Equilibrium Wins 12th Polkadot Parachain Auction

On March 20, Equilibrium announced that it has won the 12th auction of Polkadot and will join the Polkadot network as the 12th parachain.

The project plans to launch spot and lending markets by June. It is reported that Equilibrium is designed as a super application, which integrates the most popular DeFi use cases, provides high-leverage cross-chain lending and trading of digital assets, combines order book DEX, margin trading function and innovative currency market, with minimum collateral Requirements as low as 105%.

Read more about


LockMeta endeavors to provide accurate and current information. However, due to the evolving nature of the crypto space and reliance on external sources, we cannot guarantee its complete accuracy. We advise users to conduct their own research and consult professionals before making decisions. LockMeta assumes no liability for actions based on our content.


More from this stream


UK Regulatory Body Reviews Microsoft-OpenAI Partnership for Potential Market Impact

The United Kingdom's watchdog for stopping unfair business, the Competition and Markets Authority (CMA), is looking closely at the partnership between Microsoft and OpenAI.

EU Considers WTO Legal Action Against U.S. Over Steel and Aluminum Trade Dispute

The EU might restart a lawsuit against the USA at the World Trade Organization (WTO) because of a metal trade fight left from when Trump was president.

U.S. Economy Faces Mixed Outlook as Stock Market Braces for 2024 Shifts

Michael Hartnett, a strategist at Bank of America, recently said that the continued rebound in U.S. Treasury prices suggests a slowdown in economic growth.

Norwegian Sovereign Wealth Fund Challenges Tesla on Labor Rights

Tesla and a group of Swedish auto mechanics are in a growing dispute.