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        <title>Equinox Finance</title>
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        <description>The only place to witness an equinox in the DeFi. </description>
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            <title><![CDATA[Witness an equinox in the DeFi.. ]]></title>
            <link>https://paragraph.com/@equinox-finance/witness-an-equinox-in-the-defi</link>
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            <pubDate>Tue, 01 Mar 2022 20:26:53 GMT</pubDate>
            <description><![CDATA[An equinox is traditionally the date at which the sun crosses the celestial equator, around 20 March and 23 September; when day and night are of approximately equal length.Balanced, as all things should be… It reminds me of something. Yes, it reminds me of all the protocols, generating APY as big as B.I.G (rip legend), diluting the supply, creating an enormous sell pressure on the protocol’s shoulders, totally unbalanced. I particularly have in my sights, Node protocols, or any creature resse...]]></description>
            <content:encoded><![CDATA[<blockquote><p>An equinox is traditionally the date at which the sun crosses the celestial equator, around <strong>20 March</strong> and 23 September; when day and night are of approximately <strong>equal</strong> length.</p></blockquote><p><strong>Balanced</strong>, as all things should be… It reminds me of something. Yes, it reminds me of all the protocols, generating APY as big as B.I.G (rip legend), diluting the supply, creating an enormous sell pressure on the protocol’s shoulders, totally unbalanced.</p><p>I particularly have in my sights, Node protocols, or any creature ressembling it.</p><p>What would happen if we could <strong>link</strong> the rewards of the node or NFT to the success of the protocol ?</p><p>On the scale of the universe probably nothing, not gonna lie. But on the scale of the DeFi, it could probably be huge because it could be the first time a project experiments such stability; <strong>the first equinox in the DeFi</strong>. That’s the main purpose of <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://twitter.com/Equinox_Fi">Equinox Fi</a>.</p><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/6f4daa554ab4ec35209156d48d56f793341d271daf8fb70277ce0ab1fb925539.png" alt="Don&apos;t worry, Equinox Fi will take care of the show for you. " blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="">Don&apos;t worry, Equinox Fi will take care of the show for you.</figcaption></figure><p><strong>“But daddy dear, how are you gonna make this” you’ll say ? By linking a reflective token and its utility, to NFT, DAO (for real this time) and DaaS (DeFi as a Service).</strong></p><pre data-type="codeBlock" text="There are 8 moon phases  
"><code>There <span class="hljs-keyword">are</span> <span class="hljs-number">8</span> moon phases  
</code></pre><ol><li><p>First moon phase, <strong>KYC</strong></p><blockquote><p>The Team will, before any launch, set up a KYC (with either RugDoc or 0xGuard). Liquidity will be locked on DxLock, Team will also have a low or even 0% of the token’s allocation.</p></blockquote></li><li><p>Second moon phase, <strong>NFT</strong></p><blockquote><p>NFT holders, will not receive any APY, but dividends, since this one is totally linked to the earnings of the protocol. How ? Every purshase of $EQNX (Equinox Fi’s currency) will be taxed (remember, reflection). A part of this tax, more precisely 1.5% of the purshase, will be divided among the NFT holders. Lifetime earnings, for the first time in the DeFi’s history, linked to the success of the protocol.</p><p>The NFT will have an affordable price and will be marketable on OpenSea. With a low supply, giving high return.</p></blockquote></li><li><p>Third phase, <strong>Fair launch</strong></p><blockquote><p>“I don’t like token’s presale. It&apos;s coarse and rough and irritating and it gets everywhere. Not like here. Here everything is soft and smooth, and fair.” Has said Anakin Moonwalker. We also agree with Anakin. Moreover, no stealth launch since we don’t want a stealth success.</p><p>Add to this, an anti-bot system, and a measure to avoid swing-trades, and we are all set.</p></blockquote></li><li><p>Fourth phase, <strong>reflection</strong></p><blockquote><p>Every Node protocols have now some reflection in its dull blood. But it only serves to sustain some unsustainable APY, always decreasing to extend the lifetime of these stillborns.</p><p>Reflection will here serve to reward NFT supporters and $EQNX holders. It will here grow the Community Vault, allowing it to invest in the Polygon environment, cashing in some generous benefits, immediately returned to $EQNX and NFT holders thanks to buy-backs and burns. You should also note that $EQNX holders will receive 5% of every purshase and every sell.</p></blockquote></li><li><p>Fifth phase, <strong>DAO</strong></p><blockquote><p>Every decision, from where to invest with the Community Vault, to which underwear the team should wear, will be taken like a true DAO, using <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://snapshot.org/#/">Snapshot.</a></p></blockquote></li><li><p>Sixth moon phase, <strong>Polygon</strong></p><blockquote><p>We will launch <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://twitter.com/Equinox_Fi">Equinox Fi</a> on Polygon, which is one of the fastest if not the fastest, cheapest and safest Layers-2. Polygon is still underutilized, and is considered like one of the most promising altcoin in 2022.</p><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://twitter.com/Equinox_Fi">Equinox Fi</a> will be the trigger for Polygon’s meteoric rise in 2022. It&apos;s a bit presumptuous, but we are aiming for the stars after all.</p></blockquote></li><li><p>Seventh phase, <strong>Simplicity</strong></p><blockquote><p>A token taxed, but giving extra-rewards, sustainable, directly linked to the success of the protocol. A NFT, beautifully designed, earning lifetime dividends in a new way. A DAO, mechanized by you, who are reading. And a protocol investing where you want, in the DeFi’s bluechips. Smells like success to me.</p></blockquote></li><li><p>Eighth and last phase of the moon, the <strong>[Redacted]</strong></p></li></ol><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/13812774caf97829a512e78dd01f54256d23c7bec0f4a1fe5f0c9fe38ea295ec.png" alt="" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="hide-figcaption"></figcaption></figure><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://twitter.com/Equinox_Fi">https://twitter.com/Equinox_Fi</a></p>]]></content:encoded>
            <author>equinox-finance@newsletter.paragraph.com (Equinox Finance)</author>
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