EasyFi Blend Presents 90 Days Fixed Staking Program for Rigel Protocol
Stake RGP — Earn RGP at 48% FIXED APR on Binance Smart Chain
EasyFi has yet another entrant into the EasyFi BLEND ecosystem. Excited to onboard — Rigel Protocol — with another great Fixed & Predictable Rewards Staking Program on the EasyFi App on Binance Smart Chain.
Rigel Protocol will start with a 90-Day “Stake RGP — Earn RGP” native token staking program on the Blend module on EasyFi. This allows any RGP depositor to earn a FIXED APR of 48% on their funds deposited in the pool.
We have received many requests from multiple projects in both the Polygon and Binance Smart Chain networks for the BLEND staking programs. We are working closely with some DeFi projects to onboard them to the passive rewards programs for their user community. Rigel Protocol would serve to aid our multi-chain BLEND expansion with Binance Smart Chain namely.
EasyFi BLEND enables 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.
90-Day Fixed APR Staking Program for RGP on BSC
Check out the full program summary here:
Users must note that the RGP deposited will be locked for a period of 90 days and will earn the user a Fixed APR of 48% on a maximum pool size of 800,000 RGP tokens.
Let’s Understand BLEND…
EasyFi Blend is a product from EasyFi Network that has been developed by blending various factors like the security, speed & functionality of major lending protocols allowing for interoperability. Blend has been designed as a set of configurable advanced smart contracts that enable a user to earn “Fixed & Predictable Rewards” on staking a token.
The most important aspect of EasyFi Blend is the freedom given to ANY DeFi project to offer structured staking programs with FIXED APR rewards for all communities. All they need to do is configure the smart contracts in EasyFi Blend to fit their own set of requirements. This gives the user a multi-chain fixed passive income opportunity.
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!
“Our collaboration with EasyFi is right on time. A time in which we see fears in the crypto space and chaos within the defi ecosystem. For us, we believe this is the right time to incentivize our loyal community and holders as we stand strong to launch innovative products in line with the next bullish season.”
- Akhat Grant, Co-founder, Rigel Protocol
“We are excited to onboard Rigel Protocol to the EasyFi Blend ecosystem. This will not only enable $RGP HODLers to earn rewards with a fixed APR on staking their Rigel tokens, but also allow those seeking on-chain passive income opportunities to explore Rigel Protocol as one of the options to get staking rewards that are fixed as well as predictable.”
- Ankitt Gaur, Founder & CEO, EasyFi Network
About Rigel Protocol
Rigel Protocol is the blockchain Decentralized protocol for all Defi needs. A protocol built to improve and touch up existing Decentralized Finance (DeFi) features while introducing several innovative DeFi products to propel scalability, security in the Blockchain, user experience and adoption. Rigel Protocol is focused on building Dapps with the best user experience at low fees. Several DeFi products featured are smartswap operations, automated dexes trading, Liquidity mining, Launchpad & Product Token offering services, Influencers & New projects rewarding systems and other innovative features.
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. Stay tuned for more news & updates on our Telegram channel and join the official group. You can also follow us on Twitter.