Equilibria Finance is a decentralized finance (DeFi) protocol designed to enhance yield strategies for users of Pendle Finance by leveraging the veToken/boosted yield model. It allows liquidity providers to earn boosted rewards in both PENDLE and EQB tokens, even without holding vePENDLE, and enables PENDLE holders to convert their tokens into ePENDLE for additional rewards or flexible trading options. The protocol's governance is driven by its native token, EQB, which can be locked to receive a share of the protocol's revenue and participate in voting mechanisms.
By using Equilibria, blockchain users can maximize their yield farming returns on Pendle Finance without needing to hold vePENDLE themselves, making yield optimization more accessible. They also gain access to additional incentives through the EQB token, which offers rewards and governance rights when locked. Furthermore, users can benefit from flexible liquidity strategies and increased capital efficiency through tokenized and tradable yield positions.