Dedicated fund will focus on building open DeFi lending infrastructure using existing EasyFi tech
GURGAON, INDIA / ACCESSWIRE / December 10, 2021 / Easyfi Network, the universal Layer 2 DeFi lending protocol for digital assets has announced the launch of the EasyFi Developer's Fund & Grants Program that has been created to fund promising individuals and projects to build and contribute to growth of the EasyFi Network.
EasyFi had announced the start of the EasyFi Developer's fund in its roadmap for Q4 2021 to fund open infrastructure development & share resources to accelerate development in DeFi on principles of composability & decentralization.
EasyFi will direct this fund to invest in individuals & teams who are eager to build using the current EasyFi infrastructure and contribute towards the growth of the protocol.
With this announcement, EasyFi is opening the application process for the EasyFi Developer's Fund and Grants Program.
Announcing this, Ankitt Gaur, Founder & CEO, EasyFi Network said, "With a vision that leads us to become a DAO eventually, the overarching theme of the protocol has always remained focussed on building open lending infrastructures. We believe that a collaborative approach with a community of believers, will drive the growth & direction of the network. We are very excited to get involved with some very talented people who are planning to work on & integrate the EasyFi lending to create products and applications that extend & grow the protocol."
Under the Program, EasyFi is focusing on teams and /or individuals who are willing to build something using the existing EasyFi infrastructure on the following areas:
- Accessibility for EasyFi staking, farming & lending pools via mobile interfaces
- Automations for Liquidation and production processes on EasyFi
- Dashboards to provide more insights and data on EasyFi lending, liquidation, etc
- Integrating EasyFi with 3rd Party Applications, platforms and networks
- Adding EZ as a utility in applications
- Building cross chain bridges / infrastructure enabling user onboarding on EasyFi
- 3rd Party interfaces to provide direct access to EasyFi Lending pools and staking/farming programs
- Build a natively cross-chain dApp that leverages EasyFi lending pools
EasyFi is keen to explore and review anything that adds value to its existing products and services and adds utilities to the whole ecosystem.
The application process for the Program is simple and interested people & projects have to fill up this form https://forms.gle/Q4Ueoait3ZvMujrD8
All intimations to the applicants will be via the channels provided on the forms.
Grant Philosophy
Elaborating on the EasyFi philosophy on Grants, Ankitt Gaur added, "At EasyFi, we always ask ourselves a question - how do we unlock exponential composability? DeFi plays heavily around composability; and the biggest factor in the success of this space and spurt in its growth has been the focus on building products and tech in a more decentralized manner. It is our belief that to drive composability in the DeFi space, it is imperative to encourage and support community participation, ownership and action. This is what drives our goals in this program."
- EasyFi will focus on targeted resource allocation - thus fostering overall development of the ecosystem
- Grow each part of the EasyFi protocol by handing over ownerships to independent projects & groups - thus fostering decentralized development and growth
- Provide continuous support in whichever way possible to teams building with EasyFi - thus fostering a collaborative environment towards building new products and services.
About EasyFi
Easyfi is a universal layer 2 lending protocol built for defi focused on scalability, composability, and adoption. It has been designed as an open and inclusive financial network infrastructure to run on public networks to facilitate an end-to-end lending & borrowing of digital assets and related financial products. Easyfi is being built upon the ethos of permission less networks & automation of smart contracts.
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For more information, please contact Media Team (info@easyfi.network)
SOURCE: Easyfi Network
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