About the Project
EOSDT is a transparently backed stablecoin on top of the Equilibrium framework. It represents a robust store of dollar value that is free from volatility and uncertainty.
About the Integration
Moonbeam’s emerging DeFi ecosystem will need stablecoins, the figurative engine that powers many DeFi projects. Moonbeam’s platform lacks a native stablecoin, so this collaboration is a natural fit that provides value to both of us. Projects running on top of Moonbeam (like SushiSwap) will benefit from this integration because they gain easy access to our “dollar on the blockchain.” (One natural use case is to open liquidity pools with our stablecoin on SushiSwap.) Equilibrium benefits by gaining applications that go beyond our own substrate-based parachain — our stablecoin will be compatible with the many projects expanding from Ethereum to Moonbeam.