What is EasyFi?
EasyFi aim to become universal Layer 2 (Matic Network) based Lending protocol for crypto asset. The Platform has vision to decrease gap in Decentralized Finance by focusing on plugging integration. We know DeFi project and products are evolve on Ethereum Blockchain but higher demand started creating new problem. in the current situation and ahead launch of Ethereum 2.0 problem like scalability and adoption.
Layer 2 will easily solve existing system problem, create higher yield farming and build sufficient money market. EasyFi infrastructure will be running on public network that allow lending and borrowing of crypto asset and financial asset. EasyFi uses Proof of Reputation contract which permissionless feature that offer creditworthiness with different opportunity. Layer 2 structure will be having plug and play mode and as per requirement it can choose off-chain or on-chain storage.
EasyFi wanted innovate product so that can separate value apart from trading, so it will be backed by different sources. Microlending will be new option for launching new product that will allow borrowers to small value time bound loans. Network expected to introduced selling proposition that will act as bridge between seller and borrowers.
EasyFi Price Prediction
|Month & Year||EASY Price Prediction|
|Based on||Layer 2 blockchain|
|All-time high||$13.30 USD|
|Exchange Platform||Bitmax, Binance, Uniswap, Probit Exchange, Bilaxy|
|Partner||Blockpass, Chainlink, BoringDAO,|
Easy Coin Price Analysis
Easy is utility token of EasyFi network that can use in key function like governance, protocol incentivization, staking rewards, cross chain settlement and cross market interaction. EasyFi launch main network in October 2020, as per record Easy Token was trade at price $1.48 USD. however, since 2021 Easy manages follow bullish trend where it surged from $3.5 USD to $13.30 USD. EasyFi in one month raised by 4 times comparing to price of year 2020. EasyFi also introduced new form of yield farming under naming Dual Yield farming. In the Dual Farming partner project also allocation a portion of Easy Token and partner token to the farmer.
Will Easy hit $100 USD?
As per our prediction Easy Token may crosses $100 USD after 2025.
Is EasyFi a Good Investment?
Project aim to solve mainstream problem on existing DeFi space and considering that EasyFi demand keep increases.
EasyFi is making DeFi more accessible, easy to integrate, customizable and adoptable with layer 2 solution. EasyFi solving problem like slow transaction speed and higher gas fees on Ethereum network-based tokens. Project said to be fork version of Compound but instead of Ethereum it uses Matic network. however, since its listing on Binance and WazirX it started collection huge market volume and probably it will in million worth crypto picture.