Buy EasyFi V2 (EZ)
What is EasyFi V2?
EasyFi V2 is a universal Layer 2 lending protocol within the decentralized finance (DeFi) ecosystem. It is built for scalability, composability, and adoption, supporting activities across multiple blockchains including Ethereum, Binance Coin, and Polygon. The protocol is designed to facilitate efficient and secure lending and borrowing activities by leveraging advanced blockchain technologies and smart contracts.
How does EasyFi V2 work?
EasyFi V2 operates on Layer 2 scaling solutions, which are employed to enhance transaction speeds and reduce gas fees. The protocol makes use of Ethereum, Binance Coin, and Polygon blockchains to ensure robust scalability and security. It employs smart contracts to manage lending and borrowing activities, executing predefined actions when specific conditions are met. This approach not only ensures transparency but also automates transactions on the platform.
What are the potential use cases for EasyFi V2?
The potential use cases for EasyFi V2 include:
- Micro-lending and Under-collateralized Loans: Facilitating access to financial services with minimal collateral requirements.
- Cross-chain Transactions: Enabling seamless asset transfers across different blockchain networks to improve interoperability.
- Decentralised Lending Platform: Operating as a DeFi lending platform that provides users with secure, transparent financial services.
EasyFi V2 is primarily applied in the financial services sector, particularly focusing on improving accessibility and affordability of DeFi lending solutions.
What is the history of EasyFi V2?
Founded by Ankitt Gaur and Anshul Dhir, EasyFi was launched in August 2020 on the Polygon Network. The protocol quickly gained traction with $40 million in Total Value Locked (TVL) within 36 hours of its launch. It later expanded to Ethereum and Binance Smart Chain to enhance its multi-chain capabilities. Despite a significant security breach in April 2021, which led to a loss of funds, EasyFi V2 has worked towards improving its security measures and continued its growth with strategic partnerships and technological enhancements.
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Frequently Asked Questions (FAQs)
What is the current price of EasyFi V2 (EZ)?
The EasyFi V2 price is $0 AUD, representing a 0% from the day prior.
Where is the best place to buy EasyFi V2 (EZ) in Australia?
The best place to buy EasyFi V2 (EZ) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell EasyFi V2 (EZ) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of EasyFi V2 (EZ)?
The trading volume of EasyFi V2 (EZ) is $0 AUD in the last 24hrs, representing a 0% from the day prior.
How can I buy EasyFi V2 (EZ)?
EasyFi V2 (EZ) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of EasyFi V2 (EZ)?
The current market cap of EasyFi V2 (EZ) is $0 AUD.
Can I convert EasyFi V2 (EZ) to cash?
Yes - With Coinstash you can convert your EasyFi V2 (EZ) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many EasyFi V2 (EZ) are there?
The current circulating supply of EasyFi V2 (EZ) is 0.
Is Coinstash a safe place to buy EasyFi V2 (EZ) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling EasyFi V2 (EZ) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.