EasyFi — A recap of happenings in November

Barineka
11 min readDec 4, 2020

The month of November has been challenging at EasyFi. We had some exciting Q4 Roadmap milestones, plenty of community outreach activities, rewards distribution and a few exciting listings. We also had our task cut out especially when a part of our team was challenged with health issues of some members, as being exposed to Covid-19. Nevertheless, the show must go on.

Here is a rundown of the major activities and events for November.

Q4 Roadmap Closures

We are absolutely on track with regard to our roadmap milestones. Besides some delays due to health issues of few team members we have completed herculean tasks and are now finishing up to go live asap. The following are the closures as per roadmap:

#1. EasyFi Launches Dual Farming Program DF-2

  • $MATIC farming opportunity on Ethereum mainchain by staking $EASY

The roadmap reflects DF program to be launched on Matic network but we launched a dedicated farming module (not just DF program) on ethereum network first. The primary reason to choose ethereum network at first, is expanding presence on ethereum while we are adding product line on layer 2 matic network too. This decision has allowed us to partner with projects which have presence only on ethereum network.

EasyFi launched a Dual Farming module on the EasyFi App. Dual Farming is our unique variant of yield farming or liquidity mining whereby EasyFi and Matic network as it’s first partner has allocated 5 Million MATIC towards incentivizing yield farmers. We launched the DF2 program on 22nd Nov at 8pm India time which is live for 60 days in total, for the community. 83,333.34 MATIC are being distributed daily to $EASY stakers on-chain, that currently generates APY upto 200% as being reported by community members.

We will keep adding new options on DF module in near future for community incentivisation. Also, a DF module will also be launched on Matic Network with new partner projects very soon.

Check our detailed guide here: EasyFi Launches Dual Farming Program DF-2

#2. Risk Management System Update

  • Making the Protocol Ready for the Volatile Asset Markets.

In our run-up to starting our volatile asset markets, it was imperative to get our application in tune with all the risks that the new markets will throw at us. EasyFi conducted a bevy of internal tests to ascertain the robustness of our systems, ran a few simulations, stress-tested the protocol under various permutations & combinations, and tweaked the codes wherever needed. We have updated the risk management system with necessary updates on the best-known basis

Read more about steps taken: Risk Management System Update

This is to inform our community members that we are absolutely in tandem with our roadmap and have completed almost all necessary integrations and updations. We will soon make the necessary announcements accordingly.

New Listings

$EASY got listed on some more spot exchanges and swap exchanges in November.

  • New Pair Listing on Bitmax — BitMax showcased its confidence in our product and token by adding another $EASY pair on 23rd Nov’20. Our token can now also be traded on the $EASY/$BTC pair on BitMax.

BitMax New Trading Pair of EASY/BTC Announcement | EASY/BTC on BitMax

  • Listing on Resfinex — $EASY was listed on the Resfinex Exchange on 1st Nov, 2020. Deposits and withdrawals for $EASY opened on the same day for trading on the $EASY/$ETH pair

$EASY Listed on Resfinex Announcement | $EASY on Resfinex

  • Listing on Bilaxy — Bilaxy exchange listed $EASY on 16th Nov, 2020 in the ETH market as a $EASY/$ETH pair.

$EASY Listed on Bilaxy Announcement | $EASY on Bilaxy

  • Listing on Hotbit — Hotbit, a popular exchange listed $EASY on its ETH market as a $EASY/$ETH pair.

