TechFlow News — Equation, a perpetual contract protocol on-chain, announced via Twitter that it will officially launch its position staking mining campaign at 18:00 Beijing time on November 6.
Users holding futures positions on Equation will earn the ecosystem token $EQU as rewards through position staking mining. The reward amount will be positively influenced by both position size and holding duration. Currently, 10,000 $EQU are released daily, with 50% allocated to position staking mining and the remaining mining categories proportionally diluted.
Equation is a decentralized perpetual contract protocol built on Arbitrum and has passed security audits by third-party auditor ABDK. Leveraging its innovative BRMM model, Equation offers up to 200x leverage for both traders and liquidity providers. Additionally, Equation features the industry's lowest liquidation risk (0.25%) and trading fees, while allowing traders to open positions without size limits.
According to official data from Equation, its cumulative perpetual contract trading volume has surpassed $50 million, with total leveraged liquidity in the protocol exceeding 400 million USDT.
