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Reading: Altcoin’s TVL Reached Historical Peak! The Price Also Skyrocketed!
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EdaFace Newsfeed > Latest News > Altcoin News > Altcoin’s TVL Reached Historical Peak! The Price Also Skyrocketed!
Altcoin News

Altcoin’s TVL Reached Historical Peak! The Price Also Skyrocketed!

vitalclick
Last updated: November 4, 2024 12:14 pm
5 months ago
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Having an important place in the decentralized finance (DeFi) ecosystem equilibria The protocol has seen huge growth in the last two months. The total (TVL) value of locked assets, which was approximately $80 million on September 9, reached $194 million as of today, an increase of 142 percent. Much of this growth is due to Solv Protocol’s Bitcoin exchange on BNB Chain. $68,545 While originating from its pool, Equilibria’s TVL value reached $18 million, a historical peak on BNB Chain.

Huge Increase in EQB Coin PriceIncentive Rewards and Locked EQB Rate Also Increase

Huge Increase in EQB Coin Price

Equilibria’s main network asset, along with TVL EQB The price of the coin also made a remarkable rise. It has increased by 105 percent since September, from $0.17 to $0.35. EQB coin It offers real return opportunities to its users.

Users who locked their EQB coins vlEQB can benefit from various advantages such as bribe rewards, voting rights and staking rewards. All of this increases community engagement and adds to Equilibria’s user base.

Incentive Rewards and Locked EQB Rate Also Increase

Equilibria has distributed approximately $170 thousand in incentive rewards and BTCfi points since September. Most of these awards Solv Protocol, Bedrock And PumpBTC It was provided from BTC protocols such as. These rewards strengthened community interaction on the protocol while providing additional earning opportunities to vlEQB holders.

62 percent of EQB coins in circulation are locked, corresponding to 19.84 percent of the total supply. The increasing demand in the market reveals the interest in vlEQB and the importance of the protocol.

On the other hand, Equilibria continues to keep security measures at the highest level in the DeFi world. The protocol emphasized the importance it attaches to user security and stated that it will continue its efforts to increase security in the future. Equilibria continues to support its users with its structure that prioritizes security.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.

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