$EASY Listed on Hotbit Announcement | $EASY on Hotbit

  • $EASY Listed on SwapSpace Announcement | $EASY on SwapSpace
    Listing on StealthEX — $EASY can now be swapped on StealthEX also with multiple crypto assets. StealthEX offers fast transparent and limitless swaps with none registrations.
  • $EASY Listed on StealthEx Announcement | $EASY on StealthEx
    Listing on Matcha — Matcha may be a crypto trading platform with smart order routing and aggregates liquidity from multiple sources.
  • Check out the $EASY listing here: EasyFi added on Matcha
    Increased Social Footprint
    Dapp.com — Dapp.com may be a cross-chain platform for everybody to get , use, and luxuriate in dapps with ease. Find EasyFi on Dapp.com and rate it: EasyFi on Dapp.com
    Xangle — Xangle may be a platform that gives the important time data and project information, to the Asian Markets. Our listing on Xangle and therefore the disclosures we make on the platform will improve ours within the Asian investor community. Find various details of EasyFi here: EasyFi on Xangle
    Lunarcrush — Lunarcrush provides real-time cryptocurrency social media analytics and crypto exchange prices for listed cryptos. determine more about EasyFi and straightforward on this link: $EASY on Lunarcrush
    Dapp Review — Dapp Review may be a leading data-driven dapps platform. It tracks multiple chains and provides analytics for various dapps. Easy has also been listed on Dapp Review: EasyFi added on DappReview
    Delta Direct — The much popular Delta App offers Delta Direct as a service to deliver trustworthy, transparent & leading-edge cryptocurrency information to users. We were already listed on the Delta App and are happy to be covered and added to the Direct list also . Now users can get regular $EASY updates on their mobiles, directly: $EASY added on Delta Direct
  • Community Expansion
    EasyFi Official (Vietnam) — We marked our growing network presence in South East Asia, by expanding into Vietnam and began our area people there. we’ve already grown to become a 3000+ community in Vietnam within a month of our launch. inspect our announcement here: https://t.me/easyfiAnn/108 and our Vietnam group here: https://t.me/easyfivn
    10K Community Members — Our official Community group EasyFi Official crossed a serious milestone of 10000+ community members. https://t.me/easyfiAnn/127
  • Highlights of the Month
    Sponsored the Binance Summit — Blockchain applied — EasyFi sponsored a worldwide event, Binance Summit — Blockchain Applied. The summit focused on the new advancements within the blockchain and its use cases in several industries like gaming, enterprises, Binance smartchain, art, and gaming. EasyFi CEO, spoke at the summit and presented his thoughts at a workshop on the way to “Invest and Make Passive Income With #Crypto”. Our announcement: https://t.me/easyfiAnn/116
    Community Incentivization programs
    - Staking program on Bitmax Extended
    The Easyfi staking program on BitMax was earlier planned for one month, has now been extended. $EASY rewards will continue till subsequent announcement. Users may continue staking $EASY for more rewards until further notice. Please ask the announcement here for details: https://t.me/easyfiAnn/121
    - EasyFi staking on Ethereum Network
    EasyFi launched its Dual Farming Program DF2 this month. Users can stake $EASY on the new Dual Farming module on the app and Farm $MATIC tokens. a complete of 5 Million Matic are often farmed during this period of 60 days ranging from 23rd Nov’20. Read more about this program and ask the guide here to urge started: EasyFi Launches Dual Farming Program DF-2
    - Hotbit Investment Product 10% APR
    Hotbit launched an $EASY Investment product on November 27th, 2020, and straightforward Current Deposit Investment Plan on an equivalent day. The initial rate of annualized return are going to be 10%, with the calculation of the interest period being (T+1) and therefore the redemption period being (T+1). Please ask the subsequent link for detailed information regarding the principles and regulations of this plan: Easy Investment Product on Hotbit
  • Community Outreach — AMAs
    AMA with Binance English Telegram Group: during a recent AMA hosted by the Binance English Telegram Group, the Founder & CEO of EasyFi Network, Ankitt Gaur, talked openly about the vision of the organization, the selection of the network to base our protocol on, our USP, features, future plans, and also about the team. This AMA was divided into three parts which rewarded users for the simplest questions and for answering questions that we posed to them during a quiz competition. We rewarded $EASY worth $2500 to all or any those that answered our 5 questions correctly. altogether 33 participants got an equal share of the quiz prize. Read more about Ankitt’s viewpoints, the questions from the community and our quiz contest here: In conversation with Team EasyFi
