EasyFi Interim Compensation plan

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Avatar for Samxonite
3 years ago
  • EasyFi will compensate 100% of the lenders/depositors net balances in the best interests of all stakeholders & users.

  • EasyFi has onboarded new strategic investors & strong backers to help expand the protocol operations & business.

  • EasyFi has opened another round of funds for strategic investors and has already raised a sizable amount.

  • We are releasing a carefully thought out compensation plan for user’s funds deposited in protocol contracts on the Polygon Network.

  • We will consider the net balances of each address as per snapshot at block height #13464478 on the Polygon Network i.e. before the hack happened.

  • 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 IOU will be an ERC20 token backed in ratio of 1:1 with EASY V2 i.e. EZ tokens that offers multiple benefits

  • EZ IOUs holders to receive benefits from EasyFi and partner projects under multiple new incentivization programs.

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3 years ago

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