EASYFI PARTNERS WITH QUICKSWAP TO LAUNCH HIGH-YIELD FARMING PROGRAMS
EasyFi and QuickSwap have teamed together to provide you a one-of-a-kind LP farming and staking program that will increase customers’ production over 6 weeks, beginning August 4th, 2021, at 2200H IST / 1630H UTC.
EasyFi Network and QuickSwap have teamed together to provide two initiatives to EZ holders that will help them to build liquidity pools using USDC and QUICK on the QuickSwap Exchange (Polygon Network) and make the best use of their LP tokens to farm QUICK tokens.
This collaboration also provides dQUICK holders on QuickSwap with a significant chance to earn EZ by staking their dQUICK tokens on the new EasyFi staking app at a large APR of up to 50%.
Farming Programs for High Yield LP Tokens on QuickSwap
· This farming program will be carried out on the QuickSwap Exchange.
· Users must add liquidity to either of the following pools on QuickSwap: $EZ — $USDC and/or $EZ — $QUICK.
· The users must then stake the resulting EZ-USDC and/or EZ-QUICK LP tokens on the Quickswap Rewards module, as well as Farm QUICK.
· Features of the program include:
Farming Program#2 : Stake $dQUICK and Farm $EZ on EasyFi App
· The second program will be on the Staking Module on the EasyFi App
· A new dQUICK staking card will be added on the app where the dQUICK
· Program Features
dQuick is short for “Dragon’s Quick.” When you deposit your QUICK into the staking contract, you acquire this asset. Users deposit QUICK and receive a dQUICK variable rate in return. As swap fees are generated, the value of dQUICK increases over time. Your dQuick is burnt when you unstake (or “withdraw”) from the staking contract, and you get back more QUICK than you put in based on the dQUICK rate.
QuickSwap is a Uniswap fork that operates on the Polygon network (previously Matic Network), an Ethereum Layer-2 scaling solution. Compared to the Ethereum mainnet, Polygon has reduced transaction costs, allowing QuickSwap to provide token swaps at a lower price than exchanges like Uniswap v2. This decentralized exchange operates without the need for authorization (DEX)
EasyFi is scalability, composability, and adoption-focused universal layer 2 lending protocol designed for DeFi. It was created as an open and inclusive financial network architecture that runs on public networks and allows for end-to-end lending and borrowing of digital assets and related financial products. EasyFi is based on the principles of permissionless networks and smart contract automation.