Oct 13, 2022
Razor Network Staking Program with EasyFi Blend
Stake $RAZOR on the Polygon network to secure a fixed 32% APY over 90 days.
We are pleased to announce a partnership with EasyFi BLEND to kickstart the $RAZOR staking program. Hosted on EasyFi’s BLEND module over the Polygon network, the program will allow $RAZOR holders to stake their assets for a minimum of 30 days and a maximum of 90 days to receive a fixed APR of 32% APR.
EasyFi BLEND is a combination of multichain configurable advanced smart contracts to implement fixed and predictable staking rewards programs created by EasyFi Network. The layer-2 multi-chain money market protocol, EasyFi, is designed to enhance DeFi capabilities by enhancing liquidity sourcing and efficient capital utilization in the non-custodial lending market. Using EasyFi’s BLEND, Razor Network’s decentralized oracle network for DeFi applications is organizing a community engagement program that enhances the utility of its native token, $RAZOR.
Commenting on the latest initiative, Founder and CEO of EasyFi, Ankitt Gaur said,
“We are excited to onboard Razor Network to the EasyFi Blend ecosystem. This gives a big impetus to the $RAZOR Token HODLers for staking their $RAZOR tokens with a great Fixed APR. This also enables all those seeking on-chain incentivization opportunities to explore Razor Network as one of the options to get more from the tokens they hold.”
The program is slotted to begin on 14th Oct 2022 at around 2:30 PM UTC (Timing is tentative, an official announcement will be made once the staking goes live). $RAZOR token holders staking their tokens on EasyFi BLEND contract will have a lock-in period of 30 days; find the full program summary below:
Staking dashboard: https://app.easyfi.network/#/blend
More details: https://medium.com/easify-network/predicting-your-fixed-yield-on-easyfi-blend-ad61ebaa56d4
Hrishikesh H, CEO of Razor Network, announcing the latest partnership with EasyFi for $RAZOR fixed yield staking, said,
“We are excited to partner with EasyFi for this campaign. EasyFi Blend makes it very easy to organize fixed APR staking pools. Fixed APR will ensure that the APR does not get diluted as TVL increases. This makes the campaign interesting for everyone. We are always looking for novel ways to engage with our community.”
About EasyFi
EasyFi Network is a universal layer-2 multi-chain money market protocol for digital assets with a 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.
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About Razor Network
Razor Network is a blockchain-agnostic, truly decentralized oracle platform designed to meet the diverse requirements of Decentralized Finance. At Razor Network, we are working on creating the next-generation oracle system focusing on maximum game-theoretical security and fully permissionless complete decentralization.
Stay updated with the latest developments by following us on GitHub.
