OOPS.. turns out that the BPG hadn't finished buying yet - We actually were able to buyback nearly 90% of last weeks minted tokens
We're also sat at $7000 in rewards not even 2 days into the epoch, which means:
Weekly Emissions: 9,090 ($13,998)
Buybacks: 7865 $EQUAL ($12,231)
Weekly Voting Rewards: $7,000
Total Offset: $19,231
Offset: 137% of emissions ✅
Are you bullish on $EQUAL yet?
In partnership with Frax, Equalizer initiated the launch of frxUSD / FRAX and sfrxUSD / eliteRingsScUSD pools on Sonic, available through Equalizer Exchange.
https://t.co/WkzdPjWQuX
🤝
Hana Studios is live 🎉
A platform powered by all the latest AI generation models.
Tailored for your profile pictures, unlocked with your favorite tokens.
New Sonic Partner: Frax 💎
We’re thrilled to partner with @fraxfinance - pioneers of fractional-reserve stablecoins and DeFi powerhouses pushing boundaries into TradFi & premium LSTs.
We’re kicking things off with 2 live pairs on Equalizer:
• frxUSD / FRAX
• sfrxUSD / eliteRingsScUSD
More pools + CL integrations incoming.
And yes - all sfrxUSD & sfrxETH LPs earn extra Frax yield 👀
Let’s Frxing Go 🚀
$EQUAL 🤝 $FRAX
DIAMONDS update
As per our latest community sentiment check we have increased the tax on DIAMONDS to 33%!
Burns: 11%
Reflections: 22%
This is set to reward people who purchase, hold or farm DIAMONDS with an even higher share of our gem allocation.
Wanted to start creating a new type of content to get back to my roots of helping people onchain.
Hoops Onchain Tips!😎
This one is a banger!
I thought you know what... Let's let everyone have the secret sauce I have been using to analyse new deployments on Sonic!
It’s Monday! And that means we’re just a few days away from another round of weekly fee distributions 💸
Where do you think we’ll land this time?
With Equalizer, network activity turns into real, sustainable yield - no matter the market. Weekly voting continues to unlock passive income for Sonic users, and it keeps on delivering.
Consistent. Reliable. Real Yield.
$EQUAL 🤝 $S
I am back!
A project a weekday for Sonic.
The last few days have been tailored towards gearing my long term crypto positions/looking after my clients, I apologise to the world of Sonic & DeFi!
Never has their been a more important time to study the alpha of several ecosystems, and why not begin with the best there is - @SonicLabs
We have explored a number of new, shiny, protocols that hit Sonic upon its release - but today we are exploring one that's been here the last few years, carrying much of what was left of the Fantom DeFi community throughout the bear market - Equalizer Exchange.
Project #6 - Equalizer: @Equalizer0x
What is Equalizer?
Equalizer is a DEX on the Sonic blockchain, functioning as an advanced Automated Market Maker (AMM) designed to transform the liquidity landscape. Originally a key liquidity layer on the Fantom Opera network, Equalizer migrated to Sonic, becoming a central hub for tokens to contribute liquidity and access incentives. Equalizer uses a ve(3,3) token model to align incentives between token holders, liquidity providers (LPs), and the protocol, offering efficient trading, governance, and reward mechanisms for the Sonic ecosystem.
Equalizer offers a range of features that enhance its role as a liquidity hub on Sonic. Its advanced AMM design optimises trading efficiency, allowing tokens to contribute liquidity and leverage incentives for growth. The ve(3,3) token model enables $EQUAL holders to lock their tokens for veEQUAL, granting governance rights to vote on pool incentives and earn protocol fees and rewards. Equalizer supports both volatile and stable pairs, providing flexibility for LPs, and its migration to Sonic ensures low-cost, high-speed transactions. The protocol also maintains transparent governance, prioritising community support and robust liquidity management.
What is veEQUAL (Vote-Escrowed Token)?
veEQUAL is the vote-escrowed token users receive by locking $EQUAL in Equalizer’s ve(3,3) model, incentivising long-term commitment. Holding veEQUAL grants governance rights, allowing users to vote on pool incentives and direct liquidity rewards, while earning a share of protocol fees and potential bribe rewards from projects seeking votes. The longer the $EQUAL lockup, the greater the voting power and rewards, aligning interests between token holders, LPs, and the protocol. veEQUAL holders also earn additional Sonic Points and Gems, boosting their share of the $S airdrop.
