The New Digital Naira
#1. Deposit & Redeem NAIRA via bank
#2. Move NAIRA within exchanges.
#3. And Useful for Ecommerce.
👉 Also, EQUIVN (ENGN) is redeemable with institutional assets at parallel market rates via blockchain.
Last updated on January 10, 2021
EQUIVN (ENGN) is a revolving and stable asset of the EQUIVN PAYMENTS LIMITED. It is locally backed by its native fiat at 1:1 ratio and other selected institutional assets at market rates. Reserve redemption is 1:1 to the Naira (NGN).
HOW TO USE ASSET
The EQUIVN (ENGN) token was issued on the Wavesplatform blockchain and by default, its 100% secured and compatible on it. It also inherited all securities of the platform, with Exchange advantage.
Wallet is available for all devices and downloadable below. Create Wallet & Get started
ENAIRA WEB - WALLET
Frequently Asked Questions
The EQUIVN (ENGN) was built so that money can move quickly with the Naira (NGN) denomination. EQUIVN (ENGN) is a revolving asset and its value revolves around the Naira value in the open market. ENGN can move instantaneously, and globally. And unlike other crypto-assets, ENGN is revolving, yet with a reserve backed at ratio 1:1.
The crypto-asset space is early in maturation, and initial use case for ENGN will be distinct from future use cases. As of today, EQUIVN tokens can be used to limit exposure to crypto-asset volatility. At full launch, ENGN can be used for consumer payments, offering a stable store of value for those outside Nigeria that interfaces currencies with unpredictable volatility.
EPL – EQUIVN PAYMENTS LTD. is a legally registered company in Nigeria with RC-XXXXX. EPL is carefully protected, audited and regulated.
It’s our vision & approach to decentralize the Nigeria Naira and make it move around and instantaneously for Africans at home and in diaspora. In future development, EQUIVN (ENGN) can be redeemed to other African currencies.
The Waves Protocol is a leading and best of blockchains that seeks to fix a major problem in cryptocurrency. The platform is designed to make it easier for organizations and individuals to create custom & decentralized tokens with DEX advantage.
If you are new to Waves Protocol, You can add EQUIVN tokens to your Waves wallet by tapping on the add feature on your Waves Web-Wallet. Simply type EQUIVN and Pin it to wallet view. Ensure that after adding, your asset have the following ID.
Also watch the video tutorials on the knowledge base section of this website.
EQUIVN (ENGN) will integrate to swop.fi in due course for yield farming. And If you are on Binance Smart Chain, You can be sure that EQUIVN tokens will be available on BSC platform as soon as possible. We hope to deploy DeFi standard tokens when its due and with an interoperable gateway.
Asset ID: (We’re YET to Deploy the smart contact).
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