Equilibrium

EQUIL, the native utility token of Equilibrium, serves multiple purposes within its ecosystem. It is primarily used for community governance, allowing token holders to participate in system changes and decision-making processes. EQUIL tokens are also used to pay for transaction fees on the platform, as well as for product fees, and they provide liquidity through Equilibrium's liquidity pools. Additionally, EQUIL token holders can engage in staking opportunities to receive rewards, contributing to the governance and security of the platform. Equilibrium's distribution mechanics highlight a strategic approach to token allocation, aiming to ensure broad public distribution and liquidity in the market.

The official Equilibrium ticker is “EQ” and trades under that name on all the exchanges where it has been listed. The designation “EQUIL” is for CryptoCompare.com only.