Why do I like Equalizer?
Equalizer, to put it plain and simple, in my most honest, humble opinion, has had it the roughest of any application on Fantom/Sonic. The team at Equalizer, including its protocol founder @blakehooper85, were one of VERY FEW DeFi protocols on Fantom that continued to build, produce products, and provide an application for DeFi users to continue using their favourite blockchain - Fantom (now Sonic). Upon Sonic release, much of the TVL left Equalizer, given the "DEX wars", and intense amount of DEX's people could use, meaning users were diversifying beyond Equalizer (and namely SpookySwap), spreading TVL elsewhere, resulting in Equalizer losing a fair bit of market share. Equalizer is still standing though. The community is still strong as ever. Blake is still building, as are the team, and they're never going anywhere. If you want a community/protocol of strong builders, and a unique protocol that offers an array of opportunities, Equalizer is your go to.
Important statistics (as of writing):
- $1.68m Market Capitalisation
- $1.52 token price
- Total Supply 5,014,255 tokens
- Circulating Supply 1,111,489 tokens
- $2.99m TVL
Important Links:
- Website: https://t.co/oTIVlDgYM4
- Docs: https://t.co/LGdh5sW4E7
- Twitter: https://t.co/TyQGMY8M2j
- Discord: https://t.co/BCRuJ05LEn
- Medium: https://t.co/hKT3cX9WPf
- YouTube: https://t.co/5GfByE819F
Like the other protocols explored so far, of course Equalizer users earn Sonic Points and Gems through protocol activity, which contribute to your share of the Sonic airdrop.
Potential yield farming/Sonic airdrop points plays and alpha utilising Equalizer:
1) Deposit into the CL-wS/USDC.e pool
Strategy Concept: Wrap your $S to obtain wS (Wrapped Sonic), swap a portion of your funds into USDC.e, and then deposit and stake both into the CL-wS/USDC.e pool.
Step 1: Wrap a portion of $S to acquire $wS
Step 2: Swap a portion of your funds to $USDC.e
Step 3: Deposit $wS and $USDC.e into the CL-wS/USDC.e pool (Gamma ALM on 2Thick AMM), and then stake the LP tokens
APR: 198% APR
Form of rewards: $EQUAL
Other Incentives: Sonic Activity Points
----------
2) Deposit into the CL-wS/USDC.e pool ($wS Single Token Deposit)
Strategy Concept: Wrap your $S to obtain wS (Wrapped Sonic), and then deposit and stake it into the CL-wS/USDC.e pool.
Step 1: Wrap your $S to acquire $wS
Step 2: Deposit $wS into the CL-wS/USDC.e pool (Ichi ALM on 2Thick AMM), and then stake the LP tokens
APR: 76% APR
Form of rewards: $EQUAL
Other Incentives: Sonic Activity Points
----------
3) Deposit into the CL-USDC.e/wS pool ($USDC.e Single Token Deposit)
Strategy Concept: Swap your funds into $USDC.e, and then deposit and stake it into the CL-USDC.e/wS pool.
Step 1: Swap your tokens into $USDC.e
Step 2: Deposit $USDC.e into the CL-wS/USDC.e pool (Ichi ALM on 2Thick AMM), and then stake the LP tokens
APR: 69% APR
Form of rewards: $EQUAL
Other Incentives: Sonic Activity Points
----------
That's it for the OG Equalizer!
Personally believe it has insane undervaluation at current levels (NFA).
I'll try my best across the next week to continue getting information out to X on the best protocols on Sonic despite the overwhelming market turbulence.
Community projects, Memes, NFTs, Gaming and more soon enough.
Thanks!
🚨 Equalizer Partner Spotlight: $SHEEP on Sonic 🚨
Forget boring tokens, $SHEEP is a battle for survival.
It’s part strategy, part DeFi, and part pure chaos.
🐑 Sheep want to stay safe
🐺 Wolves hunt & burn Sheep
🐶 The SheepDog offers protection, but it needs to be fed
🔥 Less Sheep = Higher price
And it runs on Equalizer on $S for smooth swaps & deep liquidity.
Ready? Let’s break it down. 🧵👇
I trust @Equalizer0x — almost 3 years, no rugs, no regrets.
You trusted a KOL. Now you’re farming exit liquidity.
Check yourself before you wreck yourself.
This is Sonic’s native liquidity machine.