Cryptos

Excessive Yield Farming Program Now Obtainable on EasyFi and QuickSwap

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EasyFi Community, the DeFi Layer 2 Common Lending Protocol recognized for its scalability, composability and adoption has introduced the launch of its Excessive Yield Agriculture program. Launched in affiliation with QuickSwap, this one-of-a-kind LP farming and staking program went stay on August 4, 2021.

The collaboration between EasyFi Community and QuickSwap has enabled the introduction of two packages the place EZ token holders can create liquidity swimming pools with USDC and QUICK tokens on Polygon Community’s QuickSwap Trade. They’ll then use the LP tokens to develop QUICK tokens. In the meantime, the partnership additionally permits dQUICK holders to stake their tokens on the brand new EasyFi staking app and earn EZ tokens at round 50% APR.

EasyFi Community posted detailed directions for customers to take part in excessive yield LP Token Farming on QuickSwap Trade. To start yield farming, customers might want to add money to the $ EZ- $ USDC and / or $ EZ-QUICK swimming pools on QuickSwap and obtain the corresponding EZ-USDC and / or EZ-QUICK LP tokens. These LP tokens thus obtained have to be staked on the QuickSwap Rewards Module to start out QUICK farming. With a purpose to reap the advantages of excessive yield farming, customers might want to wager LP Tokens for 45 days.

Whereas the QuickSwap ecosystem hosts the Excessive Yield Farming Program, permitting customers to earn QUICK tokens, EasyFi will embrace help for QUICK staking on its new utility. dQUICK, quick for “Dragon’s Fast”, is the asset that’s obtained after depositing QUICK within the staking contract on QuickSwap. By staking dQUICK on the EasyFi app, token holders will be capable of mine EZ tokens. Just like the Excessive Yield LP Token Farming program, the staking time on EasyFi can be set at 45 days.

Each yield farming packages are scheduled to finish on September 7, 2021.

The launch of the Yield Farming program carefully follows one other vital improvement within the EasyFi ecosystem. The EasyFi Farming module has handed a safety audit carried out by Halborn Safety and was included within the EasyFi app. Within the coming days, your complete EasyFi protocol can be audited to make sure there aren’t any failures in its infrastructure.

Study extra concerning the EasyFi Excessive Yield Farming Program at – https://medium.com/easify-network/easyfi-launches-high-yield-farming-programs-in-collaboration-with-quickswap-8dc4c2626720

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