EasyFi is a Layer 2 DeFi Lending protocol for digital assets powered by Matic Network. Taking a strong community-oriented governance approach with $EASY
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We are thrilled to announce our partnership with @rampdefiofficial to further extend our foray into derivative asset lending on our L2 Money Markets.
Here are the salient points:
- #EasyFi will add #RAMP's staked derivative asset #rUSD on the platform as a yield-bearing lending collateral. - rUSD is a RAMP DEFI issued derivative #stablecoin on the #Eth chain that represents collateralized staked liquidity. - Users mint #rUSD on depositing yield-bearing assets into #RAMP smart contracts. - These newly minted derivative tokens will be listed on our #DeFi Protocol V1. - Users on EasyFi can supply rUSD and borrow stablecoins from the borrow side.
This collaboration is in continuation of the #DoMoreWithDeFi Stage 2.0 vision that we started earlier this month with Staked Asset derivatives & launch of Derivative Asset Lending.