locked for 26 weeks = 1.00 veEQUAL

You make use of your veEQUAL to vote and by doing so you earn REWARDS (this can be found under the rewards corner of the Equalizer Dashboard).

VOTE:

Just as the name implies, you dedicate your veNFT rights by making an independent choice of which pool you would like to vote for. You can also decide to toggle on the APR section to find which pool has a mouth watery APR.In summary here are the steps to be eligible to vote on the Equalizer Platform.

i. Exchange any whitelisted tokens for EQUAL using any supported dex (or better still that can be done on the Equalizer dex)

ii. Vest the Equal token and choose the lock duration of your choice

iii. Vote on any pool of your choice

iv. Earn rewards daily and withdraw at your will

Note: each vote should add up to 100% and the rewards are given out based on the % of votes you have on that pool.

BRIBES: Some people/teams/DAOs/users might post additional rewards for the voters of a specific Pool to lure Voters into voting for their pool. Such rewards are commonly known as Bribes, It is recommended to Vote after a Bribe has been added to earn that bribe.These Rewards will be paid in a lump-sum on upcoming Thursday. Technically users can decide to create a bribe and this would help to incentivise the vote rewards.

REWARDS:

This shows all your accrued earnings based on your votes and VEST’s you can choose to also claim your earnings under this corner. You can choose to claim all at once or claim them individually.

So in summary here is how Equal works, each fee earned from the interactions (swaps) on the Equalizer dex earns all veNFT users a proportion of the fees from the dex at large. So it's ok to see all veNFT holders as having share on Equalizer.

Website: Equalizer || Equalizer Twitter

Twitter: @khrispyshots1

Optional: Feel free to support by collecting this post (it helps to support research while testing dapps)

What are VeNFT’s?

VeNFT’s are voting NFT’s tokens that represent ownership of a vote escrow system based on the algorithm behind them(backed by a locked token) which has been vested (locked). Unlike traditional NFTs, VeNFTs are designed to be liquid, meaning they can be easily bought, sold, and traded. This makes them an attractive investment option for those looking to put their money into the crypto world for a longer duration and earn while doing so. more

Today we would try to elaborate more about EQUALIZER EXCHANGE

Built on the Fantom Chain Equalizer Exchange is a DEX that uses a vote escrowed model to drive Liquidity to the highest volume pairs. Join Our Community. You can call this the Velodrome of the Fantom chain, another similar, fast growing veNFT supported platform which potential is yet to be discovered. Here are some features and what they unique feature they hold.

SWAP:

Just like uniswap or any other decentralized swap you can also make some swaps on the Equalizer Dex and flip some tokens in exchange for another whitelisted token. Although the Equalizer swap function is similar to uniswap it is a little bit different as currently it lives on the Fantom chain. (we hope for a future cross chain integration).

LIQUIDITY: On Equalizer they have a 50-50 pool setup where users pair two tokens together e.g $50 worth of FTM and $50 worth of EQUAL tokens. Now here is how it works: users can either provide liquidity to earn a share of fees when other users make use of the Equalizer Swap feature. There is an algorithm which helps to determine how much a user gets when swaps occur in the dex.

There are 2 types of pool Volatile Pool Static Pool (This would be further discussed)

Now how do Equal incentivise this liquidity? They issue out APR (this refers to the amount of interest one earns when they provide liquidity) and this can be found in the circled corner of the photo below. By doing this users get to decide which pool and APR to go for. Although one needs to understand this feature so as to reduce the risk of impermanent loss ( I would recommend you go through this guide to find out what impermanent loss).

To make this a little bit fun, LP earns EQUAL and voters earn both tokens in the pool they voted for Now you earn rewards in Equal (Equalizer’s Official token). Remember you earn fees from providing liquidity right? You might want to ask what happens to the fees earned from providing liquidity since liquidity rewards are earned in EQUAL? That is where the next feature comes in VESTING

VEST:

This is where it gets a little bit fun filled, you create a lock under the Vest corner of the Equalizer dex. By doing this you lock some Equal tokens either

• 6.5 weeks

• 13 weeks

• 19.5 weeks

• 26 weeks to receive a veEQUAL (Voting power). The veEqual is a wrapped NFT (technically you just wrapped your Equal tokens and the contract gives you the veEQUAL equivalent and an NFT).

When tokens are locked here is how it's being calculated:

• 1 EQUAL locked for 6.5 weeks = 0.25 veEQUAL

• 1 EQUAL locked for 13 weeks = 0.50 veEQUAL

• 1 EQUAL locked for 19.5 weeks = 0.75 veEQUAL

• 1 EQUAL locked for 26 weeks = 1.00 veEQUAL

You make use of your veEQUAL to vote and by doing so you earn REWARDS (this can be found under the rewards corner of the Equalizer Dashboard).

VOTE:

Just as the name implies, you dedicate your veNFT rights by making an independent choice of which pool you would like to vote for. You can also decide to toggle on the APR section to find which pool has a mouth watery APR.In summary here are the steps to be eligible to vote on the Equalizer Platform.

i. Exchange any whitelisted tokens for EQUAL using any supported dex (or better still that can be done on the Equalizer dex)

ii. Vest the Equal token and choose the lock duration of your choice

iii. Vote on any pool of your choice

iv. Earn rewards daily and withdraw at your will

Note: each vote should add up to 100% and the rewards are given out based on the % of votes you have on that pool.

BRIBES: Some people/teams/DAOs/users might post additional rewards for the voters of a specific Pool to lure Voters into voting for their pool. Such rewards are commonly known as Bribes, It is recommended to Vote after a Bribe has been added to earn that bribe.These Rewards will be paid in a lump-sum on upcoming Thursday. Technically users can decide to create a bribe and this would help to incentivise the vote rewards.

REWARDS:

This shows all your accrued earnings based on your votes and VEST’s you can choose to also claim your earnings under this corner. You can choose to claim all at once or claim them individually.

So in summary here is how Equal works, each fee earned from the interactions (swaps) on the Equalizer dex earns all veNFT users a proportion of the fees from the dex at large. So it's ok to see all veNFT holders as having share on Equalizer.

Website: Equalizer || Equalizer Twitter

Twitter: @khrispyshots1

Optional: Feel free to support by collecting this post (it helps to support research while testing dapps)