EasyFi Introduces Blend – A New Generation of DeFi Products with Configurable Advanced Smart Contracts

2 years ago

EasyFi, the multi-chain layer-2 wealth marketplace protocol has introduced BLEND, a acceptable of precocious and configurable astute contracts for DeFi 2.0 applications. Created keeping the community’s requirements successful mind, these astute contracts simplify the instauration of output generating products similar permissionless fixed instrumentality staking programs and more.

Introduction of these permissionless precocious astute contracts is simply a effect of EasyFi’s effort to plug a long-existing spread betwixt the idiosyncratic request and the availability of output generating products successful the DeFi market. With EasyFi’s precocious astute contracts, anyone tin motorboat their ain staking programs that connection fixed yields to its participants implicit a definite duration.

The Fixed Interest Staking diagnostic is rather other to EasyFi’s different precocious launched merchandise – Flexi-Interest Program wherever the involvement output varies with alteration successful the people excavation of tokens. Instead, the returns successful fixed involvement staking are straight proportional to their stock of deposits successful the circumstantial people pool. It is simply a invited summation to those who similar stableness implicit flexibility, arsenic they tin expect to person a committed output for a pre-specified duration without relying connected the token excavation presumption astatine immoderate instant.

The Fixed Returns Staking is the archetypal of galore precocious configurable astute contracts that are acceptable to beryllium introduced by EasyFi. The configuration parameters successful the lawsuit of fixed returns staking contracts include:

  1. Duration of the program
  2. Interest complaint of the program
  • Release day oregon play of the locked tokens
  1. Lock-in durations
  2. Target excavation size for the program

Explaining the driving unit down the instauration of customizable fixed output astute contracts, the EasyFi squad said,

“In our quest to physique products that supply a wholesome acquisition to a DeFi user, we came crossed a circumstantial issue. We recovered that nary of the disposable DeFi opportunities supply a fixed output to the idiosyncratic for their deposits. EasyFi took cognisance of this occupation and started moving connected processing a bid of permissionless precocious astute contracts that volition alteration the instauration of programs that connection caller possibilities including fixed involvement to the users against their deposits. The archetypal measurement successful this absorption is the motorboat of Fixed Interest Staking Programs.”

EasyFi’s Permissionless Staking Contracts are made disposable nether the Blend banner, which has been nether improvement since Q4 2021. Any DeFi task tin utilize EasyFi’s open-source, configurable precocious astute contracts to motorboat their ain fixed-interest products. By offering easy, unfastened entree to innovative products, EasyFi believes that it volition beryllium capable to supply much incentivization opportunities for galore DeFi projects portion expanding the complaint of adoption of specified projects, successful turn, the full DeFi ecosystem.

All EasyFi contracts are designed keeping the security, speed, and functionalities of each supported ecosystems successful caput which enables the projects integrating these astute contracts to bask assorted capabilities similar astute plus routing, faster and seamless reconciliation and robust governance offered by the protocol.

EasyFi has already started offering Fixed Staking products nether Blend, with a 90-day programme offering 32% FIXED APR, which is present afloat subscribed, and a 60-day programme offering 24% FIXED APR. These programs are being offered connected the EasyFi App connected Polygon Network.

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