    AMA with Decentralized Club — An AMA was organized with the Decentralized Club on Telegram. With quite 20000 members, Decentralized Club was led by their admin Billy on a virtual chat based tete-a-tete with EasyFi CEO, Ankitt Gaur. Ankitt was his usual candid self and answered all questions posed to him about the project, protocol, team, current status and plans for the longer term . Our announcement of the AMA: https://t.me/easyfiAnn/113
  • Community Outreach — The EasyFi Knowledge Quiz Contests
    EasyFi Network organized its first knowledge quiz contest on the telegram group. the thought of organizing the quiz contest was to interact the communities during a healthy competition where they might learn and earn about EasyFi protocol and $EASY as an entire , got to analyze the ways to stay the community updated about Easyfi protocol and make sure the engagement with the Easyfi Community. it had been great to seek out an outsized number of individuals who have an interest within the EasyFi platform and DeFi.
    EasyFi Official Telegram Group: EasyFi Network organized its first Knowledge Contest on its official Telegram Group — EasyFi Official — on 12th Nov, the thought was to firstly, understand how far the $EASY word has spread and to what measure; secondly, analyze the necessity to constantly keep our community up so far on the EasyFi protocol; and lastly, ensure continued engagement with the community on all fronts. examine the entire quiz here: EasyFi Knowledge Contest — Quiz #1
    Other groups: We also organized 4 more quiz contests within the following groups: EasyFi Official — Vietnam , CryptoNation, CryptoUniverse, and CryptoBharat.
    Prize money at stake: EasyFi network gave away total rewards worth $2000 to contest winners from the 5 groups above. We followed a singular point system to reach the important winners.
  • To learn more about $EASY and EasyFi, please undergo our whitepaper and other articles on this publication.
  • $EASY Listed on SwapSpace Announcement | $EASY on SwapSpace
    Listing on StealthEX — $EASY can now be swapped on StealthEX also with multiple crypto assets. StealthEX offers fast transparent and limitless swaps with none registrations.
  • $EASY Listed on StealthEx Announcement | $EASY on StealthEx
    Listing on Matcha — Matcha may be a crypto trading platform with smart order routing and aggregates liquidity from multiple sources.
  • Check out the $EASY listing here: EasyFi added on Matcha
    Increased Social Footprint
    Dapp.com — Dapp.com may be a cross-chain platform for everybody to get , use, and luxuriate in dapps with ease. Find EasyFi on Dapp.com and rate it: EasyFi on Dapp.com
    Xangle — Xangle may be a platform that gives the important time data and project information, to the Asian Markets. Our listing on Xangle and therefore the disclosures we make on the platform will improve ours within the Asian investor community. Find various details of EasyFi here: EasyFi on Xangle
    Lunarcrush — Lunarcrush provides real-time cryptocurrency social media analytics and crypto exchange prices for listed cryptos. determine more about EasyFi and straightforward on this link: $EASY on Lunarcrush
    Dapp Review — Dapp Review may be a leading data-driven dapps platform. It tracks multiple chains and provides analytics for various dapps. Easy has also been listed on Dapp Review: EasyFi added on DappReview
    Delta Direct — The much popular Delta App offers Delta Direct as a service to deliver trustworthy, transparent & leading-edge cryptocurrency information to users. We were already listed on the Delta App and are happy to be covered and added to the Direct list also . Now users can get regular $EASY updates on their mobiles, directly: $EASY added on Delta Direct
  • Community Expansion
    EasyFi Official (Vietnam) — We marked our growing network presence in South East Asia, by expanding into Vietnam and began our area people there. we’ve already grown to become a 3000+ community in Vietnam within a month of our launch. inspect our announcement here: https://t.me/easyfiAnn/108 and our Vietnam group here: https://t.me/easyfivn
    10K Community Members — Our official Community group EasyFi Official crossed a serious milestone of 10000+ community members. https://t.me/easyfiAnn/127
  • Highlights of the Month
