β‘οΈIMPORTANT UPDATE - INTERIM COMPENSATION PLANβ‘οΈ
β‘οΈ EASYFI ONBOARDS STRATEGIC INVESTORSβ‘οΈ
π New strategic investors & strong backers will help expand the protocol operations & business.
π EasyFi opened another round of funds for strategic investors
π Already raised a sizable amount.
β‘οΈINTERIM COMPENSATION PLANβ‘οΈ
EasyFi Network is releasing a carefully thought out compensation plan for the protocol users on Polygon Network.
Salient features:
π Compensation to 100% of the lenders/depositors net balances.
π Net balances of each address to be as per snapshot
π Block height considered for the above is #13464478 on the Polygon Network i.e. before the hack happened.
π Users will get funds in two parts
- 25% of their funds will be compensated immediately,
- 75% will be in
EZ IOUs (I Owe You)
EZ IOUs
π Will be an ERC20 token
π 100% backed by vested $EZ tokens
π 1
EZ (IOU) = 1
#EZπ Holders will receive multiple benefits from EasyFi & partner projects
EZ IOU benefits:
π 25% discount on spot price of
#EZ at the time of distribution
π Immediately redeemable against unlocked
#EZ on polygon network
π Transferable & tradeable similar to any ERC20 token
π Surprise airdrops of tokens from partner projects
π Other incentivization programs
π Preference in EasyFi Access program
Read More here: https://medium.com/easify-network/interim-compensation-plan-8fa81e46ada4
#EasyFi