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
Powered by GitBook
On this page
  1. Whitepaper
  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 10% of the referees’ trading fee and obtain corresponding mining rewards based on the ratio of the referees' position value and liquidity value. Simultaneously, the referee can receive a 10% fee discount and a 1.1x boasted multiplier for liquidity mining. 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 trading fees income in total.

PreviousEQU (Equation)NextEquation DAO Governance Model

Last updated 1 year ago