TomoChain x Equalizer Partnership

Published on: 17.05.2021
TomoChain x Equalizer Partnership

TomoChain partners with Equalizer to expand in a new market and significantly boost its usage, while providing TomoChain with its loan offers.

The increasing usage of TomoChain also increases the transaction volume on the chain. Thus, as a flash lending platform, Equalizer wishes to tap into the growing community of TomoChain through our partnership and enable users to take flash loans and benefit from the increasing arbitrage opportunities. Moreover, users will also be able to get instant flash loans and use them for collateral, swapping, portfolio rebalancing, liquidations, and other use cases.

“Flash lending is already a huge part of the DeFi ecosystem and with Equalizer, we want to offer a dedicated flash lending platform that is compatible across multiple blockchains,” affirms Equalizer’s project lead Iulian Nita. “We are confident that our partnership with TomoChain will be of immense value for the users on the network. In the near future, we also look forward to integrating our platform with other promising blockchains.”

What is TomoChain?

TomoChain is a scalable blockchain-powered via Proof-of-Stake Voting consensus and used commercially by companies globally.

Their mission is to accelerate the onboarding of millions of usners by empowering today’s applications with technology that masks the friction of Blockchain, all while retaining its underlying benefits.

What is Equalizer?

Equalizer is the first dedicated flash loan marketplace built on top of a scalable infrastructure that can handle the rising demand of decentralized lending and borrowing and that can boost the trading volume of any listed asset. 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 multi-chain capabilities.

📰 INFO:

https://medium.com/tomochain/tomochain-partners-with-equalizer-to-offer-flash-loan-services-to-the-blockchains-growing-847caeae5685

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