Equalizer Drops Flash Loan Fees to 0% For All Vaults
Equalizer Finance, the only flash loan dedicated service on the market, will waive fees for all vaults on all blockchains it is currently deployed on: Ethereum, Binance Smart Chain, Polygon and Optimism.
Flash Loan fees are now zero percent for all vaults on all chains. Prior to this, the fee to borrow a Flash Loan from Equalizer was 0,05% of the flash loan principal. The 0.05% fee charged by Equalizer is already the lowest in the market. However, by waiving this fee, Equalizer aims to help users maximize their profits from Flash Loans transactions.
Equalizer’s key offering is flash loans, which are a relatively new form of uncollateralized lending that have compelling use cases in DeFi. Equalizer boasts the lowest fees and is 2 times more gas efficient and cheaper than any other competitor on any EVM chain, a virtually unlimited choice of token vaults, high liquidity through yield farming and multi-chain capabilities.
Julian, Project Lead at Equalizer Finance, said, “We want to make flash loans accessible to anyone, anywhere in the world! We remove all the barriers and all the fees to allow our users to get the whole profit. This is a strategic move that will bring more benefits to EQZ holders and to the active members of our community.”
In the future, Flash Loan fees on Equalizer Finance will remain 0% only for EQZ holders. Notably, EQZ holders will enjoy benefits like access to a set of premium services, educational content, and additional tools that are useful for executing Flash Loan strategies.
Equalizer is the first dedicated flash loan marketplace built on top of a scalable infrastructure that can handle the rising demand of decentralized lending and borrowing and that can boost the trading volume of any listed asset. It offers top benefits over the popular do-it-all DeFi protocols and sets itself a class apart by offering lower fees, a virtually unlimited choice of token vaults, high liquidity through yield farming, and multi-chain capabilities.