✨Our Features
Debt Pool
The EquityBlock Debt Pool aggregates collateral from multiple supported tokens (e.g., BNB, USDT, USDC) on the BNB Chain, enabling users to mint synthetic equities (eASSETS) like eTSLA, eNVDA, and eAAPL. This pool supports over-collateralized debt positions, ensuring protocol stability while allowing users to gain price exposure to equities. It acts as the counterparty for all low-fee trades on partner DEXs, leveraging the BNB Chain’s efficiency for seamless transactions.
Protocol Architecture
EquityBlock operates on the BNB Chain with a streamlined single-chain architecture. Core contracts handle collateral, minting, and debt tracking, optimized for low gas fees and high transaction speed. Pyth oracles deliver real-time price feeds for eASSETS, ensuring accurate price exposure without off-chain dependencies, maintaining a secure and decentralized framework.
Stability Pool
The Stability Pool issues tokens to users who deposit collateral, swapping these deposits to align with the EquityBlock Debt Pool’s composition for delta-neutral stability. It dynamically rebalances to reflect changes in the pool’s collateral makeup, enabling users to earn yield from protocol liquidations while protecting against volatility in collateral or debt balances.
EquityBlock Debt Shares
Minting eASSETS generates personal and protocol-level debt within the EquityBlock Debt Pool. The pool operates on a shared debt model, where all users collectively ensure the protocol’s solvency. Your EquityBlock Debt Shares represent your proportional stake in the pool, tying your participation to the protocol’s overall health.
eASSETS
eASSETS, such as eTSLA or eAAPL, are synthetic tokens that track equity prices on the BNB Chain using Pyth oracles for accurate, real-time pricing. They enable users to gain price exposure to equities without owning the underlying stocks, with low-fee trading on partner DEXs. The combination of Pyth’s reliable price feeds and BNB Chain’s efficiency ensures cost-effective and precise exposure to equity markets.
Oracle Aggregator
The Oracle Aggregator integrates Pyth’s price feeds with additional validation mechanisms to ensure accurate and tamper-resistant pricing for eASSETS. This creates a secure layer between the protocol’s core contracts and external data, mitigating risks like oracle manipulation or price discrepancies.
Liquidation Mechanism
The Liquidation Mechanism maintains protocol solvency by liquidating under-collateralized positions. It burns the EquityBlock Debt Shares of liquidated users and redistributes their collateral and debt among remaining shareholders. Liquidations are executed on the BNB Chain, converting collateral to the protocol’s native token (if applicable) for fair distribution.
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