Guru Network Expands on Base, Partners with Equalizer to Boost Liquidity
Strategic move brings incentivized liquidity pools and enhanced token utility
Strategic move brings incentivized liquidity pools and enhanced token utility
Guru Network announced today a significant expansion of its presence on the Base network through a strategic partnership with Equalizer, a leading decentralized finance protocol. This collaboration aims to provision incentivized liquidity pools, marking a major step forward in Guru's ecosystem growth and token utility enhancement.
The partnership centers around three key initiatives:
1. Equalizer Pool Provisioning: Guru Network will establish and maintain Equalizer pools in collaboration with ICHI.
2. Liquidity Provider Incentives: To foster a robust and active liquidity environment, Guru Network will implement an incentive program for liquidity providers. This strategy aims to attract and retain participants in the Equalizer pools, ensuring depth and stability in the market for GURU tokens.
3. GURU Token Utility Enhancement: By integrating with Equalizer's infrastructure, Guru Network will significantly expand the utility of its native $GURU token. This enhancement is expected to drive increased adoption and usage within the Guru ecosystem.
"Our expansion on Base and partnership with Equalizer represents continued implementation of the Guru Network strategy," said Evgeny Vakhteev, Co-Founder and CEO of Guru Network. "By provisioning these incentivized liquidity pools, we're not only strengthening our position in the market but also providing tangible benefits to our token holders and liquidity providers."
The collaboration with Equalizer underscores Guru Network's commitment to leveraging cutting-edge DeFi technologies to enhance our ecosystem. This move is expected to provide more stable and efficient liquidity for $GURU tokens, benefiting traders, investors, and the broader Guru community.
For more detailed information about this and how to participate in the Equalizer pools, interested parties are encouraged to visit the official Equalizer documentation.
About Guru Network
Guru Network is a leading AI-powered Web3 services platform that enables automated workflows, data management, and smart contract interactions. The $GURU token is central to the ecosystem's functionality and governance.
About Equalizer
Equalizer is a decentralized finance protocol that specializes in providing automated and customizable liquidity solutions. It offers innovative tools for creating and managing liquidity pools with unique features and incentives.
About Base
Base is a secure, low-cost, developer-friendly Ethereum L2 built to bring the next billion users on chain. It provides a seamless experience for users and developers, fostering the growth of decentralized applications and Web3 adoption.
Note: DexGuru, GuruNetwork.AI & $GURU token on Ethereum & Base are a different from project which is co-incidentally also known as Guru Network. It is not related to the Guru Network which has the $ELITE token on Fantom. Both are separate projects, both are epic projects!