EasyFi V2

EZ Price

What is EasyFi?

EasyFi is a universal layer-2 lending platform that allows for faster and cheaper transactions when borrowing and lending digital assets.

The network is designed to be blockchain agnostic, allowing for instant settlement across different blockchains while users maintain custody of their own assets on the original network.

What are EZ tokens?

EasyFi’s native token, EZ, will have several key functions such as:

a) Governance - EZ tokens allow users to shape and vote on the future direction of the EasyFi protocol

b) Cross chain settlement - EZ tokens will be used as an asset to communicate and share liquidity with other sidechains and mainnets such as Binance Smart Chain and Polkadot

c) Staking and Dual Farming - Users can deposit EZ LP tokens and other crypto assets to earn rewards

How Does EasyFi Work?

EasyFi’s core concepts include lending and borrowing of different crypto assets. However, it is currently only available on the Matic Network. 

Users can lend their assets by supplying it to an aggregated liquidity pool where it will be matched based on the demand from borrowers. Users can withdraw their liquidity at any time unless the pool’s utilization is at full capacity. Claims towards the assets in each specific pool as well as interest earned are represented using ERC-20 compatible eTokens, where each user receives a proportion based on their contribution to the liquidity pool. 

To borrow assets, eToken holders use the eTokens as collaterals to receive loans from EasyFi’s money market protocols as well as other platforms that have been integrated. Users can specify which assets to borrow and set their preferred conditions.

How much a user can borrow is based on the collateral factor of an asset market and also the user’s own account balance.

Interest rate models on lending and borrowing are determined through governance, which will dictate the base interest rate and reserve ratio. 

Currently, EasyFi offers a staking program and Dual Yield Farming, where they will collaborate with partner projects to allocate EASY tokens along the partner project’s native tokens as incentives for yield farmers and liquidity providers.

EasyFi also plans to offer under collateralized lending, microlending and cross-chain bridge contracts to facilitate real-time financing between different blockchains. To know more about EasyFi’s and their planned products, you may refer to their whitepaper. 

How Do I Get EZ Tokens?

You can obtain EZ tokens by purchasing them from cryptocurrency exchanges such as Binance or Uniswap. 

Alternatively, EasyFi’s own liquidity mining program lets users farm EZ tokens by staking Uniswap liquidity provider tokens. Currently, users may choose to provide liquidity for the EZ/DAI or EZ/ETH liquidity pool on Uniswap. 

Through their Dual Farming offering, users can also stake their existing EZ tokens to earn additional EZ. To know more about this and other liquidity mining programs, you may head over to our Yield Farming page.

Where can you buy EasyFi V2?

EZ tokens can be traded on centralized crypto exchanges and decentralized exchanges. The most popular exchange to buy and trade EasyFi V2 is Gate.io, where the most active trading pair EZ/USDT has a trading volume of $1,917.29 in the last 24 hours. Other popular options include Quickswap and PancakeSwap (v2).

What is the daily trading volume of EasyFi V2 (EZ)?

The trading volume of EasyFi V2 (EZ) is $1,930.39 in the last 24 hours, representing a 41.10% increase from one day ago and signalling a recent rise in market activity.

What is the all-time high for EasyFi V2 (EZ)?

The highest price paid for EasyFi V2 (EZ) is BTC0.0007858, which was recorded on Apr 06, 2021 (over 3 years). Comparatively, the current price is -100.00% lower than the all-time high price.

What is the all-time low for EasyFi V2 (EZ)?

The lowest price paid for EasyFi V2 (EZ) is BTC0.0₇6922, which was recorded on Nov 18, 2024 (17 days). Comparatively, the current price is 59.70% higher than the all-time low price.

What is the fully diluted valuation of EasyFi V2 (EZ)?

The fully diluted valuation (FDV) of EasyFi V2 (EZ) is BTC0.9867. This is a statistical representation of the maximum market cap, assuming the maximum number of 10 Million EZ tokens are in circulation today. Depending on how the emission schedule of EZ tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of EasyFi V2 compare against its peers?

With a price decline of -4.50% in the last 7 days, EasyFi V2 (EZ) is underperforming the global cryptocurrency market which is up 11.00%, while underperforming when compared to similar Polygon Ecosystem cryptocurrencies which are up 0.00%.

How to add EasyFi V2 (EZ) to MetaMask?

Adding EasyFi V2 (EZ) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import EZ as a token. You can copy EZ’s contract address (0x00aba6fe5557de1a1d565658cbddddf7c710a1eb) and import it manually, or if you've installed MetaMask's chrome extension, add EZ to MetaMask with one click on CoinGecko.

Add EZ to MetaMask.