EasyFi Blend Presents 90 Days Fixed Staking Program for Cryption Network
Stake CNT — Earn CNT at 25% FIXED APR
EasyFi is very excited to onboard Cryption Network in the EasyFi BLEND ecosystem with their first Fixed & Predictable Rewards Staking Program on the EasyFi App on Polygon Network.
Cryption Network will be starting with a 90-Day “Stake CNT — Earn CNT” native staking program on the Blend module on EasyFi, that will earn the CNT depositor a fixed APR of 25% on their funds deposited in the pool.
This is aligned with the EasyFi Blend program that aims to enable ANY DeFi project to simply configure the EasyFi Blend Advanced Smart Contracts as their requirements to create a rewards program for not only their own community but also the extended user base in the DeFi space looking for a fixed rate passive income opportunities.
After the successful launch of the 60-day and 90-day Fixed APR EZ staking programs on EasyFi Blend, we received interests from several projects on multiple chains wanting to start similar programs for their own community as well. This marks the beginning of EasyFi’s Multi-chain Blend Initiative.
90-Day Fixed APR Staking Program for CNT on Polygon Network
Check out the full program summary here:
Users must note that the CNT deposited will be locked for a period of 90 days and will earn the user a Fixed APR of 25% on a maximum pool size of 6.5 million CNT tokens.
Understanding EasyFi Blend once again
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.
The most important aspect of EasyFi Blend is the freedom given to any DeFi project to offer structured fixed reward staking or yield programs for all communities by configuring the smart contracts in EasyFi Blend to fit the set requirements. All this is possible without getting into any hassle of developing new smart contracts or a UI/UX of their own.
Check out this Link to Understand how Fixed Rewards works: EasyFi launches EZ Fixed Interest Staking Programs
To understand it 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!
CNT is Cryption Network’s native token and has a maximum supply of 100,000,000 coins. CNT is a utility token built with the primary function of incentivizing people to provide liquidity onto their exchange. Token ownership comes with voting privileges to help with the network’s governance. CNT will also be required for access to membership only product features such as access to special portfolio strategies, exclusive access to groups, creation of bets on Seer and governance on the protocol.
About Cryption Network
Cryption Network is a revolutionary platform addressing all the drawbacks of the DeFi and crypto ecosystem to offer users the best services possible and promote mass crypto adoption. The main issue that Cryption Network is determined to resolve is the volatility of the crypto market. The platform is achieving that Yield Farming and its robust set of products such as — PolyDEX — L2 Swap, Elastic Farming, Deflation of CNT, Seer, Cryption Wallet, Non-Custodial Portfolio Management, Ether Rush, DeFi Stack, & NFTs.
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.
To learn more about $EZ and EasyFi, please go through our whitepaper and other articles on this publication.