NUT

NUT:

Native Utility Token based on EOS

The Equilibrium framework accepts NUT as both internal currency and a governance token

Key equilibrium parameters:
total supply
10,000,000 NUT
Internal currency
Equilibrium users can make ongoing payments in NUT that then get burned.
Cover an admin fee
Users should pay debt in EOSDT and pay accrued admin fees in NUT to close their positions.
Access discounted collateral
Arbitrators may submit NUT to the liquidator contract to claim liquidated collateral at a reduced price.
Block producer voting
Equilibrium uses DPoS architecture, letting NUT holders vote for 30 block producers to receive a staked portion of collateral.

The framework is one of the first Decentralized Finance services to implement collateral superfluidity with a minimum reserve rate offer = 58.8235% (avoiding BP staking leverage)
Decentralized governance
Equilibrium reassembles the native eosio.forum contract, let NUT holders vote for the system’s global parameters
Any NUT holder can submit a valid proposal on a governable parameter change and transmit it to the network for approval
Global parameters management dashboard
Governable parameters
Subject for public polling
- %
Critical collateralization ratio
- %
Liquidator discount
- %
Admin Fee
-%
Annual payment rate
- %
Liquidation penalty
Global indicators
Preset
Circulation ceiling (EOSDT)
Max available to generate (EOSDT)
Supplied (EOSDT)
Collateralized (EOS)
Collateralization (%)
The Equilibrium framework is a software service with a consensus based governance system. EOSDT and Native Utility Token (NUT) are not a security or a regulated instrument. The use of this site and the Equilibrium self-service gateway is subject to Terms and Conditions, by accessing this site you agree to these Terms.