    Sponsored the Binance Summit — Blockchain applied — EasyFi sponsored a worldwide event, Binance Summit — Blockchain Applied. The summit focused on the new advancements within the blockchain and its use cases in several industries like gaming, enterprises, Binance smartchain, art, and gaming. EasyFi CEO, spoke at the summit and presented his thoughts at a workshop on the way to “Invest and Make Passive Income With #Crypto”. Our announcement: https://t.me/easyfiAnn/116
    Community Incentivization programs
    - Staking program on Bitmax Extended
    The Easyfi staking program on BitMax was earlier planned for one month, has now been extended. $EASY rewards will continue till subsequent announcement. Users may continue staking $EASY for more rewards until further notice. Please ask the announcement here for details: https://t.me/easyfiAnn/121
    - EasyFi staking on Ethereum Network
    EasyFi launched its Dual Farming Program DF2 this month. Users can stake $EASY on the new Dual Farming module on the app and Farm $MATIC tokens. a complete of 5 Million Matic are often farmed during this period of 60 days ranging from 23rd Nov’20. Read more about this program and ask the guide here to urge started: EasyFi Launches Dual Farming Program DF-2
    - Hotbit Investment Product 10% APR
    Hotbit launched an $EASY Investment product on November 27th, 2020, and straightforward Current Deposit Investment Plan on an equivalent day. The initial rate of annualized return are going to be 10%, with the calculation of the interest period being (T+1) and therefore the redemption period being (T+1). Please ask the subsequent link for detailed information regarding the principles and regulations of this plan: Easy Investment Product on Hotbit
  • Community Outreach — AMAs
    AMA with Binance English Telegram Group: during a recent AMA hosted by the Binance English Telegram Group, the Founder & CEO of EasyFi Network, Ankitt Gaur, talked openly about the vision of the organization, the selection of the network to base our protocol on, our USP, features, future plans, and also about the team. This AMA was divided into three parts which rewarded users for the simplest questions and for answering questions that we posed to them during a quiz competition. We rewarded $EASY worth $2500 to all or any those that answered our 5 questions correctly. altogether 33 participants got an equal share of the quiz prize. Read more about Ankitt’s viewpoints, the questions from the community and our quiz contest here: In conversation with Team EasyFi
    AMA with Decentralized Club — An AMA was organized with the Decentralized Club on Telegram. With quite 20000 members, Decentralized Club was led by their admin Billy on a virtual chat based tete-a-tete with EasyFi CEO, Ankitt Gaur. Ankitt was his usual candid self and answered all questions posed to him about the project, protocol, team, current status and plans for the longer term . Our announcement of the AMA: https://t.me/easyfiAnn/113
  • Community Outreach — The EasyFi Knowledge Quiz Contests
    EasyFi Network organized its first knowledge quiz contest on the telegram group. the thought of organizing the quiz contest was to interact the communities during a healthy competition where they might learn and earn about EasyFi protocol and $EASY as an entire , got to analyze the ways to stay the community updated about Easyfi protocol and make sure the engagement with the Easyfi Community. it had been great to seek out an outsized number of individuals who have an interest within the EasyFi platform and DeFi.
    EasyFi Official Telegram Group: EasyFi Network organized its first Knowledge Contest on its official Telegram Group — EasyFi Official — on 12th Nov, the thought was to firstly, understand how far the $EASY word has spread and to what measure; secondly, analyze the necessity to constantly keep our community up so far on the EasyFi protocol; and lastly, ensure continued engagement with the community on all fronts. examine the entire quiz here: EasyFi Knowledge Contest — Quiz #1
    Other groups: We also organized 4 more quiz contests within the following groups: EasyFi Official — Vietnam , CryptoNation, CryptoUniverse, and CryptoBharat.
    Prize money at stake: EasyFi network gave away total rewards worth $2000 to contest winners from the 5 groups above. We followed a singular point system to reach the important winners.
  • To learn more about $EASY and EasyFi, please undergo our whitepaper and other articles on this publication

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Barineka

Crypto Evangelist | Smartphone photographer | Geologist |Project manager| Digital Marketer|