EQO is the first token to be backed by a Nasdaq-listed cryptocurrency ecosystem. Earn the EQO token with your taker trades. Receive a percentage of the daily token allocation based on your share of all taker volume for that day. Exclusive benefits for EQO token holders, including enhanced interest on their assets when borrowing and lending services launch on EQONEX.
Staking
EQO token holders that stake their tokens on the EOQNEX platform will be eligible to receive more EQO tokens every day through the daily Reward Batch. Tokens can only be earned through trading or staking existing EQO tokens held on the EQONEX platform.
Reduced Trading Fees
Holding EQO tokens on EQONEX entitles clients to discounted trading fees based on their token balance. Depending on the amount, clients will receive a fee tier upgrade.
Trading the EQO Token
EQO tokens are tradeable on EQONEX in a USDC cross market. This allows for secondary liquidity for traders to monetize their EQO holdings and for buyers to accumulate positions in this unique asset.
Enhanced Interest Rates (Coming soon)
EQONEX will support borrowing and lending soon. EQO will allow holders to receive enhanced interest rates with a minimum uplift of 10%. Every halving increases the power function of the EQO Token, meaning less EQO is required to enhance your interest rate.
Cross Collateralization (Coming soon)
EQO will form part of the assets that qualify as collateral on EQONEX for derivatives, futures, and borrowing.
Airdrops (Coming soon)
Diginex Limited, the parent entity of EQONEX Group, is a Nasdaq listed company that offers a digital asset ecosystem. Holders of EQO will be eligible for airdrops from other EQONEX Group lines of business.