Equilibrium, an EOS-based decentralized financial project, will launch a new governance token, EQ

Editor's Note: This article comes fromCointelegraph Chinese (ID: CointelegraphChina)Editor's Note: This article comes from

Cointelegraph Chinese (ID: CointelegraphChina)Cointelegraph Chinese (ID: CointelegraphChina)

, Author: FELIPE ERAZO, reprinted with authorization by Odaily.

nearly two weeks ago

, the EOS-based DeFi project Equilibrium plans to develop a new interoperability protocol on Polkadot. Now, Equilibrium will launch a new governance token, EQ.

EQ could be Equilibrium’s next-generation NUT, the platform’s first governance token dedicated to EOS. As interoperability is an increasingly complex issue for blockchain adoption, the new EQ token will work across chains, including EOS. NUT will still be an effective way to participate in Equilibrium's decentralized governance, but only on EOS.

Those who want to experiment with EQ tokens can use their NUT swaps between August 31st and September 29th. They can then use their newly acquired EQ tokens to experiment with the system. We caught up with Equilibrium CEO Alex Melikhov to find out more.