EasyFi Yield Farming on Polygon Network
Hello Readers!!!
Looking at the crypto space right now, one of the best ways to earn income on investment is through yield farming especially since Defi came around, yield farming has its own risk especially when it has to do with staking a particular coin that is not stable, the market volatility might be a big program for an investor to maximize profits from the yield farming.
Looking at the situation of yield farming, a lot of users are more interested in staking stablecoins to get returns in order to avoid all risks that might lead to losing their funds.
EasyFi Yield Farming
EasyFi Network brought back their yield farming program early this month which was a 180 days program and its a farming that involved the staking of stablecoins which has less or no risk at all.
Here are the important points of the program to be noted;
- The reward pool has a total of $1,500,000 worth of $Easy tokens for the 3 stable coins in the program $USDT, $DAI, and $USDC.
- There’s a daily reward of 120 $EASY tokens per day for the whole 180 days in each of the stablecoin markets.
- The program is on Polygon(Previously Matic), users can move tokens from Ethereum Network to Polygon, Here is a helpful article — How to Move $Easy & Other tokens from Ethereum to Polygon Network
Yield Farming Outline
- Anyone that wants to participate in the yield farming program will have to supply their Stablecoins to the EasyFi lending protocol.
- Once stablecoin is supplied as collateral for lending in the protocol, the system will reward the user with e-Tokens directly to the connected wallet.
- Users will transfer e-Token and stake them in a designated Liquidity Farming card on EasyFi.
- The Yield will be rewarded in real-time to those who supplied one or all the stablecoins.
EasyFi Yield Farming is one of the best you will see in the crypto space.
Less than 30 days gone out of 180 days.
Join now!!!!
THANKS FOR READING
