Equalizer will deploy Flash Loans on Optimism

We are excited to announce that our awesome developers are working on integrating Equalizer Flash Loans with Optimism, which is a low-cost and lightning-fast Ethereum L2 blockchain. It will be our second integration this year, after Equalizer deployed on Polygon at the beginning of January.

Optimism is equivalent to the Ethereum Virtual Machine which provides L2 solutions for blockchain apps. It is a Public Benefit Corporation, a for-profit corporation that is obligated to balance the financial interests of stockholders with the best interests of our community, and society. The main purpose of Optimism is to support the building of blockchain-based infrastructure based on Ethereum values.

The Equalizer team pays much attention to researching how to improve the performance of our Flash Loans product. L2 solutions help to scale an application by processing transactions off of the Ethereum Mainnet (layer 1) while still maintaining the same security measures and decentralization as the Ethereum Mainnet. This also increases transaction speed and reduces gas fees.

Equalizer is the first provider of Flash Loans on Optimism and is taking a step towards increasing the usage of Flash Loans, staying true to its mission of making Flash Loans available to everyone.

About Optimism

Optimism is a low-cost and lightning-fast Ethereum L2 blockchain, making Ethereum transactions cheaper and faster. Optimism addresses the practical needs of developers and users.

Twitter | Discord | Twitch

About Equalizer

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.

Equalizer enables profitable trading strategies for arbitrage, liquidations, portfolio rebalancing, and collateral swapping.

Website | Medium | Twitter | Telegram | Telegram Announcement | Youtube

--

--

--

The first dedicated platform that equalizes the decentralized markets. Specially designed as a marketplace for uncollateralized flash loans.

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Egretia — The World’s First HTML5 Blockchain Engine

May Updates from Rigel Protocol. New NFT Collections, Farms & Much More!

The Debut of Bitcoin ETF: What it is and Why it Matters

Coinovy’s C2F Token Valuation

FLIBERO: The Highest Paying Dual Rewards Auto Staking Protocol on Fantom Network With 159,058% APY

BIFI is the first BSC Token listed on Coinsuper

Umee Auto-Compounding Guide

Crypto concept of Yllo

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Equalizer Finance

Equalizer Finance

The first dedicated platform that equalizes the decentralized markets. Specially designed as a marketplace for uncollateralized flash loans.

More from Medium

DeFi Lending 2.0: Silo Finance

Cryptocurrency and the Deep Web

AVAX — Avalanche

Top 3 Yield Farming Platforms for 2022