EasyFi staking LIVE on Ethereum Network

Now Farm $EASY on ETH Mainchain

It’s less than a month since EasyFi Network, a universal layer 2 lending protocol went LIVE on Matic Network ; our users can lend & borrow and mine/farm $EASY tokens. Also, one can farm $QUICK by staking $EASY on Quickswap (also built on the Matic Layer 2 framework).

We, however, did not want to deprive ourselves as well as our community of the well-tested Ethereum network and from unique apps deployed on the Ethereum Mainchain. This idea prompted us to work on improving the width of the $EASY protocol and include the most favoured app currently — Uniswap — and include it in our repertoire for enabling the farming of $EASY on the ETH chain as well.

We are hence, proud to announce that now our users and community can farm $EASY tokens on the Ethereum mainchain using our unique $EASY liquidity pools on Uniswap. This can be done by:

- First, supplying liquidity to our two pools on Uniswap viz EASY/DAI or EASY/USDC.

- And then, once you have done the above, you can then stake the UNISWAP V2-LP tokens received to the EasyFi Network’s uniquely designed staking app on the Ethereum network.

We have included detailed step-by-step instructions below, on how to go about doing this staking of UNI $EASY eLPs and farming new $EASY tokens.

When Uniswap?

STAKING TO GO LIVE AT 7:00 PM IST TODAY i.e. 22nd October 2020

A Step by Step instructions farming $EASY using UNISWAP V2 LP Tokens

For those who have already supplied on the $EASY Liquidity Pools on Uniswap

Step 1: Adding liquidity on UNI Pools

1. This step will be for those you have already started with your EASY/DAI or EASY/USDC mining pool on UNISWAP App.
2. Visit the Staking Tab on the following link: https://app.easyfi.network/#/
3. You will notice the following Easy Liquidity Sourcing Dashboard with 2 EASY based options: EASY/DAI and EASY/USDC.

3. Click on Deposit — You will get the following pop-up

4. Click on Approve

5. This assumes that you have connected to the Metamask account holding your UNI-V2 Liquidity tokens

6. If you have connected to the right account in your Metamask, you will see the EASY-DAI UNI-V2 eLPs above the blank Deposit input box.

7. Click on MAX (if you want to deposit all your LP tokens or enter your desired amount)

8. Click on Deposit now — The system will ask you for your approval and confirmation of eLP supply.

9. This will initiate your staking and earn you the much deserved $EASY!

For those who have not yet supplied on the $EASY Liquidity Pools on Uniswap

Step 1: Adding liquidity on UNI Pools

1. Visit the Staking Tab on the following link: https://app.easyfi.network/#/
2. You will notice the following Easy Liquidity Sourcing Dashboard with 2 EASY based options: EASY/DAI and EASY/USDC.

3. Click on Deposit — You will get the following pop-up

4. Click on ADD EASY-DAI LIQUIDITY.

5. This will take you to the https://app.uniswap.org/#/pool — This is where you create your chosen liquidity pair and you may supply tokens to add liquidity to the desired pool (as selected above).

6. Select the amount of liquidity you would like to provide for the 1st input token. The second token will populate on its own based on price feeds.

7. Approve and complete the supply.

8. You would have contributed to the pool and mined LP Tokens. This can be confirmed in your Metamask Token List.

Step 2: Staking your UNISWAP V2 LP Tokens (eLP) on EasyFi

1. Visit the Staking Tab on the following link: https://app.easyfi.network/#/
2. This is where you stake your UNI V2 eLPs to mine EASY
3. You will find 2 EASY based options: EASY/DAI and EASY/USDC

3. Select your choice of deposit as per the pool supplied in step 1 above

4. Click on Deposit — You will get the following pop-up

5. Click on Approve

6. This assumes that you have connected to the Metamask account holding your UNI-V2 Liquidity tokens

7. If you have connected to the right account in your Metamask, you will see the EASY-DAI UNI-V2 eLPs above the blank Deposit input box.

8. Click on MAX (if you want to deposit all your LP tokens or enter your desired amount.

9. Click on Deposit now — The system will ask you for your approval and confirmation of eLP supply contract.

10. This will initiate your staking and earn you the much deserved $EASY!

11. You will notice that the “Your Deposits” field will be populated with your eLPs. You will also see your $EASY accrued on the bar.

12. This $EASY will be made available to you for CLAIM when the requisite amount is reached.

For any queries, please feel free to write to us on our official telegram group EasyFi Official.

Go ahead, get more from your EASY tokens, and eLP tokens; provide liquidity on Uniswap in available Easy pools and farm Easy tokens.

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