Equation, a leading decentralized perpetual protocol, is launching V3 on May 13, 2024, introducing groundbreaking features that will transform the landscape of on-chain perpetual trading. With Equation V3, trading fees are eliminated, Profit Rate Mining is introduced, and Loss Compensation is implemented, setting a new standard for the industry.

Equation V3's innovative business model aims to increase trading users while ensuring a continuous income stream for LPs and Staking Users. By leveraging the BRMM algorithm, Equation V3 enhances the trading experience and addresses the issue of high trading costs across perpetual DEXs.

Traders will benefit from zero trading fees, reduced trading costs, and a friendly trading environment. LPs and Stakers will receive protocol funding fees as the main source of revenue, shared across ecosystem participants. The removal of trading fees establishes a unique competitive advantage, making Equation V3 an attractive option for traders.

Profit Rate Mining offers traders comprehensive trading incentives, rewarding positive profit rates with mining allocations. Weekly trading competitions will stimulate engagement, and a Compensation Pool will provide traders with a safety net, allocating daily EQU emissions to support traders who incur losses.

Equation V3 prioritizes security and transparency, providing a reliable environment for trading perpetual contracts. As a pioneer in decentralized perpetual contracts, Equation V3 is shaping the future of decentralized finance with community-driven innovation.