EQONEX announces the launch of an exclusive airdrop


Nasdaq-listed cryptocurrency change EQONEX (Nasdaq: EQOS), right this moment launched the main points of its first-ever airdrop EQO {dollars} (EQO-D) solely for the holders of its native token EQO.

Below the phrases of the airdrop, 100 EQO-D can be issued per 1,000 EQO held and can give merchants three distinctive advantages: buying and selling collateral, reward collateral, and buyback advantages.

As soon as issued, EQO-D can be utilized as collateral when buying and selling perpetual futures contracts on EQONEX on a 1 EQO-D to 1 USDC foundation as much as a most of 5,000 EQO-D.

EQO-D recipients who’ve been allotted greater than 5,000 EQO-D can select to reward a few of their remaining EQO-D tokens to new or inactive EQONEX prospects (phrases and situations apply).

The third profit to recipients of EQO-D is the buyback utility through which the EQONEX change will purchase again eligible EQO-D. Eligible EQO-D holders will profit from a buyback pool of 200,000 USDC1 and be capable of earn USDC from their tokens by promoting them to the change.

Merchants have till September 19, 2021, to make sure they’ve 1,000 EQO or extra of their EQONEX account to learn from the EQO-D airdrop on September 20, 2021.

Along with the EQO-D allocation, merchants who enroll, confirm their account and buy EQO can additional profit from as much as $200 in EQO throughout September 2021.

Neil Sheppard, Chief Product Officer at EQONEX, mentioned: “The upcoming EQO-D airdrop offers a chance for EQO holders to experiment with, or enhance their, perpetual buying and selling methods utilizing our superior buying and selling options reminiscent of cross collateral, sub-account performance, and remoted margin while benefiting those self same holders with elevated referral reward alternatives and a buyback.”

To be taught extra about EQO {dollars} and to learn the whitepaper click on right here.

About EQONEX

EQONEX is a digital property monetary companies firm targeted on equity, governance, and innovation. The group encompasses cryptocurrency change EQONEX in addition to an over-the-counter buying and selling platform.

It additionally provides a front-to-back built-in buying and selling platform, Entry Buying and selling, a securitization advisory service EQONEX Capital, market-leading cold and warm custodian Digivault, and asset supervisor Bletchley Park.

Comply with Eqonex on social media on Twitter @eqonex, on Fb @eqonex, and on LinkedIn.

Media contact

Heather Dale

[email protected]

Phrases and situations apply to qualify for related promotions which can be held infrequently.

Disclaimer: It is a paid submit and shouldn’t be handled as information/recommendation.





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