EasyFi Integrates Trust Wallet to Layer 2 Money Markets
Native wallet integration with protocol opens direct access to L2 Lending experience for Trust Wallet users & funds
We are thrilled to announce the integration of Trust Wallet to the EasyFi App with effect from 15 Dec 2021. Trust Wallet access is now live on EasyFi.
Users of Trust Wallet can now connect their wallets and access funds directly from the EasyFi App for all lending, farming, staking activities and for other upcoming products & services on the protocol.
Earlier last month, we had integrated the Coinbase Wallet as well with the EasyFi protocol.
Trust wallet is widely known as a decentralized wallet product from Binance that is making crypto more accessible by allowing anyone to freely use the app on multiple chains it is integrated with . This integration with Trust Wallet aims to ease the transition for the wallet users and bring them on to their first layer 2 DeFi & lending experience on EasyFi protocol.
EasyFi currently offers integration with Coinbase & MetaMask and is working on integrating more wallets.
Wallet Integration Brief
Easyfi is currently live with three of its modules — Lending, Staking & Farming
The EasyFi Lending protocol is currently open to user deposits of the following major crypto-assets — MATIC, WETH, WBTC, USDC, USDT, & DAI on the app on Polygon Network to generate yield and also for borrowing of corresponding assets.
EasyFi is also offering Staking programs (currently on Polygon) and Farming programs (currently on Ethereum)
This integration of the Trust native wallet with the EasyFi protocol will:
- Allow faster and cheaper transactions for millions of users on the wallet
- Provide easier access to their funds on a widely used scaling layer 2 solution — Polygon
- Enable new users from Trust Wallet to earn a yield of the supply of digital assets and experience passive income
- We want to enable the millions of users on Trust Wallet to engage and explore lending, farming and staking on the EasyFi protocol.
- In the coming weeks, we’ll continue to take steps to make it easier for users to access and interact with a variety of wallets that support Layer 2 Polygon network both on mobile and web.
- We are also seeking to expand the number of strategies and support new deposit assets and wallets on the protocol.
Speaking on this integration, Anshul Dhir, Co-Founder & COO, EasyFi Network said,
“We have been working on setting up native wallet integrations to EasyFi protocol for quite some time now with an aim to ease participation in Layer 2 DeFi lending for users on different chains and wallets. This integration with Trust Wallet comes immediately after our integration with Coinbase Wallet. This will further enable efficient capital deployment avenues for Trust Wallet users, provide various yield generating opportunities on EasyFi, making a firm step towards making DeFi more inclusive and easy-to.”
About Trust Wallet
Trust Wallet is a decentralized mobile wallet product of Binance that is used for buying, selling, transferring, and storing digital assets / cryptocurrency. Trust Wallet also has a fully functioning Web3 browser that can be used to interact with any DApp. The app supports 53 blockchains and 1M+ assets including NFTs.
EasyFi Network is a universal layer-2 multi-chain money market protocol for digital assets with focus on liquidity sourcing & capital efficiency for structured lending in a non-custodial manner. The Protocol is currently live on Polygon, Binance Smart Chain and Ethereum.
To learn more about $EZ and EasyFi, please go through our whitepaper and other articles on this publication.