/
EasyFi is a DeFi lending protocol on Polygon for scalability, offering micro-lending, under-collateralized loans, and credit delegation. Aimed at reducing costs and enhancing speed, it features DAO governance and a dual-chain approach for inclusivity.
Lending/Borrowing
L1s
EasyFi is a universal layer 2 lending protocol on the Polygon network, designed to address transaction speed and cost issues hindering DeFi adoption. Emphasizing scalability and composability, it supports financial activities like micro-lending, under-collateralized loans, and credit delegation, fostering a flexible lending ecosystem. Utilizing a dual-chain approach, it circumvents Ethereum's scalability problems without compromising security. EasyFi is governed by a DAO model, enhancing community-driven decision-making. Launched in 2020 on Ethereum and powered by Matic Network, EasyFi facilitates native staking, allowing users to earn EASY and MATIC tokens. With a total supply of 10 million EZ tokens and about 6.37 million in circulation, EasyFi is traded on up to 36 platforms, exhibiting price fluctuations typical of market volatility. It remains a key DeFi player, enhancing accessibility and scalability of financial services on the blockchain. For more details, visit [https://easyfi.network](https://easyfi.network/).
EasyFi is a universal layer 2 lending protocol on the Polygon network, designed to address transaction speed and cost issues hindering DeFi adoption. Emphasizing scalability and composability, it supports financial activities like micro-lending, under-collateralized loans, and credit delegation, fostering a flexible lending ecosystem. Utilizing a dual-chain approach, it circumvents Ethereum's scalability problems without compromising security. EasyFi is governed by a DAO model, enhancing community-driven decision-making. Launched in 2020 on Ethereum and powered by Matic Network, EasyFi facilitates native staking, allowing users to earn EASY and MATIC tokens. With a total supply of 10 million EZ tokens and about 6.37 million in circulation, EasyFi is traded on up to 36 platforms, exhibiting price fluctuations typical of market volatility. It remains a key DeFi player, enhancing accessibility and scalability of financial services on the blockchain. For more details, visit [https://easyfi.network](https://easyfi.network/).
EasyFi is a Layer 2 lending protocol tailored for decentralized finance (DeFi) on the Polygon network. It addresses traditional DeFi challenges such as high transaction costs and slow speeds by enabling scalable and composable financial services. EasyFi supports a range of activities, including micro-lending, under-collateralized loans, and credit delegation, enhancing accessibility and consumption of DeFi services.
Operating on the Polygon network, EasyFi leverages its dual-chain approach to enhance transaction speed and reduce costs. This setup alleviates the constraints associated with Ethereum by maintaining security without compromising scalability. This configuration supports a broad user base by offering faster and more affordable transactions for various DeFi operations.
EasyFi’s under-collateralized loans allow users to borrow with less collateral than typically required, facilitating easier access to funds. Its credit delegation system empowers individuals with good credit scores to borrow or lend on behalf of others. These features promote a more inclusive and flexible lending ecosystem, catering to diverse user needs.
EasyFi utilizes a DAO governance model, where token holders and community members actively participate in the protocol's decision-making processes. This setup ensures that the evolution of the network aligns with user interests and preferences, fostering a collaborative environment for protocol development and governance.
EasyFi sets itself apart by focusing on scalability and cost efficiency through its Layer 2 solutions on the Polygon network. It provides innovative products like under-collateralized loans and credit delegation while fostering community engagement via DAO governance. These features collectively enhance its appeal compared to traditional DeFi lending protocols, which might struggle with higher transaction fees and limited scalability.
If users encounter issues with EasyFi transactions, they should first check the network status on the Polygon blockchain. Address any connectivity or wallet synchronization issues by verifying their wallet setup and network configurations. For persistent problems, users can seek support through EasyFi's official community forums or contact customer service for guidance on resolving technical or transaction-related challenges.
EasyDAI is a DeFi platform optimizing yield farming on stablecoins, focusing on DAI. It utilizes automated strategies to enhance earnings and reduce risk, leveraging smart contracts for secure, transparent operations.
LiquiFi is a DeFi platform offering liquidity solutions for illiquid tokens through smart contracts, blockchain technology, and integration with DeFi protocols for secure, transparent asset management.
Lenfi is a DeFi platform offering P2P lending and borrowing solutions using blockchain technology, emphasizing transparency, security, and low fees to provide efficient and trustless financial services.
WeFi is a DeFi protocol enabling investment loans with as little as a 20% downpayment to buy BTC/ETH, operating trustlessly and without permissions.
KeyFi is a DeFi platform providing intelligent tools for portfolio management, yield projection, and asset tracking across multiple chains and protocols.
NFTFI offers a decentralized platform for using NFTs as collateral to secure loans, leveraging smart contracts across major blockchain networks.
De.Fi offers DeFi services like lending, borrowing, staking, and yield farming, aiming to remove financial intermediaries and ensure secure, direct asset control via blockchain.
Extra Finance is a DeFi platform enhancing borrowing/lending via blockchain, featuring trustless transactions, smart contracts, yield farming, and liquidity pools for secure, efficient DeFi services.
ELYFI is a DeFi platform that provides liquidity and borrowing services using real asset-backed tokens.
LeverFi offers leveraged trading in DeFi, enabling users to trade with leverage from wallets without borrowing, enhancing returns with blockchain benefits.
Lendefi is a DeFi protocol for undercollateralized loans on digital assets, offering high investment returns and secure, intermediary-free transactions via smart contracts.
Lendfi Finance provides decentralized lending, borrowing, and investment solutions, ensuring transparency and security via blockchain technology.