EquiBasket

# 🌍 EquiBaskets

Invest in global markets through on-chain baskets — no brokers, no borders.

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## 🧩 What is EquiBasket?

EquiBasket is a decentralized protocol built on Mantle that allows anyone to create, mint, and trade on-chain basket tokens representing diversified portfolios of real-world assets.

Each EquiBasket tracks a group of global assets such as:

- Stocks

- Market indices

- Sectors (Tech, AI, Energy, etc.)

- Regions (US, Emerging Markets, Global Growth, etc.)

Instead of needing a broker, bank account, or geographic permission, users can invest in these portfolios directly from their crypto wallet using MNT as collateral.

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## 🚀 How It Works

### 1. Basket Creation

Fund creators define a basket by selecting:

- Multiple real-world assets

- Their respective weights

This creates a new EquiBasket token that represents the combined value of the portfolio.

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### 2. Real-Time Pricing

EquiBaskets uses Pyth Network to fetch institutional-grade price feeds for each asset in the basket.

These prices are weighted and combined on-chain to compute a single basket price.

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### 3. Minting Basket Tokens

Users deposit MNT as collateral and mint EquiBasket tokens based on the basket’s live price.

All positions are over-collateralized to ensure system safety.

Deposit MNT → Mint EquiBasket → Hold or Trade

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### 4. Trading

Once minted, EquiBasket tokens can be traded 24/7 through on-chain liquidity pools using MNT — just like any DeFi asset.

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### 5. Automated Risk Management

An automation layer called Vincent continuously monitors all positions:

- Checks collateral ratios

- Detects risky positions

- Triggers liquidations when needed

This ensures the protocol remains solvent and protected even during market volatility.

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## 🔐 Why It’s Safe

- Over-collateralized MNT backing

- Real-time oracle pricing from Pyth

- Automated liquidations via Vincent

- Fully on-chain & transparent

- Non-custodial by design

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## 🌍 Why It Matters

EquiBaskets turns global investing into a DeFi-native experience:

| Traditional Finance | EquiBaskets |

|---------------------|-------------|

| Brokers & KYC | Just a wallet |

| Restricted by country | Global access |

| Market hours | 24/7 |

| Custodial | Non-custodial |

| Slow settlement | Instant |

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## 🧠 The Big Idea

EquiBaskets brings the power of ETFs and index funds into Web3, making diversified global investing:

- Permissionless

- Transparent

- Composable

- Available to anyone, anywhere

It aims to become the on-chain gateway to global markets.