EasyFi Network
Published in

EasyFi Network

EasyFi Lending Protocol is Now Live

Six Money Markets are fully operational on Polygon

We are extremely excited to announce that we are now LIVE with our Lending protocol with new money markets for supplies and borrowings on EasyFi.

Six collateral markets on our protocol on Polygon Network are now open for operations.

Please proceed to https://app.easyfi.network/#/lending to get started with the supply collaterals and borrow of assets on the EasyFi App.

This marks the completion of our Milestone 1 — Full Protocol Launch as indicated in our Q4 21 Roadmap earlier this year. This launch will soon be followed with the launch of markets on Binance Smart Chain and expansion to other blockchain networks.

Money Markets Live on Polygon

The first 6 collateral markets to be open for the users on our protocol on Polygon are as follows:

  • $MATIC
  • $USDC
  • $USDT
  • $DAI
  • $WETH (Wrapped Ether)
  • $WBTC (Wrapped Bitcoin)

We are in the process of testing some other tokens as well, which we will add from time to time to enhance the lending markets.

Pre Launch Preps

Halborn Security Audits

As indicated in our earlier announcements, we had onboarded Halborn Security to conduct all our smart contract and overall security Audits. Only recently we had announced the completion of full audits of our lending smart contracts by Halborn Security. This conclusion of audits brought us closer to this much anticipated launch of our Lending protocol.

Halborn has conducted thorough and deep audit, analysis and testing of our smart contracts, throwing upon it multiple scenarios to ensure compliance to global security standards. They submitted a report to the EasyFi team which then took up the recommendations for corrective and risk mitigation actions.

Internal Audits

Apart from the full audit from our security partner, the EasyFi team also conducted some more internal tests on our Protocol to further strengthen our confidence in the protocol. We ourselves conducted some internal Penetration Testing, Vulnerability Assessments and DDOS Simulation tests to ensure we have everything we need in place to secure the funds of our users.

Lending Market Screenshots

Here are some screenshots of the lending module with the new UI/UX to help you navigate to the markets that are now open.

Lending Markets on EasyFi @ Polygon with new UI/UX
Supply Markets on EasyFi @ Polygon
Borrow Markets on EasyFi @ Polygon
Supplying an Asset on EasyFi @ Polygon
Withdrawing an Asset on EasyFi @ Polygon
Borrowing an Asset on EasyFi @ Polygon
Repaying an Asset on EasyFi @ Polygon

About EasyFi

EasyFi is a universal layer 2 lending protocol built for DeFi focused on scalability, composability, and adoption. It has been designed as an open and inclusive financial network infrastructure to run on public networks to facilitate an end to end lending & borrowing of digital assets and related financial products. EasyFi is being built upon the ethos of permissionless networks & automation of smart contracts.

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

Bullish cup and handle pattern sets Cardano (ADA) price up for a new ATH — Mickael Mosse — Mickael…

Bullish cup and handle pattern sets Cardano (ADA) price up for a new ATH – Mickael Mosse – Mickael Mosse

Snowball Weekly Newsletter — 06/01/2022

Dtravel Weekly Updates 11.27.2021

CrowFinance AMA Transcript by BSC NEWS

Massive Prize Pool of Two Million wLITI on HitBTC Trading Contest

Balance is what MakerDAO needs

ISO 24165 for Digital Token Identifiers

The quarterly inflow of digital assets reached 4.2

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

Introducing the MySharpeiGotchi ($PUPPY) LP Staking Program on MoonLift Capital DEX.

Why did we choose Avalanche to power our NFT project?

An Insight into Meta-Fi

Advantages of using Polygon and QuickSwap