Equity Overview
Price & Market Data
Price: $1.19
Daily Change: +$0.0₃154 / 0.01%
Range: $1.19 - $1.19
Market Cap: $11,612,764
Volume: 0
Details
The Native Utility Token (NUT) was the core utility token of the Equilibrium DeFi framework on the EOS blockchain. It facilitated governance, fee payments, access to discounted collateral, and block producer voting. NUT holders could vote on system parameters, pay administration fees for withdrawing EOS collateral, and acquire liquidated collateral at a discount. Additionally, they could participate in EOS block producer voting via the Equilibrium EOSDT proxy. In 2020, Equilibrium transitioned from EOS to Polkadot, rebranding NUT to EQ to align with the new network’s multi-chain capabilities. The Equilibrium framework, developed since 2017 by a team experienced in Ethereum, EOSIO, and Substrate, aimed to create a comprehensive DeFi solution.