Springe zum Inhalt

Moonbeam and Equilibrium Partner to Unlock Multichain Assets, Expanding Possibilities

• MoonBeam and Equilibrium have partnered to integrate Multichain Assets.
• An XCM connection has been successfully established between the two networks, allowing EQ tokens and EQD stablecoin to move freely between chains.
• The integration is also a base point for Moonbeam Routed Liquidity (MRL), which brings liquidity from external blockchains like Ethereum to Polkadot parachains.

Moonbeam & Equilibrium Partner Up

The MoonBeam network recently announced its partnership with the Equilibrium network in order to integrate Multichain Assets. This opens the door to many benefits and expands possibilities for connected contracts.

XCM Connection Established

An XCM connection was established between these two networks using a bi-directional HRMP channel. This allows EQ tokens and EQD stablecoin to be registered as xcEQ and xcEQD on the Moonbeam Network, while GLMR can now be used on Equilibrium.

Benefits of Equilibrium

Equilibrium is a one-stop Substrate-based DeFi protocol parachains that runs on the Polkadot network. It bridges the gap between high-leverage money markets and an order book decentralized exchange (DEX) with margin trading. Additionally, it provides system-wide insurance along with on-chain price discovery. The native utility token of this platform, EQ is used for communal governance purposes.

Moonbeam Routed Liquidity

The integration of XCM serves as a base point for Moonbeam Routed Liquidity (MRL). This helps bring liquidity from external blockchains like Ethereum into Polkadot parachains.

Expanding Possibilities Through Connected Contracts

With this partnership in place, both parties are able to expand possibilities through connected contracts while providing users with access to various benefits related to multichain assets and liquidity routing within the Polkadot ecosystem.