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EasyFi Network

Guide: How to setup your wallet for farming $EASY on Layer 2 Matic Network

We are almost ready to go LIVE with three markets namely USDT, USDC, and DAI. Users will be able to supply and borrow these tokens and farm $EASY with ease.

While we are in the process of final check, please follow a step by step guide here to prepare your wallet for farming and using the protocol.

Farmers!! It’s time to harvest.

Setting up Metamask for Matic mainnet (custom RPC/Mapping mainnet)

If you are wondering about what wallet you should use, you should consider downloading a Metamask extension. Metamask is the free and secure browser extension that allows users to interact with the ethereum blockchain. You can download and configure Metamask from here if you are a new user.

a) Connect MetaMask to MATIC Custom RPC/Mapping Mainnet

You need to configure Matic Chain custom RPC to your Metamask. It is easy to do and easy to switch over networks using the button near the top of the Metamask application.

  • Click on the network Selection buttons on the top of the app.
  • Click on the “Custom RPC” to add the Matic mainnet Information.
  • Select ‘Custom RPC’

On clicking this, the screen will appear to setup custom RPC for the Matic Network:

  • Enter in the Matic Mainnet Details as follows:

MATIC MAINNET

Network Name: Matic Mainnet

New RPC URL: https://rpc-mainnet.matic.network

Chain ID: 137

Symbol: MATIC

Block Explorer URL: https://explorer.matic.network/

You need to ensure that you do not miss out on any of the above fields. Once you have added the URL and all details you can click on the SAVE button. You will be directly connected to Matic Mainnet. You can close the dialog box now.

b) Transferring your assets from ETH Mainchain to Matic Mainnet

You can transfer your assets from the Ethereum mainchain to Matic mainnet using two different bridges POS bridge and Plasma bridge. With a POS bridge you can quickly move your assets from Ethereum mainchain to Matic mainnet.

You need to go to a Matic web wallet, that would allow you to transfer your assets from ETH to Matic Mainnet. You can access a Matic web wallet with a URL https://wallet.matic.network.

Once you access your wallet, you need to connect with the Metamask account. Matic Web Wallet supports Metamask (with Ethereum mainnet Selected in Network).

After you connect to the Metamask account, it will navigate to your landing page of the Matic wallet.

You can easily deposit your funds from Ethereum to Matic using the web wallet. You need to ensure that you have ETH OR ERC 20 tokens on the Ethereum mainnet.

Step 1: You need to switch from PLASMA BRIDGE to POS BRIDGE.

you can easily click on the “Switch to POS” button available in the Matic Wallet.

Step 2: Click on the ‘Deposit’ Icon. you will get a popup where you need to enter details like amount. You need to ensure that your deposit amount does not exceed the Matic limit.

After you add the amount you can click on the ‘Deposit to Matic Network” button.

Step 3: After you click on the “Deposit to Matic Network”, you need to confirm all your transactions on the Metamask wallet to make the transaction successful.

Once your transaction is successful, you will receive the confirmation message on your screen. Your amount would debit and deposit in the Matic network.

Step 4: Since your transaction is successful you can switch to a Matic network on Metamask. It takes 10–12 Minutes on an average for balance to reflect on Matic mainnet wallet.

Happy Yield Farming!

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

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

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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

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