Taking DeFi Beyond Etherium: A Catalyst for Innovation & Adoption
About EasyFi Network
EasyFi is a universal layer 2 lending protocol built for DeFi focused on scalability, composability, and
adoption. It has been designed as an open network infrastructure to run on public networks to facilitate
an end to end lending & borrowing of digital assets and related financial products.
We hosted an AMA session with EasyFi Network previously, have a look here; https://link.medium.com/54ptq21gGlb
🔘 EasyFi Insure
EasyFi Insure will enable multichain Insurance for EasyFi Money markets. This culminates a process started earlier for securing protocol & user funds.
EasyFi made a partnership with Tidal Finance to cover EasyFi’s smart contract vulnerabilities including all lending, farming and staking modules operating on BSC, Ethereum and Polygon chains. EasyFi has purchased $1 million USD-worth coverage through Tidal Finance to cover the protocol’s safety. Users can also take part in this process as a guarantor by contributing to the guarantor pool that will allow users to mine a portion of the cover premium collected by Tidal by keeping $EZ as a deposit asset.
🔘 Integration with Trust Wallet
EasyFi Integrates with Trust Wallet which is working effectively from 15 Dec 2021.
Users on TrustWallet can connect their wallets & access funds directly from EasyFi for lending, farming, staking and other money market activities.
Integration with Trust Wallet will
- Ease transition Layer 2 lending for Trust Wallet users
- Enable a smooth lending experience on Easyfi protocol
- Seamless supply & borrow on EasyFi lending
- Expand user base & liquidity on EasyFi Protocol
- Enable efficient capital deployment avenues for Trust users
🌐 Read Blog: https://bit.ly/EasyFiTrustWallet
🔘 New Year’s Grand Campaign with WazirX
EasyFi and WazirX joined hands to bring a great campaign of two weeks full of activities and events. In this campaign, there are AMA’s of EasyFi team in WazirX telegram group and also a live AMA on YouTube with CEO of EasyFi.
More details here;
Visit here for YouTube AMA;
🔘 Liquidation dashboard live now
Liquidation module is now LIVE on the EasyFi app.
This dashboard enables seamless management of
- Insolvent Accounts
- Incentivization of Liquidators, & Investor Asset Protection
The Dashboard Enables
- Strict monitoring of the health of each account on EasyFi
- Due intimation about an insolvent account
- Timely initiation of liquidation proceedings on such accounts
Read more here;