DeFi platform EQIFI will provide Tezos (XTZ) mortgage and lending »CryptoNinjas
EQIFI, a regulated and licensed decentralized financial platform, today announced its support Tezos blockchain ecosystem.
EQIFI is supported by EQIBank, a licensed and regulated digital bank, and operates under a community-centric decentralized standard through its native EQX token. This allows community members to provide opinions on decisions such as listing and delisting assets and tokens, adjusting interest rates based on the market, and modifying collateral limits.
“The products provided with industry leaders such as Tezos mark EQIFI’s benchmark in the DeFi field. Providing Tezos holders with collateral and borrowing opportunities is just the next step in positioning EQIFI as an industry leader.”
– Jason Blick, Chairman of EQIFI
Tezos is one of the first layer blockchains of the original proof-of-stake smart contract. Since its launch in 2017, it has successfully upgraded 7 times, recorded millions of transactions, and attracted a vibrant global community. Developers can easily build powerful tools and products, and new users can explore NFT, DeFi, DAO, etc. in hundreds of decentralized applications running on Tezos.
Tezos’ Proof of Stake design means that it can operate in an energy-efficient manner and consumes 2 million times less energy than the popular Proof of Work network-which makes it an ideal platform for building energy-efficient and sustainable blockchain applications.
EQIBank provides competitive interest rates, 24/7 service, trustworthy security, and an innovative and simple online global banking experience. EQIBank provides bank accounts, loans, custody, debit and credit cards, counter and wealth management services to EQIFI and all its qualified customers.