EasyFi (old)

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EasyFi (old)

⚡️IMPORTANT UPDATE - INTERIM COMPENSATION PLAN⚡️ ⚡️ EASYFI ONBOARDS STRATEGIC INVESTORS⚡️ 👉 New strategic investors & strong backers will help expand the protocol operations & business. 👉 EasyFi opened another round of funds for strategic investors 👉 Already raised a sizable amount. ⚡️INTERIM COMPENSATION PLAN⚡️ EasyFi Network is releasing a carefully thought out compensation plan for the protocol users on Polygon Network. Salient features: 👉 Compensation to 100% of the lenders/depositors net balances. 👉 Net balances of each address to be as per snapshot 👉 Block height considered for the above is #13464478 on the Polygon Network i.e. before the hack. 👉 Users will get funds in two parts - 25% of their funds will be compensated immediately, - 75% will be in EZ IOUs (I Owe You) EZ IOUs 👉 Will be an ERC20 token 👉 100% backed by vested $EZ tokens 👉 1 EZ (IOU) = 1 #EZ 👉 Holders receive multiple benefits EZ IOU benefits: 👉 25% discount on spot price of #EZ at the time of distribution 👉 Immediately redeemable against unlocked #EZ on polygon network 👉 Transferable & tradeable similar to any ERC20 token 👉 Surprise airdrops of tokens from partner projects 👉 Other incentivization programs 👉 Preference in EasyFi Access program Read More here: medium.com/easify-network/interim-compensation-plan-8fa81e46ada4 #EasyFi