Huobi Pool As Validator for Equilibrium

Equilibrium announced new validator, Huobi Pool, that will throw its support behind Equilibrium and Genshiro to make block validation in networks even more unbiased and reliable.

Validators verify that the information contained in an assigned set of parachain blocks is valid (such as the identities of the transacting parties and the subject matter of the contract). Their partnership with Huobi Pool will yield enhanced reliability in our interoperable money market services, as well as increased support for proof-of-stake consensus mechanism.

Huobi Pool only acts as a validator for major projects in this space, like Aave and Polkadot. For Equilibrium to be selected here is an incredible show of support for project.

About Huobi

Huobi is a leading crypto company that manages billions of dollars of crypto transactions every day. Its mining pool platform is called Huobi Pool, and its geographically dispersed data centers and interconnected servers run on a private network. It’s been in operation since 2018.

About Equilibrium

Equilibrium is the first interoperable money market on Polkadot comprised of a lending platform and a professional-grade cross-chain DEX.

📰 INFO

https://medium.com/equilibrium-eosdt/announcing-our-new-validator-huobi-pool-c3ca787f4afc