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EasyFi Network

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News

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Ayman Ben Youssef

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Cysic has suspended its crosschain bridge after an attacker created 10 million unauthorized CYS tokens on BNB Chain and converted part of the supply into assets moved toward Ethereum.
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Tando Nkube

What is EasyFi Network?

EasyFi Network - the real catalyst for Defi adoption. A protocol, designed to address some of the inherent problems, faced by first-generation defi solutions in terms of transaction speed and cost, which are the bottleneck for defi operations at scale.

Contents:

  1. Description of the EasyFi Network
  2. Additional information

EasyFi Network dapp

Description of the EasyFi Network

EasyFi is built, using a Level 2 blockchain at the Matic Network, which leverages the power of plasma blockchain concepts. It provides all speed and cost advantages of a Level 2 solution. That being said, still using the Ethereum Mainchain deep liquidity pools. How it works:

Firstly EasyFi is designed to meet real lending requirements with the needed capital supply.
Secondly The project is built, using Level 2 blockchain solutions, which enables cheaper, faster and more efficient transactions.

User and UX onboarding - another big issue with many defi protocols. EasyFi will provide seamless user connectivity to its platform with built-in gas-free meta transactions for users across the ecosystem's various partner projects.

EasyFi will allow users to process their own "EASY" protocol token by interacting with the protocol. Anyone can farm EASY tokens when they interact with the platform.EasyFi Network

The received tokens go to the users daily, depending on their contribution. EasyFi is one of the first Defi protocols, built on the Matic Blockchain, that is why Matic supports the EasyFi project community. The developers have planned crop growing, liquidity extraction and double harvesting programs to attract initial liquidity and adopt protocol. 1,250,000 EASY will go to the contract for the supply of tanks. Initially, five markets will live soon, namely ETH, USDT, USDC, DAI, MATIC.

Additional information

If you still have any questions, you can ask their company on social networks:

Also, there you can find out about the upcoming updates, promotions and participate in contests.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.