2021-05-07 18:40:45
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 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 IOUs
Will be an ERC20 token
100% backed by vested $EZ tokens
1 EZ (IOU) = 1 #EZ
Holders will receive multiple benefits from EasyFi & partner projects
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: https://medium.com/easify-network/interim-compensation-plan-8fa81e46ada4
#EasyFi
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