EQUATION
  • Whitepaper v3
    • Introduction
    • Pricing Mechanism
    • Funding Rate
    • Liquidity Providers
    • Tokenomics
      • EQU (Equation)
      • EFC (Equation Founders Club)
      • Equation DAO Governance Model
  • Whitepaper v2
    • Overview
    • Introduction
    • Pricing Mechanism
    • Funding Rate
    • Liquidity Providers
    • Fee and Leverage Tiers
      • Trading Fee Distribution
    • Tokenomics
      • EQU (Equation)
      • EFC (Equation Founders Club)
      • Equation DAO Governance Model
  • Whitepaper
    • Overview
    • Pricing Mechanism
    • Funding Rate
    • Liquidity Providers
      • Temporary Loss vs. (Traditional) Impermanent Loss
    • Risk Buffer Fund
      • Contribute Liquidity to RBF
    • Tokenomics
      • EQU (Equation)
      • EFC (Equation Founders Club)
      • Equation DAO Governance Model
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  1. Whitepaper v3
  2. Tokenomics

EFC (Equation Founders Club)

EFC is the native NFT of Equation, which is divided into 3 categories.

  1. Member: 10,000 in total, distributed to influencers who actively promoting Equation. Each NFT can generate multiple referral codes, which enables the holder to receive referral rewards (based on the referees' profit rate mining rewards and competition rewards). Once the NFT is transferred, the referral codes will also be transferred out, and the original holder will no longer receive any benefits.

  2. Connector: 100 in total, distributed to Equation’s core promotion team. Each Connector NFT can mint 100 Member NFTs and enjoy 10% of the total income generated by those minted NFTs.

  3. Architect: 100 in total, distributed to Equation’s core R&D team. Architect NFTs can enjoy 25% of the protocol funding fee income in total.

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Last updated 12 months ago