Thread by @TwoSatsWorth, @EasyfiNetwork / $EASY is easily one of the projects I'm currently most [...]

@EasyfiNetwork / $EASY is easily one of the projects I'm currently most bullish on in terms of potential RIO for Q4+

@EasyfiNetwork is a $COMP fork built on $MATIC. Tackling the issues of Speed, Cost and Liquidity.

But there's much more to it

$PCT $RVX $QUICK $SNX $TOMO

@EasyfiNetwork / $EASY is easily one of the projects I'm currently most bullish on in terms of potential RIO for Q4+ @EasyfiNetwork is a $COMP fork built on $MATIC. Tackling the issues of Speed, Cost and Liquidity.But there's much more to it $PCT $RVX $QUICK $SNX $TOMO

As always. I'm simply a community member and holder so if I have missed anything or something is incorrect, please add a comment

Firstly, the project is very new but let's compare the TVL VS Marketcap to start for potential.

$COMP
𝐓𝐕𝐋= 830 Million
𝐌𝐂= 380 Million
𝐑𝐚𝐭𝐢𝐨: 46%

$EASY
𝐓𝐕𝐋= 31 Million
𝐌𝐂= 1.25 million
𝐑𝐚𝐭𝐢𝐨: 4%

If ratios were equal?

$EASY = $21+

https://www.easyfi.network/easy-scan.html

Token Metrics:

Circulating supply: ~710,000
Total supply: 10,000,000
Price: ~$1.75
MC: ~$1.25 million
Pre sale price: $0.3

The private sale only raised $300,000 and there is a 15 month vesting period for early supporters as attached.

https://bit.ly/2RW4sBm

Token Metrics: Circulating supply: ~710,000Total supply: 10,000,000Price: ~$1.75MC: ~$1.25 millionPre sale price: $0.3The private sale only raised $300,000 and there is a 15 month vesting period for early supporters as attached. https://bit.ly/2RW4sBm

What is @EasyfiNetwork:

In simple, it's a decentralised lending/borrowing protocol.

Starting as a fork of $COMP & built as a layer two solution on top of $MATIC.

There are a number of problems they are looking to solve

Problems being solved by @EasyfiNetwork:

1) High cost & slow speed of transactions
2) High collateralisation ratio
3) Lack of smart financial product's
4) Absence of credibility benchmarks

Solutions: See attached

Trusted, experienced and verified team:

Notably starting @koinfox which is connected to @binance as an official brokerage platform

𝐀𝐧𝐬𝐡𝐮𝐥 𝐃𝐡𝐢𝐫
https://www.linkedin.com/in/anshuldhir30

𝐀𝐧𝐤𝐢𝐭𝐭 𝐆𝐚𝐮𝐫
https://www.linkedin.com/in/ankittgaur

Roadmap:

An initial roadmap is planned to be released this week and include dual yield farming with a two week ETA.

In future, the $EASY token holders will play a vital part in deciding the direction of the project through decentralised governance.

Roadmap: An initial roadmap is planned to be released this week and include dual yield farming with a two week ETA. In future, the $EASY token holders will play a vital part in deciding the direction of the project through decentralised governance.

Partnerships:

@TheMahaDAO (fork of $MKR) partnership was announced last week which will enable $EASY tokens and etokens to be used as collateral to mint $ARTH.

This is part of their duel farming program with many more projects to come.

https://link.medium.com/MHajz6oruab

Token price Vs Development:

A huge factor to me is that similar to other projects which have only had a small or no funding round, $STAKE and $RVX come to mind.

Developments are important as always but also an appreciating token price seems to be a key focus too.

To me, the team has already shown this intention through the guarded launch, reduction of short term inflation and the dual farming planned implementation to create further ways for $EASY token holders to profit and engage.

https://medium.com/easify-network/update-yield-farming-rewards-1ead10d67df5

Where to buy:

Currently Bitmax is your best option. A great platform to ensure a fair launch especially considering how other Uniswap IDOs have turned out.

They will soon ensure liquidity on multiple DEXs including Uniswap but are working to ensure community engagement.

Staking:

A pre staking program is currently being run on Bitmax for 52% APR.

Further incentives will be rolled out such as dual yield farming over the coming days and weeks.

https://bitmax.io/en/staking/investment-product-details/EASY-S

$EASY Links:

Website: https://Easyfi.network

Official Telegram Chat: https://t.me/easyfiNetwork

Official Telegram Channel: https://t.me/easyfiAnn

Medium: https://medium.com/@easyfinetwork

Whitepaper: https://easyfi.network/easyfi-whitepaper.html

EasyFi Official

EasyFi is a Layer 2 DeFi Lending protocol for digital assets powered by Matic Network. Taking a strong community-oriented governance approach with $EASY visit https://Easyfi.network for details. For...

https://Easyfi.network

You can see via this tweet what my entry was around $1.1. https://twitter.com/TwoSatsWorth/status/1314210696280776705?s=19

https://twitter.com/TwoSatsWorth/status/1314210696280776705?s=19

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