This is a bit absurd. Both in VE Pro 6 and Nuendo 8, launching Equator - or launching a project with it - has meant typing my password in 4 separate keychain dialogs. What gives?
Typically if you save your password in your keychain and grant permission for it to accessed you should only need to do this once. Please let me know if you continue to experience this, and any details you can provide will be helpful.
I have the same problem. everytime I open a Logic project and there is at least one track of equator it asks for the password. I press deny a couple of times just to avoid typing the password over and over.
I found a solution for this. At least worked for me.
Hope this helps.