EasyFi Network
Published in

EasyFi Network

EasyFi Blend Presents 60 Days Fixed Staking Program for Itsmyne on Binance Smart Chain

Stake MYNE — Earn MYNE at 24% FIXED APR

EasyFi is going live with BLEND on Binance Smart Chain…

We are excited to onboard Itsmyne to the Blend ecosystem with their first Fixed & Predictable Rewards Staking Program on the EasyFi App on Binance Smart Chain starting Friday, 29 April 2022.

We had announced earlier about the Blend expansion to the BSC network, with an aim to leverage the network and enable projects on BSC to create their own Fixed rewards programs using EasyFi’s configurable smart contracts. The expansion also enables users on the BSC network to explore new fixed rewards passive income opportunities with EasyFi.

This expansion aligns with our Roadmap 2022 vision of expansion to other blockchain networks.

Read more here: EasyFi Blend Expands to Binance Smart Chain

Stake MYNE — Earn MYNE Program Summary

Itsmyne will start their Blend journey with a 60-Day “Stake MYNE — Earn MYNE” native staking program on the Blend module on EasyFi on BSC, which will allow the MYNE depositor to earn a fixed APR of 24% on their funds deposited in the pool.

Check out the full program summary here:

Users must note that the MYNE deposited will be locked for a period of 60 days and will earn the user a Fixed APR of 24% on a maximum pool size of 7.5 million MYNE tokens.

Understanding EasyFi Blend

EasyFi Blend has been developed by blending various factors like the security, speed & functionality of major lending protocols allowing for interoperability. We aim to implement smart asset routing systems, faster and seamless reconciliation and a step towards robust governance through Blend.

EasyFi Blend has the ability to enable ANY DeFi project to simply configure the EasyFi Blend Advanced Smart Contracts as per their requirements. This would give any project the freedom to create a rewards program that would suit users within their own community and others in extended user bases. All this is possible without getting into any hassle of developing new smart contracts or a UI/UX of their own.

To understand Fixed APR simply, let’s say, you stake 100 X Tokens at 10% APR, you will get 110 X at the end of 1 year. No strings attached!

Some Links to Refer

- Advanced Smart Contracts: New Gen Yield Generating Products for DeFi 2.0

- EasyFi launches EZ Fixed Interest Staking Programs

About ItsMYNE Network

Itsmyne is a “social network meets marketplace” for licensed sports NFTs. Social conversation accompanies the trading of licensed NFTs on one platform rather than being spread across Discord, Twitter and Telegram. Dubbed as a game-changer in the realm of NFTs, Itsmyne is nearing its launch, with a waitlist of over 50,000 users.

Website | Twitter | Telegram | Discord | Instagram

About EasyFi

EasyFi Network is a universal layer-2 multi-chain money market protocol for digital assets with focus on liquidity sourcing & capital efficiency for structured lending in a non-custodial manner. The Protocol is currently live on Polygon, Binance Smart Chain and Ethereum.

Website | Twitter | Telegram | Whitepaper | Blog | App

To learn more about $EZ and EasyFi, please go through our whitepaper and other articles on this publication.

Stay tuned for more news & updates on our Telegram channel and join the official group. You can also follow us on Twitter.

--

--

--

EasyFi is a Layer 2 DeFi Lending protocol for digital assets powered by Matic Network. Taking a strong community-oriented governance approach with $EZ

Recommended from Medium

Magikarp Madness 2/3!

How To Stake VAIOT $VAI

Cryptocurrency Market Overview

OG Airdrop & NOPE Conversion

How do I purchase Ethereum (ETH)?

VARIO Mining Becomes a Member of the 8020 Community

Tokenisation and the acceleration of Foreign Direct Investment into Real Estate assets

Behind the Cryptocurrency Momentum

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
EasyFi Network

EasyFi Network

EasyFi is a Layer 2 DeFi Lending Protocol for Digital Assets. Focused on plugging various gaps in DeFi adoption, powered by the efficient Layer 2 Blockchains

More from Medium

MILC PLATFORM ECOSYSTEM MAP

EasyFi Blend Presents Fixed Reward Staking for Trace Network Labs

EasyFi Blend Presents Fixed Reward Staking for Trace Network Labs

Live from New York City: It’s Bridges Exchange

We pass the testnet from KYVE with a prize pool of $20,000,000 KYVE