Internal currency
Equilibrium infrastructure participants make and receive ongoing payments in NUT
Fee coverage
Users pay fees in NUT within most of Equilibrium-based products
An access to discounted collateral
Arbitrators may submit NUT to the liquidator contract to claim liquidated collateral at a reduced price
An access to discounted collateral
Arbitrators may submit NUT to the liquidator contract to claim liquidated collateral at a reduced price
Governance token
Equilibrium lets NUT holders pick Block Producers for its EOS proxy and vote for the global parameters of the projects on top
Equilibrium proxy voting system
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Equilibrium stakes all EOS collateral in amount of - to its proxy
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NUT holders stake NUT for their favorite Block Producers and every 10 days Equilibrium picks BPs that received most NUT
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Equilibrium proxy stakes 4,874,644.366 EOS for chosen BPs
Decentralized governance
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Equilibrium reassembles native eosio.forum cotract
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Any NUT holder can submit a valid proposal on a governable parameter change
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If a proposal gets enough votes, it becomes a delayed action and owners obtain rights to modify the specific parameter